(PRWEB UK) 18 October 2012
Equiteq and its USA partner 7 Mile Advisors are pleased to announce that their client Easton Associates has been acquired by Navigant, the global business advisory firm. Headquartered in the USA, Easton is an international consulting firm specializing in product and business strategy for companies in the life sciences industries. The deal was completed on 1st October 2012.
Equiteq LLP and 7 Mile Advisors are merger and acquisition specialists providing strategic advisory and M&A transaction services to the consulting and IT services sector. Equiteq was engaged by Easton in 2010 to help the shareholders achieve their equity growth and realization objectives. 7 Mile Advisors are an Equiteq alliance partner in the USA and acted as lead advisor on the deal. Andy Johnston of 7 Mile Advisors said:
"Easton is a world class consulting firm with a leadership position in a very competitive sector. After carefully evaluating compelling offers from some of the leading consulting firms in their space, the Partners at Easton decided that Navigant presented the best fit both for their staff and their clients. It was my pleasure to help Easton accelerate their growth and continue their history of innovation and delivery excellence by advising them on this transaction.”
Paul Collins, Managing Partner at Equiteq added:
“After working with Easton for two years on their growth and exit strategy, it is gratifying to see the end result and an excellent deal with Navigant. I am thoroughly delighted for the shareholders that it has culminated in this transaction.”
Equiteq is a strategic advisory and M&A transaction specialist for consulting firms. We work with SME consulting firm shareholders in order to help them achieve their business objectives and exit strategies.
About 7 Mile Advisors
7 Mile Advisors is a boutique investment bank which enables clients to increase and unlock enterprise value. 7 Mile serves clients worldwide by addressing the transactional and strategic opportunities faced by middle-market companies, boards, and financial sponsors. The firm provides customized mergers & acquisitions, private placement and restructuring services. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC.