“Ascend told me what I’d get as a valuation and that is why I decided to sell. They did exactly what they said and closed more quickly than I even imagined.”
~Michael Legg
EcoInteractive , a Governmental transportation technology (SaaS) company based in Davis, Ca., was sold to a large private equity group for approximately 10 times EBITDA. We structured a deal with this buyer to maximize value for our client along with allowing ownership to leave within one-year post-transaction. Ascend managed the due diligence (financial, operations, and technology), attended regular meetings in addition to having almost daily client/buyer phone calls, which together allowed this transaction to close in approximately 75 days from LOI.
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