Cabrillo Advisors, LLC, a national financial services firm, announced today that it completed a fairness opinion for a leading self-storage business that acquired interests in 26 self storage properties nationally.

SAN DIEGO, CA — Global pump manufacturer Grundfos today announced the acquisition of Enaqua, an American company specializing in the use of UV technology to disinfect water, and specialized membranes for water purification. The purchase marks a step toward Grundfos’ ambition of deriving one third of its future turnover from sources other than pump solutions and being a trendsetter in water technology.
“On the one hand, we will obtain unique competence and completely new technology as a strong supplement to our present business,” said Carsten Bjerg, CEO of the Grundfos Group. “In addition, we obtain new ‘muscles,’ which is an important achievement in our efforts to develop new and innovative solutions in the future. Not only pump solutions for transporting water, but also solutions concerning water treatment.”
He continued, “The new resources we are getting not only open up new business opportunities for Grundfos, they also help us contribute to alleviating the growing water problems worldwide.”

Peter Røpke, Grundfos Group Executive Vice President of Business Development, added, “For many years, Grundfos has proven that we are innovative as regards the development of new pump solutions. But we will also seek additional business opportunities relating to these applications, including water treatment. The partnership with Enaqua doubtlessly strengthens us. Most of all because, in the short view, we shall obtain new technology and competence which will, in the long view, enable us to deliver new solutions for water treatment with strengthened focus on sustainability.”

The partnership between Grundfos and Enaqua will be celebrated on Tuesday, June 5 at Enaqua Headquarters in San Diego, Calif. Enaqua will continue to be managed by Manoj Jhawar, who is the second of three generations of the founder’s family that works at the company.

“For a number of years, we have rejected several potential buyers, as we did not find the right match. But with Grundfos it is quite another story, it is a larger version of what we are.,” Jhawar said. “We share the opinion about future opportunities within water treatment, we have the same set of values and we are sure we complement each other in a way so that we can deliver new and improved solutions for water treatment.”

ABOUT GRUNDFOS:

Grundfos is a global leader in advanced pump solutions and a trendsetter in water technology. We contribute to global sustainability by pioneering technologies that improve quality of life for people and care for the planet.

An annual production of more than 16 million pump units makes Danish-based Grundfos one of the world’s leading pump manufacturers. Its main products are circulator pumps for heating and air-conditioning as well as other centrifugal pumps for the industry, water supply, sewage and dosing. Today Grundfos is the world’s largest manufacturer of circulators, covering approximately 50 percent of the global market. In addition to pumps, Grundfos produces standard and submersible motors as well as state-of-the-art electronics for monitoring and controlling pumps. Grundfos has also introduced Blueflux, a new technology-label that ensures the equipment is among the absolute best in the market.

The Grundfos Group is represented with more than 80 companies in more than 55 countries. The total annual turnover is $3.5 billion. The Grundfos group is mainly owned by The Poul Due Jensen Foundation, which today owns 86.7 percent of Grundfos shares. The aim of the Foundation is to support the continued development of the Grundfos Group. The profits of the Foundation are to be re-invested in the Grundfos companies.

With 2.000 employees, Grundfos North America has facilities in 12 key location with HQ based in Kansas City. Other acquired companies and brands include Peerless Pump (Indianapolis), PACO (Texas) and Yeomans Chicago Corporation (Illinois). Furthermore Grundfos has production and research and development (water technology) in California. For more information, visit www.grundfos.us, or follow us on Twitter and Facebook.

For more information, visit Grundfos at www.grundfos.com

ABOUT ENAQUA:

Enaqua was founded in 1985 Its headquarters are located in San Diego, California, USA.
Enaqua produces environmentally friendly water purification solutions based on UV disinfection and membrane separation technologies. Enaqua produces UV disinfection systems that range in sizes up to 100 Million Gallons per day (4,381 lps) for municipal and industrial disinfection requirements, and membrane separation systems to recover water and chemicals from process and municipal water sources. Enaqua’s unique UV systems allow for disinfection with Ultraviolet Rays, and are designed specifically to minimize maintenance and operational costs for its municipal customers.

Enaqua was advised in this transaction by Channing Hamlet of Cabrillo Advisers, Stephen LaSalla of Sheppard Mullin Richter & Hampton LLP and Andrea Migdal Esq.

For more information, visit Enaqua at www.enaqua.com

Do you still fondly remember the old days when boards of directors could easily set the stock option price for privately-held companies? Well, those days are gone, ever since the introduction of Section 409A of the tax code with its collection of new standards and large penalties.  While it was designed to clarify the way to properly value the underlying common stock, to some degree, it has just made it more difficult and costly.

