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Knox & Co. advises NTT Data International,
L.L.C., on its acquisition of the Revere Group
PRESS RELEASE
FOR IMMEDIATE RELEASE
Westport, CT, December 2, 2005 –
Knox & Co., and its subsidiary, Knox Securities Corp. (“Knox
& Co.”), a leading investment bank for middle-market and
cross-border mergers and acquisitions, announced today that it acted
as exclusive financial advisor to NTT Data Corporation (“NTT
Data”) in connection with the majority acquisition of The
Revere Group, Ltd., by NTT Data’s wholly-owned subsidiary,
NTT Data International, L.L.C. The Revere Group, founded in 1991
and headquartered in Chicago, is a business consulting and IT solutions
consulting firm. Its service offerings include IT Management Consulting,
Enterprise Applications and Process Redesign, Project Management
and IT Strategy, Business Intelligence and Data Warehousing, Custom
Applications and Integration, Supply Chain Management and Outsourcing.
The Revere Group has over 300 employees with offices in Chicago,
Milwaukee, Boston, Charlotte, Orlando, Bangalore India, and Singapore.
As a trusted advisor, The Revere Group helps clients improve business
and IT alignment.
In order to broaden its IT service capabilities for customers in
North America, NTT Data has been increasing its overseas resources.
The Revere Group’s expertise in ERP-related projects and skills
in the manufacturing, finance and health care verticals will enable
NTT Data to provide total systems integration solutions to its customers
in the United States. NTT Data considers the acquisition of Revere
as a significant step toward its goal of becoming a global leader
in business and IT consulting. Knox & Co. worked with NTT Data
to develop its U.S. acquisition strategy and provided full M&A
advisory services to NTT Data in connection with the majority stock
purchase transaction. Michael Baisley, Managing Director with Knox,
was lead banker on this transaction. He was assisted by Yuko Tani,
Vice President with Mitsubishi UFJ Securities (USA), Inc., Knox
& Co.’s co-advisor to NTT Data. Transaction value was
not disclosed.
Knox & Co. is an investment banking, consultancy and advisory
firm specializing in two complementary advisory disciplines: Investment
Banking and Corporate Reorganization. The firm undertakes assignments
throughout North America and, when necessary, abroad. Knox &
Co. conducts its securities-related business through its wholly
owned subsidiary, Knox Securities Corp., member NASD. In addition,
the firm enjoys strategic alliances with major Asian financial institutions,
including Mitsubishi UFJ Securities Co., Ltd. Knox and its alliance
partners specialize in Japanese and Chinese cross-border transactions
and, as a group, have more than 100 M&A professionals around
the globe.
Knox & Co. (www.knoxandco.com) has advised on more than 150
middle-market merger and acquisition and financial advisory assignments
since its inception.
Contact:
Michael Baisley
203-226-6288 (x118)
mbaisley@knoxcorp.com
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