Sale to Topcon Positioning Group

Industrial
Sale to Topcon Positioning Group

Summary

Baird served as financial advisor to Digi-Star on this transaction.

About

Digi-Star Investments, Inc. (“Digi-Star”), a Baird Capital US Private Equity portfolio company, recently announced its sale to Topcon Positioning Group for cash consideration of $133 million.

Digi-Star is a leading global manufacturer of electronic sensing systems, machine control units, precision load cells and data management software to optimize agricultural and industrial equipment performance. Digi-Star is headquartered in Fort Atkinson, Wisconsin with operations in North America and Europe.

Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Since 1989, Baird Capital’s U.S. Private Equity group has invested in growing and profitable lower-middle-market companies in the Services, Healthcare and Products sectors. Having invested in more than 285 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital is the direct private investment arm of Robert W. Baird & Co. Baird Capital is based in Chicago, Illinois.

Topcon Positioning Group designs, manufactures and distributes precise positioning products and solutions for the global surveying, construction, agriculture, civil engineering, BIM, mapping and GIS, asset management and mobile control markets. Its brands include Topcon, Sokkia, Tierra, Wachendorf Elektronik and 2LS. Topcon Positioning Group is headquartered in Livermore, California, and is an operating segment of Topcon Corporation, headquartered in Tokyo, Japan.

For additional information about this transaction, please contact:

Joel Cohen +1 (312) 609-4924
Joe Packee +1 (414) 298-7644
Mike Lindemann +1 (414) 298-7408
Chris Coetzee +1 (312) 609-4687
Satoshi Matsumoto +1 (312) 609-5446
Tom Coburn +1 (414) 298-5972
Industrial
Sale to Topcon Positioning Group
Date
April 2015
Company
Digi-Star Investments, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
Asia

Share