Ascension Technology turns to Capital Alliance for assistance in corporate sale

DALLAS, May 31, 2012 – Ascension Technology Corporation of Burlington, Vermont, a manufacturer of three-dimensional tracking devices for medical guidance systems used in minimally invasive surgeries, turned to Capital Alliance Corp. (, a global mid-market investment banking firm, to guide it through the sale of the company. Capital Alliance was able to negotiate favorable terms with Roper Industries, Sarasota, Fla., and close the transaction within 90 days. Roper Industries is a diversified $3 billion supplier of engineered products for global niche markets.

“The partners who started Ascension Technology had developed patented technology, but the company had reached a point where it needed more resources if it was going to continue achieving its growth goals,” said Ed Slockers, senior vice president of Capital Alliance. “We were able to identify potential acquirers in Japan, Europe and North America. It turned out that Roper Industries in the U.S. was the best fit. The founders of Ascension saw the fruits of their labor and their company will be able to carry on along its growth path.”

About Capital Alliance

Capital Alliance is a global mid-market investment banking firm providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including energy, construction and engineering, manufacturing and business services. Since its founding in 1976, the privately held firm has completed more than 200 transactions with an aggregate transaction value in excess of $3 billion. For more than 25 years, Capital Alliance has been a member of M&A International, an organization of investment banking firms operating in the major economies of the world.

Capital Alliance Corporation
2777 N. Stemmons Freeway, Suite 1220
Dallas, TX 75207
(214) 638-8280

Media Contact:
Bob Greenfield, Hopkins PR
(972) 254-2887