Fairmount Partners Spring News

Fairmount is the most active M&A firm based in the Mid-Atlantic, with a national and international practice.  Since 2003, the firm has completed more than 185 transactions throughout North and South America, Europe, Asia and Australia.   Fairmount specializes in advising middle-market companies on sell-side, buy-side and capital placement transactions, and provides fairness opinions and strategic advice in the transaction context.

  • Represented Artech Information Systems LLC, a provider of workforce solutions, IT consulting, and SOW-project services, in its acquisition of Tech-Pro, Inc., a Minneapolis, MN-based information technology solutions company.  Artech is a minority- and women-owned business enterprise (MWBE) headquartered in Morristown, NJ.  Artech employs over 7,200 professionals and maintains over 25 locations across the U.S., India, and China. Artech was founded in 1992 and today is a Tier-1/Preferred Supplier to more than 70 Fortune 500 companies and numerous federal and state government agencies.
  • Represented Teletronics Technology Corporation (“TTC”) “in a process that culminated in an announced sale for $233 mllion in cash to Curtiss-Wright Corporation (NYSE: CW),  a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. TTC, a private company, is a leading designer and manufacturer of high-technology data acquisition and comprehensive flight test instrumentation systems for critical aerospace and defense applications. The acquired business will operate within Curtiss-Wright’s Defense segment, and completion of the transaction is expected in January, pending government approval.
  • Represented Collaborative Consulting, LLC in its sale to CGI Group Inc. (NYSE: GIB) (TSX: GIB.A).  Collaborative brings skills, experience and deep relationships in high-growth, in-demand IT services that improve usability, functionality and performance of digital technology and information management systems for its clients.  With a head office in Boston, MA and nearly 400 professionals, Collaborative generates annualized revenue of approximately $76 million.
  • Represented GroundLink in its acquisition by Marcou Transportation Group (“MTG”), the parent company of Dav El | BostonCoach.  GroundLink is a tech-enabled provider of executive black car service in major cities throughout the world. GroundLink has offices in North America and Europe, with its headquarters in New York, NY.  Dav El│BostonCoach is the largest privately owned chauffeured transportation company in the world. Marcou Transportation acquired GroundLink and software provider to the limousine industry, Limo Anywhere, to help MTG finalize its direct on-demand product for the corporate travel space.
  • Represented QS Pharma, a pharmaceutical contract development and manufacturing organization (CDMO) based in Philadelphia, in their sale to Quotient Clinical, an early phase drug development services company based in Nottingham, UK.  QS Pharma was owned by Charles River Laboratories (NYSE: CRL) who acquired the business as part of its 2016 acquisition of WIL Research.  Founded in 2002, QS Pharma specializes in the formulation development, analytical lab services, and manufacturing of small molecule drug products, from the early stages of development through to product commercialization.  Fairmount previously sold three businesses to Charles River Labs.
  • Represented Infusion, a global software engineering, design and digital strategy firm that delivers digital business transformation for the enterprise with strong Microsoft technology expertise, in their sale to Avanade, the leading provider of innovative digital and cloud services, business solutions and design-led experiences delivered through the power of people and the Microsoft ecosystem. Infusion, a major global software engineering and digital strategy firm, has 600 employees globally with offices in New York, Raleigh, Houston and London, and innovation centers in Toronto and in Wroclaw and Krakow, Poland, which expands Avanade’s operations in Europe. In addition to financial services companies, Infusion also serves clients in the oil & gas, retail, healthcare, education, and travel & leisure industries. “Infusion selected Fairmount Partners as its investment banking advisor because of the quality and depth of its historical relationships with firms like ours. The unique complexities of our successful transaction with Avanade/Accenture required a very strong investment banking team. Fairmount provided that and supported our Infusion team superbly throughout the entire process,” remarked DeBorah Brill, Co-Founder of Infusion.

©2017 PACT All Rights Reserved