L.S. Research and L.S. Compliance, an organization focused on wireless design, testing, and compliance certification, engaged Promontory to explore liquidity objectives for the shareholders. As the Company’s advisor, Promontory approached both financial and strategic parties to achieve the client’s objectives of selling the business at an attractive valuation while allowing the Company to remain autonomous. The transaction resulted in favorable economics for the shareholders, while also providing management the opportunity to become owners and grow the business with a new equity partner.
By Christopher Riegg
Christopher Riegg, CFA, CPA is the Founding Partner of Promontory Strategy Group (PSG), providing strategic and financial advisory support to privately held and family-owned businesses. He also co-leads Promontory Point Capital (PPC), the investment banking firm he co-founded in 2004, and is the creator of RieggInsights.com, a platform focused on strategic growth, value creation, and successful transaction outcomes.
