Travis Sydow – Executive Vice President and General Counsel, Paragon BioTeck, Inc.
Travis Sydow – Executive Vice President and General Counsel, Paragon BioTeck, Inc.
Travis Sydow – Executive Vice President and General Counsel, Paragon BioTeck, Inc.
“We were introduced to Bracken Lane Partners when our company owner became interested in a liquidity event. After learning more about Paragon BioTeck and the situation, Bracken Lane concluded that our company would receive strong interest from both strategic buyers, and private equity firms. As part of the strategy, Bracken Lane recommended that once the CIM (marketing materials) was completed, they should “check-in” with the largest strategic player in our industry (Bausch and Lomb), to see if they would have an interest in “shutting down” our auction process. There was strong interest and we ended up selling the company to Bausch and Lomb in an all cash transaction without any earn-outs or seller supported financing.”