D.A. Davidson Guides Nielsen-Kellerman's Strategic Sale

D.A. Davidson's Role as Financial Advisor

D.A. Davidson & Co. has announced its exclusive role as the sell-side financial advisor in the recent sale of Nielsen-Kellerman Acquisition Corp., commonly known as Nielsen-Kellerman. This strategic move comes as the company transitions ownership to Gladstone Investment Corporation. This partnership represents a significant milestone for Nielsen-Kellerman, known for its dedication to providing precise environmental measurement tools.

About Nielsen-Kellerman

Nielsen-Kellerman, founded in 1978, has carved a niche in designing and manufacturing durable and waterproof instruments tailored for environmental measurement and sports performance. The company specializes in producing equipment that caters to a diverse clientele, from outdoor adventurers and athletes to technical professionals, who depend on high-quality, reliable instruments in various challenging conditions.

Kestrel Instruments: A Highlight of Innovation

The Kestrel Instruments series exemplifies Nielsen-Kellerman's commitment to innovation, offering a comprehensive range of models. Each model is meticulously engineered to address the environmental measurement requirements across numerous applications. The robustness and accuracy of Kestrel products make them indispensable for users, even in the harshest environments.

Ambient Weather and Connected Solutions

Additionally, Ambient Weather stands out as a leader in the weather station market, providing environmental monitoring instruments alongside user-friendly web-based dashboards for over twenty years. Their technology facilitates an unparalleled connected weather experience, empowering users to interact with nearby stations or monitor conditions from afar.

Leadership Insights on the Partnership

Chuck Arkell, CEO of Nielsen-Kellerman, emphasized the critical role D.A. Davidson played in identifying a partner that aligns with their growth vision. He stated, 'D.A. Davidson's expertise and dedication to understanding our unique strengths were key in this process. They ensured we found a partner who embraces our legacy while focusing on our future success.'

Similarly, Matt Blevins, Managing Partner at Clearview Capital, remarked on the team’s invaluable industry connections, highlighting that they were instrumental in facilitating a successful transition despite a challenging market landscape. 'Their deep relationships and expertise truly made a difference,' Blevins noted.

About D.A. Davidson Companies

Founded in 1935, D.A. Davidson is an employee-owned financial services firm providing a range of services to individuals, corporations, institutions, and municipalities across the country. With a workforce composed of approximately 1,600 professionals and offices in 30 states, the firm stands out for its comprehensive financial solutions.

Services Offered

Among its subsidiaries, D.A. Davidson & Co. delivers full-service investment solutions, encompassing wealth management, investment banking, and capital market services. Their expert team operates within various sectors including consumer products, outdoor recreation, and more. Their collaborative approach alongside European strategic partner MCF Corporate Finance further enhances their capability to conduct transatlantic M&A transactions.

Conclusion

The partnership between Nielsen-Kellerman and Gladstone Investment Corporation heralds a new era for the firm. With D.A. Davidson’s expert guidance, the team on both sides is looking forward to a promising future filled with innovation and growth.

Frequently Asked Questions

What is D.A. Davidson known for?

D.A. Davidson is recognized as a comprehensive financial services firm offering investment banking, wealth management, and advisory services across multiple sectors.

Who acquired Nielsen-Kellerman?

Nielsen-Kellerman has been acquired by Gladstone Investment Corporation with the advisory assistance of D.A. Davidson.

What products does Nielsen-Kellerman offer?

Nielsen-Kellerman designs and manufactures waterproof environmental measurement instruments and sports performance tools, widely used by both professionals and enthusiasts.

When was Nielsen-Kellerman founded?

Nielsen-Kellerman was founded in 1978 and has since developed a reputation for precision and innovation in environmental measurement.

How does Ambient Weather play a role?

Ambient Weather is a market leader in weather stations and provides connected weather monitoring solutions that enhance user experience.

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