And that’s where we can help. Join us on Wednesday, June 6th at 2:00 p.m. ET as we present “Straight Talk on Sec. 409A Valuations: Getting It Right the First Time” which will offer best practices and strategies in pursuing and securing a 409A valuation for your organization.

Our expert panelists will review the framework of a Sec. 409A valuation and explain how to be prepared in advance, including:

• Why you should consider getting a 409A valuation and the tax, financial reporting and legal consequences of non-compliance.
• When is the right time to get your first valuation and how often you’ll need an update.
• What information you’ll need to provide to your valuation, legal and audit service providers.
• Common problems and pitfalls you will want to avoid.  
• What do do if you are unsatisfied with your valuation.

Our speakers include:

	David Broadwin, Partner, Foley Hoag	Channing Hamlet, Managing Director, Cabrillo Advisors	Ed Sullivan, Audit Partner, KPMG	Gary Levine, CEO, Corporate Focus

To register for this webinar, please visit http://www.corporatefocus.com/409a-webinar

For questions or more information, contact: info@corporatefocus.com.

SAN DIEGO, CA – April 5, 2012– Cabrillo Advisors, LLC, a national financial services firm, is excited to announce the addition of Kelly Vargas as their new Controller. 

SAN DIEGO, CA – March 27, 2012 – Cabrillo Advisors, LLC, a national financial services firm, is pleased to announce the addition of Nick Fox as General Counsel to its Shareholder Representation team and the engagement of the shareholders of cGate Health Inc., its first post-sale representation client.  cGate is a medical software development company which provides SaaS (Software-as-a-Service)-based mobile and desktop solutions that enable real-time ordering, results management, and collaboration of clinical laboratory information for physicians, nurses and clinicians. 

SAN DIEGO, CA – February 15, 2012– Cabrillo Advisors, LLC, a national financial services firm, is excited to announce the addition of Chris Dougherty as a Director to its Valuation practice.  Chris, formerly with PwC’s Valuation practice in New York, brings significant experience assisting clients with valuation matters relating to intangible assets and equity and debt securities for the purposes of financial and tax reporting…

SAN DIEGO, CA – November 16, 2011– Cabrillo Advisors, LLC, a national financial services firm, announced today that it completed a fairness opinion for a leading enterprise software business in connection with a tender offer to provide liquidity to minority shareholders.

Now is the time to begin the process of complying with the accounting procedures mandated by:

• ASC Topic 350 (Intangibles – Goodwill and Other), as recently amended by ASU 2011-08, ASC Topic 805 (Business Combinations)… ASC…. Topic 805 (Business Combinations), ASC Topic 820 (Fair Value Measurement and Disclosures)

SAN DIEGO, CA – September 15, 2011– Cabrillo Advisors, LLC, a national financial services firm, announced today that it will begin offering shareholder representation services.  Cabrillo currently serves over 400 venture backed companies on matters of M&A and valuation, and sees this new role as a natural extension of its service offering. “We see an opportunity to extend our service to clients from formation through exit and now through closure of escrow and release of funds to the investors” said Wade Hansen, Founder and CEO of Cabrillo. “The venture community has clearly embraced the outsourcing of the shareholder representation function, and in talking with our clients, we heard clearly their desire for another option as to who can perform this critical role.”

As trusted advisors on complex matters for more than a decade, Cabrillo’s team brings to bear highly refined analytical capabilities along with sophisticated transactional perspective in service to the shareholder. In addition to general escrow claims, Cabrillo understands that a significant number of claims made post-closing are generated through a working capital adjustment. Cabrillo works with clients in advance of closing to analyze and project the company’s working capital at closing to reduce the working capital adjustments, safeguard deal escrows, manage post-deal earn-outs and maximize the deal proceeds paid to its clients.

About Cabrillo Advisors, LLC

Cabrillo Advisors provides clients with high quality solutions for business valuation, mergers and acquisitions and post-sale shareholder representation. Our experienced team serves the most dynamic public, venture and private equity-backed companies across the nation. Top attorneys, CPAs, investors and business advisors rely on Cabrillo’s services to fulfill the needs of the companies they represent. With deep expertise in a wide range of industries, Cabrillo is equipped to deliver consistently high quality work to clients at a fair price. For more information, please contact Wade Hansen (whansen@cabrilloadvisors.com) or visit www.cabrilloadvisors.com.