Corporate Finance Associates Exclusive Advisor to Symlabs, S.A. in Sale to Quest Software
July 13, 2011 (PRLEAP.COM) Business NewsJuly 13, 2011 – Chicago, IL | Alcácer do Sal, Portugal - Corporate Finance Associates, an international middle-market investment banking services firm providing merger and acquisition, capital raising and financial advisory services, announced it assisted Portugal based Symlabs, S.A. with negotiations in its sale to Quest Software International Ltd.
Symlabs, S.A. founded in 2001, specializes in building virtual directory technology and identity management systems that have simplified and accelerated the integration process between software applications in rigorous high data environments. Headquartered in Portugal with offices in the United States and Spain, Symlabs products play a critical role in the directory infrastructure of many of the world's more influential and sophisticated companies. Their dedication to customer service and product advancement has made Symlabs a global leader in their industry.
Corporate Finance Associates helped the founders of Symlabs negotiate a transaction with the perfect buyer. "Corporate Finance Associates did an outstanding job for us throughout the entire process," commented Antonio Navarro, President and founder of Symlabs, S.A. "In seeking out that perfect partner, we looked for a situation where Symlabs technology could be best integrated to fill a void… and provide a new service offering to existing customers," said Robert Contaldo, Manager Partner of the firm's Chicago office.
Quest Software is a leader in the IT Management space, simplifying and reducing the cost of managing IT for more than 100,000 customers worldwide (87% of the Fortune 500). Quest has approximately 3,500 employees worldwide with more than 60 offices in 23 countries and reported sales of $767 million in 2010. The addition of Symlabs virtual directory software will enable Quest products to easily consolidate identity data that is stored in the distributed environment. Symlabs also brings additional federated identity capabilities that will broaden the single sign-on solutions to create a secure, trusted environment out of multiple systems in a single enterprise, or from systems across multiple enterprises.
"As the economy continues to improve we are seeing more quality M&A deals cross the finish line," said Peter Heydenrych, Corporate Finance Associates CEO. "But now more than ever, success depends on the quality of the opportunity represented by the transaction and on the commitment of the principals involved."
On June 6, 2011, Quest Software International, Ltd. acquired Symlabs in a private transaction. The details were not disclosed. Corporate Finance Associates, led by Robert Contaldo, Managing Partner, advised Symlabs in the transaction.
About Corporate Finance Associates:
Corporate Finance Associates is an investment banking firm, providing middle-market companies with a wide range of financial advisory services in support of mergers, acquisitions, divestitures, capital raising and corporate restructuring. From project inception to completion, a senior principal guides clients through every challenge, advocates on their behalf, and leverages over 50 years of experience and extensive resources. Corporate Finance Associates has over 20 offices in United States, three in Canada, three in India and 13 partner offices throughout Europe and Latin America.
More information please visit www.corporatefinanceassociates.com
Robert Contaldo, Managing Partner
Corporate Finance Associates
+1 (847) 836-7035