Fairchild had recently shuttered its operations at its facility in West Jordan, UT and had executed a transaction transferring ownership of the real estate to a local developer
As parts of the liquidation process,Fairchild was seeking a buyer for the entirety of the 150mm semiconductor manufacturing tool line and all related spare parts and equipment
Through an effective and broad outreach campaign, FabExchange was able to introduce multiple semiconductor manufacturers with strategic interest in acquiring the entirety of the tool line and related equipment
FabExchange counseled both buyer and seller throughout negotiations, providing credibility to and helping structure the buyer’s bid while advising Fairchild in its selection of a lead bidder. Ultimately, Fairchild was able to secure highly advantageous deal terms while achieving its disposition objectives: sale of the entirety of the tools and equipment to a single buyer
In addition to its transaction advisory services, Fabexchange provided assistance with legal documentation and closing, Facilitated the logistics of tool deinstallation and transfer, and disposed of a handful of tools eventually deemed unnecessary by the buyer