Testimonials
Meridex Software Corporation
Testimonial from Darren Nicholls, President and CEO of Meridex
"Basil Peters never gives up.
Basil just completed the sale of one of our business units to a company in Silicon Valley. It looked like an easy sale at the beginning, but there were several unexpected challenges that threatened to kill the transaction along the way. Basil’s brilliant strategies and negotiating skills managed to break through each obstacle.
I believe that any other M&A advisor would have given up and moved onto more lucrative opportunities. In fact with out Basil’s perseverance I might have given up myself. Basil stuck with it until the buyer was happy and we had the money in the bank."
Parasun Technologies
Testimonial from Steven MacDonald, Co-Founder and CEO of Parasun
"The addition of David Raffa and Basil Peters to our Board was a crucial step in our development. The relationship between the Board and management was highly productive with David and Basil working close with us on strategic issues while allowing us to focus on operations.
David and Basil brought considerable experience and insight into strategic matters and served important roles as mentors to our young management team.
During the sale of the company, they built a funnel of potential acquirers and verified the legitimacy of every potential acquirer before involving management in the sale process.
This allowed us to be a part of the sale process while leaving us the time necessary to continue to grow revenues and EBITDA.
David and Basil delivered an outstanding result for the shareholders of Parasun and we are thrilled to have had them involved."
Steven MacDonald, CEO
Testimonial From Barry Carlson, Co-Founder and First Chairman of Parasun
"When the shareholders made the decision to prepare Parasun for sale, we met with Basil and agreed that he would invest in the company, assume the role of Chairman, and with David Raffa, undertake to make a transaction happen.
For almost 3 years, Basil managed the Board processes to position the company for sale, and worked with the management team to develop a viable strategic plan and implement it in detail. He drove the Board and management politely but relentlessly to maximize the value and attractiveness of the company.
I suppose that the sale might have happened without him, but not as soon as it did and certainly not at the valuation the shareholders realized. The shareholders, and remarkably the management team as well, were delighted with the outcome."
Barry Carlson
Sunaptic Solutions
Testimonial From Mike Hilton, President of Sunaptic
Mike was kind enough to send me this testimonial a few months after the big check cleared his bank.
"Basil has shown himself to be an incredible matchmaker and judge of what makes a good acquisition.
Within less than a week of discussing with him the concept of selling our business, he had found a potential buyer. More importantly, he found a buyer that was a great cultural fit for the company and for senior management.
He then worked tirelessly to ensure that the entire process went smoothly for both parties, brokering discussions, suggesting solutions to impasses, and generally supporting the process.
Having been through the merger/acquisition process three times before, this was the most painless. That ease of transition can be predominately attributed to Basil's ability to find and judge a good match and support it to the end."
Mike Hilton, President
PCS Wireless
Testimonial from Ralph Scobie, CEO of PCS Wireless
"Now that the sale has completed and I’m back from holidays, I wanted to write to thank you again for your outstanding and unique contribution to PCS Wireless. I came to you in early 1997 asking you to develop an entirely new business strategy for our company and to help with some acquisitions, or possibly, a sale.
Your strategy of repositioning the company as a player in the broadband market was perfectly timed and brilliant. I clearly recall your assurances and conviction that this area would be white hot in a year or so. It happened just as you predicted. I remain extremely impressed and thankful for your vision and acumen in completing this terrific acquisition.
Your introduction and strong recommendation to Unique Systems as a potential strategic investment or acquisition repositioned PCS to where it had a significant opportunity for growth over the near and long terms.
Your strategy worked so well that the companies merged and on the back of the Broadband Network sale, our stock went up over 400%. Needless to say, my major shareholders and I are eternally grateful.
When we started to work together, someone asked me whether I thought the deal you struck with PCS was expensive. I said that it wasn’t if you delivered. You delivered more than I hoped and today it looks like an incredible bargain even at twice the price.
Working with you in 1997 was both fun and lucrative for me. I hope we can find an opportunity to work together in the future."
Ralph G. Scobie, CEO
