Bowen Advisors Serves as M&A Advisor to SeaWell

BOSTON, April 22, 2014 – Bowen Advisors, Inc., a Boston-based technology mergers & acquisitions firm, is pleased to announce that SeaWell Networks, a leading provider of multiscreen and targeted advertising platform software, has been acquired by ARRIS (Nasdaq: ARRS). Bowen Advisors provided sellside M&A advisory services to SeaWell.

The acquisition unites SeaWell’s multiscreen, adaptive bit rate (ABR), and advertising software with ARRIS’ Networking and Cloud business. “This combination will provide the next-gen TV solutions service providers need to successfully deliver multiscreen services, personalized TV and targeted advertising,” said Brian Collie, SeaWell CEO and co-founder. “Bowen Advisors was a valued partner in the process. Their relationships and in-depth knowledge of the video industry, strategic advice and deal execution were key to completing the transaction with ARRIS.”

Click here for ARRIS’ press release.

Headquartered in Mississauga, Ontario, SeaWell offers a portfolio of software solutions – IP video, multiscreen, personalization, and targeted ad insertion solutions – for delivering next-generation TV and advertising services. These solutions enhance IP video by enabling new levels of interactivity and personalization across a variety of devices, while minimizing the cost and complexity of multiple IP streaming platforms for multiple device types.

“Following the recent sale of Imagine Communications to Harris Broadcast, the SeaWell acquisition reinforces our position as a leading advisor to video and ad technology providers,” said Bill Rich, Principal of Bowen Advisors. “We expect ongoing strategic consolidation in the video and advertising sectors as multiscreen becomes mainstream and service providers increasingly focus on personalization and targeting to drive revenue and audience engagement. We look forward to helping other innovative companies achieve successful outcomes in these dynamic markets.”

About Bowen Advisors

Founded in 2002 and headquartered in Boston, Bowen Advisors is a leading investment banking advisory firm dedicated to serving the corporate finance needs of emerging and established technology companies. We provide sellside and buyside M&A, private placement and strategic advisory services to leading technology companies across a range of sectors and geographies. Bowen Advisors provides each client with a unique, strategy-driven approach designed to maximize successful outcomes. Our proven execution skills, complemented by deep domain knowledge and industry contacts, directly benefit each client engagement. Bowen Advisors’ teams are led by senior professionals that combine extensive industry, M&A and capital markets expertise for both public and private companies.