Closed transaction

Project Udon

Coda Devices
Deal stage
Closed transaction
Service
Sell
Sector
Technology, Media and Telecoms
Sub-sector
Other High Tech
Contact
sthompson@diamondcapadvisors.com

Description

This company developed spectroscopy devices that are highly sensitive due to their coded aperture.  The technology was licensed from Duke University and the company’s assets were acquired and further developed by Coda and its venture capital investors.  The company sold rugged devices designed for law enforcement and government agencies for use in detecting heroin and fentanyl in feild conditions.  The company had very little revenue.  After a full auction process we identified Thorlabs as a buyer who would highly value and further develop the technology and wanted to hire the key employees.  The deal included an earn out based on employees and technology successfully transfering.

Deal team

Members of this deal.

More from this adviser

Other deals by Diamond Capital Advisors.

View firm

Deal announcement

Sell-side advisory

Project RetroGame. We are pitching in a beauty contest to sell toy company Project Retrogame, which designs and markets a range of licensed video game products…

→

Deal announcement

Sell-side advisory

Best Energy Power. Our client is a trusted advisor and installer of solar energy systems primarily for commercial clients with hundreds of successful installations and satisfied clients.…

→

More in this sector

More deals in the Technology, Media and Telecoms sector.

View deals

Deal announcement

Advisory

houzy and myky. Hoffmann & Partner, the Basel-based M&A advisory firm, acted as the exclusive financial advisor to both houzy and myky.

→

Deal announcement

Equity advisory

Signable and BGF. Advisers to eSignature software platform, Signable, on its private equity investment from BGF.

→

View our deals

Explore transactions

Get in touch

Find an adviser.

Contact us