M&A Deal Summary

Planar Systems Acquires Clarity Visual Systems

On September 12, 2006, Planar Systems acquired technology hardware company Clarity Visual Systems from Needham Capital Partners

Acquisition Highlights
  • This is Planar Systems’ 1st transaction in the Technology Hardware sector.
  • This is Planar Systems’ 4th transaction in the United States.
  • This is Planar Systems’ 1st transaction in Oregon.

M&A Deal Summary
Date 2006-09-12
Target Clarity Visual Systems
Sector Technology Hardware
Buyer(s) Planar Systems
Sellers(s) Needham Capital Partners
Deal Type Add-on Acquisition

Target

Clarity Visual Systems

Beaverton, Oregon, United States
Clarity Visual Systems, Inc. is a developer of network-enabled display systems for retail signage and data visualization applications.

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Buyer(S) 1

Buyer

Planar Systems

Beaverton, Oregon, United States
Category Company
Founded 1983
Sector Technology Hardware
Employees308
Revenue 179M USD (2014)
DESCRIPTION

Planar Systems, Inc. is a global provider of display and digital signage technology to retailers, educational institutions, government agencies, businesses, utilities and energy firms, and home theater enthusiasts.

DEAL STATS #
Overall 4 of 6
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 4 of 6
State (Oregon) 1 of 3
Country (United States) 4 of 6
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-03-19 DOME Imaging Systems

Waltham, Massachusetts, United States

DOME Imaging Systems, Inc. is a provider of flat panel display solutions. DOME's display systems for diagnostic imaging.

Buy $61M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-23 Runco International

Beaverton, Oregon, United States

Runco International, Inc. is a manufacturer of display devices. Runco provideds home theater solutions and broad display technology.

Buy $37M

Seller(S) 1

SELLER

Needham Capital Partners

New York, New York, United States
Category Private Equity Firm
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Needham Capital Partners is the private equity affiliate of mid-market investment bank Needham & Company. Needham Capital targets investments in clean technology, communications, consumer, financial services, healthcare, semiconductor, enterprise software/storage, networking, and industrial service companies. The Firm prefers to act as the lead investor and has a target investment size of $2 to $10 million. Investment proceeds are typically used to finance growth, or fund management buyouts/recapitalizations. Prospective companies are generally located in the US. Needham Capital Partners is based in New York City, with additional offices in Boston, Menlo Park, and San Francisco.

DEAL STATS #
Overall 36 of 55
Sector (Technology Hardware) 4 of 4
Type (Add-on Acquisition) 18 of 31
State (Oregon) 1 of 1
Country (United States) 35 of 54
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-30 Neophotonics

San Jose, California, United States

Neophotonics is a designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. Neophotonics was founded in 1996 and is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-20 Loadstar Sensors

Fremont, California, United States

Loadstar Sensors, Inc. designs and manufactures capacitive sensors for automotive, aerospace, medical device and industrial applications.

Buy -
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