M&A Deal Summary

Aurora Capital Partners Acquires PSC Group

On June 24, 2019, private equity firm Aurora Capital Partners acquired transportation company PSC Group from SGS for 335M USD

Acquisition Highlights
  • This is Aurora Capital Partners’ 1st transaction in the Transportation sector.
  • This is Aurora Capital Partners’ 2nd largest (disclosed) transaction.
  • This is Aurora Capital Partners’ 26th transaction in the United States.
  • This is Aurora Capital Partners’ 1st transaction in Louisiana.
Investment Fate
  • PSC Group was recapitalized in 2024.

M&A Deal Summary

Date 2019-06-24
Target PSC Group
Sector Transportation
Buyer(s) Aurora Capital Partners
Sellers(s) SGS
Deal Type Divestiture
Deal Value 335M USD

Target

PSC Group

Baton Rouge, Louisiana, United States
website
PSC Group is a provider of product handling and site logistics services for the petrochemical, refining, midstream, and marine transportation end market. PSC Group was founded in 1952 and is based in Baton Rouge, Louisiana.

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Buyer(S) 1

Buyer

Aurora Capital Partners

Los Angeles, California, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1991
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Aurora Capital Partners is a private investment firm that manages private equity funds as well as investment vehicles focused on debt/equity securities. Targeted businesses are generally industry leaders that operate in defensible markets with sustainable margins. Sectors of interest include aerospace, industrial products, and services, packaging, plastics, distribution, manufacturing, media, retail, and chemicals. Aurora will only consider majority/control positions. Aurora's investment horizon is typically three to seven years. Aurora Capital Partners was formed in 1991 and is based in Los Angeles, California.


DEAL STATS #
Overall 27 of 38
Sector (Transportation) 1 of 2
Type (Divestiture) 3 of 3
State (Louisiana) 1 of 2
Country (United States) 26 of 37
Year (2019) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-02 Alltub

Boulogne-Billancourt, France

Alltub is a manufacturer of collapsible aluminum tubes for the packaging of pharmaceutical, cosmetics, foodstuffs, and industrial products. Alltub was founded in 2005 and is based in Boulogne-Billancourt, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-24 Cold Chain Technologies

Franklin, Massachusetts, United States

Cold Chain Technologies is a global provider of single-use and reusable passive thermal packaging solutions that ensure reliable shipment of temperature-sensitive materials, principally serving the life sciences supply chain. Cold Chain Technologies was founded in 1967 and is based in Franklin, Massachusetts.

Buy -

Seller(S) 1

SELLER

SGS

Geneva, Switzerland

website


Category Company
Founded 1878
Sector Test/Measurement Equipment
Employees96,216
Revenue 6.6B CHF (2022)
DESCRIPTION
Entrance to SGS' headquarters in Geneva, Switzerland.
Entrance to SGS' headquarters in Geneva, Switzerland.

SGS is a provider of inspection, verification, testing and certification services. SGS is recognized as the global benchmark in quality and integrity. SGS was founded in 1878 and is based in Geneva, Switzerland.


DEAL STATS #
Overall 1 of 3
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 2
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 i2i Infinity

Shepton Mallet, United Kingdom

i2i Infinity Ltd. is a provider of Electronic Certificates of Origin in the UK. i2i Infinity Ltd. provides customs compliance services to exporters and chambers of commerce using innovative proprietary software solutions. Accredited by the British Chamber of Commerce, i2i’s software as a service platform is actively used in over 65 chambers of commerce in the UK and Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Maine Pointe

Boston, Massachusetts, United States

Maine Pointe LLC is a supply chain and operations consulting firm delivering business process optimization and improvement through its proprietary methodology named Total Value Optimization (TVO).

Buy -