Triple Point Technology

The founding CEO of Triple Point Technology, Peter Armstrong, was considering selling the company. The company provides its customers with the software for transaction processing and risk management in various commodity markets used specialized. Triple Point Technology had grown substantially in its 13 years of existence, and may have been a source of a significant amount of wealth for its owners. The sale was prompted by a co-founder, who wanted to sell his stake in the company to do so. The case exp … Read more »

The founding CEO of Triple Point Technology, Peter Armstrong, was considering selling the company. The company provides its customers with the software for transaction processing and risk management in various commodity markets used specialized. Triple Point Technology had grown substantially in its 13 years of existence, and may have been a source of a significant amount of wealth for its owners. The sale was prompted by a co-founder, who wanted to sell his stake in the company to do so. The case examines the reasons for the owners to at least a portion of their company’s value to monetize the sales process, and compares two different offers from the perspective of the company executives who have a significant interest in him will continue.
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from
Richard S. Ruback,
Royce Yudkoff
Source: Harvard Business School
8 pages.
Release date: 01 December, 2010. Prod #: 211057-PDF-ENG
Triple Point Technology HBR case solution