Once we got into it, we realized that buying-selling businesses is a team sport. Having the A-team in our corner made the difference between a good versus a great outcome.
–Shoaib Tareen Former President, Anthro

Anthro Technology Furniture

Orca’s big company experience in articulating the value proposition helps make the case to a corporate buyers’ senior management

Orca Capital advised on the sale of Tualatin, OR based Anthro Corporation to Providence RI based Nortek, Inc. Nortek (Nasdaq: NTK) is a global diversified industrial company with leading brands and technology-driven products and solutions for residential and commercial applications.

Anthro Corporation is a designer and manufacturer of technology furniture.

Single, large buyer

Anthro management selected their buyer, feeling that there was both a cultural and strategic fit. They sought representation in making the case for their value, in order to obtain the price and terms that were their objectives. It was vital to assure that both division and senior management at Nortek understood the opportunity.

Leader in a rapidly expanding market

Anthro, market leader, was positioned at the forefront of the vast global transition to mobile devices in multiple vertical market segments. The company was an established innovator with strong infrastructure and a seasoned, well trained team.

The Outcome

Orca Capital developed an Information Memorandum that articulated the case for Anthro’s value, which was founded on organizational strength, accumulated institutional knowledge, and future opportunities. Throughout the progression through negotiations, due diligence, close, and post close, Orca made the case to Nortek’s senior management.

The deal outcome exceeded the expectations of Anthro’s owners.

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