Collaborating with 1CT

We asked some of our clients and partners about how they see us. Watch their answers on video.

Questions:


#1 - How would you describe your collaboration with 1CT? Watch Video

#2 - Has 1CT fulfilled your expectations? Watch Video

#3 - Would you recommend 1CT to other companies? Watch Video

 




1CT and McNamee Lawrence & Co. announce strategic partnership.

Unique Strategic Partnership Provides Value-Added Services To High-Growth Companies Throughout The Company Lifecycle



BOSTON, LONDON, SAN FRANCISCO, COPENHAGEN - June 13, 2008.

Building upon recent joint success, McNamee Lawrence & Co. LLC (MLC), a leading international investment banking firm, and 1st Corporate Technologies (1CT), a leading international business development advisory firm to growth companies, announced today that they have formed a strategic partnership to provide their clients with cross-border, end-to-end, value-added business development and financial services. By leveraging each others complementary advisory strengths and extensive international experience, MLC and 1CT will enable their clients to plan, prepare and affect each step of the company life-cycle in order to maximize exit value upon a sale, merger or public offering.

Highly successful exits and stakeholder value creation very rarely happen by chance. While few entrepreneurs think beyond creating a great product, smart entrepreneurs understand the need to leverage external growth, internationalization and financial experience to maximize the value of their companies and position them for greatness.

The combined services of MLC and 1CT can lead a company from humble beginnings through high growth, internationalization and significant partnerships to a successful value creating exit.

For more than 15 years, the key people of 1CT have been providing European-based technology and media companies with invaluable business development services, including identifying, developing and negotiating the international commercial partnerships that lie at the core of a successful growth strategy. 1CT has leveraged its international experience and network of experts to enable both European- and U.S.-based organizations to develop international networks of OEMs, resellers and channel partners that subsequently lead to the most logical merger or acquisition.

MLC has spent the past 6 years developing a high-value, cross-border M&A and fundraising advisory practice that capitalizes on the notion that good technology, businesses and transactions know no boundaries. MLC has extensive experience working with a vast network of the leading investors and businesses in the technology, media and clean energy sectors.

1CT and MLC will act as complementary exclusive advisors to smart growth companies looking to grow their businesses in the short-term, proactively plan for a successful exit in the long-term and then affect a high-value merger or sale process. 1CT and MLC will leverage each others vast network of contacts at the business development and corporate development levels of some of the largest and most influential players in the technology, media and clean energy areas. Their joint expertise lies in the combination of MLC’s knowledge of what these major players have on their short and long term partnership and acquisition agendas and 1CT’s ability to develop innovative growth companies to correspond to these agendas.

“1CT has the proven ability to set a growth company on a path that attains both operating success and positions them for a high value exit,” said Giles McNamee, managing director, MLC, “Today’s announcement merely formalizes an established and successful working relationship with 1CT in which we have jointly achieved great outcomes for our clients through the M&A markets.”

“Through our partnership with MLC, we know that we can create a viable growth strategy with a client that, when it grows to scale, will have a world-class investment banking firm to help that client realize its full value upon a sale or merger,” said Søren Jonas Bruun, Founding Partner, 1CT.

In January 2008, MCL and 1CT completed the sale of Thinstall, a San Francisco based desktop application virtualization company to VMware, the global leader in virtualization solutions from the desktop to the datacenter.

About MLC
McNamee Lawrence & Co. LLC (MLC) is a leading international investment banking firm with offices in Boston, San Francisco and London. Founded in 2002, MLC focuses on providing growth-oriented technology, media and clean energy companies with merger and acquisition, private placement, and strategic advisory services, employing a unique understanding of industry dynamics and key players, deep domain expertise, international presence and seamless execution to achieve optimal outcomes. MLC conducts its investment banking business through McNamee Lawrence & Co. Securities Inc., a member of the FINRA, SEC and SIPC, and through McNamee Lawrence & Co. Ltd., a member of the FSA. http://www.mlcllc.com

About 1CT

1CT is a partnership of international executives and entrepreneurs with operational, exit, M&A and consulting experience. Since 2005, we’ve been based in the UK with offices in the Nordic Region, US and Asia. We work closely with more than 100 international Project Partners (experts and coaches) to offer tailored resources and access to strategic players. 1CT engages with promising growth companies and through funding and hands-on support drives growth and strategic positioning leading to high stakeholder returns and successful exits. 12 exits have been secured in 3 years. http://www.1corptech.com

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For further information, please contact:

Giles McNamee, MLC, or +1-617-638-2601
Søren Jonas Bruun, or +45-33-22-07-00





1CT Equity Launch Party - Copenhagen

The 1CT Equity Launch Party on Friday June 13th at our Copenhagen offices was a great success.

