Fredericks Michael & Co. advises Vaisala Oyj (HLSE:VAIAS) (FIN) on the acquisition of Quixote Transportation Technologies, Inc. (US) from Quixote Corporation (NASDAQGM:QUIX) (US)

Vaisala Oyj (Helsinki, Finland) is a global leader in environmental and industrial measurement equipment technologies. Vaisala provides a comprehensive range of innovative observation and measurement products and services for meteorology, weather critical operations and controlled environments.

Fredericks Michael & Co. acted as Vaisala’s exclusive financial advisor with respect to the acquisition of Quixote Transportation Technologies, Inc. from Quixote Corporation including advising on valuation, structuring, due diligence and negotiations through closing.

The acquisition of Quixote Transportation Technologies, Inc. compliments Vaisala’s Roads segment offering and application knowledge, enabling the delivery of more complete solutions and customer service. QTT’s product offering of road and runway weather information systems, highway advisory radio and traffic monitoring systems will significantly strengthen Vaisala’s position in the Roads market.

Fredericks Michael & Co. Advised Vaisala Oyj (HLSE:VAIAS) (FIN) on the Acquisition of Veriteq Instruments, Inc. (CA)

Vaisala Oyj is a global leader in environmental and industrial measurement equipment technologies. Vaisala provides a comprehensive range of innovative observation and measurement products and services for meteorology, weather critical operations and controlled environments.

Fredericks Michael & Co. acted as Vaisala’s exclusive financial advisor with respect to the acquisition of Veriteq Instruments, Inc. including advising on valuation, structuring, due diligence and negotiations through closing.

The acquisition of Veriteq Instruments, Inc. compliments Vaisala's Controlled Environments business offering and application knowledge, enabling the delivery of more complete solutions and customer service particularly in the life science sector. Veriteq is a leading provider of productized continuous monitoring systems and data logger solutions for the life science industry including pharmaceutical, biotechnology and medical device companies.

Fredericks Michael & Co. advised IT Services leader Stefanini IT Solutions (BR) on the acquisition of TechTeam Global, Inc. (NASDAQ:TEAM) (US)

The cross-border transaction was accomplished through an all-cash tender offer and second-step short-form merger, for a total value of approximately $100.2 million. With the acquisition, Stefanini achieved its principal objectives of further penetrating both the US and European markets and strengthening relationships with major Fortune 500 clients including Ford, Alcoa, John Deere, Proximus, Travelport, Ernst & Young, Essilor and Sanofi Aventis. TechTeam employs over 2,200 individuals in 16 countries and generates annual revenues of approximately $135 million.

Marco A. Stefanini, Chairman of Stefanini IT Solutions said, "We are excited about this pioneering transaction for Brazilian companies and believe it to be a significant step in Stefanini IT Solutions' strategy of expanding its international presence. The prospective combination will create a truly global presence from two customer-focused and service-driven companies." Added Mr. Stefanini, “Fredericks Michael & Co. provided critical guidance at key decision points during this transaction after conducting a broad search and screen process that identified numerous attractive potential targets for Stefanini in the US and Europe. The value of Fredericks Michael & Co.’s timely advice far exceeded our expectations.”

About TechTeam Global, Inc.

TechTeam Global, Inc. is a leading provider of IT outsourcing and business process outsourcing services to large and medium businesses. The company's primary services include service desk, technical support, desk-side support, security administration, infrastructure management and related professional services. TechTeam also provides a number of specialized, value-added services in specific vertical markets. Founded in 1979, TechTeam has approximately 2,200 employees across the world, providing IT support in 32 languages. For more information, please visit www.techteam.com

About Stefanini IT Solutions

Stefanini IT Solutions is a global provider of onshore and nearshore IT consulting, systems integration and development, and outsourcing services. With more than 9,400 employees and 36 offices in 17 countries worldwide, Stefanini IT Solutions services more than 350 active customers across a broad spectrum of industry verticals, including energy and utilities, insurance, manufacturing and distribution, oil and gas, financial services, and telecom. Founded in 1987 and with roots in Sao Paulo, Brazil, Stefanini IT Solutions has grown to be a multinational IT services company and one of the largest IT consulting companies in Latin America.

Fredericks Michael & Co. advised Italian home automation leader, Nice S.p.A. (MIL:NICE) (IT) on the acquisition of Peccinin Portões Automáticos (BR), a leading gate automation company

For Nice, this transaction is part of a three-year initiative to expand the presence of the Company’s broad portfolio of products in rapid growth markets and represents a starting point for building a solid manufacturing base in South America. This strategic acquisition positions Nice to capitalize upon Brazil’s projected growth, attractive potential market and increasing demand while mitigating current customs-driven barriers to entry.

The transaction is based on an innovative structure that guarantees Nice the right to control and operate Peccinin and, subsequently, fully acquire the Company after a two-year period. Nice will hold 51% of Peccinin’s shares in usufruct for two years at the end of which, Nice will have the right to exercise the full acquisition of Peccinin.

Lauro Buoro, Chairman of Nice S.p.A., stated: “This transaction allows Nice to pave an important path to growth in South America through Peccinin’s sizable industrial platform. Through close cooperation with Peccinin’s management, we will rapidly shift towards local production of Nice products for the South American market and expand Peccinin’s current product portfolio”.

Fredericks Michael & Co. acted as the exclusive financial advisor to Nice in the acquisition of Peccinin, assisting across various areas including management of the contacts with the target company, valuation, transaction structuring, due diligence, negotiation and closing. Fredericks Michael & Co. was instrumental in closing this transaction, leveraging its expertise and experience in advising international companies seeking to enter the Brazilian market. This is the second transaction in which FM&Co. has advised Nice on entry into a new market. In 2008, FM&Co. successfully advised Nice on entry into the U.S. market through the acquisition of Apollo Gate Operators.

