M&A Deal Summary

Goldman Sachs Asset Management Acquires Coal and Coke Merchants

On April 30, 2024, Goldman Sachs Asset Management acquired environmental company Coal and Coke Merchants from Sun Capital Partners

Acquisition Highlights
  • This is Goldman Sachs Asset Management’s 1st transaction in the Environmental sector.
  • This is Goldman Sachs Asset Management’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2024-04-30
Target Coal and Coke Merchants
Sector Environmental
Buyer(s) Goldman Sachs Asset Management
Sellers(s) Sun Capital Partners
Deal Type Add-on Acquisition

Target

Coal and Coke Merchants

Harrogate, United Kingdom
website
Coal and Coke Merchants help public and private sector businesses understand and manage their environmental risks, reducing the impact to the environment, their operation and their reputation. Coal and Coke Merchants focus on consulting, preventing and responding to your environmental risks, so you can focus on your customers. Coal and Coke Merchants was founded in 1926 and is based in Harrogate, United kingdom.

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Buyer(S) 1

Buyer

Goldman Sachs Asset Management

New York, New York, United States

website

Category Company
Sector Financial Services
DESCRIPTION

Goldman Sachs Asset Management (dba GSAM) is the asset management arm of The Goldman Sachs Group. GSAM offers advisory services to individuals and institutional clients around the world from offices in the US, Europe, and Asia.

DEAL STATS #
Overall 15 of 15
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 6 of 6
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 DOXA Insurance

Fort Wayne, Indiana, United States

DOXA Insurance is an insurance holding company focused on acquiring and building a variety of specialty insurance programs and offerings. DOXA Insurance was formed in 2016 and is based in Fort Wayne, Indiana.

Buy -

Seller(S) 1

SELLER

Sun Capital Partners

Boca Raton, Florida, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1995
PE ASSETS 13.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Sun Capital's corporate headquarters in Boca Raton, Florida.
Sun Capital's corporate headquarters in Boca Raton, Florida.

Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 125 of 125
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 53 of 53
Country (United Kingdom) 16 of 16
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-31 VR Group

Colognola Ai Colli, Italy

VR Group is a producer of washing machine windows and quality glass tableware. VR Group was founded in 1905 and is based in Colognola Ai Colli, Italy.

Sell -
Mergr

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