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
- 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.