LONDON, 2 June 2010 - Panmure Gordon & Co is pleased to announce that it acted as sole financial adviser to Vector UK on its recommended acquisition of Trafficmaster plc, valuing the company at £73.27m.
Vector UK is a wholly-owned subsidiary of Vector Capital, the San Francisco-based global technology-focused private equity firm specialising in buy-outs, spin-outs and recapitalisations of established technology businesses. Vector Capital has a significant track record of making acquisitions in the technology sector.
Panmure Gordon & Co group chief executive, Tim Linacre, commented: “Across the Group, we employ 39 investment bankers who bring exceptional experience and contacts to client cross-border activity.
“We are increasingly seeing opportunities to leverage our international offices and the Group’s investment banking firepower to provide clients with a seamless and personalised boutique experience.
“Vector Capital’s acquisition of Trafficmaster is a fine example of the Group’s cross-border strengths in action, which enabled our client to achieve an excellent outcome,” he said.