Spectral Response Inc.
has been acquired by
Corporate Finance Associates
Situation: Chris P. Lewis watched his company steadily grow from its founding in 1987 to eventually take a place in the top 100 contract manufacturers in the world. It was now time to sell his 67% ESOP owned electronic manufacturing services (EMS) company. The state of the economy and the level of buyer sophistication required to purchase an ESOP added to the challenge. Mr. Lewis contacted the Atlanta Office of CFA for assistance in finding the right buyer.
Solution: CFA received strong interest in Spectral Response, Inc. by advocating on behalf of the firm with a select group of high quality buyers who were interested in ESOPs as accretive acquisitions. On August 12, 2009, Alliance Holdings, LLC acquired Spectral Response Inc. in a private transaction.