M&A Deal Summary

American Securities Acquires Acuren

On December 1, 2019, private equity firm American Securities acquired test/measurement equipment company Acuren

Acquisition Highlights
  • This is American Securities’ 1st transaction in the Test/Measurement Equipment sector.
  • This is American Securities’ 62nd transaction in the United States.
  • This is American Securities’ 8th transaction in Texas.

M&A Deal Summary
Date 2019-12-01
Target Acuren
Sector Test/Measurement Equipment
Buyer(s) American Securities
Deal Type Buyout (LBO, MBO, MBI)

Target

Acuren

Tomball, Texas, United States
website
Acuren is a provider of non-destructive testing and related services to energy and industrial end markets in North America. Acuren serves over 8,000 individual customer sites through its 84 field offices in the United States, Canada, and the United Kingdom. Acuren was founded in 1974 and is based in Tomball, Texas.

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Buyer(S) 1

Buyer

American Securities

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1994
PE ASSETS 26.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Securities is a large private equity firm that typically partners with management when pursuing company acquisitions. American Securities typically targets US-based companies and generally seeks to commit $300 to $700 million per transaction. Areas of interest include consumer products, restaurants, healthcare, industrial, aerospace, defense, agriculture, environmental, paper/packaging, energy, and specialty chemicals. The Firm was originally formed in 1947 as the family office for William Rosenwald, an heir to the Sears Roebuck & Company, and began accepting outside investors in 1994. American Securities is headquartered in New York City.

DEAL STATS #
Overall 63 of 80
Sector (Test/Measurement Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 24 of 28
State (Texas) 8 of 10
Country (United States) 62 of 79
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-14 Amentum

Chantilly, Virginia, United States

Amentum is a contractor to the U.S. federal government and select allied national governments, supporting programs of critical national significance across defense, security and intelligence, energy, and environmental cleanup. Amentum previously operated as the Management Services segment within AECOM. Amentum is based in Chantilly, Virginia.

Buy $2.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 United FP

Austin, Texas, United States

United FP is a developer and operator of fitness clubs under the Planet Fitness brand serving approximately 1.1 million members across 168 clubs in 14 states. United FP was founded in 2016 and is based in Austin, Texas.

Buy -
Mergr

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