|By Business Wire||
|July 10, 2014 08:12 AM EDT||
Blackhill Partners, an investment bank and corporate advisor specializing in complex situations, represented Xerox Corporation in its sale of TripPak to Pegasus TransTech.
TripPak is a major provider of document management, invoicing and other products and services for the transportation industry under the brand names TripPak SERVICES™ and ACS Advertising. Pegasus TransTech delivers business solutions that streamline document capture and transmission, billing, collections, payroll and other revenue-cycle processes for the transportation and logistics industries.
The combined company will now provide revenue-cycle and data management solutions for over 3,000 truck fleets and third-party logistics customers.
"The market dynamics are very competitive right now, and they’re creating an attractive environment for divesting assets that don’t fit an organization’s strategic objectives,” said Jeff Jones, Managing Director of Blackhill Partners. “Our corporate clients continue to realize full valuations by divesting business units that don’t align with their long-term goals."
Along with Jones, the Blackhill team included Lance Gurley, Vice President, and Joel Brown, Associate.
About Blackhill Partners
Headquartered in Dallas, Texas, Blackhill Partners, LLC is an investment bank and corporate advisor specializing in complex situations. Blackhill’s professionals have advised on over $40 billion of mergers, acquisitions, financings and restructurings across a broad range of industries, with particular depth in energy and industrial businesses. www.bhpllc.com
Since the invention of Xerography more than 75 years ago, the people of Xerox (NYSE: XRX) have helped businesses simplify the way work gets done. Today, Xerox is the global leader in business process and document management, helping organizations of any size be more efficient so they can focus on their real business. Headquartered in Norwalk, Conn., more than 140,000 Xerox employees serve clients in 160 countries, providing business services, printing equipment and software for commercial and government organizations. Learn more at www.xerox.com.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 6, 2016 03:45 AM EST Reads: 777
Dec. 6, 2016 01:00 AM EST Reads: 1,842
Dec. 6, 2016 12:45 AM EST Reads: 839
Dec. 6, 2016 12:30 AM EST Reads: 4,580
Dec. 6, 2016 12:30 AM EST Reads: 3,884
Dec. 6, 2016 12:30 AM EST Reads: 1,195
Dec. 6, 2016 12:00 AM EST Reads: 880
Dec. 5, 2016 11:45 PM EST Reads: 4,299
Dec. 5, 2016 10:45 PM EST Reads: 2,075
Dec. 5, 2016 10:30 PM EST Reads: 1,056
Dec. 5, 2016 10:30 PM EST Reads: 982
Dec. 5, 2016 09:00 PM EST Reads: 4,960
Dec. 5, 2016 08:45 PM EST Reads: 509
Dec. 5, 2016 07:45 PM EST Reads: 2,230
Dec. 5, 2016 07:45 PM EST Reads: 2,092