Pharus Advisors served as Control-F1's exclusive financial advisor in its sale to CA. Pharus was selected for its industry knowledge, relationships with potential acquirers, and transactional experience.
The specific mandate was to maximize shareholder value through a competitive auction process. Pharus coordinated an effective sale process with several strategic buyers and emphasized Control-F1's unique strengths in the Support Automation marketplace.
Control-F1, an established leader in the Support Automation industry and serving 80 clients worldwide, offers a complete suite of products and services developed for today’s support desk environment. The acquisition will allow CA’s customers to improve their IT help desks and maximize service levels for end-users. It is part of CA’s larger strategy to increase focus on enterprise IT management through unification, self-healing and cost reduction.
Control-F1, headquartered in Calgary, Canada, is a venture-backed, privately-held company. Control-F1 investors include Palisade Capital, Springbank TechVentures, and ManVest.