The Leonis Advantage

We deliver superior results.

Leonis Partners customizes each engagement to provide superior M&A and Capital Raising advice for entrepreneur-led technology businesses seeking full or partial liquidity events. Our breadth of experience and deep domain expertise allow us to give unconflicted, tailored guidance to clients who need bespoke solutions that maximize their value.

Deep Industry Domain Expertise

Leonis bankers focus on vertical-oriented markets allows them to provide detailed and topical insights on our clients’ businesses and to formulate a tailor-made strategic framework to optimize valuation.

Unconflicted Advice

As a unique investment bank that focuses on core verticals and the middle market, Leonis provides unbiased advice untethered to other interests. Our strength lies in our bankers’ unconflicted knowledge of both public and private markets across the spectrum.

Customized Solutions

Traditional M&A and Capital Raising processes no longer generate top quartile results. Leonis specially crafts timing, execution and sequencing to enhance competitiveness and drive valuation for our clients.

Highly Experienced Bankers

The Leonis team pulls experience from multi-billion-dollar transactions as well as early stage venture. We have former corporate attorneys, entrepreneurs and investors across each of our verticals directly contributing their skills and experience to our client goals.

Our Services

Leonis Partners serves as a full-service advisor to entrepreneurs and their businesses. Calling on decades of experience from some of the largest leading global financial institutions, Leonis crafts highly calibrated solutions to achieve our clients’ needs as it pertains to M&A, Capital Raising, Fairness & Valuation Opinions, and other Special Situations. Our experience and track-record in each of these core areas continues to provide our clients with superior results.

Strategic Advisory Offerings

M&A Advisory Services

Read More

Capital Raising & Private Placement Advisory

Read More

Fairness & Valuation Opinions

Read More

Special Situations & Restructuring Advisory

Read More

M&A Advisory Services

Leonis Partners excels in identifying each client’s key objectives and custom tailoring a unique process to yield world-class results. This begins with a deep understanding of our clients’ short and long term goals of price and valuation, transaction structure, ownership retention, strategic timing, employee needs, and other key factors. Only after fully appreciating the objectives do we design a process that optimizes for those targets. Our bankers achieve these objectives by using our deep domain expertise and a wide-reaching industry-specific network of key decision makers at the “right” buyers to create a highly competitive process that uses timing considerations and manipulative negotiations to maximize valuations.

Deep Domain Expertise

Leonis bankers are industry specialists focused exclusively on a core technology, IT services and healthcare markets enabling Leonis to provide detailed and topical insights on our client’s businesses and to formulate a tailor-made strategic framework to optimize valuation.

Access to Key Decision Makers

Our industry-specific experience enables continual dialogue with the broad spectrum of potential buyers and investors. We know what they want and we know their complex internal processes. We navigate the internal bureaucracy and guide our clients through the decision makers that will sponsor and drive the transaction.

Optimizing Timing

Leonis takes advantage of both internal and external events to catalyze buyer behavior. We use internal pre-planned timing events to move buyers from looking only at historical performance to looking more at future prospects. We use external events to accelerate or decelerate processes to allow the right buyers to behave most aggressively.

Highly Competitive Customized Process

Leonis maintains control of the transaction at all times to enhance our client’s negotiating leverage. We identify alternative paths on a buyer-specific level and run them in a pattern that ensures the best bidders can all be involved in the process concurrently. Our focus on non-exclusivity for as long as possible is coupled with transparency and consistent communication to allow us to create the maximum level of competitive pressure amongst buyers. We drive the process throughout the transaction and provide our client with clear advice at every point of the transaction.

Capital Raising & Private Placement Advisory

Leonis Partners advises companies through private placement and capital raising processes. We help our clients raise capital for organic growth initiatives, shareholder liquidity, working capital, bridge financing, and corporate carveouts and divestitures.

