Testimonials

SRS takes a process that has often been problematic and makes it simple. In particular, SRS’s unique Escrow Central^TM service provides an extremely useful way for shareholders to track and monitor their escrow balances and status. This service is an especially valuable tool to allow us to easily stay on top of escrows on multiple deals since SRS consolidates reporting across multiple transactions.

Serving as shareholder representative can be a time-consuming and thankless process. SRS takes the responsibility for making the post-closing process run smoothly, which allows Venrock to focus on what we do well — building companies that shape the future.

When it became clear that none of our investors or board members wanted to act as the shareholder representative, SRS was a great option for handling issues related to escrow and indemnification matters, and for managing communications with our shareholders. Now, everyone can remain in the loop during post-closing period.

At first I was personally considering being the shareholder rep, but I had questions about what unknown risks and responsibilities I might be assuming. Then our M&A attorney told us about SRS. With SRS, the former shareholders still drive all major decisions, but with a professionally managed process from closing to escrow release.

When we first started negotiating the deal, the lawyers sent around an e-mail to all the investors asking who wanted to be the shareholder rep, and there was deafening silence. SRS helped provide a clear path to closing and allowed us to avoid the complications that usually surround the shareholder rep issue.

As one of the nation’s leading business law firms, Gunderson Dettmer sees a lot of M&A deals. It’s not unusual to run into situations where stockholders aren’t enthusiastic about taking on the job of shareholder rep. SRS provides an attractive solution by allowing the shareholders to eliminate the burden of being the representative with the comfort that the post-closing process will be professionally and independently managed.

With the increasing complexity of issues and diversity of interest among stockholders, our board preferred to hire a professional and independent resource to represent the interests of all stockholders during the escrow period. SRS was able to effortlessly integrate into the merger negotiation process and will provide our stockholders with a heightened level of service.

Outsourcing the shareholder rep function to SRS post closing was a no-brainer. SRS has the team with the proper expertise to professionally manage all post-closing matters related to the escrow and any claims or disputes which may arise, which allows us to focus on our core business of making new investments and building value in our ongoing portfolio.

I’ve been a shareholder rep numerous times and each time I promised myself – never again. Stratify is our second transaction with SRS, and we can not be more pleased with their level of professionalism and customer support. Never again is finally here.

On prior successful sales of our portfolio companies, we always had the one bittersweet issue of having to worry about who would serve as the shareholder representative. With SRS, we know that the post-closing process for our deal is being professionally managed allowing us to focus on the companies still in our portfolio and on finding new investment opportunities.