Tech Company M&A Transactions
Verticalnet Acquisition
Headquartered in Malvern, Verticalnet was acquired by BravoSolution. Financial terms set the valuation at $15.2 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/26/2007
Transaction Type
M&A
Amount
$15,200,000
M&A Terms
Under the terms of the definitive agreement, BravoSolution will acquire all the outstanding shares of Verticalnet common stock at a price of $2.56 per share. BravoSolution will also acquire all the outstanding shares of Verticalnet Series B Preferred for $3,205,000.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
400 Chester Field Pkwy
Malvern, PA 19355
USA
Malvern, PA 19355
USA
Phone
Website
Email Address
Overview
Verticalnet (NASDAQ: VERT) is a leading provider of supply management solutions. Going beyond traditional spend management and sourcing approaches, Verticalnet's solutions provide the visibility, insight and control required to identify, realize and sustain value from supply management initiatives.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nathanael Lentz
Chief Financial Officer
Jonathan Cohen
President
Paddy Lawton
VP - General Counsel
Christopher Kuhn
VP - Manufacturing
Brian Cupp
VP - Operations
Jim Wetekamp
VP - Sales
John McNeill
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We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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