COSTA MESA, Calif., April 25, 2005 (PRIMEZONE) -- Everett Charles Technologies has acquired APG Test Consultants Inc. Transaction terms were not disclosed.
RSM EquiCo Capital Markets initiated the transaction, led the negotiations, and acted as the exclusive financial advisor to APG Test Consultants.
"With this acquisition, Everett Charles Technologies gains additional software programming and test development capabilities," said Randy Krauthamer, managing director for RSM EquiCo Capital Markets.
About RSM EquiCo, Inc.
RSM EquiCo is a global investment bank serving private middle-market companies throughout North America. With more than 400 professionals and support staff in North America and Europe, RSM EquiCo specializes in mergers, acquisitions, divestitures and capital raising for companies with up to $500 million in annual revenue. The firm is part of RSM McGladrey Inc., a business segment of H&R Block.
About APG Test Consultants
Founded in 1993, APG Test Consultants develops programs and manufactures parts for in-circuit testing. In-circuit testing is used to confirm that a printed circuit board has been produced correctly. Headquartered in Longmont, Colorado, APG Test Consultants provides software programming, engineering and manufacturing to the telecommunications and networking and computer components industry.
About Everett Charles Technologies
Founded in 1965, Everett Charles Technologies manufactures electrical test products and services. The company has been awarded over 100 patents and participates actively in developing industry standards. Headquartered in Pomona, California, the company's manufacturing, service and support facilities are located in offices throughout the United States, Europe, and Asia. In November 1996, Everett Charles Technologies became a subsidiary of Dover Corporation (NYSE:DOV).