Bowstring Advises Channelinsight in its Acquisition by Model N

November 3, 2015 | Atlanta, GA

Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to Channelinsight (“Channelinsight”) in its recent acquisition by Model N, Inc. (NYSE: MODN). Based in Denver, Channelinsight is a leader in Channel Data Management solutions for High Tech, Semiconductors, and MedTech industries enabling Point of Sale (“POS”) data collection, data cleansing and enrichment, market segmentation, and POS data validation against a directory of over 27 million verified entities.

Manufacturers in industries such as High Tech and Semiconductors have leveraged global multi-tiered channels as a strategic driver to grow their revenues. A key success factor to enable global collaboration is an end-to-end Channel Management solution that enables manufacturers to connect, interact, and engage with their channel partners. The Channel Management solution needs to provide transparency across the entire value chain from the manufacturer, through multi-tier distribution and all the way to the end customer.

Model N is a leader in Channel Management solutions for the High Tech and Semiconductor industries enabling the channels with Quoting, Pricing, Ship & Debit, Credit Claims, Price Protection, Inventory Management and Rebates Management solutions. The Model N Channel Management suite is being used by over 1,000 channel partners in over 100 counties.

The combined solution provides real-time visibility into channel sales, eliminates inefficiencies and inaccuracies, and unifies the channel data information flow, to enable unparalleled channel transparency and visibility, and provides a single source of truth for channel revenue.

“We are very excited about this new phase for Channelinsight,” said Bob Smith, President & CEO of Channelinsight. “The acquisition by Model N creates the strongest company in this market, with a significantly differentiated footprint, which will deliver measurable value to our existing and new customers.  The combination of Channelinsight’s patented technologies for data cleansing and partner onboarding infrastructure along with Model N’s suite of Revenue Management Cloud applications, including their Channel Management solution, delivers a completely unique offering in the market.”

This acquisition was effective October 30, 2015.

We are very excited about this new phase for Channelinsight. The acquisition by Model N creates the strongest company in this market, with a significantly differentiated footprint, which will deliver measurable value to our existing and new customers.

Bob Smith
President and CEO
Channelinsight