Equiteq is pleased to announce that it has acted as the exclusive financial advisor to Connor Consulting Corp, market leaders in royalty and software license compliance, on the establishment of a strategic growth partnership with The Acacia Group, specialist operational investors in technology-enabled services businesses. The partnership, which will involve the injection of new capital and operational collaboration between Connor and Acacia, aims to consolidate Connor's position as a global innovator in optimizing intellectual property revenue for enterprise customers.
Connor, founded in 2009 and headquartered in San Francisco, is a leading provider of specialist audit and advisory services for global enterprises that monetize IP and software. The company partners with many of the world's largest licensors and software companies, helping ensure compliance with royalty and software license agreements while serving as a critical driver of revenue and value. With a skilled team operating across five continents, Connor has established a strong global platform and a differentiated approach. Its proprietary methodologies and unique service delivery model set it apart in the industry.
"We’ve been hugely impressed with the Connor team’s quality and vision," said Frederic Cassis, Managing Partner at Acacia. "Viresh and his colleagues have already created an exceptional business, and we are thrilled to support their next phase of growth. Our partnership with Connor builds on our track record of working alongside leadership teams to evolve strategy, grow into new markets, scale sustainably, attract new talent, and create differentiated IP, fueling long-term growth."
"This partnership opens a powerful new chapter for Connor," said Viresh Chana, Connor's founder and CEO. "Acacia's growth capital, specialist technology, and operational expertise will play a key role in helping us ensure Connor continues to scale, develop new customer-centric innovations, and create new opportunities for our people to grow professionally. Their backing, combined with Connor's deep understanding of our customers' challenges and growth drivers, will ensure we're well-positioned for market expansion long into the future."
Commenting on Equiteq's role in the transaction, Viresh Chana added, "We are grateful to Equiteq for their expert guidance and unwavering support in helping us navigate this important moment in Connor’s development. Their expertise, insight, and understanding of the market were instrumental in forging this partnership with Acacia, positioning Connor for continued innovation and growth."
David Jorgenson, Equiteq’s Chief Executive Officer, said, "It has been a pleasure working with Connor’s exceptional team. We’re delighted to have helped create this partnership with Acacia, bringing new investment and complementary expertise to the next leg of Connor’s innovative journey."
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