Tobin & Company Investment Banking Group LLC acted as strategic merger and acquisition advisor to Instantel, Inc. The company was sold to a financial buyer based in Chicago.
Instantel is the leader in the newborn abduction-prevention marketplace for hospitals.
The client also provides tracking products for the nursing industry and vibration monitoring products for the construction and mining industries.
Tobin & Company located a strategic buyer, whose offer was declined, as well as a proposed financial buyer.
