Rochell also delves into the two big “stomach ache” clauses in a typical asset purchase agreement, and how to address them up front so the due diligence and negotiation process is successful.Īs you’ve heard us often say…”don’t decide to sell, plan to sell”. In today’s Podcast she covers the risks and pitfalls of transferring an account through an asset sale, and talks about the different types of transactions she sees occur. Now more than 50% of her business is representing both buyers and sellers in transactions that involved the transfer of an Amazon Seller Account.īecause of her specialty and expertise, I wanted to have her on the Podcast to share her approach, and what she sees other brokerage firms in the industry doing. A few years ago she jumped ship and started the Walk Law Firm. ![]() Read More: SalesTechStar Interview With Roy Brockman, Director Of Marketing At SecuriThings Write in to to learn more about our exclusive editorial packages and programs.Rochelle Friedman was a corporate lawyer representing some of the top products and brands in the world. Goodwin Procter LLP served as legal counsel to ICONIQ Capital. Kirkland & Ellis LLP and Blake, Cassels & Graydon LLP served as legal counsel to Conexiom. We are excited to continue the journey with the management team and ICONIQ Capital, to help the Company address its large market opportunity.” Hollie Haynes, Managing Partner of Luminate Capital, added, “Conexiom has seen tremendous growth since our initial investment in 2018, solving a critical problem for manufacturing and distribution customers. ![]() “We have spoken to numerous customers whose businesses were transformed by Conexiom and yielded significant return on investment in as little as 30 days.” “We see Conexiom as a key partner to companies looking to make their businesses future-ready, to accelerate growth, ensure revenue capture, and deliver superior customer service by letting CSR focus on customers, instead of repetitive and time-consuming tasks,” said Roy Luo, Vice President at ICONIQ Capital. Read More: AVANT Analytics Provides First Comprehensive Research Report On Unified Communications As A Service During COVID-19 We will use the funding to help us to better serve customers through accelerated platform development, with an increased investment in machine learning and artificial intelligence, extend our technology to other critical business processes beyond order and invoice automation, and expand our footprint in global markets.” The support of ICONIQ and Luminate is a validation of our mission and furthers our commitment to help our customers grow and transform their businesses. “We are thrilled to welcome ICONIQ to Conexiom. COVID-19 is accelerating the modernization of antiquated business processes and forcing every business to become a digital business,” said Ray Grady, President and CEO, Conexiom. Over $100 billion in business-to-business sales are processed through 22 million transactions on the Conexiom platform annually. Modern businesses use Conexiom to redeploy resources to activities that deliver greater profitability, expedite order cycle time, and maintain their competitive edge. Conexiom is the only vendor in the market that delivers touchless order processing with 100 percent data accuracy. Conexiom is focused on eliminating manual order processes and helping customers deliver a superior customer experience. Read More: Login VSI Joins IGEL Ready ProgramĬurrently, more than $8.4 trillion dollars of business-to-business sales orders are still manually processed In North America alone. ![]() ![]() ICONIQ’s investment follows a record performance of 70 percent year on year growth for Conexiom. ICONIQ joins existing investor, Luminate Capital, which will retain a majority stake. Conexiom, the leading provider of sales order and invoice automation solutions, today announced it has received a strategic growth investment from ICONIQ Capital.
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