TexelQ provides global, state-of-the-art engineering design solutions to a variety of industries including automotive, medical, food processing, and aerospace, amongst others. The owner of this Chennai, India-based business was introduced to Promontory as they desired to identify and secure a US-based partner to help market their design and engineering capabilities in the United States. Through Promontory’s domestic contacts, we assisted TexelQ in identifying and securing local expertise to collaborate with TexelQ’s India-based engineering team. This successful engagement resulting in closing a joint-venture
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.
