M&A Deal Summary |
|
|---|---|
| Date | 2016-04-15 |
| Target | United States Pipe and Foundry |
| Sector | Building Materials |
| Buyer(s) | Forterra |
| Sellers(s) |
Wynnchurch Capital
Comvest Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1899 |
| Sector | Building Materials |
| Employees | 4,578 |
| Revenue | 1.6B USD (2020) |
Forterra is a manufacturer of water and drainage pipe and products in the U.S. and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution, drainage, and stormwater systems. Forterra was founded in 1899 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 9 |
| Sector (Building Materials) | 3 of 7 |
| Type (Add-on Acquisition) | 3 of 8 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 3 of 8 |
| Year (2016) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-01 |
Sherman-Dixie Concrete Industries
Nashville, Tennessee, United States Sherman-Dixie Concrete Industries, Inc. is a producer of precast concrete structures operating eight facilities in Tennessee, Kentucky, Alabama and Indiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-04 |
Modular Wetland Systems
Oceanside, California, United States Modular Wetland Systems, Inc. is a provider of stormwater products and solutions for civil engineers, general contractors, developers, and landscape architects. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 5.3B USD |
| Size | Mega |
| Type | Sector Agnostic |
Wynnchurch Capital is a private equity firm focused on middle-market company investments in the US and Canada. Wynnchurch looks to commit up to $500 million of equity per transaction in industries spanning manufacturing, business services, logistics, energy and power services, and value-added distribution. Prospective transaction types include management buyouts, recapitalizations, corporate carve-outs, restructurings, turnarounds and growth capital situations. Wynnchurch Capital was formed in 1999 and is based in Rosemont, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 32 |
| Sector (Building Materials) | 1 of 3 |
| Type (Add-on Acquisition) | 4 of 12 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 11 of 27 |
| Year (2016) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-17 |
Texas Hydraulics
Temple, Texas, United States Texas Hydraulics is a manufacturer of highly engineered, custom-designed hydraulic cylinders, swivels and related components for mobile equipment applications. The Company provides front-end design solutions for the most challenging hydraulic cylinder, swivel, and related applications. Texas Hydraulics uses its technical expertise related to valve integration, position sensing technology, large bore and long stroke cylinder manufacturing to provide a differentiated value proposition to its customers. Texas Hydraulics was founded in 1968 and is based in Temple, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-31 |
JAC Products
Pontiac, Michigan, United States JAC Products is a global designer and manufacturer of original equipment roof racks systems, with expanded product offerings in cargo management systems, running boards and steps rails. The company supplies OEM manufacturers worldwide with engineering, sales, manufacturing, and partnership locations in North America, Europe, China, Japan and South America. JAC Products was founded in 1967 and is based in Pontiac, Michigan. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 7.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Comvest Partners is a private investment firm that provides equity and debt capital to middle-market companies across North America. Comvest funds a variety of investment situations, including buyouts, divestitures, recapitalizations, consolidations, take privates, and turnarounds. Sectors of interest include business services, information services, education, financial services, healthcare services, software, IT, and transportation. For equity investments, Comvest prefers control and looks to invest $50 to $150 million per transaction. For debt needs, Comvest seeks to provide $25 to $250 million per transaction. Comvest Partners was formed in 2000 and is based in West Palm Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 40 |
| Sector (Building Materials) | 1 of 1 |
| Type (Add-on Acquisition) | 12 of 22 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 23 of 40 |
| Year (2016) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-21 |
Karmaloop
Boston, Massachusetts, United States Karmaloop, Inc. is an eCommerce business that sells urban fashion and streetwear, including apparel, shoes and accessories. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-06 |
Convey
Fort Lauderdale, Florida, United States Convey is a specialized healthcare technology and business process outsourcing firm that is committed to providing clients with healthcare-specific, compliant member support solutions utilizing technology, engagement, and analytics. Convey was founded in 2003 and is based in Fort Lauderdale, Florida. |
Sell | - |