Our team has deep experience raising capitals at all points of the capital structure across all stages of businesses. Our bankers have long-term relationships with a wide number of institutional investors, from early-stage West Coast investors, late stage-VC’s / Growth Equity Investors, and Buy-out Funds, that invest in senior debt, mezzanine capital, preferred equity and common equity. This broad spectrum of investor relationships allows Leonis to identify the best capital partner for the client’s stated objectives. Common capital raises that Leonis Partners advises on include:

Equity (Common and Preferred)

Hybrid (Convertibles, Warrants)

Debt (Credit Lines, Senior, Venture, Mezzanine/Bridge)

Fairness & Valuation Opinions

Leonis Partners provides highly detailed financial valuations to companies for a variety of purposes. The significant technical financial expertise and experience of our bankers enables us to handle the most complex valuation issues. We have experience working with Special Committee assignments and rendering Fairness Opinions. We are known for our independence, our discretion, and for devoting senior-level attention throughout a project lifecycle. This results in our ability to provide an extremely thorough, well- considered, and unbiased perspective on third-party strategic transactions.

Special Committee Assignments

Fariness Opinions

Valuation Opinions

Rights-of-First-Refusal and Buy/Sell Agreements

Special Situations & Restructuring Advisory

Leonis Partners provides strategic advice and financial restructuring services to companies, investors and other stakeholders, both out-of-court and in-court. We specialize in providing critical, independent advice on complex issues and transformational situations. We are distinguished by our track record of developing and implementing innovative and expeditious solutions, often driven by fresh capital, that forge consensus among diverse stakeholders and maximize value.

§363 Sales and Divestiture of Non-Core Assets

Exchange / Tender Offers and Consent Solicitations

Equity and Debt Recapitalizations

Pre-Packaged / Out-of-Court Restructuring

Arbitration Opinions

Transactions

Growth Capital Raise

Has Raised Equity Capital

FaceRig

Transaction Size: Undisclosed

Date: January 2018

Company Location:

San Francisco

Sector: Software

Type: Capital Raise

Has Been Acquired By

Wintac has been acquired by Davisware

Wintac

Davisware

Transaction Size: Undisclosed

Date: October 2017

Company Location:

Boston

Sector: Software

Type: M&A

Has Been Recapitalized

Cerenade Has Been Recapitalized By a Private Investment Group

Cerenade

Private Investor Group

Transaction Size: Undisclosed

Date: August 2017

Company Location:

Los Angeles

Sector: Software

Type: Majority Recapitalization

Has Been Acquired by

Blueprint RF Has Been Acquired by Cox

Blueprint RF

Cox

Transaction Size: Undisclosed

Date: July 2017

Company Location:

Atlanta

Sector: Software and IT Services

Type: M&A

A Portfolio Company of

Accela Has Raised Growth Capital

Accela

Abry and Bregal Sagemount

Transaction Size: Undisclosed

Date: March 2017

Company Location:

San Ramon

Sector: Software

Type: Capital Raise

Equity Capital Raise

TradePeers Has Received An Equity Investment from Coles Bay Group

TradePeers

Coles Bay Group

Transaction Size: Undisclosed

Date: February 2017

Company Location:

New York

Sector: Tech-Enabled Services

Type: Capital Raise

Has Acquired

TransACT Communucations Have Acquired Cayen Sytstems

Transact

Cayen Systems

Transaction Size: Undisclosed

Date: January 2017

Company Location:

Milwaukee

Sector: Software

Type: M&A

Equity Capital Raise

TD Bank Has Mad an Equity Investment in Moven

Moven

TD Bank

Transaction Size: $20,000,000

Date: December 2016

Company Location:

New York

Sector: Fintech

Type: Capital Raise

Minority Investment in Equity Capital Raise

Numerai Has Received a Minority Equity Investment

Numerai

Transaction Size: Undisclosed

Date: November 2016

Company Location:

San Francisco

Sector: AI & FinTech

Type: Capital Raise

Has Been Acquired By

Prism Has Been Acquired by PayNearMe

Prism

PayNearMe

Transaction Size: Undisclosed

Date: May 2016

Company Location:

Seattle

Sector: FinTech

Type: M&A

Has Acquired

PTC Has Acquired Kepware

PTC

Kepware

Transaction Size: Undisclosed

Date: January 2016

Company Location:

