Wizarth Advisors announced today their role as the sole M&A advisor representing TES Electronics Solutions in this transaction. Wizarth is a boutique M&A and Investment Banking Firm, focused on cross border transactions in the knowledge-services industry.
According to Michel Desbard, the Chairman and Chief Executive Officer of TES, “TES wants to focus on growing and developing its embedded hardware and software capability in India as part of our overall Custom Design and Manufacturing strategy. In this context, Wizarth’s expert advice and assistance for the sale of TES’s IC design and validation activities to MindTree was invaluable.”
About Wizarth: Wizarth Advisors is a boutique M&A and Investment Banking and Advisory firm focused on cross-border transactions in the Knowledge-services industry. Our primary location is in Mumbai, India, and we have a corporate presence and partner relationships in the US and Europe. Our key strength is that our team brings strength and expertise in technology, software services, off-shoring, outsourcing, corporate finance, and operations, to bear on achieving superior results for our clients. For more information about us, our services, and the transactions we have closed, please visit us at http://www.wizarth.com/
About TES: TES Electronic Solutions is a global electronics services company offering a blend of innovation and custom design and manufacturing solutions for a wide variety of technologies. TES designs customer specific systems or components that are both tailored to a customer’s application and can include TES licensable IP which accelerates a customer’s time to market. TES has expertise in the design of analog and digital integrated circuits, wireless systems and components, embedded software, hardware and complete system solutions. The company has delivered solutions to blue-chip companies worldwide from its 17 design centers and its manufacturing sites in France and in Penang.
