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Ron Klammer

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Electronics_AST_Macro

American Sensor Technologies

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American Sensor Technologies (“AST”)

American Sensor Technologies (“AST”) designs, manufactures and sells high reliability, high performance pressure sensors incorporating state-of-the-art Micro Electro Mechanical Structures (MEMS) nano-technology. The Company was established in 1999, and today AST is the recognized leader in high-performance pressure sensors utilizing MEMS technology for applications that require low cost and superior performance.

Macro Sensors is a leader in Linear Variable Differential Transformer (LVDT) based position sensors and support electronics. Serving many of the same markets and customers, Macro Sensors was immediately accretive to ASTs earnings.

OEM Capital is a merger and acquisition advisory firm with its primary focus on electronics, communications, software and information technology companies. Its professionals have extensive experience in the industries that they cover. As a member firm in the International Network of M&A Partners, (IMAP), OEM Capital is able to expose its clients to potential acquisitions in every major technology market in the world.

OEM Capital can also assist companies in achieving their strategic plans for growth by arranging for growth capital or acquisition financing. For AST, mezzanine financing was secured to finance the acquisition of Macro Sensors.

OEM Capital’s success with buy-side clients illustrates that strategic acquisitions can work to create shareholder value and enhance long-term financial performance. We work as an extension of our client’s corporate development team, and can often add-value by convincing the “not for sale” acquisition target that a strategic sale to a synergistic partner is in the best interests of all shareholders and managers.

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electronics_Astrosystems_NAI

Astrosystems-NAI

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Astrosystems

Astrosystems, Inc., a publicly held company based in Lake Success , New York , is listed on NASDAQ. It supplies AC frequency sources, power converters, uninterruptible power supplies, motion sensors and control devices as well as power supplies to industrial and defense oriented customers.

OEM Capital was asked to assist Astrosystems, Inc. in selling all of its operating businesses prior to a contemplated shareholder distribution. Since each of our client’s three businesses addressed distinct markets, we developed a sales program to find synergistic buyers for each business in order to maximize shareholder value.

OEM Capital worked closely with management to prepare detailed historical and budgetary financial data showing the performance of each product line and tying the results to the company’s audited financial statements. Although the historical performance and fortunes of each business were very different, we knew offering them as product lines would make them attractive to the largest number of bidders.

Our presentations elicited several offers for each business, with a few of the bidders indicating interest in more than one. Since we wished to coordinate the sale of the three businesses so as to minimize the expense to Astrosystems, Inc., it was necessary to assess not only the attractiveness of each offer but the flexibility of each bidder. As a result of our program, our client was able to conclude the divestitures in a timely manner, realize a premium price over book value and allow a large number of its employees to be hired by the purchasers.

Our success with Astrosystems, Inc. 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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Atlantic_Microwave_Tombstone Cobham

Atlantic Microwave Corporation

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Atlantic Microwave Corporation

OEM Capital sold Atlantic Microwave Corporation of Bolton , Massachusetts , a closely held company, to a wholly owned subsidiary of Chelton Communication Systems, Inc., a member of the Cobham Group of Companies with its headquarters in the United Kingdom . OEM Capital was retained to develop and execute a strategy to assist the selling shareholders in maximizing the value of their holdings.

Atlantic Microwave Corporation designs and manufactures microwave components and assemblies for radar, electronic warfare and communications applications. Atlantic Microwave Corporation is noted for its diversity of active and passive component technologies and has an enviable reputation for unique, customized solutions to the most demanding performance requirements.

The Cobham Group of Companies specializes in airborne antennas, static discharge devices, homing systems and receivers for commercial and military applications.

As a result of OEM Capital’s efforts, the selling shareholders were able to realize a value for their holdings at approximately four times the book value at closing and one times annual revenue. This was at a time when the market value of much larger publicly traded defense oriented electronics companies of a comparable size with similar products, measured as a multiple of annual revenue, averaged half of the multiple the shareholders of Atlantic Microwave Corporation realized.

Our success with Atlantic Microwave 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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computers_and_peripherals_Astrosystems_orbit

Behlman

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Astrosystems, Inc.

Astrosystems, Inc., a publicly held company based in Lake Success, New York, is listed on NASDAQ. It supplies AC frequency sources, power converters, uninterruptible power supplies, motion sensors and control devices as well as power supplies to industrial and defense oriented customers.