Boston

Sector: Software

Type: M&A

Has Been Acquired By

McKinnis Consulting Services Has Been Acquired By Navigant

McKinnis Consulting Services

Navigant

Transaction Size: $62,000,000

Date: December 2015

Company Location:

Chicago

Sector: Healthcare IT Services

Type: M&A

Has Been Acquired By

Sagacious Have Been Acquired by Accenture

Sagacious

Accenture

Transaction Size: Undisclosed

Date: October 2015

Company Location:

Kansas City

Sector: Healthcare IT Services

Type: M&A

Has Acquired

Angle Point Capital Has Acquired TransACT Communications

Angle Point Capital

TransACT Communications

Transaction Size: Undisclosed

Date: October 2015

Company Location:

Seattle

Sector: EdTech

Type: M&A

Has Been Acquired By

Stowe Group Healthcare Has Been Acquired By Manpower

Stowe Group Healthcare

Manpower

Transaction Size: Undisclosed

Date: September 2015

Company Location:

Boston

Sector: Healthcare IT Services

Type: M&A

Has Been Recapitalized By

Taos Has Been Recapitalized By Bunker Hill Capital

Taos

Bunker Hill Capital

Transaction Size: Undisclosed

Date: August 2015

Company Location:

San Jose

Sector: IT Services

Type: M&A

Has Been Acquired By

Agora Group Has Been Acquired By Virtusa

Agora Group

Virtusa

Transaction Size: Undisclosed

Date: July 2015

Company Location:

Atlanta

Sector: IT Services & BPO

Type: M&A

Has Acquired

Best Doctors Has Acquired Rise Health

Best Doctors

Rise Health

Transaction Size: Undisclosed

Date: August 2014

Company Location:

Chicago

Sector: Healthcare - Population Health

Type: M&A

5.25% Senior Notes Co-Manager

BE Aerospace Has Received 5.25% Senior Notes Co-Manager

BE Aerospace

Transaction Size: $800,000,000

Date: July 2012

Company Location:

Ft. Lauderdale

Sector: Aerospace

Type: Capital Raise

Revolving Credit and Term Loan Facility

PAE Has Receieved A Revolving Credit and Term Loan Facility

PAE

Transaction Size: $255,000,000

Date: May 2012

Company Location:

Ft Lauderdale

Sector: Aerospace

Type: Capital Raise

Out-Of-Court Restructuring/Chapter 11 Bankruptcy

Rescap Have Negotiated An Out-Of-Court Restructuring/Chapter 11 Bankruptcy

Rescap

Transaction Size: $15,200,000,000

Date: June 2009 - May 2012

Company Location:

Minneapolis

Sector: Financial Services

Type: Restructuring

First-Lien and Second-Lien Loan

CAMP Systems International Has Received A First-Lien and Second-Lien Loan

CAMP

Transaction Size: $345,000,000

Date: April 2012

Company Location:

New York

Sector: Software

Type: Capital Raise

Asset Backed Credit Facility and Term Loan

Freedom Group Has Received An Asset Backed Credit Facility and Term Loan

Freedom Group

Transaction Size: $455,000,000

Date: March 2012

Company Location:

North Carolina

Sector: Defense

Type: Capital Raise

Term Loan B

ILFC Has Received A Term Loan B

International Lease Finance Corporation

Transaction Size: $900,000,000

Date: February 2012

Company Location:

Los Angeles

Sector: Aerospace

Type: Capital Raise

Senior Credit Facility

Spirit Aerosystems Has Received A Senior Credit Facility

Spirit Aerosystems

Transaction Size: $1,200,000,000

Date: February 2012

Company Location:

Wichita

Sector: Aerospace

Type: Capital Raise

Sr. Notes

B/E Aerospace Has Raised Sr. Notes

BE Aerospace

Transaction Size: $500,000,000

Date: February 2012

Company Location:

Ft Lauderdale

Sector: Aerospace

Type: Capital Raise

Has Aqcuired

KKR Has Acquired Capital Safety

KKR

Capital Saftety

Transaction Size: $1,100,000,000

Date: January 2012

Company Location:

