Acquirer: The Boeing Company (“Boeing”)
Target Company: Tapestry Solutions, Inc. (“Tapestry”)
Transaction Date: November 6, 2008
Company Description: Tapestry is a San Diego-based company specializing in services and software systems that improve the tracking and distribution of equipment, spare parts and personnel for the U.S.
Transaction: Boeing completed the transaction by acquiring Tapestry, which became a wholly owned, non-fully integrated subsidiary of Boeing.
Role of Evans & Evans: Evans & Evans, Inc. acted as the Lead Advisor to Tapestry over the period March 2007 to November 2008, providing services including:
- Performing due diligence and valuation analysis on Tapestry
- Preparing packaging documents including business plans and corporate presentations
- Advising on potential deal structures and negotiating terms of the transaction
- Managing the closing of the transaction including liaising with lawyers, accountants, and other professionals