OEM Capital was asked to assist Astrosystems, Inc. in selling all of its operating businesses prior to a contemplated shareholder distribution. Since each of our client’s three businesses addressed distinct markets, we developed a sales program to find synergistic buyers for each business in order to maximize shareholder value.

OEM Capital worked closely with management to prepare detailed historical and budgetary financial data showing the performance of each product line and tying the results to the company’s audited financial statements. Although the historical performance and fortunes of each business were very different, we knew offering them as product lines would make them attractive to the largest number of bidders.

Our presentations elicited several offers for each business, with a few of the bidders indicating interest in more than one. Since we wished to coordinate the sale of the three businesses so as to minimize the expense to Astrosystems, Inc., it was necessary to assess not only the attractiveness of each offer but the flexibility of each bidder. As a result of our program, our client was able to conclude the divestitures in a timely manner, realize a premium price over book value and allow a large number of its employees to be hired by the purchasers.

Our success with Astrosystems, Inc. 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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belgrave_CETEC

Belgrave Industries, Inc.

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Belgrave Industries

Belgrave Industries, Inc., a closely held company with annual revenues of approximately US$18 million is based in El Monte, California with operations throughout the Greater Los Angeles area. The company is engaged in the development of marine electronics, electronics parts distribution software, plastics molding and parts remanufacturing services.

OEM Capital was asked to assist Belgrave Industries, Inc. in securing acquisition financing to purchase certain assets of Cetec Corporation located in Southern California. We had previously identified Cetec Corporation’s audio business as an excellent strategic fit for Mark IV lndustries, Inc.’s EV subsidiary and worked as the financial advisor to Mark IV Industries, Inc. to assist it in the purchase of Cetec Corporation. However, Mark IV Industries, Inc. did not wish to retain those businesses for which EV did not have a strategic interest.

The management of Mark IV lndustries, Inc. encouraged us to form a private equity group to purchase the unwanted assets.

We secured operating management, helped it prepare a financial plan that stressed the potential of each of the company’s businesses and, along with marketing materials, approached investors and lenders.

OEM Capital’s presentation of the company’s business prospects to a number of investors and lenders secured the required funding from Security Pacific Bank, Norwood Venture Corporation, several private investors and Mark IV Industries, Inc. In addition, our principals sponsored and co-invested in the transaction. The financing allowed Belgrave Industries, Inc. to close on the transaction in a timely manner while providing its operations with working capital.

Our success with Belgrave lndustries, Inc. 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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electronics_Belgrave_Norwood

Belgrave Industries – Norwood

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Belgrave Industries

Belgrave Industries, Inc., a closely held company with annual revenues of approximately US$18 million is based in El Monte , California with operations throughout the Greater Los Angeles area. The company is engaged in the development of marine electronics, electronics parts distribution software, plastics molding and parts remanufacturing services.

OEM Capital was asked to assist Belgrave Industries, Inc. in securing acquisition financing to purchase certain assets of Cetec Corporation located in Southern California . We had previously identified Cetec Corporation’s audio business as an excellent strategic fit for Mark IV lndustries, Inc.’s EV subsidiary and worked as the financial advisor to Mark IV Industries, Inc. to assist it in the purchase of Cetec Corporation . However, Mark IV Industries, Inc. did not wish to retain those businesses for which EV did not have a strategic interest.

The management of Mark IV lndustries, Inc. encouraged us to form a private equity group to purchase the unwanted assets. We secured operating management, helped it prepare a financial plan that stressed the potential of each of the company’s businesses and, along with marketing materials, approached investors and lenders.

OEM Capital’s presentation of the company’s business prospects to a number of investors and lenders secured the required funding from Security Pacific Bank, Norwood Venture Corporation, several private investors and Mark IV Industries, Inc. In addition, our principals sponsored and co-invested in the transaction. The financing allowed Belgrave Industries, Inc. to close on the transaction in a timely manner while providing its operations with working capital.

 

Our success with Belgrave lndustries, Inc. 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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electronics_Belgrave_Security_Pacific

Belgrave Industries -Security Pacific Bank

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Belgrave Industries

Belgrave Industries, Inc., a closely held company with annual revenues of approximately US$18 million is based in El Monte , California with operations throughout the Greater Los Angeles area. The company is engaged in the development of marine electronics, electronics parts distribution software, plastics molding and parts remanufacturing services.

