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Fredericks Michael & Co. advises Vaisala Oyj (NASDAQOMX:VAIAS) on the acquisition of Quixote Transportation Technologies, Inc. from Quixote Corporation (NASDAQGM:QUIX)
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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. (FM&Co.) acted as Vaisala’s exclusive financial advisor with respect to the acquisition of Quixote Transportation Technologies, Inc. (Durham, NC) from Quixote Corporation (Chicago, IL) including advising on valuation, structuring, due diligence and negotiations through closing.
The acquisition of Quixote Transportation Technologies, Inc. (“QTT”) 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.
For over 20 years, Fredericks Michael & Co. has served as financial advisor to large corporations, private and family-controlled businesses, and financial sponsors seeking to execute cross-border mergers, acquisitions, divestitures and strategic alliances in Europe, the Americas and Asia. In addition to its extensive expertise in all aspects of cross-border transactions, FM&Co.'s private ownership, its commitment to service and confidentiality, its approach towards developing long term relationships are key factors for being selected as an advisor on M&A transactions. With offices in New York and London, FM&Co. offers its clients the critical knowledge, cross-cultural understanding and industry relationships needed to carry out transactions in a time efficient, thorough and discreet manner.
