Services Provided: Transaction
QuickTree provides software technology that is on the forefront of addressing key security and performance challenges of XML and web services.
About Citrix Systems:
Citrix Systems, Inc. (NASDAQ:CTXS) is the global leader and the most trusted name in application delivery infrastructure. More than 215,000 organizations worldwide rely on Citrix to deliver any application to users anywhere with the best performance, highest security and lowest cost. Citrix customers include 100 percent of the Fortune 100 companies and 99 percent of the Fortune Global 500, as well as hundreds of thousands of small businesses and prosumers. Citrix has approximately 8,000 partners in more than 100 countries. Annual revenue in 2007 was $1.4 billion.
SASI had an existing relationship with a QuickTree Board advisor who believed we could add value during a strategic inflection point. SASI quickly performed a situation assessment and guided the founders through a strategic mapping exercise. This led to the sellside mandate and driving the process to a successful outcome. Keys to success included deal structuring and managing due diligence and post acquisition integration matters.