THE CHICAGO CORPORATION
INVESTMENT BANKING
Results...Results...Results
Mergers and Acquisitions
Transactions
The following transactions are representative of Merger and Acquisition engagements managed by principals of The Chicago Corporation and appear as a matter of record only and are not a solicitation to buy or offer to sell securities:
Griffith Laboratories Worldwide Inc., a manufacturer of food ingredients, sold its Australian, New Zealand, Philippine and Thailand subsidiaries to various buyers for undisclosed prices.
Mail Boxes Etc., the largest franchiser of postal/shipping, business and communication services, was sold to U.S. Office Products Company for $443.6 million.
O’Brien Powder Products Inc., a producer of powder coatings for commercial and industrial applications, was sold to Herbert GmbH, a subsidiary of Hoechst AG for $130 million.
Equity Corporation International, a provider of deathcare services and products, was sold to Service Corporation International for $900 million.
ACR Electronics Inc., a manufacturer of safety and survival and survival products for marine, aviation and terrestrial applications was sold to Cobham plc for $35 million.
USLD Communications Corporation, a provider of an integrated group of telecommunications services to business customers throughout the United States, was sold to LCI International, Inc. for $425 million.
Polaroid Corporation, a provider of optical technology products, sold certain polarizer assets to 3M Company for an undisclosed amount.
Comtech Telecommunications Corp., a manufacturer of electronic components for the telecommunications industry, acquired EF Data from Adaptive Broadband Corporation for $61.5 million.
Markem Corporation, a manufacturer of printing systems and supplies, sold its Astor Universal Corporation subsidiary to API Group plc for $60 million.
Colonial Healthcare Supply Co., a distributor of healthcare products, was sold to Bergen Brunswig Corp for an undisclosed amount.
Technuity Inc., a value added distributor of rechargeable batteries, was sold to Audiovox, Inc. for an undisclosed amount.
Batteries.com, a web based consumer battery outlet, was sold to Audiovox, Inc. for an undisclosed amount.
Jet Support Services, Inc., a privately owned general aviation service company, was sold for an undisclosed amount. The client represented received a substantial topping fee on the sale.
Underwriters Laboratories Inc., a testing and certification service, sold a business line in a carve-out for an undisclosed amount, with proceeds in the form of a substantial minority interest in the foreign buyer.
AT&T Latin America Inc., an international fiber optics network, was sold in a §363 sale. The senior lender in the company’s international project financing was advised in the U.S. bankruptcy proceeding and the company was assisted in effectuating the closing of the multinational sale.
Jones Lang LaSalle, a global provider of corporate real estate services, acquired Spaulding & Slye for $185.0 million.
Ames True Temper, a Wind Point Partners’ portfolio company and a manufacturer of lawn and garden tools was sold to Castle Harlan for $390.0 million.
Clean Earth, Inc., an environmental remediation company, was sold to Eos Partners and Bank of America Capital Investors for a $48.5 million.
CH2M Hill, a global engineering and consulting firm, acquired Lockwood Greene in a 363 bankruptcy sale for $96 million.
Edelbrock Corporation, a manufacturer of automobile parts, was acquired by Victor Edelbrock in a going private transaction for $80.0 million.
TRANSACTIONS
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The Chicago Corporation - copyright 2011
“The Chicago Corporation is a middle-market investment banking firm, headquartered in Chicago, IL, that strives to provide best-in-class investment banking advice to its clients.”
