Marshall & Swift/Boeckh (MSB) Announces Purchase by TPG Capital

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MILWAUKEE, Jan. 5, 2011 /CNW/ -- Marshall & Swift/Boeckh (MSB) today announced that MacDonald Dettwiler and Associates (MDA) has sold MSB to TPG Capital (TPG) - a well known global investment firm with more than $48 billion in assets under management and with strong experience supporting companies in the insurance and financial services marketspace. The transaction closed on January 4, 2011.

"MSB has achieved outstanding growth over the last many years and now looks forward to continued success while partnering with TPG," said Salil Donde, CEO of MSB. "TPG is fully supportive of and in total congruence with our business and strategic plans and we are excited about our future prospects with this new partnership. We will continue delivering world class property estimating solutions and thought leadership to the markets we serve," Mr. Donde confirmed. "MSB has provided value - added benefits to our customers for over 80 years and will continue providing the same great service, delivered by the same great people with continued focus on our core offerings and product roadmap," concluded Mr. Donde.

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    About Marshall & Swift/Boeckh
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Marshall & Swift / Boeckh (MSB) is the leading supplier of local building cost information as well as residential and commercial property valuation technology and services in the United States and Canada. Services also include MSB's InFocus Analytics, business intelligence, and industry leading "outsourcing" solutions. MSB has five offices throughout the U.S. and Canada.

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    About TPG Capital
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TPG Capital is the global buyout group of TPG, a leading private investment firm founded in 1992, with more than $48 billion of assets under management. The firm's investment philosophy has been to create value by investing in change created by industry trends, economic cycles or specific company circumstances. TPG provides creative capital structured for each investment opportunity and offers its wealth of experience, industry expertise, deep operating skill sets and large global network of affiliated partners as a vital resource from which management can draw strategic, financial and operational guidance. TPG invests in companies across a broad range of industries and geographies. Its goal is to help management teams build long-term value that benefits all stakeholders.

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    About MDA
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MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide. Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.

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SOURCE Marshall

For further information: Todd Eyler, Vice President - Marketing of Marshall & Swift/Boeckh, 1-800-809-0016, ext. 3687, todd.eyler@msbinfo.com

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Marshall & Swift/Boeckh

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