Telegraph Hill Advisors Serves as M&A Advisor to Avvasi on its Sale to NetScout
San Francisco, December 20, 2016 – Telegraph Hill Advisors acted as the exclusive financial advisor to Avvasi Incorporated on its sale to NetScout Systems, Inc. (NASDAQ: NTCT). Avvasi provides an NFV/SDN based solution that enables service providers to measure, improve and monetize video delivery, while increasing video visual quality. Avvasi’s video analytics and traffic management solutions distinguish video – including encrypted video – from other data traffic and evaluate each individual video session on the network in real-time. Avvasi’s highly differentiated and unique carrier-grade solution has been validated and adopted by several tier one communications service providers and OEMs. The acquisition of Avvasi builds on NetScout’s ongoing investment in enhancing its service assurance capabilities for video traffic over 4G/LTE mobile networks.
The team at Telegraph Hill demonstrated detailed knowledge of the sector, deep industry relationships and the ability to get Avvasi in front of the right potential strategic partners. The senior team was deeply involved throughout the process and truly acted as our partners, not just advisors. I would absolutely hire the Telegraph Hill team again.- Mate Prgin, Chief Executive Officer, Avvasi Incorporated
Video traffic continues to grow and service providers are recognizing that delivering high-quality video streams is becoming increasingly critical to enhancing the customer experience. Furthermore, service providers are embracing NFV/SDN based technologies to advance a software-based approach to networking for more scalable, agile, and innovative networks that can better align and support their overall business objectives” said Phillip Courten of Telegraph Hill Advisors. “The TeleHill team has been fortunate to work closely with several groundbreaking NFV/SDN and video related companies, successfully finding them the right strategic partners to help accelerate their growth and provide strong exits for their investors. We very much look forward to working with other compelling companies in these rapidly growing markets.
Telegraph Hill Advisors is a boutique investment bank based in San Francisco that provides merger and acquisition, capital raising, and financial advisory services to emerging growth technology companies in the Mobile & Communications, Digital Media and Software sectors.