monkdev

Coil Partners Announces Growth Equity Investment for Insight Genetics, Inc. and Corporate Sale of Monk Development

monk + insight_Monkdev + Insight for BLog.png

Coil Partners is pleased to announce the successful completion of two financial advisory engagements, Insight Genetics, Inc. and Monk Development.

Headquartered in Nashville, TN, Insight Genetics is a full service precision healthcare company offering a combination of cancer diagnostic products and patient treatment services designed to assist oncologists and clinicians in identifying the specific genetic drivers for a patient's tumor and selecting best treatments, including monitoring patients for drug effectiveness. Coil, in alliance with The Bethesda Group, was retained to assist in structuring and negotiating a convertible note investment on behalf of an investor group.

Monk Development, Inc., headquartered in San Diego, CA, is a SaaS based technology solutions provider for churches and ministries looking to leverage technology to grow and build their ministry. Monk's web and content management solutions help churches do ministry online with applications such as community networking and online giving. Optivest IB was retained by the Company to advise the three founders related to strategic options, which ultimately led to a corporate sale to Ministry Brands.

These transactions exemplify Coil's commitment to developing customized client solutions. Whether our engagements are transaction based such as capital formation and mergers & acquisitions or advisory based such as strategic and financial advisory, our team is experienced and capable in helping define our client's needs and executing results.