Background
Ocean Tomo, a part of J.S. Held, was retained by a lower middle market medical device manufacturer focused on portable sleep apnea devices and technologies. Ocean Tomo served as the company’s financial advisor to support capital raising activities surrounding the company’s IP portfolio.
Engagement
Ocean Tomo’s role as financial advisor on this transaction centered around capital raising efforts for the monetization of the company’s IP portfolio focused on sleep apnea devices and related technologies. Ocean Tomo took an active role in capital sourcing, negotiation, process management, and the identification and valuation of the company’s IP portfolio.
Results
Ocean Tomo, a part of J.S. Held, in its role as financial advisor, assisted the client in raising non-recourse capital to unlock the value of its’ novel IP portfolio through monetization activities.