Habeas responds to rumors of sale
Last night Des Cahill, Habeas‘ CEO, posted this article to the company blog; Exciting Times for Habeas. Des’ comments are likely the result of an Article in Direct Mag regarding the possible sale of Habeas, although this is not directly mentioned in the posting.
Des writes that Habeas is working with an investment banker to evaluate the their options around different option for finance in order to deal with the continued growth of the business. Business that is up 50% year over year and getting ready for a record year, exceeding the 2008 Q1 goals and looking for a positive.
Habeas has partnered with William Blair to review and analyze the best course of action for the future of the company. This is an organization that has worked with the like of Constant Contact (during their recent IPO) as well Exact Target and Convio during the S-1 filing process.
* Disclaimer – I am a Habeas customer