REVOLUTION PARTNERS RECORDS BEST MONTH IN FIRM HISTORY
 

Boutique Investment Bank Announces Multiple Deals in May 2004

Boston, MA (June 29, 2004) -- Revolution Partners, LLC, a technology investment banking boutique specializing in mergers and acquisitions, as well as private capital fundraising, announced its best month in firm history. The firm closed or announced five transactions in May 2004.“The deals we’re closing show momentum in what appears to be a continuing shift in the M&A landscape,” said David Lavallee, co-founder of Revolution Partners. “We are seeing more buyers in the market now than we have since 1999 and 2000.”

The five deals in May include:

  • The sale of Curl Corporation to Sumitomo Corporation. Revolution was the exclusive financial advisor to Curl in completing the sale of the company to the $28 billion Japanese conglomerate. Curl was originally established to commercialize the results of a US Defense Advanced Research Projects Agency initiative being conducted at MIT.
  • The sale of CES International to SPL WorldGroup, Inc. SPL acquired the assets of CES, a pioneer and market leader in utility outage management. Revolution was the exclusive financial advisor to CES.
  • The acquisition of WorldChain, Inc., a supply-chain execution firm, by Optum, Inc. Revolution was the exclusive financial advisor to WorldChain.
  • The acquisition of Optika, Inc. (Nasdaq: OPTK), a leading enterprise content management provider, by Stellent, Inc. (Nasdaq: STEL), a global provider of content management solutions. Revolution was the exclusive financial advisor to Optika.
  • A valuation analysis assignment for OpenPages, Inc., a leading independent provider of enterprise governance, risk and compliance management software solutions.
Copyright 2004 - Revolution Partners - All Rights Reserved