|
Case Study - The Hyperfactory International Limited (NZ)
Madison Alley's advisory role for The Hyperfactory is a case study
of the strategic development and realization of value provided to our clients.
Madison Alley recognized the demand for mobile marketing services
by strategic buyers. Our team scoured the market for
leading providers and came upon The Hyperfactory.
We approached CEO Derek Handley of The Hyperfactory and by October 2008, were retained to raise strategic financing.
The Hyperfactory led the industry in coveted mobile
marketing awards, yet it was not profitable and running
low on funds.
- Madison Alley arranged an asset-based facility with a technology lender to provide immediate cash.
- Madison Alley set up a Promissory Note and attracted
a prominent industry executive to provide strategic
capital. Madison Alley contributed to the Note to
demonstrate its confidence in the Company, ensure
participation and increase funds.
The financing transactions provided time, but still not enough to protect the Company from its cash position.
The Hyperfactory and Madison Alley relentlessly pursued strategic investors and buyers.
As interest developed among various parties, Meredith Corporation emerged as an ideal strategic
partner and the parties signed an exclusive term sheet.
Meredith introduced immediate client opportunities enabling The Hyperfactory to win a major account, an industry
leading multinational consumer brand.
In July 2009, Meredith formally acquired an initial 19.9% strategic interest in The Hyperfactory. Both
parties were delighted by the terms, complementary fit and opportunity.
The Hyperfactoy is now well positioned to lead the mobile market with the support of Meredith Corporation as a global strategic partner.
And Madison Alley continues to advise management and provide critical support.
We invite you to explore how Madison Alley can develop and realize the value of your business.
|