Fox Rothschild Represents Quantum Global Technologies in $342 Million TransactionAugust 30, 2018 – Press Releases
Fox Rothschild LLP advised Quantum Global Technologies LLC (QGT) in its approximately $342 million sale to Ultra Clean Holdings, Inc. (NASDAQ: UCTT). The all-cash deal closed on August 27, 2018.
A multidisciplinary team of Fox attorneys, led by Jeffrey H. Nicholas and Lauren W. Taylor, represented QGT in the transaction, including lawyers from the firm’s corporate, tax, employee benefits, export compliance, intellectual property, environmental and corporate insurance practices, including M. Joel Bolstein, Frank T. Carroll, Seth I. Corbin, Patrick J. Egan, Tristram R. Fall, Kimberly A. Freimuth, Michael S. Goodman, Susan Foreman Jordan, Carl Anthony Maio, Bradley S. Rodos and Nevena Simidjiyska.
QGT, headquartered in Quakertown, PA, is a leading provider of ultra-high purity outsourced parts cleaning, process tool part recoating, surface treatment and analytical services to the semiconductor and related industries. With 1,800 employees working from 19 Advanced Technology Cleaning Centers and 5 analytical testing laboratories located in 8 countries, including in the United States, Asia and Europe, QGT’s services meet today’s demanding sub-10nm requirements.
Ultra Clean, headquartered in Hayward, CA, is a leading developer and supplier of critical subsystems for the semiconductor and display capital equipment industries.
Needham & Company, LLC served as financial adviser and Davis Polk & Wardwell LLP served as legal adviser to Ultra Clean. Cowen Inc. served as financial adviser to QGT.