Bowne & Co., Inc. (NYSE: BNE) today announced the sale of DecisionQuest(R) to employees of DecisionQuest for $10 million.
DecisionQuest, one of the nation’s leading trial consulting firms, specializes in jury research, demonstrative exhibits, jury selection, courtroom technology and strategic communications.
“This transaction, combined with the previous sale of the CaseSoft and electronic discovery businesses within our Litigation Solutions unit, continues our strategy to focus on growing our core businesses of financial and marketing and business communications,” said David J. Shea, President and Chief Operating Officer of Bowne.
Bowne & Co., Inc. (NYSE: BNE) provides financial, marketing and business communications services around the world. Dealmakers rely on Bowne to handle critical transactional communications with speed and accuracy. Compliance professionals turn to Bowne to prepare and file regulatory and shareholder communications online and in print. Marketers look to Bowne to create and distribute customized, one-to-one communications on-demand. With 3,300 employees in 70 offices around the globe, Bowne has met the ever-changing demands of its clients for more than 230 years.
The divestiture of DecisionQuest represents Marks Baughan & Co.’s third successful transaction for Bowne & Co., Inc. in 2006 underscoring the fact that our clients trust us for objective advice from dedicated senior bankers.
For more information on this transaction, please contact:
Nick Baughan
Managing Member
610.616.3294
nbaughan@marbau.com
Bill Takeuchi
Director
610.616.3296
takeuchi@marbau.com
About Marks Baughan & Co.
Marks Baughan & Co. provides investment banking services to growth companies in the Financial Technology and Information Management sectors. Our narrow focus and deep expertise and relationships in these two verticals provide our clients with top-quality results driven by an efficient process. Started in 2004 by two former senior members of the Credit Suisse First Boston Technology Group, Marks Baughan & Co. has established itself as one of the most successful of the new boutique investment banks by combining bulge-bracket expertise with boutique service. Our clients range from public companies with multi-billion dollar market caps to private companies with $10 million in revenues. We deliver results for clients: advising on sales of entire companies and divisions, acquisitions, private placements of equity and debt securities, or strategic advisory services for CEOs and CFOs on public offerings, M&A plans, or investor positioning.