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Aspex

Aspex LLC

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Aspex, LLC, a closely held company based in Delmont, Pennsylvania, is a developer and supplier of fully integrated solutions for automated particle characterization. Its field deployable systems integrate electron microscopy (for geometric measurement) and spectral analysis (for material identification) with proprietary particle characterization software and customized interfaces for each customer’s application. Aspex’s proprietary systems are increasingly being used by technicians worldwide in pharmaceutical, automotive and defense oriented applications for assuring critical cleanliness quality control.

Industrial Technology Ventures, L.P. is a $50 million fund sponsored by Cordova Ventures and HSB Engineering Finance Corporation (a subsidiary of HSB Group/AIG). The fund invests in expansion, mid and late stage companies with proven management teams and proprietary technologies.

OEM Capital was engaged to assist Aspex, LLC in finding a buyer for the company.  Two   private   equity   firms   had sponsored partnerships that been investors in Aspex and its predecessor company for several years and wished to exit. Aspex had revamped its strategic direction a few years earlier and was enjoying recent successes from winning a competitive award for a key US Air Force jet engine maintenance contract and having its new systems qualified by a number of world class companies. However, although the company’s new applications could result in the deployment of a substantial number of systems, the applications for its unique products were still in a relatively early stage of market acceptance and Aspex desired to secure greater substantial sales and distribution resources so as to realize its full potential.

OEM Capital’s success with Aspex illustrates that, whether a business is healthy 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.

Acculogic deal

inTEST Corporation Acquires Acculogic Inc.

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OEM Capital was asked by inTEST Corporation., a publicly traded company (NYSE:INTT) headquartered in Mt. Laurel, New Jersey to help in its acquisition program. inTEST is a global supplier of innovative test and process solutions for use in manufacturing and testing across a wide range of markets including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications.

As a result of OEM Capital’s involvement, inTEST was able to acquire the business of Acculogic Inc. based in Markham, Canada. Acculogic designs, manufactures, and markets systems and instruments for testing electronic devices, circuit boards, and systems.

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inTEST Z-Sciences Tombstone

Z-Sciences Corp.

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OEM Capital was asked by inTEST Corporation., a publicly traded company (NYSE:INTT) headquartered in Mt. Laurel, New Jersey to help in its acquisition program. inTEST is a global supplier of innovative test and process solutions for use in manufacturing and testing across a wide range of markets including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications.

As a result of OEM Capital’s involvement, inTEST was able to acquire the business of Z-Sciences Corp. based in Montreal, Canada. Z-Sciences is a manufacturer and distributor of low-temperature medical chillers.

OEM Capital is a 35-year old technology investment banking firm that provides investment banking services to both public and private companies. Its staff members are all FINRA registered. Services offered include strategic advisory, assistance with mergers and acquisitions, institutional private placement of debt and/or equity, recapitalizations, financial restructurings, and fairness opinions.

OEM Capital’s success with Z-Sciences Corp. illustrates that client objectives can be met by a well-executed approach to a sales program led by investment banking professionals who are knowledgeable about the industry and the intents of its participants.

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Videology

Videology Imaging Systems, Inc.

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OEM Capital was asked by the shareholders of Videology Imaging Solutions, Inc. a privately-held company headquartered in Greenville, Rhode Island, to assist in their liquidity realization objectives. Videology designs, manufactures and sells camera systems for various industries.

inTEST Corporation., is a publicly traded company (NYSE:INTT) headquartered in Mt. Laurel, New Jersey. inTEST is a global supplier of innovative test and process solutions for use in manufacturing and testing across a wide range of markets including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications.

As a result of OEM Capital’s involvement, Videology shareholders were able to realize their financial objectives in a timely manner.

OEM Capital is a 35-year old technology investment banking firm that provides investment banking services to both public and private companies. Its staff members are all FINRA registered. Services offered include strategic advisory, assistance with mergers and acquisitions, institutional private placement of debt and/or equity, recapitalizations, financial restructurings, and fairness opinions.

OEM Capital’s success with Videology illustrates that client objectives can be met by a well-executed approach to a sales program led by investment banking professionals who are knowledgeable about the industry and the intents of its participants.

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VPG DTS

Vishay Precision Group, Inc.

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OEM Capital was asked by Vishay Precision Group, Inc. a publicly traded company (NYSE:VPG) headquartered in Malvern, Pennsylvania, to assist it in their acquisition program. VPG is an internationally recognized designer, manufacturer and marketer of sensors, systems and components based on its resistive foil technology, specializing in stress, force, weight, pressure, and current measurements.

Diversified Technical Systems, Inc., a privately held company headquartered in Seal Beach, California, is a manufacturer of miniature data acquisition systems, data loggers, sensors and associated software.

The transaction price is approximately $47.0 million, subject to customary post-closing adjustments. In 2020, DTS achieved sales of approximately $32 million and an EBITDA margin in excess of 25%.

OEM Capital worked closely with VPG C-level executives to identify strategic acquisitions that could benefit from its existing product portfolio, as well as the sales and distribution resources required to propel the sale of products on a more global scale. As a result of our involvement, VPG was able to realize its objectives in a timely manner.

OEM Capital (www.oemcapital.com) is a 35-year old technology investment banking firm that provides investment banking services to both public and private companies. Its staff members are all FINRA registered. Services offered include strategic advisory, assistance with mergers and acquisitions, institutional private placement of debt and/or equity, recapitalizations, financial restructurings, and fairness opinions. OEM Capital’s success with Vishay Precision Group, Inc. illustrates that client objectives can be met by a well-executed approach to a curated acquisition program led by investment banking professionals who are knowledgeable about the industry and the intents of its participants.

