The first quarter of 2019 was excellent for Mentor Securities. Our inventory includes six sellside and five buyside transactions. Two significant closed transaction are the following:
- Cleancut was sold after we created a very competitive "silent" auction of bidders. The variety of buyer proposals made for a difficult but very positive outcome. The ultimate purchase price far exceeded the client's initial expectations.
- On the buy-side, we identified and qualified a target that fit very well on a Private Equity firm's platform. This healthcare software seller commanded a very strong multiple.