Exclusive Financial Advisor to Blucora on Sale of Monoprice
Blucora turned to Financo to conduct a sale process for Monoprice, a disruptive, pure-play e-commerce retailer of proprietary, branded consumer electronics at an attractive value proposition. The sale of Monoprice to YFC-Boneagle, a Taiwanese manufacturer and seller of power cord sets, LAN cable, patch cords and networking accessories, provides Monoprice with supply chain integration and global market reach.
“I am grateful to the Financo team for their tenacity and invaluable advice and leadership through the divestiture process. They brought wisdom and thoughtful guidance to the transaction, running a highly competitive sale process with multiple parties actively engaged while minimizing the distraction to our team and allowing the business to perform at a high level throughtout the process. Their understanding of cultural relationships was clear, especially with our cross-border strategic acquirer.”
– Bernard Luthi, President, Monoprice Inc.