ASDI, Inc. – SC&H Capital was retained by this 24-year-old Delaware-based provider of materials management services for the pharmaceutical and biotechnology industries to prove that an offer from Frontier Scientific was the highest and best available.
Using an accelerated 45-day process, SC&H identified 27 interested prospects, conducted site visits with five groups, and received two offers in excess of Frontier’s original offer. A lively auction took place which resulted in Frontier Scientific being the winning bidder at a price more than double their initial offer.
