AgION Technologies is a leading provider of engineered antimicrobial solutions that continuously prevent the growth of bacteria, mold, and fungus on a broad range of industrial, consumer, and medical products.
The Company had previously raised $25 million from individual investors. A portion of the existing investor based desired to exit the investment.
Carter Morse & Mathias was AgION’s exclusive financial advisor, raising $10.5 million of private equity from Paladin Capital Group., to recapitalize the business and provide investor liquidity. CMM negotiated the terms of the investment along with the terms of redemption of certain existing stockholders. This was the Company's first institutional round of financing.