Navidar Advises 4DSP in Its Sale to Abaco Systems
Navidar | December 12, 2016
AUSTIN, TX – Navidar is pleased to announce that our client, 4DSP LLC (the “Company”), has been acquired by Abaco Systems (abaco.com), a global leader in open architecture computing and electronic systems for aerospace, defense and industrial applications.
With operations in Austin, TX and the Netherlands, 4DSP designs and manufactures commercial off-the-shelf (COTS) high speed digital signal processing and data acquisition solutions based on FPGA technology to address the specific requirements of aerospace, defense, biomedical, communications and semiconductor applications. The Company provides solutions for applications such as image processing, software defined radio, radar, sonar, airborne surveillance and medical imaging. 4DSP products are complemented by its engineering services, which include the development of custom hardware, FPGA firmware and software, as well as turn-key solutions.
“Navidar’s execution from the initial phase through closing was phenomenal. Their ability to understand 4DSP’s business, extract the essence of its value, and articulate it in a comprehensive manner was nothing short of a class act. This is not a surprise considering that their skilled team has deep technology investment banking, operating and international experience. They made this complex process feel easy and smooth,” said Pierrick Vulliez, CEO and Founder of 4DSP.
“4DSP is yet another Austin success story that demonstrates the depth of our engineering talent in this city given that the Company’s customers have very sophisticated technology requirements. 4DSP engineers, located in Austin and the Netherlands, have highly specialized electronic design, firmware, software and systems engineering capabilities. We are honored to have advised the Company and it was a pleasure to work with Pierrick, his partners, and the entire 4DSP team,” said Stephen Day, Co-founder and Managing Director of Navidar.
Navidar Holdco LLC, with a presence in Austin, Cleveland, Dallas, Denver, Indianapolis, Minneapolis and San Antonio, is an investment banking firm that provides businesses and investors in dynamic industries with strategic merger and acquisition advice, capital raising solutions and corporate advisory services. The firm focuses on SaaS software, eCommerce & Internet, IT and engineering services, specialty manufacturing, and health care information technology companies. Navidar principals have completed more than 300 transactions representing transaction volume of nearly $70 billion in M&A and capital raising, for both private and public companies, over the past 20 years. Navidar Group LLC, a wholly owned subsidiary, is a broker-dealer that is registered with FINRA and SIPC. To learn more about Navidar, please visit www.navidar.com.