The Mirus Special Situations Group
Alpine Computer Systems, Inc.
Alpine, a provider of remote network management services and IT systems integration, was acquired by Computer People, which was itself acquired by Adecco, a multi-national professional staffing firm.
After several years as a subsidiary, Alpine's managed services business was clearly not a fit with Adecco's global strategy, and as a consequence, Adecco determined to divest the business.
The management team and founders of Alpine made an offer to buy the business back, and needed to quickly raise capital to finance both the acquisition and their growth strategy for the business.
Mirus was retained to represent Alpine, and within 90 days had structured a $35 million package of debt and equity from William E. Simon & Sons and Mellon Ventures.