Vance Street Capital acquires Syscom Instruments. The advisors

Vance Street Capital has completed the acquisition of Syscom Instruments, a specialist in the design and manufacture of high-quality vibration and seismic monitoring equipment for civil engineering, strong motion, and safety industries.

Debt financing for the transaction was provided by a lending syndicate led by Bank of Montreal including Canadian Western Bank and National Bank of Canada. Terms of the transaction were not disclosed.

Vance Street is a Los Angeles-based middle-market private equity firm focused on investing in highly engineered solutions businesses across the industrial, medical, aerospace and defense markets. As part of the acquisition, Syscom will join Vance Street’s other geotechnical, structural and geospatial monitoring assets to form Terra Insights, the first platform in these markets to provide a fully integrated instrumentation, data monitoring and analysis solution.

The advisors

Kellerhals Carrard acted as Swiss legal advisor to Vance Street Capital in this transaction, alongside O’Melveny & Myers. The team was led by Edgar Philippin (partner, corporate/m&a, pictured) and included François Kaiser (partner, corporate/m&a), Serge Migy (partner, tax), Elena Burger (associate, corporate/m&a) and Brian Jurt (tax advisor).

Lenz & Staehelin served as legal advisor to Bartec Group and Syscom Instruments . Corporate finance Mittelstand served as financial advisor to Bartec Group and Syscom Instruments.