OEM Capital was asked to assist Belgrave Industries, Inc. in securing acquisition financing to purchase certain assets of Cetec Corporation located in Southern California . We had previously identified Cetec Corporation’s audio business as an excellent strategic fit for Mark IV lndustries, Inc.’s EV subsidiary and worked as the financial advisor to Mark IV Industries, Inc. to assist it in the purchase of Cetec Corporation . However, Mark IV Industries, Inc. did not wish to retain those businesses for which EV did not have a strategic interest.

The management of Mark IV lndustries, Inc. encouraged us to form a private equity group to purchase the unwanted assets. We secured operating management, helped it prepare a financial plan that stressed the potential of each of the company’s businesses and, along with marketing materials, approached investors and lenders.

OEM Capital’s presentation of the company’s business prospects to a number of investors and lenders secured the required funding from Security Pacific Bank, Norwood Venture Corporation, several private investors and Mark IV Industries, Inc. In addition, our principals sponsored and co-invested in the transaction. The financing allowed Belgrave Industries, Inc. to close on the transaction in a timely manner while providing its operations with working capital.

Our success with Belgrave lndustries, Inc. 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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electronics_benmar

Benmar Marine Electronics

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Benmar Marine Electronics

Benmar Marine Electronics, Inc., a wholly owned subsidiary of Belgrave Industries, Inc., is based in Newport Beach , California . The company provides marine navigation and control products to the recreational and commercial boating industry.

Datamarine International, Inc., headquartered in Mountlake Terrace , Washington is a publicly traded company that manufactures marine and land radios and navigational instruments, such as depth sounders, knotmeters, water temperature gauges, and wind speed and direction indicators.

OEM Capital was asked to assist Belgrave Industries, Inc. in selling its Benmar Marine Electronics business. The timely closing of a transaction helped Belgrave Industries, Inc. in its plan of reorganization.

As a result of our involvement in properly presenting the company to the most appropriate audience and our management of the sale process, our client was able to realize a timely transaction.

Our success with Belgrave lndustries, Inc. 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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Carico_Systems_OEM_FORMAT

Carico Systems

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Carico Systems

OEM Capital assisted Cowin Global in its acquisition of Carico Systems, Inc.

As a result of our involvement, Cowin Global was able to acquire a business whose industry reputation for quality, complimentary product portfolio, and existing market presence provided a valuable platform for establishing a presence in the US market.

Carico Systems, Inc. designs, manufactures, and markets material handling equipment.

Cowin Global is a privately-owned company with extensive international operations that provides low-cost, high-quality, high-volume manufacturing, surface treatment, and third-party sourcing services. The Company’s services are primarily used in applications for the storage, transport, handling, and distribution of materials.

OEM Capital is a specialty investment banking firm offering corporate finance advisory services to both public and private electronics, communications, software, and information technology companies. Services offered include strategic advisory, mergers and acquisitions advisory, private placements of debt and equity, PIPEs, recapitalizations and restructurings, and financial opinions.

OEM Capital‘s professionals have extensive experience in the industries they cover, and as a founding member of the Alliance of International Corporate Advisors (AICA), OEM Capital can provide our clients with access to transactions on a global scale, in every major technology market in the world.

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software_cetec

Cetec Corporation

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Cetec Corporation

Cetec Software Services, Inc., is a wholly-owned subsidiary of Belgrave Industries, Inc., a closely held company with annual revenues of approximately US$18 million. Belgrave Industries, Inc. is based in El Monte , California with operations throughout the Greater Los Angeles area. Cetec Software Services, Inc. is engaged in the development and sale of an enterprise wide software suite for electronics distributors.

OEM Capital worked closely with the management of Cetec Software Services, Inc. to assist it in the purchase of the business from Belgrave Industries, Inc. shortly after the formation of Belgrave Industries, Inc. Belgrave Industries, Inc. had determined that a software business did not fit its strategic objectives and, therefore, did not wish to invest in migrating the software to a new operating system. A prompt sale of Cetec Software Services allowed Belgrave Industries, Inc. to reduce its debt and concentrate on its core businesses.

Our success with Cetec Software Services, Inc. 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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