TigerGPS.com, Ltd. was a leading multi-site specialty online retailer of consumer electronics. Through direct relationships with the largest manufacturers in the world, the Company offered more than 3,000 products ranging in price from less than $100 to more than $10,000.
The Company’s founder and CEO wanted to maximize shareholder value, realize a liquidity event and find the right strategic partner for the future success of the business.
Carter Morse & Mathias acted as the Company’s exclusive financial advisor and ran a disciplined auction process in order to maximize shareholder value. SureSource LLC, a portfolio company of Veronis Suhler Stevenson, acquired TigerGPS in order to complement SureSource’s direct-to-consumer strategy, expand its category store initiatives, and leverage its strong consumer interaction and order fulfillment infrastructure.
Securities are offered through Carter Capital Corporation, member FINRA and SIPC.
This information should not be construed as a recommendation, offer to sell, or solicitation of an offer to buy a particular security or investment strategy. The commentary provided is for informational purposes only and should not be relied on for accounting, legal, tax or other professional advice. While the information herein is deemed reliable, CMM cannot guarantee its accuracy, completeness, or suitability for any purpose, and makes no warranties with regard to the results to be obtained from its use.
Copyright © 2014 Carter Morse Mathias and Company. All rights reserved.