NewsPage Pte Ltd

Client Profile: NewsPage Pte Ltd (“NewsPage” or the “Company”) provides mobile enabled Route-to-Market automation products to the consumer packaged goods (CPG) industry enabling secondary sales visibility and better control of the demand chain

 

Transaction Snapshot: 

  • Avista was engaged to serve as exclusive sellside advisor to NewsPage
  • On November 6, 2012, Accenture acquired NewsPage
 

Avista Advisory’s Role: First reorganization –  December 2015

  • Avista conducted a competitive global process, approaching a select universe of strategic buyers.
  • Following this, Avista successfully positioned NewsPage as a leading mobile-enabled solution provider to the fast growing CPG industry in emerging markets with impressive growth prospects
  • Avista was able to attract competitive bids from leading IT services and software companies leading to a premium valuation for the shareholders.