Astound received a strategic investment by Genesys Conferencing

Stratagem managed a delicate negotiation to obtain critical strategic capital while maintaining financial independence

Stratagem secured a $5M strategic investment for Astound from Genesys Conferencing, enabling Astound to escalate its sales and marketing efforts and continue to build greater value in advance of a final sale.

In addition, the strategic investment laid the groundwork for the working relationships between the parties and enabled them to negotiate the final sale agreement without undue time pressure – a particularly critical element for Astound since the company was burning cash to maintain growth in a competitive market.

We worked side-by-side with Astound’s management to negotiate the transaction and brought competitive bidders to the table that enhanced negotiating leverage.

"The Stratagem team delivered on everything they promised, and more. Their industry knowledge, high service level and unyielding dedication were essential to our success in this transaction."

— Kailash Ambwani, CEO, Astound