Middleton, WI (PRWEB) September 16, 2011
Liberty AV Solutions acquired Middleton, Wisconsin-based Intelix, a manufacturer of AV components and software. The move follows a successful conclusion to negotiations in which Liberty acquired Intelix outright for an undisclosed sum. Liberty joined WESCO International in 2006 as part of WESCO’s acquisition of Communications Supply Corporation.
Heartland Business Transitions, Inc. acted as an advisor consultant during the selling process. “Steve (Stephen Dinehart, President) kept this transaction on track; providing the deal focus and expertise that was necessary to get to the close,” Intelix founder Steve Cohan remarked. “He provided creative solutions for crafting a transaction structure that met all of our objectives.”
Dinehart said he saw that “the benefits of joining these two complementary firms were clear. As the intermediary, it was my job to help both the seller and the buyer over the deal hurdles, which can impede having a successful close that meets both parties’ goals.
About the Company
Heartland Business Transitions is an investment banker specializing in the marketing, negotiation and sale of privately held mid-size businesses. The company provides intermediary and investment banking services for critical transitions faced by businesses – merger, acquisitions, business sales and ownership successions. For more information, please visit http://www.heartlandbusinesstransitions.com.
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