ALISO VIEJO, Calif., July 9, 2018 – OCTANe, Orange County’s life sciences and technology accelerator, announced today a strategic alliance with Tellson, an investment banking company, that will enhance the capital and growth results for transformative businesses in Southern California.
Tellson will offer its investment banking services, including Capital Markets, Mergers & Acquisitions and Pre- Transaction advisory services, to OCTANe’s Growth Services platform. The outcome will ultimately improve and accelerate the strategic and financing needs of OCTANe’s portfolio of LaunchPad Alumni companies as well as specific small and midsize businesses (SMB) operating in Southern California.
“Tellson is a premier partner and significant relationship for OCTANe moving forward,” said Bill Carpou, CEO at OCTANe. “For years we have provided access to capital for companies but today we have an entire new set of services through an investment bank. It is a partnership that we believe can help our portfolio companies from Series A funding all the way up to a liquidity event.”
Through the alliance, Tellson will advise companies from among OCTANe’s current and future network, which has enabled over 500 companies to connect through its Launchpad SBDC accelerator. The alliance will also provide OCTANe’s members unprecedented access to capital markets through Tellson’s investor and strategic partner relationships. Additionally, companies currently working with Tellson will be provided access to OCTANe’s Growth Services platform – providing operational expertise, shared administrative resources and managed talent all resulting in greater job growth and acceleration of portfolio company revenues.
“We are excited about being chosen as the investment bank for OCTANe,” said Ron E. Ainsworth, chairman of Tellson. “Tellson is looking forward to helping OCTANe expand its mission of connecting people and capital from around the globe to our Southern California business community.”
Together, OCTANe and Tellson will enhance the liquidity and capital raising efforts of OCTANe’s members and facilitate the growth of transformative technology in Southern California. The reach of these combined efforts among global institutional and corporate venture capital along with family offices will result in a larger flow of capital into the region.
Last year, OCTANe reported that 24 percent of the $228 million in capital raised for new LaunchPad and existing LaunchPad alumni was initiated in key money centers such as New York City, Boston and Toronto along with several international cities.
To learn more about OCTANe and Tellson’s alliance, please visit www.octaneoc.org.
Since 1981, the founding partners of Tellson have been engaged by businesses, family offices, and financial institutions to fulfill their Capital, Mergers & Acquisitions, and Financial Restructuring requirements. Our team represents over 500 deals completed with more than $15 billion in completed transaction value. We leverage our extensive experience to help our clients successfully achieve their strategic and financial
goals. Our clients benefit from our extensive global reach with distinguishing institutional ties. Our long- standing presence affords Tellson unparalleled insight, expertise, and access to the global marketplace. Our
Principals have successfully owned, operated, invested and advised for over 30 years. Our unique history and expertise enable us to provide innovative and customized solutions to our client’s most complex issues.
OCTANe is building the SoCal of Tomorrow by connecting people, resources and capital to fuel technology growth in Southern California. Its members represent technology executive leaders, entrepreneurs, investors, venture capitalists, academicians, and strategic advisors, all working together to fuel innovation in the region. The organization has helped more than 800 companies via the LaunchPadTM SBDC accelerator. LaunchPadTM companies have received more than $2.1 billion in investment and equity exits. These investments have supported the creation of more than 8,200 new jobs. OCTANe annually welcomes more than 7,000 people to its signature events and programs. More than 2,000 business leaders throughout the region are OCTANe members. For more information, visit www.octaneoc.org.
Cara Parchment [email protected] (949) 412-7671