Featured Cases > Tonkon Torp Guides SnappyData through Equity Sale
Tonkon Torp Guides SnappyData through Equity Sale
Tonkon Torp helped client SnappyData, Inc. to negotiate and complete an equity sale to TIBCO Software. SnappyData is a software company based in Portland that operates in the open-source big data space. The transaction was led by partners Ron Greenman and James Hein. The sale was structured as a straightforward stock purchase that also involved an Indian-based subsidiary.
Ron has represented the company founders through several tech ventures. Their relationship with the firm continued during SnappyData’s incubation at Pivotal Software, and its 2016 spinoff which included a successful fundraising round with GE Ventures and GTD Capital.