Francisco Takes EF Johnson Private
August 16, 2010- Share:
Francisco Partners has completed its $1.50 per share acquisition of EF Johnson Technologies (NASDAQ: EFJI) for a total of $40 million. The company manufactures portable radios and other communications gear for the military and public safety workers. Francisco received legal counsel from Shearman & Sterling on the deal, while EF Johnson was advised by Raymond James & Associates, Rigrodsky & Long and Haynes and Boone.
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