 |
||
NewsView All Headlines |
FOR IMMEDIATE RELEASE Cronus Partners LLC Pleased to Announce Completion of Sale of PLGpartners' Audio Conferencing Business to Arkadin SANorwalk, CT - November 1, 2005. Cronus Partners LLC (“Cronus”) is pleased to announce the completion of the sale of PLGpartners’ U.S. teleconferencing business to Arkadin SA, a French provider of audio- and web-based conferencing services. Cronus served as exclusive investment banking adviser to PLGpartners on the transaction. PLGpartners is the majority-women owner of an independent, facilities-based provider of web and audio conferencing services. Arkadin SA, backed by Apax Partners, is a global provider of audio and data conferencing services with operating centers in Australia, Belgium, France, Germany, Hong Kong, Ireland, Japan, New Zealand, Singapore, Spain, Sweden, the UK and the US. About Cronus Partners Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Cronus is an independent investment banking firm that provides financial and strategic advisory services. The clients of the firm are publicly traded or privately owned companies that engage in middle-market transactions domestically or internationally. For further information please contact:
Cronus Partners LLC |
|