CHICAGO, April 30, 2015 /PRNewswire/ -- Lincoln International, a leading global mid-market investment bank, has announced that Hunter Technology Corporation ("Hunter" or the "Company") has been sold to Sparton Corporation ("Sparton").
Joe O'Neil, owner and CEO of Hunter Technology, commented, "The Lincoln Team was incredible, from early engagement and understanding our business and core strengths, to seeing the deal through and ensuring that all of our key criteria were met: a well-qualified buyer, an expanded supplier portfolio for our customers, security and opportunity for our employees, as well as maximizing the return for our shareholders; Lincoln managed it all."
Headquartered in Milpitas, CA, with operations in Lawrenceville, GA, Hunter Technology is one of the premier suppliers in the Silicon Valley region providing engineering design, new product introduction (NPI) and full-rate production manufacturing solutions working with major defense and aerospace companies; test and measurement suppliers; secure networking solution providers; medical device manufacturers and a wide variety of industrial customers.
Lincoln International acted as the exclusive financial advisor to Hunter, working closely with the company's management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
Media Contact: Kelly Neroda
SOURCE Lincoln International