It is also good to now that NEEDHAM has decent knowledge within the sector that PTK operates in. As per the services they provided involving the acquisition of ELENION by NOKIA.
https://www.needhamco.com/transactions/elenion-technologies/
https://elenion.com/
https://www.nokia.com/about-us/news/releases/2020/03/25/nokia-completes-acquisition-of-elenion-technologies/
Here is an individual at NEEDHAM who was involved in transaction (bold in description below is mine).
Jianfei Zhu
Vice President Investment Banking at Needham & Company
https://www.linkedin.com/in/stevenjianfeizhu/
About
Over the course of a 7-year career, I have worked on 60+ M&A / equity offering / private placement transactions and completed 30+ transactions worth c. $13.5 bn in industries such as SaaS, Hardware, TMT and Healthcare with a strong track record of sourcing and executing transactions. I have been fortunate to have helped companies identify more bidders and connected companies with potential APAC buyers / investors through personal connections. I was recognized as a top performing Associate, and worked closely with C-Suite officers to execute transactions.
As an Investment Banking Associate at Needham & Company, I have led a deal team under the lead Managing Director, and have worked on 50+ live M&A / equity offering deals worth c. $13.3 bn across the SaaS, Hardware and TMT space. My most notable deals include Elenion Technologies’ strategic sale to Nokia, LumaSense Technologies’ $85 million sale to Advanced Energy Industries, $703.8 million CrowdStrike IPO and $248.5 million Bill.com IPO. My responsibilities include, but not limited to, conducting due diligence, building valuation analyses such as DCF and merger models, and facilitating deals through cross-border negotiation, communication, and execution.
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