We had a crowd of about 200 people, entrepreneurs, experts, investors representing the 1CT eco-system. We were particularly proud of this turn-out as we learned that several other companies in our “space” held events of various nature that particular day.

We thank you all for showing up and hope that you made valuable connections and took useful food-for-thoughts away from the very interesting presentation by Anil Hansje, the European chief of M&A at Google.

Click here here for a showing of the video footage that was captured during the event … or find yourself in one or more of the pictures below.

See you all again soon !

Jonas Pilgaard
Partner

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Our References

Read more about our references by clicking on the links to the left.


 




1CT helps to sell DiviTech to Cisco

1CT acted as advisor for DiviTech when acquired by Cisco.

Anders Hansen – owner of Divitech states:
“The transaction with Cisco would not have been possible without the help and support from the 1CT team.

They have diligently steered the negotiations and process on my behalf during a very hectic time, and I regret that we did not involve them in the process much earlier. For a company like Divitech it has been vital to have the experience and dedication 1CT brought to the table, and the network of industry experts they where able to activate during the process.

1CT never stopped taking care of our interests - even when the road got bumpy - and they made it possible for me and my management team to conduct our normal business during the process. I can highly recommend 1CT to other companies on an exit track”.

Read the full press release from Cisco here.





DiviTech sold to Cisco

1CT acted as advisor for DiviTech.

“The transaction with Cisco would not have been possible without the help and support from the 1CT team.

They have diligently steered the negotiations and process on my behalf during a very hectic time, and I regret that we did not involve them in the process much earlier. For a company like Divitech it has been vital to have the experience and dedication 1CT brought to the table, and the network of industry experts they where able to activate during the process.

1CT never stopped taking care of our interests - even when the road got bumpy - and they made it possible for me and my management team to conduct our normal business during the process. I can highly recommend 1CT to other companies on an exit track”. Anders Hansen – owner of Divitech

Read the full press release here.





Launch of 1CT Equity

We're celebrating the launch of 1CT Equity on Friday 13th June - and you're invited!

Help us celebrate the launch of 1CT Equity, our first fund aimed at providing development and growth capital to 1CT portfolio companies.

View the full invitation (PDF) with all the details, including what Google's head of Corporate Development in EMEA will be talking about.


Please drop us an email to let us know if you can make it.


Best regards


Søren Jonas Bruun, Bruno Giversen, Ekmel Kasaba and Jonas Pilgaard


Where: Sankt Annæ Plads 13, 5th floor, 1250 Copenhagen K.
When: Friday 13th June 2008, 3pm - 6pm.
What: Reception with food for thoughts - canapés and drinks

 




Seminar on Maturity of Private Equity in the Nordic Region

Søren Jonas Bruun, CEO 1st Corporate Technologies, spoke at the seminar 'Maturity of Private Equity in the Nordic Region: What lies Ahead?'

The seminar was organised by Nordic Chamber of Commerce on 6 May 2008 in collaboration with the London Stock Exchange and Argentum.

Download the 1CT Presentation (PDF)

Download the Invitation (PDF)

 




Seminar on Internationalisation of IT-companies

Søren Jonas Bruun, CEO 1st Corporate Technologies, spoke at a seminar on internationalisation of IT-companies in collaboration with The Danish Export Council and Danish Patent and Trademark Office.

Download presentation:
1CT Presentation

 




VMware acquires Thinstall

"We are proud to announce that 1CT, Project Partner Henrik Rosendahl and transaction partner MLC have successfully developed and sold San Francisco based Thinstall to market leader VMware in January 2008".

Read more about 1CT's engagement here
Read the official press release here





Thinstall, Inc. sold to VMware

VMware, Inc. (NYSE: VMW), the virtualization software leader, announced on January 15th 2008 that it has acquired Thinstall, a privately-held application virtualization software company headquartered in San Francisco.

VMware is acquiring Thinstall to expand its desktop virtualization capabilities which help customers improve provision, deploy and update desktop environments. 1CT played an instrumental role in taking Thinstall’s new product to market and in acquiring more than 500 new customers and several strategic distribution partners in under a year. In the summer of 2007 Thinstall entered into a proactive M&A process with 1CT and its partner MLC LLC a San Francisco based boutique investment banking firm.


“Working with 1CT and MLC allowed you to focus on growing the business while pursuing potential M&A opportunities with minimal distraction to the business”
Jonathan Clark, President and Founder of Thinstall.





