Corporate Fuel Advisors (CFA) is pleased to announce the sale of Innovation Control Systems, Inc

Corporate Fuel Advisors (CFA) is pleased to announce the sale of Innovation Control Systems, Inc. (ICS) to Emerson Process Management, an Emerson business. CFA acted as exclusive financial advisor to Innovation Control Systems on this transaction.

Innovation Control Systems Inc (ICS), is a leader in turbine control upgrades for power generation application. ICS provides turnkey solutions including planning, engineering, configuration, installation and commissioning for turbomachinery automation retrofits. The Company is based in Clifton Park, New York.

Emerson Process Management's Power and Water Solutions division is a global supplier of advanced distributed process control and information systems, and a recognized leader in developing plant-wide process control solutions for the power generation, water treatment, and waste water treatment industries. The Power and Water Solutions division is headquartered in Pittsburgh, PA.

Corporate Fuel Advisors, a New York-based investment banking firm, provides a full range of advisory services to middle market companies. The firm advises on mergers and acquisitions, and raising debt and equity capital. CFA concentrates on small to mid-size enterprises with revenue between $10 million and $200 million. The diverse experience of our partners and unique market focus allows us to bring an unmatched level of expertise to our clients.