• Leading provider of enterprise-class mainframe integration solutions.
• Nasdaq: BKBO.PK.
• Revenue: ~ $30M & Profitable.
• Market Cap: $80M+
• Complicated by delisting of BakBone’s stock due to audit delays, hindering ability to do larger/more acquisitions.

Objective

• Retained as exclusive advisor to support M&A growth strategy, leading negotiations and financial due diligence activities for CEO/Board.

Activities

• Supported management in development of strategy to reposition BakBone within its competitive landscape.
• Evaluated over a dozen potential strategic acquisitions, including financial and operational due diligence.
• Presented multiple LOIs to potential targets.

• Successfully closed two acquisitions of strategic technology companies critical in keeping BakBone competitive in its market.
• Stock price is up from $0.70/share when retained, and now trades on OTC $1.50, or a 200%+ share price gain.