Electrical and Electronics

Client/Company Business Transaction
Allen Telecom Inc.(Beachwood, OH) Manufacturer of wireless telephone equipment $50,000,000 placement of convertible preferred stock.
American Precision Industries Inc. (Buffalo, NY) Multi-national manufacturer of high performance precision motion control products and systems and heat transfer equipment. Sold to: Danaher Corp. (Washington, DC)
Chicago Miniature Lamp (Boston, MA) Manufacturer of highly engineered lighting fixtures $123,900,000 follow-on offering of common stock.
Cleveland Machine Controls, Inc. (Cleveland, OH) Manufacturer of industrial drives, drive systems and sensors. Sold to: International Motion Control Corp. (Orchard Park, NY)
Commercial and Industrial Wiring Device Business (Ponce, Puerto Rico) of General Electric Lighting Co. Subsidiary (East Cleveland, OH), of General Electric Company (Fairfield, CT) Manufacturer of electrical outlets and wiring devices Sold to: Pass & Seymour Legrand (Paris, France)
Computational Systems Inc. (Knoxville, TN) Developer and provider of highly engineered predictive maintenance equipment and services. $21,875,000 follow-on offering of common stock.
Computational Systems, Inc. (Knoxville, TN) Developer and provider of highly engineered predictive maintenance equipment and services. Sold to: Emerson Electric Company (St. Louis, MO)
Group Dekko, consisting of Pent Technologies, Inc. and Dekko Technologies, Inc. (Kendallville, IN) Provider of highly engineered electrical, wire, plastic and metal subcomponents and finished products for diverse end markets. Sold to: Centre Partners Management LLC (New York, NY, Los Angeles, CA and Dallas, TX)
Hupp Company and DCM Corp. Subsidiaries (Cleveland, OH), of Blaw Knox Corporation (Pittsburgh, PA) Manufacturers of fuel-fired vehicle heaters, custom air conditioners and fractional horsepower DC motors. Sold to: Sunderland Holdings Corp. (Washington, DC)
Industrial Data Technologies Corporation (Columbus, OH) Leading manufacturer of graphics-based, man-machine interface hardware and software to automate industrial processes. Sold to: Eaton Corporation (Cleveland, OH)
Novar Electronics Corporation (Barberton, OH) Designer and manufacturer of proprietary, state-of-the-art security and HVAC control systems. Sold to: RTZ Corporation PLC (London, England)
Pioneer-Standard Electronics (Cleveland, OH) Distributor of computer systems and electronic components $44,850,000 follow-on offering of common stock
Plantronics, Inc. (Santa Cruz, CA) Leading designer, manufacturer and marketer of communication headsets $88,750,000 follow-on offering of common stock
Plantronics, Inc. (Santa Cruz, CA) Leading designer, manufacturer and marketer of communication headsets $104,075,000 follow-on offering of common stock
Praegitzer Industries, Inc. (Dallas, TX) Designer and manufacturer of circuit boards for both quick-turn and high volume requirements. Sold to: TYCO International Ltd. (Boca Raton, FL)
Quatech Corp.
(Hudson, OH)
Manufacturer and designer of machine-to-machine connectivity devices. Recapitalization and merger with DPAC Technologies
SATEC Systems, Inc. (Grove City, PA) Manufacturer of static stress testing instrumentation. Sold to: SSI Acquisition Co. (Cleveland, OH)
TeleZapper Product Line of Royal Appliance Mfg., Co. (Glenwillow, OH) Anti-telemarketing product line Sold to: VTech Communications Inc. (Beaverton, OR)
The Lincoln Electric Company (Euclid, OH) Manufacturing of electrical resistance welding equipment. $126,000,000 initial public offering of common stock.
Thermagon Inc. (Cleveland, OH) Developer and manufacturer of thermally conductive materials for electronics applications. Sold to: The Laird Group PLC (London, England)
TMS Analytical Services, Inc. (Indianapolis, IN) Provider of environmental testing services for the Environment Protection Agency, state governments and private companies. Sold to: Somerset Group, Inc. (Indianapolis, IN)
Weltronic/Tecnitron, Inc. Subsidiary (Carol Stream, IL) of Ransburg Corporation (Indianapolis, IN) Manufacturer of resistance welding controls. Sold to: Nagoya Dengensha Co., Ltd. (Nagoya, Japan)
Zanxx, Inc. (Avilla, IN) Manufacturer of lamp sockets, lighting assemblies and other electrical components for the automotive industry. Sold to: Cooper Industries Inc. (Houston, TX)