TOBIN & Company Investment Banking Group LLC acted as the exclusive strategic merger and acquisition advisor to BroadSource, Inc. in a sell-side engagement.
TOBIN & Company brought four Letters of Intent to the client at the valuation predicted by the Firm after contacting over 100 prospective buyers, which were sourced by TOBIN and approved by the client.
The client decided not to accept any offers.
In early 2011, BroadSource, Inc. merged with Columbus, Ohio-based Integrated Mobile in a transaction valued at $14.8 million.