Topnotch Technologies received an acquisition offer from Bluesky Intemational for $200 million. The buyer is offering a multiple of 19.2x 2010 EBITDA, which is much higher than current valuation levels in the sector. Topnotch is looking to hire a financial advisor and has asked us to select three investment banks for a bake-off.
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Topnotch Technologies received an acquisition offer from Bluesky Intemational for $200 million. The buyer is offering a multiple of 19.2x 2010 EBITDA, which is much higher than current valuation levels in the sector. Topnotch is looking to hire a financial advisor and has asked us to select three investment banks for a bake-off.