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Tegam AEI Tombstone Template

Tegam, Inc.

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OEM Capital was asked by the shareholders of Tegam, Inc. a privately held company headquartered in Geneva, Ohio, to assist in their liquidity realization objectives. Tegam designs, manufactures, calibrates and sells high frequency power, temperature and grounding/bonding instrumentation for the semiconductor, aerospace and food processing industries.

Advanced Energy Industries, Inc., is a publicly traded company (Nasdaq:AEIS) headquartered in Denver, Colorado. It is a designer and manufacturer of highly engineered, precision power conversion, measurement, and control solutions for mission-critical applications and processes.

OEM Capital worked with Tegam to help improve its profitability and growth prospects and install world class procedures that would make it highly attractive to prospective purchases. It also worked to identify a number of strategic acquirers that could benefit from its existing product portfolio. As a result of OEM Capital’s involvement, Tegam shareholders were able to realize their financial objectives in a timely manner.

OEM Capital (www.oemcapital.com) is a 35-year old technology investment banking firm that provides investment banking services to both public and private companies. Its staff members are all FINRA registered. Services offered include strategic advisory, assistance with mergers and acquisitions, institutional private placement of debt and/or equity, recapitalizations, financial restructurings, and fairness opinions.

OEM Capital’s success with Tegam, Inc. illustrates that client objectives can be met by a well-executed approach to a sales program led by investment banking professionals who are knowledgeable about the industry and the intents of its participants.

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A2_Tombstone

A2 Technologies

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OEM Capital was asked by the members of A2 Technologies, LLC, a privately held technology company, to assist in the sale of the company to a strategic acquirer.

A2 Technologies, LLC based in Danbury, Connecticut, designs and manufactures portable and lab-based FTIR spectrometers used in a variety of analytical applications for companies in the geoscience, environmental, petrochemical, aerospace, academic, and art conservation industries.

Agilent Technologies, Inc. a publicly traded company (NYSE:A) based in Santa Clara, California, designs, manufactures, and markets analytical instruments used in chemical analysis, life sciences, electronics, and communications applications.

OEM Capital worked closely with the A2 management team to identify a group of strategic acquirers that would benefit from A2’s existing product portfolio, as well as provide the sales and distribution resources required to propel the sale of A2’s products on a more global scale. As a result of our involvement in the sale process, the members of A2 Technologies were able to realize their objectives in a timely manner.

OEM Capital (www.oemcapital.com) is a FINRA registered technology investment banking firm that provides corporate financial advisory services to both public and private companies. Services offered include strategic advisory, advice on mergers and acquisitions, private placement of debt and/or equity, recapitalizations and financial restructurings, and fairness opinions.

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Coda

Coda Devices

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OEM Capital® teamed with Diamond Capital Advisors in the sale of Coda Devices, which develops and manufactures Raman-based solutions for analyzing the chemical composition of substances. Its R&D center and production facilities are situated in Moscow, Russia.

Thorlabs, Inc. a privately held photonics products manufacturer, serves the laser and electro-optics research market.

OEM Capital® (www.oemcapital.com) is a technology investment banking firm that provides corporate financial advisory services to both public and private companies. Services offered include strategic advisory, advice on mergers and acquisitions, private placement of debt and/or equity, recapitalizations and financial restructurings, and fairness opinions. Securities are offered through Hamilton Grant LLC, a member of FINRA.

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Sensit_Tombstone Template

Halma

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OEM Capital® has completed its 13th acquisition for Halma plc. Sensit Technologies LLC manufactures equipment and designs technologies that enable natural gas utilities to detect leaks, protecting workers in the natural gas distribution industry, ensuring compliance with regulatory standards, and reducing climate change effects by minimizing emissions of methane. 

OEM Capital® ( www.oemcapital.com) is a technology investment banking firm that provides corporate financial advisory services to both public and private companies. Services offered include strategic advisory, advice on mergers and acquisitions, private placement of debt and/or equity, recapitalizations and financial restructurings, and fairness opinions. Securities offered through Hamilton Grant LLC, a member of FINRA.

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Ondax Tombstone

Ondax, Inc.

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Ondax, Inc.

OEM Capital was asked to assist Ondax, Inc. in helping to manage the sale or merger of its business to find a strategic partner and help unlock shareholder value.  We strongly believed that the best way to accomplish this was by merging it with an attractive, publicly traded company.

Ondax, Inc., a closely held company based in Monrovia, California is a technology and market leader in the design, manufacture and marketing of high-performance holographic optical filters, wavelength-stabilized laser sources, and high-performance Raman spectroscopy systems for a wide range of industrial, scientific, defense and medical applications.

Coherent, Inc., a US$2,000 million publicly held company (Nasdaq: COHR) based in Santa Clara, California, is a global leader in lasers and laser-based technology in a range of scientific, commercial, and industrial applications.

OEM Capital teamed with Diamond Capital Advisors LLC, a West Coast firm also affiliated with the Alliance of Independent Corporate Advisors (AICA) to help develop comprehensive marketing materials showing the profit impact from increasing revenues of its business.  These were used to help position the company for the highest value. We then used our worldwide industry contacts to network with a number of key executives at the companies we had targeted.

OEM Capital’s success with Ondax, Inc. illustrates that 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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