Knox & Co. announces For-side Transaction
FOR IMMEDIATE RELEASE
Knox & Co. Represents For-side.com Co., Ltd in its acquisition
of Vindigo, Inc.
Westport, CT, August 2, 2004
– Knox & Co., a leading investment banking firm on middle-market
and cross-border mergers and acquisitions, today announced that
it advised For-side.com Co. Ltd. ("For-side") in its acquisition.
For-side closed on the purchase of substantially all the stock of
Vindigo, Inc. ("Vindigo") on August 1, 2004. Vindigo is
the leading publisher of consumer applications for mobile phones
in the United States. Mitsubishi Securities (USA), Inc. and Knox
& Co., jointly acted as exclusive financial advisor to For-side.
Lead bankers on the transaction were Jeffrey Gaynor, Managing Director
at Knox, and Yasushi Itagaki, Vice President and Manager at Mitsubishi
Securities. Transaction value was $36,500,000. Previously, Mitsubishi
Securities (USA) and Knox & Co., jointly acted as financial
advisor to For-side in its acquisition of Zingy, Inc. on May 31,
2004. Zingy is the leading provider or ringtone applications for
mobile phones in the United States.
Knox & Co. is an investment banking, consultancy and advisory
firm specializing in two complementary advisory disciplines: Investment
Banking and Corporate Reorganization. With its office in Westport,
Connecticut, the firm undertakes assignments throughout North America
and, when necessary, abroad. The firm enjoys a strategic alliance
with Mitsubishi Securities Co., Ltd. (“MSC”), the core
securities company in Mitsubishi Tokyo Financial Group (“MTFG”).
Together, Knox and MSC have more than 80 M&A professionals capable
of handling transactions around the globe together are the leading
investment bank for middle-market, cross-border assignments involving
a Japanese principal.
Knox & Co. (www.knoxandco.com) has advised on more than 100
middle-market merger and acquisition and advisory assignments since
its inception, with in excess of $2 billion in transaction value.
The firm’s principals have worked on cumulative transactions
in excess of $15 billion.