TOBIN acted as the strategic merger and acquisition advisor to Airimba, the venture-backed systems integrator and service provider based in Atlanta. Our client provides wireless mesh infrastructure solutions to municipalities and comprehensive converged communications services to multi-unit developments. Harbert Management Corporation was the majority investor in the selling entity.
Tobin & Company contacted more than ninety potential buyers. The candidate list was generated from our idea-generation development effort, which produced over 200 potential partners.
Our Firm brought three letters of interest to the client – two from strategic partners and one from a financial buyer.
We assisted our client in the negotiations among the prospective buyers and successfully closed the transaction.
WindChannel merged its operations with AireWire, Inc., and Atlanta-based engineering, procurement and construction firm.
