Mirus completes 409A valuation for Magnemotion

MagneMotion provides assembly and process automation, material handling, and transportation solutions based on our advanced electro-magnetic technology and controls. At the core of MagneMotion’s products and services is a new generation of Linear Synchronous Motor (LSM) technology that provides significantly higher performance than conventional transportation and factory automation systems. The company’s success comes from a problem-solving approach and years of research focused on creating optimal solutions to address current and emerging market needs. MagneMotion has proven to be the front-runner in providing innovative and cost-effective linear motor solutions sought by industry leaders in the manufacturing and transportation sectors, by major OEMs and by government agencies such as the DOT, DOE, DOD, and NASA.

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.