For more information on this transaction please contact:

Kathy Scott
Principal
858.704.3209
kscott@raca.com

Eliot Peters
Vice President
858.704.3282
epeters@raca.com

Joel Weinstein
Associate
858.704.3215
jweinstein@raca.com




Contact Us
RA Capital Advisors
12340 El Camino Real
Suite 450
San Diego, CA 92130

Phone: 858.704.3200

Fax: 858.704.3201

www.raca.com



RA Capital Advisors LLC is pleased to announce another successful transaction.

is pleased to announce its role as
financial advisor to


in connection with its acquisition of

 


Transaction Highlights

  • RA Capital Advisors was engaged to assist Gerber Scientific, Inc. (NYSE: GRB) in its acquisition of Virtek Vision International Inc. (TSX: VRK), a leading provider of laser-assisted production solutions and marking and engraving systems.
    • Virtek shareholders received cash of C$1.05 per share for a total transaction value of C$35.2 million.
  • The transaction resulted in the acquisition of a high quality asset by Gerber that is expected to be accretive to Gerber’s earnings in their current fiscal year.
    • Gerber, with the assistance of RA Capital Advisors, was successful in acquiring Virtek at an attractive price after Virtek was subject to a hostile bid and had negotiated a transaction to sell it’s most profitable segment to another company.
    • Additionally, Gerber was able to complete the transaction after an activist shareholder acquired a 19.9% stake in Virtek and initially opposed the acquisition by Gerber.
  • The transaction reinforces RA Capital Advisors’ position as a leading financial advisor on both buy- and sell-side engagements.
    • RA Capital Advisors developed strategies that enabled Gerber to complete an acquisition involving multiple bidders and interested parties.


About RA Capital Advisors
RA Capital Advisors is a private investment bank. Our differentiated advisory model is focused on building long-term relationships that create value for our clients. Artful positioning of companies and deal structuring are core competencies that have led to the execution of transactions by our firm and its principals totaling more than $60 billion.

Participation by senior professionals at virtually all stages of the transaction ensures that our clients receive the sophistication and expertise of leading Wall Street advisors with the intense, senior level attention of a private investment bank.

The best interests of our clients always come first: we work with management and the Board to help determine the best course of action. If a transaction is appropriate, we help minimize management distraction and ease the complexity of the process. In contrast, if a transaction is not in a company's best interest, we will advise against it.



About Gerber Scientific, Inc.
Gerber Scientific, Inc. is a leading international supplier of sophisticated automated manufacturing systems for sign making, specialty graphics and packaging, apparel and flexible materials, and ophthalmic lens processing. Headquartered in South Windsor, Connecticut, the company operates through four businesses: Gerber Scientific Products, Spandex Ltd., Gerber Technology, and Gerber Coburn.


About Virtek Vision International Inc.
Virtek Vision International Inc. is a leading provider of high value industrial laser solutions focused on the needs of the global manufacturing sector, providing templating, inspection, marking and engraving products. Virtek serves customers in the prefabricated construction, transportation, metalworking, tool and die and mold making industries worldwide. The majority of Virtek's sales are in the United States and Europe. Virtek maintains offices in Waterloo, Ontario, Canada; Boston, Massachusetts, United States; Ludenscheid and Nurnberg, Germany; and Busto Arsizio, Italy.


Past performance may not be indicative of future performance or success.


RA Capital Advisors LLC is a FINRA registered broker-dealer and a member of SIPC.