Testimonials
| We had an unexpected multi-million dollar surprise, and SRS quickly jumped in to professionally manage all post-closing matters. They worked through a long and difficult process that lasted for months and were eventually able to get us what we believe is the optimal outcome possible. |
||
| Brent Cohen Former CEO, DoveBid (acquired by GoIndustry) | ||
| The investor group selected SRS as shareholder representative because they have a strong reputation in the marketplace for effectively handling all the post-closing details on behalf of selling shareholders. Hiring SRS offloads the burden of being shareholder rep from the investors, yet we are still kept informed when disputes or other issues arise. |
||
| Tim Connor Sequel Venture Partners | ||
| Hiring SRS takes the burden off our shoulders as well as the inherent risk associated with being the shareholder rep, yet we are still kept fully in the loop when disputes or other issues arise. |
||
| Charles R. Schwab, Jr. Chess Ventures | ||
| SRS takes a process that has often been problematic and makes it simple. In particular, SRS’s unique Escrow CentralTM 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. |
||
| Scott Ring General Counsel, Bessemer Venture Partners | ||
| 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. |
||
| David Stepp General Counsel, Venrock | ||
| 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. |
||
| Scott Darling Vice President and General Counsel, Danger, Inc. (acquired by Microsoft) | ||
| 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. |
||
| John Kingery Former Chairman, Fast Track Systems, Inc. (acquired by Medidata) | ||
| 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. |
||
| Bill Burnham Managing General Partner, Inductive Capital | ||
| 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. |
||
| Ilan Lovinsky Partner, Gunderson Dettmer, Stough Villeneuve Franklin & Hachigian, LLP | ||
| 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. |
||
| Cynthia Garabedian McAdam Former VP and General Counsel, Postini, Inc. (acquired by Google) | ||