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Mooreland Partners Advises OptoFidelity on Sale To Changyuan Group

London, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Mooreland Partners (www.moorelandpartners.com), the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, has acted as the exclusive financial advisor to OptoFidelity, an automated test technology provider for smart devices, on its sale to Changyuan Group.

OptoFidelity transaction




OptoFidelity Oy, based in Tampere, Finland, is a provider of innovative test and production solutions for mobile devices, sensors and electronics used in smart devices. The company is a supplier for a growing number of industry-leading consumer device OEMs. “Mooreland is pleased to have facilitated another ground-breaking M&A transaction in the automated test technology space,” said Peter Globokar, Managing Director, Mooreland Partners.

Changyuan Group Ltd, based in Shenzen, China, is a high-tech enterprise set up by the Chinese Academy of Sciences in 1986, specializing in R&D, manufacturing and service of electric vehicle-related materials, intelligent plant equipment and smart grid equipment. “Mooreland’s deep experience in cross-border transactions involving Asian high technology ecosystems enabled our European client to complete a transaction with an established Chinese player,” added Louis Jeng, Executive Director at Mooreland Partners.

ABOUT MOORELAND PARTNERS

Founded in 2002, Mooreland Partners is a leading independent investment bank providing M&A and private capital advisory services to the global technology industry, serving clients from its offices in London, New York, and Silicon Valley. Mooreland's team of over 50 professionals delivers industry domain and transaction expertise across all major technology sectors including industrial technology and electronics, enterprise software, mobile, digital media, consumer, e-commerce and fintech. Learn more at www.moorelandpartners.com; read our blog.

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Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/eec4d72f-afd6-482d-ab04-4431efec5d4e

Mooreland Partners +1 212 653-0800 press@moorelandpartners.com

Source:Mooreland Partners