Acquisition to accelerate international expansion and enhance customer value through comprehensive software, service and hardware solutions
D.A. Davidson & Co. served as exclusive financial advisor to Capstone Technology Corporation, a leading provider of software solutions for process control optimization and decision support analytics, related to its acquisition by Spectris plc, a leading supplier of productivity-enhancing instrumentation and controls.
As a part of Spectris, Capstone will benefit from investment in software development, growth and international expansion.
“Capstone has built a high growth business by providing its customers with industry leading software solutions that include data historian, data aggregation and visualization software”, said Brad Gevurtz, Head of Technology Investment Banking at D.A. Davidson.
“The acquisition by Spectris provides the opportunity to significantly accelerate Capstone’s expansion into key international markets while further enhancing the value that they can offer to their customers.”
“D.A. Davidson’s help was invaluable in this process, providing the industry expertise and experience necessary to achieve a successful transaction,” said Ron Baldus, President of Capstone. “We are excited to move forward as a part of Spectris where we will continue to invest in and build out our suite of industry leading software solutions.”