Toronto, Ontario (PRWEB) April 06, 2016
“There was a lot to overcome for many sectors of the Canadian economy in 2015. It is no surprise that business owners in the lower middle market (LMM) want to explore their strategic options and are seeking advice. We have built FirePower to meet that unanswered need,” says Ilan Jacobson, FirePower’s Founding Partner & CEO.
One of FirePower’s high profile mandates was advising BNOTIONS — a mobile innovation lab that ranked #16 on the 2014 Profit 500 list — on its sale to Symbility, a strategic partner with the vision and resources to take the company to the next level. Acting as an exclusive sell-side advisor, FirePower secured a total consideration of approximately $5M for BNOTIONS’ shareholders.
“The BNOTIONS sale highlights our unmatched ability to execute on LMM deals, delivering transactional advice that is typically available only to larger companies,” comments Sebastien Douville, FirePower’s Partner & COO. “We have been investing in our deal team, technology, and processes since inception to address the lower middle market’s challenges, and those investments are now paying off,” he adds.
“We are excited about 2016, as market dynamics continue to evolve, and we are well positioned to guide business owners through it all,” concludes Mr. Jacobson.
About FirePower Capital:
FirePower Capital is Canada’s entrepreneurial investment bank. We advise the owners of the country’s mid-sized private businesses on their mission-critical transactions, such as financing a shareholder buy-out, acquiring a competitor, or selling to a strategic buyer. We are the next generation of investment bankers, reimagining and optimizing the way deals get done.
For more information and resources visit http://www.firepowercapital.com.