M&A Deal Summary

Acromag Acquires Xembedded

On May 1, 2012, Acromag acquired technology hardware company Xembedded from Quantum Ventures of Michigan

Acquisition Highlights
  • This is Acromag’s 1st transaction in the Technology Hardware sector.
  • This is Acromag’s 1st transaction in the United States.
  • This is Acromag’s 1st transaction in Michigan.

M&A Deal Summary

Date 2012-05-01
Target Xembedded
Sector Technology Hardware
Buyer(s) Acromag
Sellers(s) Quantum Ventures of Michigan
Deal Type Add-on Acquisition

Target

Xembedded

Ann Arbor, Michigan, United States
Xembedded LLC, established as Xycom in 1969 as a US manufacturer of VME/cPCI processor and I/O modules, is pleased to announce the release of its initial VPX products.

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Buyer(S) 1

Buyer

Acromag

Wixom, Michigan, United States

Category Company
Sector Engineering
DESCRIPTION

Acromag is a multi-million dollar international corporation that combines more than 50 years of process monitoring and control experience with a solid background in high-tech computer design. Established in 1957, Acromag built its reputation designing critical measurement instrumentation equipment for the petrochemical and aerospace industries. Acromag, Inc. was soon recognized internationally as a leading designer of analog and digital control products for the industrial I/O market.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Quantum Ventures of Michigan

Auburn Hills, Michigan, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

Quantum Ventures of Michigan is a private investment and corporate development firm focused on middle-market stand-alone company and corporate divestiture acquisitions. Quantum targets companies with revenues of $1 to $50 million and EBITDA between $0.5 and $5 million. The Firm's preferred transaction size is $2 to $10 million. Quantum will consider investments in automotive parts, industrial manufacturing, industrial distribution, industrial equipment, financial services, sports equipment, internet services and media, and software development. Prospective transaction situations include leveraged buyouts, management buyouts, recapitalizations, expansion capital, and selective turnaround situations. Quantum Ventures of Michigan is based in Troy, Michigan.


DEAL STATS #
Overall 5 of 8
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
State: Michigan M&A 4 of 6
Country: United States M&A 5 of 8
Year: 2012 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-01 Coating Specialists

Auburn Hills, Michigan, United States

Coating Specialists, LLC is a global provider of a unique line of antimicrobial products that continually inhibit the growth of harmful bacteria, mold and fungi on virtually any surface or textile for up to three years. Its environmentally friendly, non-toxic antimicrobial treatments are used to minimize the spread of disease and improve indoor environments in a variety of industries, including: health care, education, sports, veterinary medicine, and hospitality.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 Yobi

West Bloomfield, Michigan, United States

Yobi.tv is the revolutionary online network that allows talented people the opportunity to win cash prizes and life-changing experiences. Contestants submit their videos or images into one of four contest channels: YOBISing (singing), YOBIFilm (filmmaking), YOBIPics (photography), and YOBILaugh (comedy). Winners are determined by user votes.

Sell -