Contact Information: Media Contacts: For IMAP: David Gutierrez (312) 780-7204 dgutierrez@dresnerco.com For IMAP: Jennifer Jameson (312) 780-7241 jjameson@dresnerco.com For IMAP: Sara DeNio (312) 780-7223 sdenio@dresnerco.com
IMAP Continues to Increase Number of Completed Cross Border Transactions
Cross Border Transactions Increased 17 Percent in 2008
| Source: IMAP
LOS ANGELES, CA--(Marketwire - March 31, 2009) - IMAP, an exclusive global organization of
leading merger and acquisition (M&A) advisory firms, announced today that
it closed 75 cross border M&A transactions in 2008, solidifying its
position as the authority in global middle-market M&A. In 2008, IMAP
increased its completed cross border transactions by 11, a 17 percent
increase from 2007.
"At IMAP, our collaborative approach to working on M&A projects between
member firms is key to our cross border success," said Mark Esbeck, IMAP
President. "IMAP's ability to support all of its offices with strong
fundamental research and local connections allows clients to access buyers
and sellers most efficiently all around the world."
By leveraging the capabilities of its nearly 60 member firms across the
globe, IMAP has been successful in completing dozens of cross border
transactions, which accounted for nearly 30 percent of its 252 completed
transactions in 2008. Additionally, buyers and sellers from 36 countries
were involved in IMAP completed cross border transactions last year.
"Our ability to best serve our clients is absolutely dependent upon our
IMAP connection," said Karl Fesenmeyer, President of IMAP Germany. "In
2008 alone, cross border transactions represented more than 70 percent of
IMAP Germany's M&A closings. At IMAP, cooperation between member offices
creates stronger bonds between our advisors and results in better
performance in connecting buyers and sellers on a global scale."
IMAP will host its 2009 Global M&A Symposium on Thursday, April 2, and
Friday, April 3, at the Sheraton Universal Hotel in Universal City, Calif.
The agenda will focus on closing M&A transactions in the current economic
climate, while providing an opportunity to develop relationships with
industry professionals. As part of the symposium, a press conference will
be held on Thursday, April 2, during which time IMAP will announce the
results of its annual global transaction and pricing survey. More
information on the symposium and the press conference is available at
www.imapLA2009.com.
About IMAP
IMAP is an exclusive global organization of leading merger and acquisition
advisory firms. Formed in 1973, IMAP is composed of nearly 60 firms with
more than 100 offices in over 35 countries throughout North and South
America, Eastern and Western Europe, Australia and Asia. In 2008, IMAP
advisors completed 252 transactions, with an aggregate transaction value of
more than $13 billion. IMAP advisors provide strategic merger,
acquisition, divestiture and related corporate finance services. Sellers
of mid-size companies and corporate acquirers alike rely upon IMAP for
essential local market knowledge and industry expertise delivered with
unparalleled global reach. Every business day, somewhere in the world, an
IMAP advisor is completing an M&A transaction. More information is
available via the Internet at www.imap.com.