Leonis Principal, Inc. (d/b/a “Leonis Partners”) and The Jordan Edmiston Group, Inc. (d/b/a “JEGI CLARITY,” and together with Leonis Partners, the “Parties”) have entered into a proposed combination agreement (the “Transaction”). The Transaction is subject to approval by the Financial Industry Regulatory Authority (“FINRA”) and in the UK by the Financial Conduct Authority (“FCA”). The Parties will continue to be two distinct entities and businesses until the Parties obtain FINRA's and the FCA's approval of, and close, the Transaction. Click here for more information.
Accela Communications has been sold to KIT Digital
Transaction
JEGI CLARITY Represents Accela Communications In Sale To KIT Digital
Date:September 2010
Deal Type:Founder Sale
Role:Sell-side M&A
Sectors:
Digital Media and Content
Marketing Services and Technology
Accela Communications (www.accelacommunications.com), a leading marketing technology company providing interactive video communications, has been sold to KIT Digital (NASDAQ: KITD) (www.kit-digital.com), a leading global provider of video asset management solutions for multi-screen IP-based delivery and broadcast systems integration services. Terms of the transaction were not announced.
JEGI CLARITY represented Accela Communications in this transaction and acted as its exclusive financial advisor.
