M&A Deal Summary

Auspex Systems Acquires Alphatronix

On July 1, 1997, Auspex Systems acquired information technology company Alphatronix from Antares Capital

Acquisition Highlights
  • This is Auspex Systems’ 1st transaction in the Information Technology sector.
  • This is Auspex Systems’ 1st transaction in the United States.
  • This is Auspex Systems’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 1997-07-01
Target Alphatronix
Sector Information Technology
Buyer(s) Auspex Systems
Sellers(s) Antares Capital
Deal Type Add-on Acquisition

Target

Alphatronix

Framingham, Massachusetts, United States
Alphatronix provides high performance information storage systems based on rewritable optical disk technologies. Alphatronix is based in Framingham, Massachusetts.

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Buyer(S) 1

Buyer

Auspex Systems

Santa Clara, California, United States

Category Company
Founded 1987
Sector Technology Hardware
Employees233
DESCRIPTION

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DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1997 M&A 1 of 1

Seller(S) 1

SELLER

Antares Capital

Miami, Florida, United States

Investor Investor


Category Private Equity Firm
Founded 1993
Size Small
Type Sector Agnostic
DESCRIPTION

Antares Capital is a private investment group that targets growth capital financings as well as management buyout opportunities. The Firm focuses on investments based in the Southeast US and Texas. Prospective companies generally have proven business models, modest capital requirements for growth, and operate in large and growing markets. The Firm looks to commit $500k to $5 million per investment. Antares will not invest in real estate, mineral exploration, distributors, franchisees, or project financings. Antares was founded in 1993 and is based in Miami, Florida.


DEAL STATS #
Overall 7 of 45
Sector: Information Technology M&A 1 of 3
Type: Add-on Acquisition M&A Deals 4 of 19
State: Massachusetts M&A 1 of 3
Country: United States M&A 6 of 44
Year: 1997 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-19 Masada Security

St. Petersburg, Florida, United States

Masada Security provides security and video surveillance to thousands of residential and commercial customers throughout Tampa Bay. Masada Security was founded in 1998 and is based in St. Petersburg, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-02-01 Dispatch Management Services

Lake Success, New York, United States

Dispatch Management Services is a provider of urgent, on-demand, point-to-point delivery service by foot, bicycle, motorcycle, car and truck and operates in eighteen metropolitan markets in the U.S., U.K., and New Zealand. Dispatch Management Services was founded in 1997 and is based in Lake Success, New York.

Sell -