The Board of Directors of Micro Electronic Technologies, Inc., a rapidly growing contract manufacturer in the electronics industry, engaged Shields & Company to analyze the alternatives to fund the company's continuing expansion, as well as provide liquidity for its shareholders. Micro Electronic Technologies was subsequently acquired by Danis Asset Management, Inc. The Company's shareholders achieved liquidity, and its senior management continues to have a significant role in the combined company.
Shields & Company acted as a financial advisor to Micro Electronic Technologies, Inc. in the above transaction.