Complete Multinational Divestiture

PLAISANCE ADVISORS REPRESENTS MULTINATIONAL CORPORATION IN DIVESTITURE

April 2012

Plaisance Advisors, a Chicago-area lower middle market advisory firm, announced today that it has completed the sale of a division of one of its clients.  The client is a large, Asia-based conglomerate and consistent with its internal policies, is not releasing its name in conjunction with this transaction.

The business Plaisance Advisors assisted the client in divesting designs, manufactures and sells industrial products used in shipbuilding, industrial maintenance, mining, construction, demolition, paper mills, and other demanding applications.

Plaisance Advisors was the exclusive financial advisor to the client in this transaction. Terms of the transaction were not disclosed.

After the transaction closed the client stated, “Without Plaisance Advisors we would not have been able to complete this transaction.  The transaction was a much more complicated deal than we had expected but Plaisance Advisors was there to help guide us along the transaction every step of the way.”

John Waller, a Managing Director at Plaisance continued, “This transaction highlights characteristics of many of the projects we complete.  Specifically, both the client and the buyer were sophisticated entities and the transaction was more complex than the client originally expected.  In this case, not only did Plaisance negotiate with the buyer of the business to get the best price and terms, but we also helped in discussions with the client’s contract manufacturer and employees.”

Subsequent to completing the divestiture, the client retained Plaisance Advisors to assist in identifying, contacting, negotiating with and ultimately acquiring companies that complement the client’s remaining businesses.

About Plaisance Advisors

Plaisance Advisors provides cost effective mergers and acquisition advisory services to world-class, industry-leading companies. With nearly 20 years of investment banking experience Plaisance has developed significant industry expertise in select industries, global relationships, and a keen understanding of how to best position a business for sale.  Plaisance’s clients include private business owners, private equity firms and some of the largest corporations in the world.

Plaisance Advisors can be contacted at:

John Waller

Phone: (312) 371-0846

Email: jwaller@plaadv.com