5 August 2016
BDA advises Nissha, Japan, on acquisition of Graphic Controls, USA
Acquired Graphic Controls, USA
BDA Partners is pleased to announce that its client, Nissha Printing Co Ltd (“Nissha”), pursuant to a resolution of its Board of Directors at a meeting held August 5, 2016, will acquire shares in Graphic Controls Holdings (“Graphic Controls”) from WestView Capital Partners II LP and its partnering shareholders. BDA acted as exclusive financial advisor to Nissha.
Graphic Controls is a medical devices and consumables manufacturer headquartered in the United States. Since its founding in 1909, it has applied its converting and printing technologies to business media and medical devices. In its main medical devices business, Graphic Controls manufactures and sells branded products to medical institutions such as hospitals, while also providing contract manufacturing services for major medical device manufacturers.
The acquisition of Graphic Controls provides Nissha with a broad product portfolio of medical devices and consumables, manufacturing capabilities for medical devices, and global sales channels to expand into new businesses for medical devices and consumables, and medical device contract manufacturing.
Sam Heleba, current President and CEO of Graphic Controls, commented “I am thrilled about the strategic global partnership we will acquire being part of Nissha. Our shared vision on how we treat our customers and employees will establish a solid foundation for our shared desire for growth.”
Junya Suzuki, President, CEO and Chairman of the Board of Nissha added, “I am excited to partner with my colleagues at Graphic Controls. We are looking forward to expanding our business frontiers with them. This will be a powerful combination.”
Nissha Printing Co Ltd engages in the industrial materials, devices, life innovation, and information and communication businesses in Japan and internationally. The company’s Industrial Materials segment offers in-mould decoration, metallized paper (used in labels and packaging), heat transfer foil, 3D Dye sublimation transfer solutions, and film products. Its Devices segment offers FineTouch touch panels used primarily in tablet devices, smart phones, and portable game consoles, as well as force sensors and wireless sensor network products. The company’s Life Innovation segment provides gas sensors and applied equipment. Its Information and Communication segment offers commercial printing to assist businesses and organizations in information distribution and communication strategies. Nissha Printing was founded in 1929 and is headquartered in Kyoto, Japan. www.nissha.co.jp
About Graphic Controls
Graphic Controls LLC designs, manufactures, supplies, and sells consumable products for industrial, medical, and gaming markets worldwide. The company offers charts and markers, including well logging chart papers, hydrogen-sulfide gas detectors, gas industry measurement solutions, charts and pens, and thermal transfer ribbons, as well as medical products, such as patient monitoring and lab supplies, imaging media products, emergency medicine solutions, accessories, and cohesive tapes. It also offers life science products, which include syringe filters, membrane compatibility products, technical data solutions, and custom filter products, as well as transactional media products, including TITO tickets, PVC cards, POS rolls, and event ticketing products. The company was founded in 1909, and is headquartered in Buffalo, New York, with sales and manufacturing operations in the USA, Canada, Europe and the UK. www.graphiccontrols.com
BDA Partners is a leader in cross-border investment banking involving Asia. BDA advises on M&A, capital raising, and restructuring. BDA has been consistently owned and managed by the same team since 1996. BDA has a track record of providing independent advice to blue-chip corporate and financial sponsor clients from North America, Europe, and Asia. BDA is headquartered in New York with offices in London, Dubai, Mumbai, Ho Chi Minh City, Hong Kong, Shanghai, Beijing, Seoul, and Tokyo. BDA was named M&A Advisory Firm of the Year at The ACG Champions Awards in 2015. BDA formed a partnership with William Blair & Company in 2011. www.bdapartners.com
BDA carries out its US securities business through BDA Advisors Inc, a broker-dealer registered with the US Securities and Exchange Commission (SEC) and a member of FINRA and SIPC. BDA’s UK subsidiary is authorised and regulated by the Financial Conduct Authority. BDA’s HK subsidiary is licensed and regulated by the Securities & Futures Commission.
Divested majority stake in STS Group to Adler Pelzer Group
Divested 100% stake to a leading European water company
Agreed to be acquired by Mindray
Divested majority stake to DCP Capital
Divested 70% stake to SCG Packaging
Agreed to divest Couvet, Switzerland facility to WuXi AppTec
Raised Series B round from ABC World Asia
Divested Neoss to CareCapital
Divested Compart Systems to Shanghai Wanye Enterprises
Divested Escientia Life Sciences to Deccan Fine Chemicals
Established JV with Superior Essex
Divested significant stake in Kehua Bio-Engineering to Gree Real Estate
Divested ThiPha Cable and Dovina to Stark Corporation
Divested LAP Laser to IK Investment Partners
Divested majority stake to The Longreach Group
Divested Nagano Industry to JAFCO
Divested Nippon Oil Pump to CITIC Capital
Divested plant health business in Japan to Nisso
Divested Parador to HIL Limited
Divested its 49% stake in Mitsubishi Motors Philippines