M&A Deal Summary |
|
|---|---|
| Date | 2021-05-27 |
| Target | Banker Steel |
| Sector | Construction |
| Buyer(s) | DBM |
| Sellers(s) |
Atlas Holdings
Turnspire Capital Partners |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Construction |
| Employees | 1,300 |
| Revenue | 736M USD (2007) |
DBM is focused on delivering world class, sustainable value to its clients through a highly collaborative portfolio of companies which provide better designs, more efficient construction and superior asset management solutions. The Company offers integrated steel construction services from a single source and professional services which include design-assist, design-build, engineering, detailing, BIM co-ordination, steel modeling/detailing, fabrication, rebar detailing, advanced field erection, project management, and state-of-the-art steel management systems. Major market segments include commercial, healthcare, convention centers, stadiums, gaming and hospitality, mixed use and retail, industrial, public works, bridges, transportation, and international projects. When the transactions have been completed, the Company, which is headquartered in Phoenix, Arizona, will have operations in United States, Australia, Canada, India, New Zealand, Philippines, Singapore, Thailand and the United Kingdom. DBM was founded in 1976 and is headquartered in Phoenix, Arizona.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Construction) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-11 |
GrayWolf Industrial
Owensboro, Kentucky, United States GrayWolf is a specialized mechanical contractor focused on the power, refinery and heavy industrial markets. The company offers fully outsourced and on-call maintenance services as well as installation services for environmental compliance projects, plant extensions, upgrades and new builds. GrayWolf’s customer base includes plant operators, industrial contractors and original equipment manufacturers. |
Buy | $135M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| Size | Large |
| Type | Sector Agnostic |
Atlas Holdings is a private equity and investment holding firm focused on acquiring controlling interests in businesses operating in traditional, basic industries. Areas of interest include automotive, business services, industrial services, building materials, pulp and paper, distribution, energy, packaging, specialty steel and wood products. The Firm will participate in bankruptcy investments, highly structured equity and debt investments, leveraged ESOP acquisitions, out-of-court restructurings, and roll-ups. Atlas typically partners with private and institutional investors and structures one investment at a time. Atlas Holdings was established in 2002 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 11 |
| Sector (Construction) | 2 of 2 |
| Type (Divestiture) | 1 of 1 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 8 of 10 |
| Year (2021) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-01 |
Merchants Metals
Atlanta, Georgia, United States Merchants Metals manufactures chain link and ornamental steel fences and fittings at five manufacturing facilities in Houston, Texas; Statesville, North Carolina; Harrison, Arkansas; New Paris, Indiana; and Mexicali, CP, Mexico. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-07 |
Foster Farms
Livingston, California, United States Foster Farms is a family-owned provider of fresh, frozen, and prepared poultry products. Foster Farms operates major processing facilities in California, Washington, Louisiana, Oregon, and Alabama. Foster Farms was founded in 1939 and is based in Livingston, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2013 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Turnspire Capital Partners is a private investment firm focused on acquiring North American companies that have reached 'strategic, operational, or financial inflection points' with their business and could benefit from a hands-on investor. Turnspire will consider a variety of transaction situations, including special situations, corporate carve-outs, and family transitions. Sectors of interest include aerospace/defense, automotive, machinery, chemicals, consumer, building materials, food/beverages, logistics, metals, packaging, and plastics. Prospective companies generally have revenues of $50 to $400 million. Turnspire Capital Partners was formed in 2013 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Construction) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 3 of 4 |
| Year (2021) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-24 |
Crane Carrier
New Philadelphia, Ohio, United States Crane Carrier is a provider in the vocational truck industry, providing custom, severe-service chassis, and purpose-built vehicles for the refuse and recycling, infrastructure maintenance, ground support, agriculture, and oil and gas markets under the Crane Carrier Company and Crane Carrier Company Engineered Chassis brands. Crane Carrier was founded in 1953 and is based in New Philadelphia, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-12 |
Emerson Electric - Daniel Measurement & Control Business
Houston, United States Emerson Electric - Daniel Measurement & Control Business provides flow and energy measurement technologies and services to the natural gas and refined hydrocarbon industries. |
Buy | - |
