Transactions

the stock of Instrument Development Corporation has been acquired by in an equity recapitalization with Monument Advisors Inc. MERTZ ASSOCIATES acted as advisor to Instrument Development Corporaton in designing a marketing program, preparing offering materials, contacting potential purchasers, evaluating proposals and participating in negotiations.

• INSTRUMENT DEVELOPMENT CORPORATION, Mukwonago, Wisconsin, a privately held corporation with annual sales of more than $5 million, is a manufacturer of ultra-precision machined components for the aerospace (military) industry.
   
• MONUMENT ADVISORS INC., Indianapolis, Indiana, is a private equity firm focused on leveraged buyouts and recapitalizations in the lower middle market. Monument Advisors partners with management teams to acquire and help build companies with an enterprise value between $5 and $50 million.