New Years Greeting 2008

Dear friends and business partners,

As we turn the page to 2008, 1CT emerges as Investment Company through 1CT Equity. Since 2005, we have worked hard to earn the right to manage other people’s money. On the way, we have successfully developed, sold or purchased 11 out of 12 clients and built a truly international business with 11 dedicated partners/employees and more than 75 Project Partners across several international locations.

Read the full greetings here (PDF file)

 




Announcing 1CT Equity

1CT - which has had 11 exits and transactions to date - proudly announces the formation of its first investment company, 1CT Equity.

1CT proudly announces the formation of its first investment company, 1CT Equity. The creation of 1CT Equity will allow us to leverage our unique platform and reproduce the strong returns we have created in our historical portfolio.

Backed by an invited group of high net worth individuals – all of whom have built businesses themselves - 1CT Equity becomes another major asset to the clients of 1CT. Investors will be have the option of co-investing with 1CT Equity and of getting involved directly in portfolio companies as experts where their background can make a difference to the company.

Going forward, 1CT will increasingly focus its business upon companies that match the investment criteria described in the investment section of our web-site.

For further information, please contact Søren Jonas Bruun at +45 3322 0700.





Advisor to SQL AG (Storage Software) - Case Story

"We recommend our friends at 1CT."

"As a leading, Swiss-based software and services company in the Storage Industry with a desire to find the right strategic buyer, it was important for us to chose a truly European advisor that would be able to understand our business, help us position ourselves and adjust the business to secure the best possible exit.

We wanted someone who understood the European marketplace, and who was able and willing to give us the attention we needed such that management would be able to continue to concentrate on running the business. Finally, we wanted to scan the entire European market for strategic buyers and therefore needed a partner with good access to the industry. 1CT delivered such a partnership.

The process, which lasted 6 months, was intensive. First, we significantly upgraded and sharpened our presentation and established a handful of buyer categories, which were explored. As a result, more than 100 players were contacted and 10 companies were short-listed. In the end, Austrian company, Infoniqa turned out to be the best match for us. 1CT found this company as part of their general research and we closed a transaction in July of 2007.

We recommend our friends at 1CT.
"

Urs Tschudin, CEO, SQL AG
Zürich, July 2007





Advisor to Handstep ApS - Case Story

Mobile applications and solutions for PDA´s Strategic advisory services

HANDSTEP CASE STORY

HandStep has become a gazelle company and leading player in the Danish mobility market with aggregate growth of +800% in revenue and profits over the last 3 years. We have gone from a start-up structure in 2002 to +30 employees in 2007 with annual revenues now in excess of 6m USD and a highly professional management team. In short, Handstep has now reached a point, where significant international expansion is on the agenda.

This has been accomplished with 1CT as a key contributor. The hands-on services delivered by 1CT have spanned day-to-day involvement in basic business- and organizational development to strategic development and attraction of a tier one group of board members and investors, etc.

"Søren Jonas Bruun, the CEO of 1CT has served as our highly involved non-executive chairman since 2002. Søren is a good friend and a highly valuable coach to me and the company."

Brian Nielsson, founder of Handstep
May 2007





Advisor to KiSS Technology A/S

Hardware and software solutions for the digital living-room Strategic advisory services Acquired by Cisco Inc., US.





Advisor to Array Technology (configuration software)

Next generation configuration software Commercial expansion and strategic advisory services


Learn more at Array Technology.






Advisor to Biomega Philosophy Ltd.

Leading urban transportation designer products brand Commercial expansion and strategic advisory services (active).

Learn more at: www.biomega.dk






Advisor to Actics Ltd.

Software for company value and stakeholder management Commercial expansion and Strategic Advisory Services (active).

Learn more at www.actics.com






Advisor to SKI A/S and Inno:vasion A/S (Case Story)

Workflow software for electronic tendering. Strategic Advisory Services and Commercial Launch of ETHICS

SKI CASE STORY

“After many years of classic paper-based tendering, and as part of ongoing e-government initiatives, our company SKI (National Procurement Ltd. with revenues above 8 billion DKK) decided to develop a suite of software that would gradually automate and digitalize the tendering process. This project started in 2001. The software was developed in partnership with an external partner for internal use.

1CT became involved in May of 2005 as the software had been deployed in internal tender processes with a reasonable degree of success. 1CT established a project plan and assigned one person full time to take Project Management responsibility and lead the processes of maturing and preparing the product for external launch.

The first half of the 1CT project (market launch) included services such as: module defining, documentation, testing, pricing, positioning and finally also designing and executing an extensive market-launch campaign directed at all the major Danish players involved in tender based purchasing.

