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August 2007

Lincoln International Represents Horizon Partners, Ltd. in the Sale of the Business of Silver Cloud Manufacturing Company Business, a subsidiary of Xymox Technologies, Inc., to Parker Hannifin, Ltd.

 

CHICAGO, August 29, 2007  Lincoln International acted as the exclusive financial advisor to Horizon Partners, Ltd. (Horizon Partners) in the sale of the business of Silver Cloud Manufacturing Company (Silver Cloud), a subsidiary of Xymox Technologies, Inc. (Xymox). Silver Cloud is a leading manufacturer of electromagnetic and radio frequency interference shielding products and engineered display filters for a variety of electronics applications. Silver Cloud was sold to Parker Hannifin Corporation (Parker Hannifin) (NYSE: PH), a global leader in motion and control technologies. Silver Cloud will operate as part of Parker Hannifin's sealing and shielding business within the company's industrial North America segment. 

 

Lincoln International worked closely with Horizon Partners and the senior management teams of Xymox and Silver Cloud throughout every aspect of the transaction. Lincoln evaluated the strategic rationale for the deal, interacted with Parker Hannifin and other potential acquirers, coordinated the due diligence process, and assisted with the negotiation of the purchase agreement.

 

Lincoln International was integral to the successful completion of this transaction, said Sam Bonanno, CEO, Xymox. Their deep industry knowledge of the electronics market combined with their hands-on approach ensured that we located all logical acquirers and had a flawless execution of the process.

 

Parker Hannifin is an excellent fit for Silver Cloud and will help us grow our business profitably in the coming years, said Bill Riland, president and general manager, Silver Cloud. I am very pleased with the outcome of Lincoln International's sale process.



About Lincoln International
Lincoln International specializes in merger and acquisition services and private capital raising for leading organizations involved in mid-market transactions.  With offices in Chicago, Frankfurt, Los Angeles, New York, Paris and Vienna, and strategic partnerships with China Everbright and other partner firms in Asia, 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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