Entrea Capital advised the owners of MM Solutions in a 100% sale to ThunderSoft (China)

Entrea Capital advised the owners of MM Solutions in a 100% sale to ThunderSoft (China)

Entrea Capital advised the owners of MM Solutions in a 100% sale to ThunderSoft (China)

Client: MM Solutions AD
Status: Private
Sector: IT
Web: www.mm-sol.com
Buyer: Thunder Software Technology Co., Ltd
Status: Listed (SZ: 300496)
Sector: IT
Web: www.thundersoft.com

Client: MM Solutions AD

  • Global leader in mobile imaging, video and audio technology, dedicated to providing one-stop solutions for high-end graphics and imaging products
  • Deep strategic cooperation with Qualcomm and Texas Instruments
  • Over 500 million smartphone camera imaging units in the world are equipped with image processing algorithm and camera tuning technologies provided by MMS
  • Five smartphones with solutions developed by MMS have won the renowned TIPA Best Mobile Imaging Device awards


Investor: Thunder Software Technology Co., Ltd

  • World leading provider of intelligent platform technology and solutions
  • Global engineering team with deep understanding and expertise of hardware and software, with a focus on automotive, mobile, and IoT
  • Developed strong partnerships with the leading technology companies including semiconductor, components, terminals, software and Internet vendors, and mobile carriers
  • Has 20 R&D centers and offices in China, the U.S, Japan, Korea, Finland, India and Malaysia


Situation Overview & Solution

  • The owners of MM Solutions were considering sale of the company in order to capitalize their efforts since the company’s foundation back in 2001
  • Identification of a strategic investor with a long-term view on the development of MM Solutions was a key requirement in the search for a potential buyer
  • Being the main competitor of MM Solutions in the mobile imaging space globally, ThunderSoft possessed in-depth knowledge of the sector and excellent understanding of the technological capabilities of MM Solutions
  • The transaction with ThunderSoft marks the next step in the natural evolution of MM Solutions, enabling the company to tap the vast Asian markets for mobile imaging technology   


Entrea Capital’s Role and Value Added

Entrea Capital advised the selling shareholders throughout the entire transaction process, including:

  • Negotiation and execution of the non-binding term sheet
  • Business plan preparation
  • Facilitation of the buyer’s due diligence review
  • Negotiation and execution of the binding transaction documentation
  • Assistance with various closing and post-closing transaction matters


Selected Commentary Post Close

"This transaction was made possible with the committed support of our financial consultants at Entrea Capital whose experience and professionalism helped us navigate successfully through the entire deal process."

Nikolai Daskalov, MM Solutions Founder CEO, March 2018