Telvent GIT Acquires PB Farradyne

May 2006

	Telvent (Nasdaq: TLVT) specializes in providing high value-added products, services and integrated solutions for the Energy, Transportation, Environment and Public Administration industry segments
	Farradyne, a Parsons Brinckerhoff business, is a traffic IT consulting and integration company specializing in the planning, deploying, integrating, and marketing of Intelligent Transportation Systems
	Telvent retained M&A International Inc. partners TM Capital and Closa Corporate Finance (Closa) to identify and pursue acquisition targets to expand its traffic and transportation business
	With its 27 offices in 19 states in the United States and a reputation for high-end IT traffic solutions, Farradyne was the best fit for Telvent’s North American expansion strategy
	TM Capital and Closa leveraged their cross-border expertise and industry intelligence to identify ideal strategic targets to accelerate Telvent’s global expansion strategy