 

About Nice S.p.A. 

Founded in the early 1990s, Nice S.p.A. is a leader in the home automation sector and is listed on Borsa Italiana S.p.A.’s STAR segment. The Company designs, produces and sells systems for the automation of gates, garage doors, road barriers, parking systems, awnings and blinds for residential, commercial and industrial buildings. Nice also provides wireless alarm systems. The Company’s products stand out for their distinctive combination of technological innovation and design. Nice exports its products to over 100 countries, generating more than 80% of its consolidated revenues outside Italy.

About Peccinin Portões Automáticos 

Founded in 1985 in the state of São Paulo, the company developed a leading role in the rapidly growing South American market through the business prowess of the Peccinin family. Today the company has its own automated and vertically integrated manufacturing facilities with capabilities ranging from thermoplastic molding to the development of electronic components, offering the most complete range of automation systems for gates, doors, barriers, rolling shutters and control electronics. With its advanced technology and acute focus on product quality and safety, Peccinin is a benchmark in Brazil and throughout South America for the application of residential, commercial and industrial automation solutions.

Fredericks Michael & Co. advises Mercados Energy Markets International S.L. (ES) on sale to ÅF AB (STO:AF B) (SE), a global industry leader in the technical consulting sector

Mercados Energy Markets International S.L., a Spain-based energy consulting company with offices in six countries and operations worldwide, has completed the sale of 100% of its shares to ÅF AB. ÅF AB is a Swedish-based publicly traded technical consulting firm considered a global leader in advising on industrial processes, infrastructure projects and the development of products and IT systems. The professionals and senior management of Mercados EMI remain with the company following the sale, and the business combination provides access to a greater pool of customer relationships while reinforcing the global presence and broad package of services offered by ÅF.

Luis M. Caruso, CEO and principal shareholder of Mercados EMI, noted, "We are excited about this pioneering transaction and believe it to be a significant step in Mercados EMI's strategy to expand our international presence and sustain growth, with the objective of doubling our division’s revenues by 2015." ÅF’s leadership commented that the acquisition is an excellent complement to the company’s Energy Division and permits ÅF to address client needs at points further up the value chain.

Fredericks Michael & Co. served as exclusive financial advisor to Mercados EMI in this transaction. Mr. Caruso highlighted that, “FM&Co. provided thoughtful guidance at key decision points during the transaction, identifying numerous attractive potential buyers and streamlining the sale process. FM&Co.’s advice was indispensable in the successful completion of the deal.”

About ÅF AB

ÅF is a global industry leader in the sector of technical consulting, with expertise drawn from more than a century of experience. ÅF offers value-added services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. Today, ÅF has more than 4,500 employees based across Europe, and its operations and clients can be found worldwide. For more information, please visit www.afconsult.com

About Mercados EMI

Headquartered in Madrid, Mercados EMI was founded in 1993 and has established offices in Russia, the UK, Turkey, India and Italy. Mercados EMI has developed an international reputation as a highly regarded technical consultancy with extensive experience in the areas of energy studies, policy design, payment models and energy reform. The company serves as a trusted advisor for clients that include non-governmental financial institutions, industrialized and developing-world governments as well as numerous Fortune 500 companies in more than 40 countries around the world. For more information, please visit www.mercadosemi.com

Fredericks Michael & Co. advised Ingersoll-Rand Company Limited (NYSE:IR) (IE) on the sale of its European commercial refrigeration business, Hussmann Koxka S.L. (ES), to American Industrial Acquisitions Corp. (US)

Fredericks Michael & Co. acted as Ingersoll-Rand Company’s exclusive financial advisor with respect to the sale of its European commercial refrigeration business, Hussmann Koxka S.L., to American Industrial Acquisitions Corp., a diversified manufacturing group with revenues of over US 1 billion.

Ingersoll-Rand plc (NYSE:IR), a world leader in creating and sustaining safe, comfortable and efficient environments, today announced that it has signed an agreement to sell its Koxka European Commercial Refrigeration Equipment business to an affiliate of American Industrial Acquisition Corporation (AIAC Group).

The sale includes two Koxka manufacturing facilities in Spain; one specializes in the production of remote and plug-in refrigerated display cases, reach-in freezers and refrigerators; and the second produces key components for refrigeration applications and heat exchangers. Koxka sells through company-owned sales branches, and through a broad network of distributors. The business employs approximately 445 people and 2010 full year revenues are expected to approximate $80 million.

AIAC Group companies manufacture and sell refrigeration, cooking and food processing equipment including compressors sold under the Cubigel™ brand. Its companies have industrial expertise that includes electronic circuit boards, metal stamping, extrusion, casting, sintering, forging, rolling, precision machining, fabrication, rapid prototyping, injection molding and assembly of complex components and end products for customers worldwide. AIAC is a group of 36 manufacturing facilities with more than 5,300 employees in 13 countries in North America, the European Union, and Asia. Total 2009 annual group revenues were approximately $1 billion.

“The acquisition of Koxka reflects our intention to build upon our refrigeration, cooking and food processing equipment businesses,” said Ramon de la Sota, Senior Vice President, AIAC group. “With its strong manufacturing and distribution channels throughout Europe and the Middle East, Koxka advances our leadership, particularly in Spain, and extends our procurement synergies in compressors and other components.”

Ingersoll Rand (NYSE:IR) is a world leader in creating and sustaining safe, comfortable, and efficient environments in commercial, residential, and industrial markets. The company’s brands include Club Car, Hussmann, Ingersoll Rand, Schlage, Thermo King and Trane, work together to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes, and commercial properties, and increase industrial productivity and efficiency. Ingersoll Rand is a US 13 billion global business committed to sustainable business practices. For more information, visit ingersollrand.com