Elan Home Systems Transaction Info

Transient

Client: Montgomery Shelton LLC, a private-equity firm

Transaction: Sale of private-equity owned Elan Home Systems to Nortek, Inc.

Company Description: Elan designed and produced home entertainment and home automation systems.

Summary: Plaisance Advisors marketed Elan to a group of select private equity firms and potential strategic acquirers.  After a thorough and professional sale process, Elan was sold to Nortek.