CSI acquires LANart, merges business with Transition Networks

Boston, MA  March 1999 – Mirus Capital Advisors announced that it has advised LANart on a sale of its business to Communications Systems, Inc. of Hector, MN. LANart will be merged with Transition Networks, acquired by CSI in 1998. Mirus represented LANart on the transaction, which included $11 million in cash consideration.

About Mirus Capital Advisors

Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care, and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations, and valuations. For additional information, visit www.merger.com.