M&A Deal Summary |
|
|---|---|
| Date | 2005-09-15 |
| Target | HealthMarkets |
| Sector | Insurance |
| Buyer(s) |
Goldman Sachs Merchant Banking
The Blackstone Group |
| Deal Type | Going Private |
| Deal Value | 1.6B USD |
| Advisor(s) | Morgan Stanley (Financial) Jones Day (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 178 |
| Sector (Insurance) | 1 of 6 |
| Type (Going Private) | 3 of 15 |
| State (Texas) | 1 of 9 |
| Country (United States) | 15 of 122 |
| Year (2005) | 7 of 10 |
| Size (of disclosed) | 24 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-18 |
HighPoint Resources
Denver, Colorado, United States HighPoint Resources is an exploration and production company focused on the development of oil and natural gas assets located in the Denver-Julesburg Basin of Colorado. The Company's assets are located in the NE Wattenberg and Hereford Fields and in rural settings that are favorable for oil development. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-11-09 |
Ahlsell
Stockholm, Sweden Ahlsell is a distributor of heating & plumbing and electrical installation products. The company is focused on five core markets: Heating & Plumbing, Electrical, Tools & Machinery, Refrigeration and DIY, and has built leading market positions in a number of these sectors across the Nordic region. Ahlsell's diversified customer base has access to over 125,000 products from the company's 216 outlets across the region and can access a further 200,000 products from Ahlsell's suppliers. Ahlsell was founded in 1877 and is based in Stockholm, Sweden. |
Buy | €1.2B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 131.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 85 of 320 |
| Sector (Insurance) | 4 of 10 |
| Type (Going Private) | 3 of 32 |
| State (Texas) | 8 of 32 |
| Country (United States) | 61 of 202 |
| Year (2005) | 6 of 11 |
| Size (of disclosed) | 67 of 167 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-11 |
SunGard Data Systems
Wayne, Pennsylvania, United States SunGard Data Systems, Inc. is a provider of software and processing solutions for the financial services industry, higher education, and the public sector in over 70 countries. SunGard also offers disaster recovery, managed IT, and information availability consulting services along with business continuity management software. |
Buy | $11.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-10-03 |
Texas Genco Holdings
Houston, Texas, United States Texas Genco Holdings, Inc., based in Houston, Texas, is an electric power generating company with over 14,000 megawatts of generation capacity. It sells electric generation capacity, energy and ancillary services in one of the nation's largest power markets, the Electric Reliability Council of Texas (ERCOT). Texas Genco has one of the most diversified generation portfolios in Texas, using natural gas, oil, coal, lignite, and uranium fuels. The company owns and operates 60 generating units at 11 electric power-generating facilities and owns a 30.8 percent interest in a nuclear generating plant. |
Sell | $5.8B |
