CPress Media, a Czech publisher of special magazines owned by Riverside, was sold to a financial investor backed by a local media group.
CPress Media
CPress Media
| Target | CPress Media |
| Deal Type | Mergers & Acquisitions |
| Buyer | Financial investor backed by a local media group |
| Territory | |
| Transaction Description | Solution: CFA Toronto West was hired to search for the ideal strategic growth partner for Poly-Nova. Due to the complicated corporate structure and current economic state, it would take the perfect scenario to effect a successful close… a perfect strategic buyer coupled with an experienced legal, tax and M&A team to navigate this challenging cross-border deal. The perfect fit was found in Starlim/Sterner GmbH of Marchtrenk, Austria, a global leader in liquid injection molding of silicon parts for the auto and medical industry. On April 4, 2011, the sale of Poly-Nova Technologies Inc. to Starlim North America Corporation was completed. Each participants’ goal was met through this transaction – the buyer found a perfect strategic fit, the two passive shareholders were happily divested of their interest in the business, and the single active shareholder found a new business partner focused on growth. |
| Industry Sector | |
| ICFG Office | Prague |
CPress Media, a Czech publisher of special magazines owned by Riverside, was sold to a financial investor backed by a local media group.
CPress Media
Solution: CFA Toronto West was hired to search for the ideal strategic growth partner for Poly-Nova. Due to the complicated corporate structure and current economic state, it would take the perfect scenario to effect a successful close… a perfect strategic buyer coupled with an experienced legal, tax and M&A team to navigate this challenging cross-border deal. The perfect fit was found in Starlim/Sterner GmbH of Marchtrenk, Austria, a global leader in liquid injection molding of silicon parts for the auto and medical industry. On April 4, 2011, the sale of Poly-Nova Technologies Inc. to Starlim North America Corporation was completed. Each participants’ goal was met through this transaction – the buyer found a perfect strategic fit, the two passive shareholders were happily divested of their interest in the business, and the single active shareholder found a new business partner focused on growth.
