Realia acquired by CA

Stratagem helps cement an attractive financial exit plus a lucrative career path for its founder

Realia was one of the two market leaders for distributed COBOL application development systems and long admired for the power and speed of its solutions. When we met Realia’s two founders, they were at a critical juncture in the company’s corporate development. The company had been internally funded, but to take the company to the next level, the founders knew they needed to bring in outside funds. Thus, they needed to decide whether to accept the dilution of ownership and control by raising money, or find a buyer that could provide immediate liquidity. Stratagem advised on their options and they elected to seek a buyer.

In addition to introducing Realia to several potential buyers, we assisted in the negotiation of the transaction with CA, which provided the founders immediate liquidity and additional upside based on the future success of the product line.

One of Realia’s founders, Marc Sokol, enjoyed great success as a CA employee, receiving several promotions and eventually running product strategy for distributed systems. Marc then because a leading venture capitalist at JK&B Capital.