THE YALE GROUP ADVISES VIDIOM ON SALE TO ADB
The Yale Group, Inc., a leading investment bank for growth and middle-market companies, announces the sale of Broomfield-based Vidiom Systems, Inc to Advance Digital Broadcasting.
“ADB Group’s worldwide resources and presence will assist Vidiom in expanding our products and services,” said Tim Whalers, President and CEO of Vidiom. “It is a great fit as their knowledge complements ours. The combination should yield global success. In addition, The Yale Group provided us excellent advice on a timely basis. We greatly appreciated their insight, experience and depth of analysis. This enabled us to complete a complex transaction with an international public company.”
“Vidiom was experiencing astonishing growth. It needed a financial and strategic partner with global resources to continue on its path. We were pleased to assist Tim and his advisors in completing this transaction with buyer negotiations, contract reviews and analysis of the acquirer’s stock,” said Rob Gettinger, Sr. Investment Banker with The Yale Group and lead advisor on the transaction. “Closing a deal with an international public company within 75 days of LOI signature was challenging. My team had the experience it took to conduct comprehensive analysis and effective negotiation on a timely basis to get it done.”
ABOUT VIDIOM SYSTEMS
Vidiom Systems is a rapidly growing provider of software solutions and services for interactive television—providing high-level software engineering and design, porting and testing, technical documentation, training, migration and deployment to cable network operators, content providers, set-top box and consumer manufacturers.
ADB provides a diverse range of high quality products and services to the digital television market world-wide. Since releasing its first unit in 1997, the company has deployed over 6 million set-top boxes across high volume markets incorporating a wide range of middleware, conditional access and hardware technologies. ADB has headquarters in Switzerland and dedicated facilities in Australia, Israel, Italy, Poland, Spain, Taiwan, United Kingdom and the United States.
ABOUT THE YALE GROUP
The Yale Group offers strategies and solutions that assure continued growth and smooth transactions for owners of middle market companies. We conduct private placements of debt and equity, mergers and acquisitions and strategic partnerships for clients in a wide range of industries, including manufacturing, business services, information technology, media, healthcare and biotech. Our principals have decades of investment banking and industry operating experience resulting in a unique blend of effectiveness and creativity in helping management accomplish their financial goals.
For more information about The Yale Group and what we can do for you,
contact Rob Gettinger at 303-333-0992 or firstname.lastname@example.org