Blacksmith Applications

Canaccord Genuity is pleased to announce that its client, Blacksmith, has signed an agreement for a majority recapitalization by Strattam Capital.  Canaccord Genuity acted as exclusive financial advisor to Blacksmith in connection with the transaction that was signed on March 31, 2016.

Blacksmith is a leading provider of trade spend management software to the consumer package goods (CPG) industry.  The Company’s product suite helps its clients manage their contracts, more effectively deploy pricing discounts and promotional offers and gain insight into the effectiveness of their trade spend to ultimately increase their revenue and profitability.

The transaction included equity capital from Strattam Capital and Blacksmith management along with lender participation by PNC Bank.