Advised Anacomp, Inc., a business process solutions company, in the sale of its French document solutions subsidiary to TechTrek UK Limited.
Goldenhill advises Anacomp, Inc. in the sale of its French document solutions business to TechTrek UK
Third divestiture transaction for Anacomp by Goldenhill
SAN DIEGO & LONDON – October 1, 2009 – Goldenhill Technology Advisors today announced that it acted as M&A advisor to Anacomp, Inc., (“Anacomp”) in the sale of its French document solutions business to TechTrek UK Limited (“TechTrek”).
The Paris-based business acquired from Anacomp by TechTrek includes expert staff, and outsource document management capabilities. The acquisition of this French document management services business represents TechTrek’s entry into the market in France.
Commenting on the contribution of Goldenhill to the just completed transaction process, Mr. Paul Najar, Executive Vice President, General Counsel & Secretary said, “Once again we were very pleased with the job that Goldenhill has done for us in this vital project. Goldenhill worked closely with us and with potential buyers culminating in this transaction with TechTrek. Their presence and expertise both here in the US and in the UK was a valuable component in the success of this effort. This was the third transaction we’ve completed with Goldenhill this year and we look forward to working with them on other future projects.”
The sale of Anacomp’s French business is the third sale transaction handled by Goldenhill for Anacomp and demonstrates Goldenhill’s expertise and capabilities in executing corporate divestitures, especially internationally. In the mandates for Anacomp, Goldenhill has successfully managed the divestiture of non-core European operations for a US-based corporation.
About Goldenhill Technology Advisors
Goldenhill Technology Advisors represent and advise our technology business Clients in merger and acquisition (M&A) engagements. Our engagements include providing services to Sellers or Buyers in M&A projects in the USA, UK and Continental Europe with specific focus in software and service businesses. We are an international business with offices in California and London.
October 01, 2009