October 17, 2016
New York (October 17, 2016) - EFA Partners, a boutique financial advisory firm that provides investment banking services focused on arranging capital and providing strategic advisory services for companies in the technology, media and entertainment industries, today announced that it has been selected to be the exclusive advisor to Lumen21, a California-based award winning global technology firm, to assist the company in exploring strategic alternatives to maximize its growth potential and shareholder value.
"As part of the ongoing evaluation of our business and its growth prospects, we have engaged EFA Partners to advise us on potential alternatives and strategies," stated Eduardo Don Jr. ., founder and President of Lumen21. "We believe the experience and relationships of EFA Partners will provide us with the best ability to fully evaluate options and implement the best course of action to realize our growth potential."
EFA Partners has been retained by well over 100 companies for its advisory services and senior members of the firm have closed and managed over $14.5 billion of financings in its targeted sectors.
“We’re excited to be working with Lumen21 as they continue their impressive performance trajectory and evaluate options to enhance their growth and underlying shareholder value,” stated David Harrington, Managing Director of EFA Partners. ”Ed and his team have done a terrific job in building Lumen21 into a leading company in its served markets and it is well-positioned to capitalize on operational and strategic growth opportunities.”
Lumen21 is an award-winning global technology firm delivering quality IT managed services, security IT services and compliant services leveraging cloud technology. Lumen 21’s depth of experience, industry best practices and focus on innovation means their clients receive less complex, professionally managed technology infrastructures and applications. In particular, organizations requiring to comply with federal or industry regulations (e.g. HIPAA, PCI DSS, GLBA, etc.) gain improved visibility and control over their applications, data with Lumen21’s innovative HITRUST certified compliant cloud computing solution, and its Office 365 compliant service.
About EFA Partners
EFA Partners is a boutique financial advisory firm that provides investment banking services focused on capital raises, mergers and acquisitions, and other consulting services for technology, media and entertainment companies. Senior members of the firm have closed and managed numerous transactions in its targeted sectors, including merger and acquisition transactions and capital placement. Since its formation in 2009, EFA has arranged and placed over $1 billion of capital and advised on nearly $2 billion of additional sell and buy-side transactions for its client companies.