The second half of the assignment (exit) was to place the technology with a strategic, preferably international partner. 1CT solved the assignment by identifying about 20 potential international partners, all of which were contacted and one of which purchased the technology in January of 2007 EU-Supply, Sweden (Pan-European company, headquartered in United Kingdom) as part of a larger contract that would also secure the strategic supply of next generation e-purchasing services, strategically important to SKI.

1CT set ambitious targets for the development, commercial launch and exit of ETHICS and met them all to our satisfaction. After 18 months and as a result, SKI realized the first ever public spin-off of a home-grown technology in Denmark”.

Søren Jakobsen, CEO of SKI,
April 2007





Advisor to Speed of Mind ApS

Enterprise Search Technology Exit Consulting Services Sold to SurfRay A/S, Denmark





Advisor to Pixmantec ApS (Case Story)

Imaging Software Company Exit Consulting Services Acquired by Adobe Inc., US

PIXMANTEC CASE STORY

“After a very successful launch of our second generation product line, we decided to try to find a company that was interested in taking over Pixmantec.

Being a small company with no external funding we realized that we needed to look for assistance outside the classic international banker environment as such companies would not fit the scope of our resources and business. The services of 1CT attracted our interest and we soon outlined the process for further engagement. From the first meeting we felt confident that we had chosen a partner who understood our business and was willing to listen to our ideas and requirements.

1CT enabled us to engage in a process outside our core competencies and made sure that we kept our focus on driving the business. Furthermore, we secured a professional representation of our company to more than 25 potential international buyers and gained firm assurance of the strategic valuation of our company. As a result, we sold Pixmantec to Adobe.”

Kenneth Tang Lærke, CEO of Pixmantec
July 2006.





Advisor to Symbion (leading Danish Research Park)

Exit consulting services for technology companies with strong international potential. (active)





1CT help SQL AG achieve a successful exit

Leading Swiss storage software company SQL AG has been acquired by Austrian Infoniqa. 1CT acted as SQL AG’s exit advisor during the entire process. Read more here





1CT becomes “Symbion Exit Programme” operator

1CT has been selected by Symbion to manage the Symbion Exit Programme.

The programme is designed to help owners of small technology companies to weigh up the advantages and disadvantages of selling their companies rather than trying to expand them themselves. Central aspects of the programme include: defining and preparing the right exit strategy, identifying potential buyers, and valuing the company.

The programme is free for Danish companies, and so far seven companies have joined the programme.

Read more about the Symbion Exit Programme here (PDF File in Danish).

For further information in English please contact:
Jonas Pilgaard- or Tel: +45 33 22 07 00





Advisor to Fridrix (Case Story)

Advisor to Fridrix; an internet-based edutainment software company, which helps customers to learn and adopt the tricks of sports-stars.

FRIDRIX CASE STORY

Fridrix is a Copenhagen based developer of internet based edutainment software, enabling customers to learn and adopt the tricks of sports-stars. When we were introduced to 1CT in 2006 we needed help to get the business up and running. We engaged with 1CT, established a close partnership and have received intensive coaching and other business development services. As a result we are now in a much stronger position.

During the process we developed a relationship with LogoPaint, a European leader within the sports related technology industry. 1CT assisted in our process of establishing a strategic partnership and after months it was decided that LogoPaint would buy a majority of our shares as part of a commitment to leverage the distribution power of Logopaint to the benefit of the Fridrix products. We see this as a break-through for Fridrix and have agreed with 1CT that their shares in our company are bought back by us.

The journey with 1CT at our side was short, intensive and successful.

Thorsteinn H. Fridriksson, CEO / Founder of Fridrix ApS
Copenhagen, September 2007





1CT engages with Easy Flex

1st Corporate Technologies (1CT) has signed a business development agreement with Easy Flex, Copenhagen. Easy Flex offers a new, innovative automatic staff scheduling system, which can hugely improve scheduling in larger organizations.

1CT is delighted at this opportunity to help Easy Flex leverage its market potential and has assigned Project Partner Erik Lorenz Petersen to provide hands-on assistance to EasyFlex.





GazelleGrowth

1CT is proud to announce that a consortium led by 1CT and Symbion, the leading Danish Science Park, has won a 32m DKK contract to identify and support Denmark's best Gazelle companies internationally.

For more information, please contact 1CT Partner, Jonas Pilgaard on +4521401070 or visit www.gazellegrowth.com





New Years Greeting 2007

1CT New Years Greeting 2007

Dear friends and business associates,

1st Corporate Technologies [1CT] is a young global company. 1CT clients benefit from our international coverage across 10 locations and 28 partners, all experienced, international executives and entrepreneurs that have "been there, done that".

In addition we have built a strong international network across technology sectors and continents. Read the full New Year Greetings here (PDF file)