Tech investment big-shot Frank Quattrone’s advisory firm Qatalyst Partners was the sole financial advisor of the $1.2-billion Microsoft-Yammer deal, Business Insider has learned.
A source close to the firm emailed us a correspondence between Quattrone and his clients, which we’ve included below:
Subject: Qatalyst Advises Yammer on Proposed $1.2 Billion Sale to Microsoft
Dear Clients & Supporters,
We are pleased to announce Qatalyst’s role as exclusive financial advisor to Yammer, a leading provider of enterprise social networks, in its agreement to be acquired by Microsoft for cash consideration of $1.2 billion.
The news release below describes the proposed transaction in greater detail.
Thanks for your support and we look forward to speaking to you soon!