Enerpulse

Situation

The Company is a privately-owned growth stage venture that designs, manufactures, markets and distributes an electronic engine component focused on increasing engine performance via better fuel economy, power and lower emissions than factory specifications.

Following multiple rounds of venture funding, the Company had developed a commercially-viable and competitive product but lacked the necessary wherewithal – from an operational and financial perspective – to take advantage of market opportunities for growth and maximize long term enterprise value.

Engagement

Gordian was engaged to assist the Company in evaluating its options, which included entering into a large-scale manufacturing agreement with an international conglomerate, evaluating the relative costs and benefits of a sales and distribution agreement with a large strategic party and conducting a third-party process to help the Company evaluate M&A and joint venture opportunities.

Outcome

Gordian’s efforts allowed the parties at the table to understand market opportunities and the relative costs associated with such opportunities; ultimately, an existing investor in the Company negotiated to provide the necessary financing to fund near-term growth and expansion. The Company subsequently went public through a reverse merger.