SM&A Special Committee of the Board Turns to Munger Tolles Lawyers in $120M Sale to Odyssey Investment Partners

Munger, Tolles & Olson partners Rob Knauss and Jay Fujitani, along with associate Katherine Ku, represented the Special Committee of the Board of Directors of SM&A in a transaction in which an affiliate of Odyssey will acquire SM&A for $6.25 per share in cash in a transaction with a total value of approximately $119.6 million. SM&A , the world's foremost management consulting firm providing solutions to pursue, win and perform on competitive procurement projects, and Odyssey Investment Partners, a leading middle-market private equity firm, announced a definitive agreement on October 31, 2008 which was unanimously approved by SM&A's Board of Directors. The agreed acquisition price represents a premium of 159% over the closing price of SM&A's common stock at close of business on October 30, 2008.

Click here to view SM&A's press release.

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Rob Knauss joined Munger, Tolles & Olson in 1981and has concentrated on general corporate and partnership law, focusing primarily on mergers and acquisitions, corporate finance and securities.

Jay Fujitani specializes in corporate, business and Federal securities laws. Mr. Fujitani also advises clients, including various compensation consulting firms, on securities laws and other issues in connection with executive compensation matters.

Katherine Ku practices general corporate law. She has served as counsel in a variety of contexts, including public securities offerings, public company disclosure, corporate governance, special committee representations, mergers and acquisitions, joint ventures, and private equity investments.