About the engagement
KPMG Corporate Finance LLC (“KPMG CF”) acted as the exclusive financial advisor to TRS Technologies, Inc. (“TRS”) on its sale to Tayca Corporation (“Tayca”).
Founded in 1991, TRS is a leading provider of single crystal and ceramic piezoelectric materials which are fundamental components in a wide range of sensor applications, including medical ultrasound imaging, sonar, and ultrasonic devices. TRS is one of only four single crystal piezoelectric materials providers worldwide, and is the primary supplier to multiple blue-chip OEM customers.
Headquartered in Osaka, Japan, Tayca is a global supplier of specialty industrial chemicals and products. The acquisition represents an important growth pillar for Tayca, and was a highly successful outcome for TRS shareholders as well as for Tayca.
KPMG Corporate Finance LLC
The Corporate Finance practices of KPMG International’s network of independent member firms (KPMG) have been ranked collectively a leading global M&A advisor according to Thomson Reuters SDC’s 2017 global transaction volume league tables. Recently named 2017 Transaction Advisory Firm of the Year by the M&A Atlas Awards, KPMG Corporate Finance LLC provides a broad range of investment banking and advisory services to its domestic and international clients. Our professionals have the experience and depth of knowledge to advise clients on global mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance, capital advisory, portfolio solutions, fairness opinions, and other advisory needs.