Micanan Systems Inc.

NICE S.p.A. has acquired Micanan Systems Inc.

Industry:

Manufacturing

NICE S.p.A. has acquired Micanan Systems Inc. MNP Corporate Finance Inc. acted as exclusive financial advisor to Micanan Systems Inc. in structuring and negotiating this transaction.

Transaction Brief

Founded in 1999 in Montreal, Quebec, Micanan is a leading designer and manufacturer of commercial and industrial electric garage door operators for the North American commercial, industrial and high-performance door markets.

A leader in integrated automation systems through its garage doors, swing and sliding gates and road barriers, Nice S.p.A. has completed its strategic acquisition of Micanan Systems Inc.'s shares.