M&A Deal Summary |
|
|---|---|
| Date | 2021-12-03 |
| Target | Time Manufacturing |
| Sector | Machinery |
| Buyer(s) | H.I.G. Private Equity |
| Sellers(s) | The Sterling Group |
| Deal Type | Secondary Buyout |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 57.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HIG Private Equity is the private equity arm of HIG Capital LLC. The firm focuses on management buyouts, growth equity investments, and recapitalizations of middle market companies with an enterprise value of $50 - $500 million. The Firm also will consider add-on acquisitions, industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 and has offices in Miami, Atlanta, Boston, and San Francisco. HIG's European affiliate is HIG Europe with offices in London, Hamburg, and Paris.
| DEAL STATS | # |
|---|---|
| Overall | 306 of 349 |
| Sector (Machinery) | 4 of 5 |
| Type (Secondary Buyout) | 44 of 60 |
| State (Texas) | 20 of 24 |
| Country (United States) | 204 of 231 |
| Year (2021) | 34 of 35 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-01 |
Sustana
De Pere, Wisconsin, United States Sustana is a manufacturer of premium de-inked recycled pulp from post-consumer waste. manufacturer of sustainable recycled fibers, paper, and packaging of the highest quality de-inked recycled pulp for use in the production of writing paper, tissue paper, and FDA-compliant products. Sustana was founded in 1992 and is based in De Pere, Wisconsin. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-14 |
Standard Hidráulica
Barcelona, Spain Standard Hidráulica is a manufacturer of advanced plumbing, heating and gas systems, and sanitary faucets in Spain. STH has become a reference partner in the water and gas connection and control, kitchen and bathroom taps in both residential and non-residential areas, and civil works such as water and gas distribution networks. Standard Hidráulica was founded in 1975 and is based in Barcelona, Spain. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 2.1B USD |
| Size | Large |
| Type | Sector Agnostic |
The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $750 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 29 |
| Sector (Machinery) | 4 of 4 |
| Type (Secondary Buyout) | 15 of 15 |
| State (Texas) | 4 of 4 |
| Country (United States) | 26 of 26 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-02 |
L&S Mechanical
Richardson, Texas, United States L&S Mechanical is a provider of new home construction services in the plumbing and electrical industries. L&S Mechanical serves large production homebuilders in Dallas / Fort Worth, Houston, San Antonio, and Austin through its five production warehouses. L&S Mechanical was founded in 1985 and is based in Richardson, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-02 |
West Star Aviation
East Alton, Illinois, United States West Star Aviation is a provider of maintenance, repair, and overhaul (“MRO”) and related support services to the business aviation industry. All aspects of aviation maintenance and total product rebuild from propjet to large jet products. West Star Aviation was founded in 1952 and is based in East Alton, Illinois. |
Buy | - |
