M&A Deal Summary |
|
|---|---|
| Date | 2013-08-16 |
| Target | Spyder Active Sports |
| Sector | Apparel/Textiles |
| Buyer(s) | Authentic Brands Group |
| Sellers(s) |
Norwest Mezzanine Partners
Apax KarpReilly |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Blackstone Advisory Partners (Financial) |
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Authentic Brands Group is a brand development company which owns a major global portfolio of iconic fashion, sports and entertainment brands. ABG's mission is to acquire, manage and build long-term value of consumer brands through partnering with best-in-class licensees and retailers. Authentic Brands Group is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 29 |
| Sector (Apparel/Textiles) | 2 of 18 |
| Type (Add-on Acquisition) | 3 of 11 |
| State (Colorado) | 1 of 2 |
| Country (United States) | 4 of 24 |
| Year (2013) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-16 |
Prince Sports
Atlanta, Georgia, United States Prince Sports, Inc. is the premiere brand in racquet sports, having pioneered such revolutionary designs as the "oversized" and "longbody" racquets for tennis. The success of Prince in tennis has grown over the years to include a full range of products targeting all major racquet sports including, squash, racquetball and badminton. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-19 |
Muhammad Ali Enterprises
New York, New York, United States Muhammad Ali Enterprises LLC is involved in a global licensing program, merchandising, television, film, video and internet projects. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 2.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Norwest Mezzanine Partners (NMP) is an independent investment firm focused on providing junior capital to support transactions initiated by private equity sponsors. NMP looks to commit up to $50 million per investment. Prospective transaction situations can include buyouts, acquisitions, leveraged buildups or consolidations, recapitalizations, and going privates. NMP will consider opportunities in a wide range of industries, including distribution, manufacturing, healthcare, and consumer products. Norwest Mezzanine Partners is affiliated with private equity firm Norwest Equity Partners. NMP was formed in 2000 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 53 |
| Sector (Apparel/Textiles) | 1 of 1 |
| Type (Add-on Acquisition) | 11 of 26 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 24 of 51 |
| Year (2013) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-25 |
OTC Industrial Technologies
Columbus, Ohio, United States OTC Industrial Technologies is an industrial equipment service provider and distributor of highly engineered products including motion control, pumps, finishing products, robotics, motors and air compressors. OTC serves over 13,000 customers across diverse end-markets, providing highly technical sales consultation and aftermarket repair and services. OTC Industrial Technologies was founded in 1963 and is based in Columbus, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-14 |
Longwood Elastomers
Greensboro, North Carolina, United States Longwood Industries, uses specialized knowledge and technological expertise to design and manufacture a variety of rubber, plastic and specialty products used in the automotive, railroad, food processors and marine industry sectors. Longwood’s quality-driven approach provides unmatched value to its customers along with cost-competitive solutions and dependable delivery. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 60.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from €1 to €5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 87 of 163 |
| Sector (Apparel/Textiles) | 2 of 3 |
| Type (Add-on Acquisition) | 34 of 57 |
| State (Colorado) | 1 of 3 |
| Country (United States) | 31 of 63 |
| Year (2013) | 8 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-08-05 |
HUB International
Chicago, Illinois, United States HUB International is a global insurance brokerage providing a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States (including Puerto Rico), Canada and Brazil. HUB International was formed in 1998 and is based in Chicago, Illinois. |
Sell | $4.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-05 |
Astex Pharmaceuticals
Dublin, California, United States Astex Pharmaceuticals, Inc. is a provider of drug discovery, development and commercialization, committed to the fight against cancer and other life threatening diseases. |
Sell | $886M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 500M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
KarpReilly is a private equity firm focused on investments in private and public small to mid-size growth companies across a broad range of industries. The Firm looks to commit $10 to $75 of equity capital in businesses needing funds to expand upon proven business models. Sectors of interest include building materials, business services, consumer brands, healthcare services, retail, and restaurants. KarpReilly will consider both minority or majority investment positions in transactions that include growth financings, management buyouts, acquisitions financings, and recapitalizations. KarpReilly and its predecessor firm Saunders, Karp & Megrue. KarpReilly was formed in 2007 and is located in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 14 |
| Sector (Apparel/Textiles) | 2 of 2 |
| Type (Add-on Acquisition) | 4 of 6 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 6 of 13 |
| Year (2013) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-22 |
Miller s Ale House
Jupiter, Florida, United States Miller's Ale House is a full service restaurant provider of top‐quality food at a great value in a casual neighborhood tavern atmosphere. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-09 |
Norcraft Companies
Eagan, Minnesota, United States Norcraft Companies, Inc. is a manufacturer of kitchen and bathroom cabinetry in the United States and Canada. Norcraft provides its customers with a single source for a broad range of high-quality cabinetry, including stock and semi-custom cabinets manufactured in both framed and frameless (full access) construction. Norcraft was formed in 1966 and is based in Eagan, Minnesota. |
Sell | - |
