TE Connectivity (NYSE:TEL), formerly Tyco Electronics, is a designer and manufacturer of highly engineered connectors, sensors and electronic components. After completing a strategic review, the Board decided to divest a number of non-core divisions including Palladium Energy, their lithium-ion battery assembly business. The likely strategic acquirers failed to successfully execute ...
Speed & Certainty: Thomson Reuters (NYSE:TRI)
Thomson Reuters (NYSE:TRI) is a provider of intelligent information for businesses and professionals worldwide. After a strategic review, Thomson Reuters’ Board decided to divest Liquent, a leading provider of regulatory software and services to the life sciences industry, which it had acquired as part of a larger acquisition. The corporate parent was ...
Structured Partnership: Omnicare (NYSE:OCR)
Omnicare (NYSE:OCR) is a provider of pharmacy-related services to long-term care facilities and other customers operating in the health care market. In 2013, Omnicare’s executive team made the decision to divest non-pharmacy-related holdings including SigmaCare, a leading provider of integrated clinical software solutions to skilled nursing facilities and other service providers within the ...
Growth Software: Verisae
Verisae is a global provider of SaaS solutions that help businesses manage asset and equipment maintenance, energy usage, mobile workforces, environmental sustainability and compliance. The company was initially backed by a group of institutional investors that were seeking liquidity after helping the business achieve its early growth objectives. Verisae’s management sought a partner ...
Creativity & Flexibility: Acquired Three Divisions of Compuware
Compuware Corporation (formerly NASDAQ:CPWR), a provider of mainframe application development and performance optimization software solutions, decided to launch a strategic review process in response to activist investor pressure. After evaluating several strategic alternatives to maximize shareholder value, the Compuware Board decided to divest three non-core businesses – two software divisions (Changepoint and Uniface), ...