Pitney Bowes & Appliance Technologies
Selected Transaction – M&A Sell Side Engagement with American Public Company (NYSE:PBI) and Mexican Private Company
Background
- Pitney Bowes, Inc. (NYSE:PBI), a global technology company that offers innovative products and solutions that enable commerce and communication.
- As part of its new global strategy, the Company is looking to convert to a dealer model.
PC Capital’s Role
- PC Capital acted as exclusive financial advisor to Pitney Bowes in the sale of 100% of its Mexican subsidiary to Appliance Technologies, a Mexican company focused on business analytics and big data.
- Negotiated the terms and conditions of the transaction.
The transaction will allow PBI to continue expanding its presence in Mexico with the support of a leading local partner in the industry
Results
- The transaction will allow PBI to continue expanding its presence in Mexico with the support of a leading local partner in the industry.