M&A Deal Summary

Harbour Group Acquires CPS Products

On November 12, 2012, asset manager Harbour Group acquired manufacturer CPS Products

Acquisition Highlights
  • This is Harbour Group’s 3rd transaction in the Manufacturing sector.
  • This is Harbour Group’s 24th transaction in the United States.
  • This is Harbour Group’s 3rd transaction in Florida.

M&A Deal Summary
Date 2012-11-12
Target CPS Products
Sector Manufacturing
Buyer(s) Harbour Group
Deal Type Buyout (LBO, MBO, MBI)

Target

CPS Products

Miramar, Florida, United States
website
CPS Products, Inc. manufactures tools, equipment, and instruments used by professional technicians who service commercial HVAC and automotive air conditioning systems. CPS Products was founded in 1989 and is based in Miramar, Florida.

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Buyer(S) 1

Buyer

Harbour Group

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor

website

Category Asset Manager
Founded 1976
Size Large
Type Sector Agnostic
DESCRIPTION

Harbour Group is a private investment firm that seeks to invest in companies within the sectors of manufacturing and distribution. The firm pursues companies with EBITDA between $4 million and $60 million, and revenue between $50 million and $100 million. In addition, the firm looks for investments within North America and around the world with enterprise value between $30 million and $500 million. Harbour Group was formed in 1976 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 24 of 39
Sector (Manufacturing) 3 of 5
Type (Buyout (LBO, MBO, MBI)) 10 of 17
State (Florida) 3 of 6
Country (United States) 24 of 38
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-13 Lindstrom Metric

Blaine, Minnesota, United States

Lindstrom Metric LLC is a distributor and importer of metric fasteners. Lindstrom Metric sells its products exclusively through distributors. Lindstrom Metric was founded in 1972 and is based in Blaine, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-20 Cleaver-Brooks

Thomasville, Georgia, United States

Cleaver-Brooks, Inc. specializes in producing energy-efficient highly engineered firetube, water tube and large custom boilers that are complemented by sales of proprietary low-emission burners, packaged water systems, control systems, and aftermarket parts and services. Cleaver-Brooks was founded in 1929 and is based in Thomasville, Georgia.

Buy -
Mergr

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