Navidar 2010 Year in Review: Four Key Transactions Demonstrate Local Presence, Global Reach™
Navidar | February 7, 2011
INDIANAPOLIS, IN — Navidar, an investment banking firm run by veteran Wall Street bankers, offers a look into 2010 – a year that brought the company four high-profile, successful transactions. Two transactions involved investment banking deals and two were merchant banking investments.
Continuing the firm’s focus on technology, business services and health care information technology companies, Navidar was engaged by companies located in the United States, United Kingdom and Asia to raise growth capital and to advise on buy-side and sell-side M&A transactions.
The following transactions have been executed and closed by Navidar’s senior bankers:
Navidar Group LLC – Investment Banking
Truist, Inc. (Washington, DC) connects individuals, companies and nonprofits – to each other, and to information, resources and results – through innovative technology solutions. Truist solutions are employed by over 1,000 customers, cumulatively representing 3,000 programs, 700,000 donors, 1 million volunteers and $2.5 billion in charitable contributions.
TopGolf (United Kingdom) is an exciting and unique sports entertainment concept that combines an innovative gaming technology with a full-size driving range and clubhouse. TopGolf offers a fun, leisure-based entertainment activity where friends, families and groups can spend time, play and dine. The Company has six sites located in the United Kingdom and United States.
Navidar Group LLC – Merchant Banking
BlueLock, LLC (Indianapolis, IN) is a leading Infrastructure-as-a-Service (IaaS) provider of cloud hosting solutions. The BlueLock CloudSuite is a revolutionary way to address cloud computing needs by offering a set of tailored VMware-based solutions where companies are able to pick and choose the right cloud environment for the right application.
Formspring.me, Inc. (San Francisco, CA) is a social networking site organized around questions and answers that allow users to have fun, share insights, and relate to one another in a new way. The site enables people to communicate and learn more about each other and topics of mutual interest through the responses that are published on the user’s profile page.
Navidar appreciates the trust its clients and their investors have placed in our seasoned team of experienced investment banking professionals, as well as our network of industry friends who continue to refer business to our firm, said Indianapolis based, Christopher Day, Managing Principal of Navidar. With an improving M&A market and strengthening private and public capital markets, Navidar looks forward to continued strong momentum in the months ahead.
About Navidar Group LLC
Navidar Group, with offices in Indianapolis and New York, is an investment banking firm that provides businesses and investors in dynamic industries with strategic merger and acquisition advice, capital raising solutions and corporate advisory services. The firm focuses on technology, business services and health care information technology companies. Navidar principals have completed more than 165 transactions representing transaction volume of $26 billion in M&A and $22 billion in capital raising, for both private and public companies, over the past 20 years. Navidar Group LLC is a registered broker-dealer and member of FINRA and SIPC. To learn more about Navidar Group, please visit www.navidar.com.