Atlanta & Washington, DC
(October 25, 2007) --
Today, FOCUS, LLC, a national middle market investment banking
firm providing merger, acquisition, divestiture and corporate
finance services, announced they represented Advanced Control
Systems (ACS) in its recent acquisition by EFACEC.
“EFACEC purchased ACS because of its technological
capabilities and loyal customer base in North America, which
aligns with EFACEC’s strategic growth plan,” said
George Shea, regional managing partner of FOCUS. “The
ACS acquisition is a solid FOCUS success story where we were
able to connect a thriving middle market company with a global
organization seeking to strengthen its own international
reach.”
Portugal-based EFACEC is a leading supplier of automation
systems and infrastructure solutions to the global energy
and transport sectors. EFACEC employs more than 2,500 people
in 60 countries worldwide generating revenue in excess of
$600 million.
Founded in 1975, ACS is a provider of smart grid automation
and software solutions for electric utilities. Since its
inception, ACS has delivered more than 500 systems to more
than 250 utilities worldwide.
The sale of ACS to EFACEC comes on the heels of two recent
international deals orchestrated by FOCUS: Dunn Solutions
Group to Cranes Software, based in India; and AGC Engineering
to Alfa Laval, based in Sweden.
About FOCUS, LLC
FOCUS, LLC provides a range of middle market
investment banking services across the U.S. with an emphasis
on mergers, acquisitions, divestitures and corporate finance.
FOCUS is headquartered in Washington, D.C. with regional
offices in Atlanta, Chicago and San Francisco. FOCUS
specializes in business units with transactions or revenues
in the $5-300 million range, serving entrepreneurs, corporate
owners and various types of investors across a broad range
of industries, throughout the U.S. and worldwide. FOCUS
bankers are seasoned operating and financial executives with
extensive transaction experience. Securities transactions
are conducted by affiliated FINRA broker dealer, Wm H. Murphy
Co. For more information on FOCUS, visit www.focusbankers.com. |