“FirePower proved to be very creative and
relentless in their pursuit of the right deal”
We’re continuously getting smarter and sharper at redefining the way Canadian entrepreneurs operate and exit their businesses.
FirePower's Investment Banking team helped us to convey the strong growth story that was Versature, showcasing our people, processes, numbers and metrics. They built a worldwide list of potential acquirers and through diligent effort surfaced a strong US buyer for Versature. Alan and the team were a great source of expertise and experience during our negotiations. The team's execution was impressive, guiding us through the process to a successful close just 90 days after signing the LOI.
This deal was more than just about financing. We wanted to secure funding from a lender that was keen to grow with us as we execute our aggressive expansion plans for PPC. FirePower brought that to the table and as a result, we are confident and well positioned to move ahead...
We engaged FirePower after an unsuccessful process with another firm. They cast their net worldwide for strategic and financial buyers, 102 in total. We had 8 offers to consider, the one we preferred from Kolmar. FirePower then helped us overcome the challenges of closing a deal across the Pacific, setting both parties up for success post-closing. We sincerely thank the team for their hard work.
FirePower’s team delivered what we needed: a term debt structure that is well thought out with respect to terms and conditions, and has enough flexibility to allow us to grow.
We had the closing call this morning, pushing us past the ever receding finish line! I wanted to thank you for your help getting this transaction done. The Firepower team delivered on all the promises. From what I have seen of the team, great things await. In particular, I want to thank Jon and Matt who have been invaluable in every stage of the transaction and a pleasure to work with.
I was impressed with FirePower’s level of commitment and sophistication even ahead of partnering together. It could have been all talk, but the FirePower team delivered on their promises.
We have been extremely impressed by the efforts of FirePower Capital in helping us identify a partner the team is excited to join forces with. Their support in managing the entire M&A process let our management team focus on building the business rather than being over burdened with getting the deal done. We sincerely thank FirePower for their hard work.
As with most situations involving shareholders, I realized early on that an investment bank could play a critical role in managing this sensitive transaction. The team at FirePower provided invaluable guidance and advice.
As this was the first time we went outside our founders’ circle of family and friends to raise non-dilutive capital, I wanted to make sure I knew all my options. FirePower proposed to do a survey of likely lenders, on a no-name basis; their survey would give me concrete feedback on the likelihood of our raise, while LOT retained the flexibility of anonymity. After positive responses from lenders, the Board decided to formally task FirePower with raising the necessary capital. FirePower proved to be very creative and relentless in their pursuit of the right deal for LOT.
FirePower was a core advisor to Telos, guiding us, initially in evaluating our strategic options, and then through the go-public transaction.