ROTH Capital Partners Acts as Financial Advisor to
TekWorks, Inc. in its merger with Paladin Technologies, Inc.

   

For more information please contact:

Investment Banking
Gerald L. Mars
Managing Director
(949) 720-7196
gmars@roth.com

Jacob Frank
Director
(949) 720-7174
jfrank@roth.com

Ford Hanour
Senior Analyst
(949) 720-7141
fhanour@roth.com

Transaction Information
January 10th, 2019 - Paladin Technologies Inc., (“Paladin Technologies”) announced the commencement of its expansion into the US market through the recent merger with TekWorks Inc., (“TekWorks”) headquartered in San Diego, CA. Effective January 1st, 2019, both organizations will work collaboratively to provide unmatched technology integration solutions, including design-build projects for security systems, audio visual, network cabling, data centers, and network services. With access to the depth of Paladin’s coast to coast resources, and over 40 years of industry growth, TekWorks will better serve clients while expanding to new market opportunities as a Paladin Technologies company.

TekWorks will continue to operate as is under the TekWorks brand as a Paladin Technologies company. All existing office locations, phone numbers, and email addresses will remain the same as TekWorks integrates with the Paladin group of companies.

Terms of the transaction were not disclosed. However, a joint press release with more information was issued by the companies and can be accessed through the following hyperlink: CLICK HERE

ROTH Capital Partners, LLC (“ROTH”) served as TekWorks’ financial advisor while Hahn Loeser & Parks LLP provided legal counsel. Morrison & Foerster LLP served as legal advisor to Paladin Technologies.

About TekWorks, Inc.
With offices serving all of Southern California, TekWorks employs over 200 talented and committed professionals dedicated to custom-crafting and installing technology solutions for companies requiring Network Cabling, Data Center, Outside Plant, Fiber Optics, Audio Visual, Physical Security, and Network Services. TekWorks handles every phase of a project. From conceptualization, through design and engineering, to installation and programming, we become the single point of contact. For more information, please visit tekworks.com.
(Source: Company Press Release | 1/10/19)

About Paladin Technologies, Inc.
Paladin Technologies emerged as the largest complex systems integrator in Canada, specializing in solutions including IP security, audio visual, low-voltage infrastructure, networking & wireless, unified communications, and monitoring. Driven by a strong corporate culture and a vision of innovation through teamwork, Paladin designs and deploys sophisticated systems technology for clients on a national scale, while providing premier local support. For more information, please visit paladintechnologies.com.
(Source: Company Press Release | 1/10/19)

About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com.

Date of Announcement: 1/10/19

The material, information and  facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2019.