Eventus acquired by Segue 

Stratagem introduced the parties and closed an attractive deal in only two months, saving Eventus from failure

Eventus, while an early player in the web content management arena, was still about 12 months behind prominent players such as Interwoven and Vignette in both customer traction and funding. Eventus had notable customer wins and technical advantages, but lacked the financial resources to remain competitive. When we entered the picture, cash was basically gone.

We were hired to actively manage possible interest from two interested parties, while bringing others to the table, if possible. Neither of the original parties moved beyond their previous level of interest; however, Stratagem succeeded in bringing other parties to the table. One of those other parties, Segue, showed significant interest and we negotiated a quick deal at a valuation above the asking price. We continued to manage the negotiations and closed the transaction in only two months from the start of our engagement

The CEO of Eventus was Mike Burkland, who later became CEO of Five9, driving its impressive success pre- and post-IPO. Dave Dewalt was the VP of Sales, who later became CEO of Documentum, McAfee, and FireEye.

"Stratagem’s industry knowledge and contacts got us immediate access to decision-making audiences, enabling us to close our deal at an attractive valuation in only two months."

— Mike Burkland, President, Eventus

now Executive Chairman, Five9