In a first-of-its-kind arrangement, Dominion Harbor Group (DHG) has signed an agreement with Los Angeles-based Agra Capital Partners to integrate DHG’s intellectual property advisory, licensing, and patent placement services with Agra Capital’s traditional capital funding and financial advisory offerings.
Intellectual property represents up to 80 percent of corporate value in today’s knowledge-based economy. Yet until now, IP optimization services have been largely unavailable to young firms seeking capital market and transaction assistance, thereby limiting their chances of success.
Under the terms of this ground-breaking agreement, however, Dominion Harbor will collaborate with Agra Capital to provide clients with assistance in building and monetizing their IP portfolios — including via the acquisition of valuable third-party patents through DHG’s proprietary relationship with the Monument Bank of Intellectual Property, the world’s first “IP Bank” focused on providing high-value IP to startups. Studies show that patents greatly facilitate not only young companies’ access to debt and equity financing, but also their likelihood of later market success.
Dominion Harbor will offer IP optimization services to Agra Capital’s clients on “success-based” terms — meaning that if the client does not see a return in the form of licensing proceeds or a successful liquidity event such as an IPO, neither DHG nor Agra Capital gets paid.
“We are very excited to be working with Agra Capital Partners to break down the barrier that has long separated financial from intellectual property advisory services and hindered the success that such a collaboration can inherently bring,” stated Dominion Harbor’s chairman and CEO, David Pridham. “This agreement is our mutual recognition that in today’s economy, intellectual property is a key source of wealth and competitive advantage for young firms, no less than is access to capital market services.”
About Agra Capital Partners:
Los Angeles-based Agra Capital Partners is a private investment advisory firm serving smaller and mid-sized companies in a wide range of corporate finance transactions. The firm has considerable experience across a range of industries and transaction types — including mergers and acquisitions, private placements, and pre-IPO positioning for firms in the health care, green energy, technology, digital media, entertainment and healthcare industries — and during their careers, the principals have completed transactions totaling more than $1 billion in value.
About Dominion Harbor Group, LLC:
Dominion Harbor Group is one of the most respected and experienced patent licensing and advisory firms in the U.S., with decades of experience among its seasoned team of licensing, legal, technical, engineering and financial professionals. The firm manages, helps protect, and leverages intellectual property portfolios for clients, and also enjoys a proprietary relationship with the Monument Bank of Intellectual Property, the world’s first “IP Bank” for startups. http://www.dominionharbor.com