Pascall Electronics

Pascall Electronics

Pascall Electronics

Pascall Electronics Ltd., a wholly owned subsidiary of Intelek plc, a London Stock Exchange listed company specializes in rugged power supplies and components for radar and electronic warfare receivers, navigation and location equipment, communication and marine safety systems.

Emrise Corporation is a publicly traded company headquartered in Rancho Cucamonga , California with annual revenues of approximately US$50 million. The acquisition of Pascall Electronics Ltd. expands its activities in specialized products for the aerospace and communications industries and affords it an entry into the high frequency amplifier marketplace.

OEM Capital was asked to assist Emrise Corporation in its merger and acquisition program. The company believed that, to maximize shareholder value, it was strategically important that it undertake an aggressive acquisition program.

OEM Capital worked closely with Emrise’s management to identify, evaluate and approach suitable acquisition candidates that could be a strategic complement to its business and then help structure the transaction and assist in negotiations with Intelek.

Our international reach allowed Emrise to review acquisition candidates throughout North America and Europe.

As a result of our involvement, Emrise Corporation was able to conclude a transaction where there is not only strong operational and geographical synergy with its operations, but which is expected to be highly accretive its earnings and contribute significantly to its earnings per share. This is the second acquisition we have helped Emrise complete in the past year . Since our involvement began, Emrise’s market capitalization has increased tenfold.

Our success with Emrise Corporation illustrates that , whether a business is healthy, under performing or distressed, superior valuations can be realized for the selling shareholders by a well-executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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