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CHILDS Advises Vistex in its Acquisition of hawkeye Channel

Atlanta, GA, March 11, 2014 – CHILDS Advisory Partners (“CHILDS”) served as the exclusive financial advisor to Vistex, Inc. (“Vistex”), in its recent acquisition of hawkeye Channel (“hawkeye”). Vistex is the global leader in pricing, contract, and incentive management solutions, while hawkeye is the leader in sales and marketing solutions that drive revenue growth for enterprises that sell through indirect sales channels. hawkeye Channel will be merged with Vistex to further extend their robust Go-To-Market solution offering with cloud-based products, strategic consulting services, and global program management capabilities. The acquisition enables Vistex to deliver an industry leading suite of global pricing, sales, marketing, payment, and incentive solutions, both on-premise and in the cloud.

The leaders of both organizations view the acquisition as having strong synergies that will immediately add value for clients of both organizations and accelerate the development of future product offerings. “Vistex will leverage hawkeye’s understanding of cloud-based sales and incentive management applications to quickly supplement the company’s portfolio,” says Sanjay Shah, Vistex Founder and CEO. “We will also be able to provide our clients a more comprehensive solution through hawkeye’s strong service offering that spans program strategy, analytics and back office support to facilitate program administration.” Shah further notes: “We were very impressed with the professionalism, counsel, and support from the CHILDS team. CHILDS was dedicated to finding quality, value-add targets that will support the future growth of our company. We thank CHILDS for their diligence and counsel in guiding us through the process.”

Tom Donahue, Managing Director at CHILDS Advisory Partners, said, “Through our sector focus and understanding of Vistex’s suite of services, we were able to quickly identify hawkeye as a great fit to expand the service offerings of Vistex. We appreciate the opportunity to partner with leading organizations, helping them to further strengthen their market position.”

Vistex’s acquisition of hawkeye was effective February 4, 2013. Following the acquisition, hawkeye Channel will assume the identity of ‘hawkeye Channel by Vistex’ and continue to operate out of its main office in Kent, Washington. Terms of the transaction were not disclosed.

About Vistex
Vistex is an enterprise software company that is the global leader in pricing, contract, and incentive management solutions and services. Serving businesses of all sizes worldwide across a spectrum of industries, coupled with an unwavering commitment to its clients, the world’s best run organizations choose Vistex to manage master data, contracts, pricing, rebates and incentives, ensuring success from inception to insight. Vistex is headquartered in Hoffman Estates, IL. For more information, please visit www.vistex.com.

About hawkeye Channel
hawkeye Channel provides Sales and Marketing Solutions that drive channel revenue growth for enterprise marketers who sell through indirect channels. Through an extensive portfolio of software and services, hawkeye Channel helps clients design and manage programs that engage their indirect sales partners, improve sales performance, and enhance their overall return on channel investment. For more information, visit www.hawkeyechannel.com.

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About CHILDS Advisory Partners

CHILDS Advisory Partners provides exceptional investment banking services to high‐performing business services and technology companies. Our unique combination of global sector focus, process excellence and strength of team allow us to achieve successful outcomes for our clients. Collectively, our senior bankers have executed over 450 M&A and financing transactions. CHILDS is a member of FINRA and SIPC and is a registered broker‐dealer.

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