Minneapolis

Sector: Aerospace

Type: M&A

Term Loan

Transdigm Has Received A Term Loan

Transdigm

Transaction Size: $500,000,000

Date: January 2012

Company Location:

Cleveland

Sector: Aerospace

Type: Capital Raise

Chapter 11 Bankruptcy/Mortgage Servicer Sale To

Capmark Has Provided Chapter 11 Bankruptcy/Mortgage Servicer Sale To Berkadia

Capmark

Berkadia

Transaction Size: $20,100,000,000

Date: June 2009 - October 2011

Company Location:

Minneapolis

Sector: Financial Services

Type: Restructuring

Arbitration/Valuation Opinion

Arbitration/Valuation Opinion to DeMoulas Estate

DeMoulas

Transaction Size: Undisclosed

Date: November 2012

Company Location:

Boston

Sector: Retail

Type: Valuation and Arbitration Opinion

Has Acquired

Teva Has Acquired Barr

Teva

Barr

Transaction Size: $7,500,000,000

Date: July 2008

Company Location:

Tel Aviv

Sector: Healthcare

Type: M&A

Has Been Acquired By

Serenex Has Been Acquired By Pfizer

Serenex

Pfizer

Transaction Size: Undisclosed

Date: March 2008

Company Location:

Durham

Sector: Healthcare

Type: M&A

Has Been Acquired By

Morphotek Has Been Acquired By Eisai

Morphotek

Eisai

Transaction Size: Undisclosed

Date: April 2007

Company Location:

Philadelphia

Sector: Healthcare

Type: M&A

Has Been Acquired By

CITGO's Stake In Explorer Pipeline Has Been Acquired By American Capital & IFM

CITGO

American Capital & IFM

Transaction Size: Undisclosed

Date: December 2006

Company Location:

Houston

Sector: Oil & Gas

Type: M&A

Have Acquired

BainCapital, KKR & Merrill Lynch Have Acquired HCA

BainCapital, KKR & Merrill Lynch

HCA

Transaction Size: $33,000,000,000

Date: July 2006

Company Location:

Nashville

Sector: Healthcare

Type: M&A

Have Merged

Alcatel And Lucent Technologies Have Merged

Alcatel

Lucent Technologies

Transaction Size: $33,500,000,000

Date: March 2006

Company Location:

Paris

Sector: Telecom

Type: M&A

Has Been Acquired By

Tommy Hilfiger Has Been Acquired By Apax Partners

Tommy Hilfiger

Apax Partners

Transaction Size: $1,600,000,000

Date: December 2005

Company Location:

New York

Sector: Retail

Type: M&A

Has Been Acquired By

Brown & Co Has Been Acquired By Etrade

Brown & Co

Extrade

Transaction Size: $1,600,000,000

Date: September 2005

Company Location:

Boston

Sector: FinTech

Type: M&A

Asset-for-Equity Swap Fairness Opinion

Alcatel & Thales Asset-for-Equity Swap with Lucent Technologies Fairness Opinion

Alcatel

Lucent Technologies

Transaction Size: €1,800,000,000

Date: July 2005

Company Location:

Paris

Sector: Telecom

Type: Fairness Opinion

Has Acquired

United Defense Has Acquired BAE Systems

United Defense

BAE Systems

Transaction Size: $1,100,000,000

Date: June 2005

Company Location:

Farnborough, UK

Sector: Defense

Type: M&A

View All Transactions

Recent News & Research

2017 in SaaS Technology M&A

Read More.


Wintac Announces Sale to Davisware

Read More.


Cerenade Recapitalized by Private Investor Group

Read More.


Cox Communications Acquires Blueprint RF

Read More.


TransACT Communications acquires Cayen Systems

Read More.


Moven Announces Strategic Investment from TD Bank

Read More.



View More Recent News & Research

SaaS Report Q4 2017

IT Services Report Q4 2017

Contact Us

New York (Main)

230 Park Avenue
New York, NY 10169
Phone: (212) 804-8815

Atlanta

Phone: (404) 347-3993

Washington D.C.

Phone: (202) 869-2241


General Inquiries: info@leonispartners.com
Career Inquiries: careers@leonispartners.com