AGC Partners Advises OATSystems on its Sale to CheckPoint Systems

Transaction Details

America's Growth Capital is pleased to announce that its client, OATSystems, Inc., the Waltham, MA-based leader in RFID-based application software and middleware, has been acquired by Checkpoint Systems, Inc. (NYSE: CKP), a leading manufacturer and marketer of identification, tracking, security and merchandising solutions for the retail industry and its supply chain. Checkpoint expects the all-cash transaction to be dilutive to earnings per share through 2009 and accretive thereafter. With a team led by Fred Joseph, America's acted as sole financial advisor to OATSystems.

AGC Partners Advises OATSystems on its Sale to CheckPoint Systems

Testimonial

Fred and his team at AGC did an outstanding job, managing an efficient and effective process for what was not a predictable transaction. Their tenacity and grasp of both the details and the high level strategic shifts happening in the broader RFID market positioned OAT for maximum impact. We could not be more pleased with the result and would not hesitate to use Fred and his team again.

Tom Bogan, Partner with Greylock Partners and Board Member of OATSystems

Related Insights

Get in touch and experience the AGC difference