Technology

Client/Company Business Transaction
Advanced Ceramics (Cleveland, OH) Manufacturer of high value ceramic shapes and powders Sold to: GE Quartz Advanced Materials Division (Willoughby, OH) of General Electric Company (Fairfield, CT)
Allen Telecom Inc. (Beachwood, OH) Manufacturer of wireless telephone equipment $50,000,000 placement of convertible preferred stock.
Brightpoint Inc. (Indianapolis, IN) Wireless communications distributor $40,422,500 retail public offering of common stock.
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.
Conley, Canitano & Associates (Beachwood, OH) Integrator of SAP information technology for middle market companies Recapitalized by: TA Associates, LP (Boston, MA)
Conley, Canitano & Associates (Beachwood, OH) Integrator of SAP information technology for middle market companies $12,000,000 placement of subordinated notes
Hyland Software, Inc. (Westlake, OH) Developer and distributor of enterprise software that stores, retrieves, and routes document images. Strategic advisory services.
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)
Organichem Inc. (Rensselear, NY) Manufacturer of pharmaceuticals Undisclosed placement of private equity
Park Place International, Inc.
(Chagrin Falls, OH)
Provider of new and refurbished servers, data storage, backup solutions and maintenance programs. Recapitalization by JPMorganChase
Plug Power Inc. (Albany, NY) Designer and manufacturer of alternative energy cells. $55,000,000 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)
SIFCO Industries, Inc. (Cleveland, OH) Large aerospace portion of turbine engine component repair business and certain related assets. Sold to: SR Technics Airfoil Services Limited (Zurich, Switzerland)
Quatech Corp.
(Hudson, OH)
Manufacturer and designer of machine-to-machine connectivity devices. Recapitalization and merger with: DPAC Technologies
Swagelok Company
(Solon, OH)
Designer and manufacturer of high-tech valves. Financial advisory services
Thermagon Inc. (Cleveland, OH) Developer and manufacturer of thermally conductive materials for electronics applications. Sold to: The Laird Group PLC (London, England)