Nextec Technologies Appoints Avalon for Corporate Finance Advisory Services
April 30, 2012
Nextec Technologies Ltd. has appointed Avalon Capital Ltd as its Financial Advisor to assist the Company in financial structuring, positioning and determining strategic alternatives. The Company has developed and markets a suite of patented, innovative solutions for 3D non-contact high precision, laser scanning, measurement and geometry inspection. Nextec's proprietary technologies and products, combining CCD and laser, innovative optics, electro-optics and image processing along with real time adaptive control, offer automated in-line quality control systems and reverse engineering applications. The Company boasts an impressive list of international clients in Europe, China, Israel and the US.
According to Danny Shacham, General Manager of Nextec, "Avalon has done a thorough job in positioning the company and gaining an understanding of our markets". Mr. Shacham will be conducting meetings with potential partners at the Control Show in Stuttgart May 8-11, 2012.
About Nextec Technologies
Founded in 1991, Nextec's primary focus is to supply fast, accurate and reliable inspection systems to the automotive and aerospace industries. Nextec has installed over 200 systems worldwide and is considered a leading supplier of non-contact inspection solutions directly to the production-floor.
About Avalon Capital
Avalon Capital is a corporate finance advisory firm specializing in mergers and acquisitions, private capital advisory and public equity market services in both the US and UK for the technology industry. Avalon is highly regarded in particular technology niches including mobile communications, medical devices, cleantech, biopharma, enterprise software and information technology. The firm was founded in 2004 with offices in Tel Aviv and London. Avalon Capital applies partner level experience to the successful execution of advisory and financing transactions for emerging tech companies.