Exclusive financial advisor to Leverege LLC
KPMG Corporate Finance LLC acted as exclusive financial advisor to Leverege LLC
KPMG Corporate Finance, LLC (“KPMG CF”) acted as the exclusive financial advisor to Leverege, LLC (“Leverege” or the “Company”) on its majority recap investment by Cohere Capital, LLP (“Cohere Capital”). Leverege is a provider of a robust suite of AI-native software products that deliver unparalleled visibility into mission-critical enterprise operations through a unified software stack.
Why KPMG Corporate Finance
The KPMG CF Communication Systems & Technologies (CST) team has executed a long list of Artificial Intelligence/IoT transactions. The sector knowledge and embedded relationships that result from that experience were central to the appointment of KPMG CF by Leverege after an exhaustive banker selection process. The primary objectives of Leverege founders was to partner with an investor who brought deep AI/digital transformation knowledge and was prepared to support the acceleration of the company’s already rapid growth. KPMG CF strategically positioned Leverege to highlight its proprietary VisionAI technology and its traction with large enterprise customers. The result was a competitive process and the emergence of Cohere Capital as the best partner for the Leverege founders.
VisionAI and AI/IoT are key areas of domain expertise for the KPMG CST team, where our sector insights and transaction experience consistently deliver outlier results for clients.
“The KPMG Corporate Finance team, led by Joseph Radecki with support from Patrick Reedy, Steven Vinezeano, and Kyle Kim, played a pivotal role in the successful financing of Leverege by Cohere Capital. We performed extensive diligence on other investment banking firms during our selection process but ultimately selected KPMG CF based on their deep relationships with potential investor partners, negotiation and critical thinking skills, and unparalleled expertise in advising SaaS companies focused on Internet of Things (IoT) and VisionAI technologies. Their professionalism, work ethic, market knowledge, and unwavering commitment to client success were evident throughout our engagement and their meticulous attention to detail was instrumental in navigating the many demanding aspects of the deal process. Ultimately, their dedication and expertise made all the difference in achieving our successful outcome and we couldn’t be happier with the results.”
- Eric Conn, Co-founder & CEO, Leverege
About Leverege
Headquartered in Rockville, MD, Leverege provides a suite of AI-native software and VisionAI products that drive digital transformation efficiently and effectively, automating data capture and processing, enabling deep operational visibility, and driving real-time action for its customers in the automotive, industrial manufacturing, and retail industries. Leverege’s hardware agnostic, scalable, and user-friendly products, tailored to the unique needs of its customers, effectively overcome the challenges faced by competing horizontal development platforms and vertical-focused products.
About Cohere Capital
Headquartered in Boston, MA, Cohere Capital is a growth-focused PE firm that invests in the lower middle market. The firm has a flexible mandate across growth markets, but primarily targets recapitalizations and growth investments in rapidly growing technology-enabled services companies. Leverege marks Cohere’s third investment since 2022 and its eighth since the start of 2019.
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KPMG Corporate Finance
The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years