M&A Deal Summary

Amano USA Holdings Acquires Industrial Time & Systems Inc

On October 3, 2006, Amano USA Holdings acquired technology hardware company Industrial Time & Systems Inc

Acquisition Highlights
  • This is Amano USA Holdings’ 1st transaction in the Technology Hardware sector.
  • This is Amano USA Holdings’ 1st transaction in the United States.
  • This is Amano USA Holdings’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2006-10-03
Target Industrial Time & Systems Inc
Sector Technology Hardware
Buyer(s) Amano USA Holdings
Deal Type Add-on Acquisition

Target

Industrial Time & Systems Inc

Connecticut, United States
Industrial Time & Systems a full service provider for parking, time & attendance and security systems focused on delivering to customers comprehensive solutions with hardware, software, services.

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Buyer(S) 1

Buyer

Amano USA Holdings

Roseland, New Jersey, United States

Category Company
Founded 1990
Sector Electronics
DESCRIPTION

Amano USA Holdings engages in Time Recording, Access Control, Automated Parking and Cleaning Systems.


DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Connecticut) 1 of 2
Country (United States) 1 of 2
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-02 Accu-Time Systems

Ellington, Connecticut, United States

Accu-Time Systems is a developer, manufacturer, and supplier of biometric and non-biometric terminals to the Time and Attendance and Workforce Management industry in the USA and more recently into Europe and other export markets.

Buy -