Lincoln International’s Aerospace and Defense Group Represents ECA SA in the Acquisition of Triton Imaging
PARIS, December, 10 2009 – Lincoln International, a leading global mid-market investment bank, advised ECA SA (ENXTPA: ECASA) on its acquisition of Triton Imaging, Inc (“Triton”). Triton is a worldwide leader in the development of high-performance, highly automated software tools for seafloor mapping and underwater imaging used in a variety of defense, homeland security and commercial applications. The company’s products are designed to acquire, process, fuse, visualize, and interpret data from a wide array of seafloor imaging sensors. Triton’s customer base includes the United States Navy, the Royal Australian Navy, Exxon Mobile and the Port of Los Angeles, among many others. Triton was established in 1993 and is headquartered in Carpinteria, California; the company also has an office in Capitola, California.
Through its acquisition of Triton, ECA SA has demonstrated its commitment to moving up the value chain as Triton’s software products will help ECA SA strengthen its range of solutions and competitive advantages in underwater robotics used for hydrography, oceanography and marine safety applications. ECA SA will integrate Triton’s technology into its Autonomous Underwater Vehicle (“AUV”) programs. As an example, Triton’s products will serve as the platform for the tactical system of the SIMBA 455, a multifunctional vessel that represents the next generation of a long line of AUV’s produced by ECA SA. Simulator Systems International (“SSI”), ECA SA’s U.S. affiliate, will take charge of the support functions for Triton and will lead the efforts to develop technical and commercial synergies by incorporating Triton’s products into SSI’s Remote Operated Vehicle (“ROV”) offering for homeland security applications.
About ECA SA
ECA SA, headquartered in La Garde, France, is a leader in “Human Life Protection” through its robotics, simulation and control & security systems. It has leading positions in applications dedicated to hostile and constrained environments and in niche markets with high technical content and complementary cycles such as defense, homeland security, nuclear, offshore and aeronautics. ECA SA is the global leader in underwater mine identification and destruction systems with a 70% market share. ECA SA is also the market leader in ground robotics and aircraft assembly systems in France. For the fiscal year ended December 2008, sales reached €88.6 million of which 50% was generated through sales outside of France. ECA SA’s sales are approximately segmented as follows:
Defense (56% of sales): mine identification and destruction robots; autonomous robots for detection and cartography; surface drones; naval simulation; ground robots; and vessel control systems
Civil (44% of sales): control / safety systems and training simulators for aeronautics and land vehicles
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, private capital raising, UK pensions advisory services and providing fairness opinions and valuations for leading organizations involved in mid-market transactions. With offices in Chicago, Frankfurt, London, Los Angeles, Madrid, New York, Paris, Tokyo and Vienna, and strategic partnerships with China Everbright in China and ICICI Securities, Inc. in India, Lincoln International has strong local knowledge and contacts in the key global economies. The organization 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.
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