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Excelsior Aerospace announces agreement to acquire Helocomb International

01-19-2009 03:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Wedgewood Associates

New York, NY Excelsior Aerospace has announced a definitive agreement to acquire Helocomb International. Transaction terms have not been disclosed.
Wedgewood Associates initiated the transaction, led the negotiations and acted as the exclusive financial advisor to Helocomb. Jonson, James & Hoffman LLP acted as legal advisor to Helocomb, and Marrison Cohen acted as legal advisor to the buyer.
“The Wedgewood team ran an efficient, effective process that achieved a strong valuation with minimal disruption to Helocomb’s business,” says Steve Austin, president and majority shareholder of Helocomb. “The results more than met my personal expectations, especially given the volatile market conditions.”
Wedgewood Associates is a global provider of investment banking services to public and private companies with annual revenues of up to $1.5 billion. The firm’s services include mergers, acquisitions, capital raising, fairness opinions and restructurings. Wedgewood Associates, which offers in-depth expertise in 10 distinct industry sectors, brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives.

Wedgewood Associates offer resources for support with M&A strategies and processes through transaction and business combination. As an international consulting organization, our proficiency and assets help us to recognize and perfectly measure target companies and synergies worldwide. We can serve as your liaison for bringing targets into intervention, confirm market assessment, achieve all due attentiveness, discuss terms of agreement and productively convert the mutual organizations to carry all proposed synergies.

Wedgewood Associates.
2001 E. Henrietta Road, New York, NY
Tel: +1 (646) 473 2970 Fax: +1 (248) 479 2977
www.wedgewoodassociates.com
info@wedgewoodassociates.com

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