Press Releases
Panmure Gordon acts for Vector Capital UK on Trafficmaster acquisition
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.
Media enquiries:
Nathaniel Webb
Group Communications and Investor Relations Director
T: +44 20 7614 8333
E: nathaniel.webb@panmure.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com