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Corporate Development

ST Advisors is your trusted thought partner for strategic corporate development. We help our clients accelerate their growth by expanding their total addressable market, customer list, and / or product capabilities through strategic acquisitions and partnerships.

Think of ST Advisors as your outsourced SVP of Business Development

Think of ST Advisors as your outsourced SVP of Business Development – providing specialized domain knowledge and supplementing your internal resources as you pursue your organization’s strategic partnership or acquisition goals. Drawing on over 40 years of experience and relationships in healthcare IT and IT-enabled services, we bring a blend of expertise in corporate strategy, equity research, and investment banking to assist you and your team in identifying and connecting with potential targets. Our unparalleled network and reputation enable us to cut through marketplace noise and contribute to our 80%+ success rate in engaging with companies, often allowing us to find proprietary targets well before a formal sale process is contemplated and a sell-side advisor is engaged.

Our Process

An ST Advisors’ corporate development engagement begins with a brief management strategy session in which we develop a deeper understanding of your organization’s current offerings, financial profile, value proposition and differentiators, and competitive landscape, and then collaboratively discuss the company’s plans for strategic growth. In this session, we work with your team to profile the ideal partnership or acquisition target, and develop mutually determined evaluation criteria to help filter potential candidates.

We then use our market knowledge, experience, and relationships combined with our proprietary, thesis-driven research process to curate a content-rich slate of candidate companies that match your strategic goals. Jointly-developed evaluation criteria are then applied to yield a prioritized list of acquisition and / or partnership candidates. After agreeing on the best approach, ST Advisors will then contact the targeted companies, determine strategic fit and level of interest, and facilitate introductions as appropriate. 

Once the decision has been made to proceed with an indication of interest, our clients typically include us in the deal team, to supplement their internal resources and add our outsider perspective. In these cases, we serve as a sounding board and advisor to you and your team and act as a true ombudsman for the transaction itself. We continue to iterate on this process through the entirety of the engagement until we help our client attain its goals, or we jointly determine further work no longer makes sense.

Our Values Drive Our Success

Integrity is a core ST Advisors value. We are open with potential targets about our goals and motives, but we speak with them as though they are our clients – providing honest, thoughtful advice relevant to their business and its lifecycle. This approach has been well received by clients and targets alike, and has contributed to the strength of our network, allowing us to facilitate acquisitions both rapidly (as little as 45 days) and at a much more deliberate pace, where a more patient and nuanced approach is required (as long as 30 months). 

We bring our deep experience, specialized expertise, unbiased outsider perspective, network, honesty, and proven record of success to your corporate development, for both a process and an end result that benefits all stakeholders.

SERVICES

Michelle and Ben became an integral part of developing and executing our inorganic growth strategy at QGenda, leading us to source two transformational (and proprietary) additions to our portfolio. These transactions were only possible because of ST Advisors' differentiated approach to working with clients, which combines deep industry knowledge, transaction execution strategy, and unparalleled access to proprietary targets.

Harrison HellnerPresident of QGenda

I meet many advisors who are technically skilled, but it is rare to meet professionals like Ben and Michelle who demonstrate integrity and build trust. Patient and thoughtful in their approach, Ben and Michelle consistently interacted in a way that was on point, honest, and fair. They earned my trust and my trust extended to their client. When my client was ready, I contacted ST Advisors exclusively.

Diane ThomasPresident of Premier Sales

The team at ST Advisors was an asset to me during my time as CEO of QuadraMed. As the company explored inorganic growth options, Ben and Michelle demonstrated that they really understood the business and were thoughtful and creative in their approach to the engagement. They are my trusted advisors, and I welcome any opportunity to work with them again on future projects.

Duncan JamesCEO of QuadraMed (2009–2013)

We enlisted ST Advisors to help drive our internal business development efforts at Briggs to benefit from their industry knowledge and expertise, along with their strategic thinking. We wanted more than just a traditional investment bank; we wanted a trusted advisor and partner, and with ST Advisors that is exactly what we got. They brought a high level of integrity, along with a tremendous work ethic and extensive industry relationships, to the engagement. ST Advisors became a member of our team, and I would highly recommend them!

Dustin EpsteinPresident of Briggs Healthcare (2016–2021)

QURE, an employee-owned LLC, had little sophistication in transactions or PE firms. ST Advisors, with their broad reach, knew both our potential buyers and the broader marketplace, and was able to provide their substantive input with great efficiency. They readily helped me, as a founder, to distinguish between business, strategic, and personality issues. When we had the ubiquitous last-minute impediment, ST provided us with invaluable context that resulted in a resolution satisfactory for all.

John W Peabody MD, PhD, FACPPresident and Founder of QURE, LLC
(acquired by ST Advisors’ client, TRC Healthcare)
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