Navidar Group Serves as Exclusive Investment Banking Advisor to Sentient Health Pte. Ltd.
Navidar | October 17, 2011
INDIANAPOLIS, IN — Sentient Health Pte. Ltd., which provides hospitals with software and services for optimizing inventory management of consumable medical supplies, has been acquired by AeroScout, the leading provider of Unified Asset Visibility solutions for the healthcare industry. Sentient Health’s solutions complement and build on AeroScout’s extensive portfolio of healthcare solutions that hospitals around the world rely on to increase operational efficiency and improve patient safety and care.
Navidar Group, an investment banking firm focused on providing mergers and acquisitions (M&A) and corporate finance advisory services to leading companies, served as the exclusive financial advisor to Sentient Health. Navidar organized and coordinated a global sale process, and advised the company through negotiations, documentation and closing of the transaction in Singapore.
“Navidar’s banking team has strong cross-border deal expertise, deep healthcare IT industry knowledge and an understanding of SaaS software models,” said Joel Haspel, founder and CEO of Sentient Health. “Navidar’s relationships with potential acquirers in Europe, Asia and the United States combined with the firm’s ability to run a global process, set them apart from other boutique investment banking firms. Senior banker attention led to a creative deal structure which resulted in a better outcome for our shareholders.”
For more information about the transaction, please refer to the AeroScout press release: www.aeroscout.com/content/pr.
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.