M&A Deal Summary

Hoover Ferguson Group Acquires Hoover CS

On October 23, 2016, Hoover Ferguson Group acquired packaging company Hoover CS from Race Rock

Acquisition Highlights
  • This is Hoover Ferguson Group’s 1st transaction in the Packaging sector.
  • This is Hoover Ferguson Group’s 2nd transaction in the United States.
  • This is Hoover Ferguson Group’s 2nd transaction in Texas.

M&A Deal Summary

Date 2016-10-23
Target Hoover CS
Sector Packaging
Buyer(s) Hoover Ferguson Group
Sellers(s) Race Rock
Deal Type Merger

Target

Hoover CS

Katy, Texas, United States
website
Hoover CS is an integrated provider of chemical tanks, cargo carrying units, catalyst bins, modular containers and related rental products to the global energy, petrochemical & general industrial end markets. Hoover CS was founded in 1911 and is based in Katy, Texas.

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Buyer(S) 1

Buyer

Hoover Ferguson Group

Houston, Texas, United States

website


Category Company
Founded 1911
Sector Oil/Gas Exploration
DESCRIPTION

Hoover Ferguson Group is a provider of a container, workspace and packaging solutions for the energy, petrochemical and general industrial enterprises. Hoover Ferguson Group was founded in 1911 and is based in Houston, Texas.


DEAL STATS #
Overall 3 of 3
Sector (Packaging) 1 of 1
Type (Merger) 3 of 3
State (Texas) 2 of 2
Country (United States) 2 of 2
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-05 CHEP Catalyst & Chemical Containers

Houston, Texas, United States

CHEP Catalyst & Chemical Containers is involved in providing catalyst and chemical management solution for domestic and intercontinental supply chain movements.

Buy -

Seller(S) 1

DESCRIPTION

Race Rock Group is a private investment firm focused on majority control or minority positions in profitable lower middle-market companies. The Firm generally looks for businesses operating in the gulf coast or Midwest areas in the US. Sectors of interest include retail equipment, financial services, manufacturing, chemicals, food/beverage, industrial services, and real estate. Race Rock Group is headquartered in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Merger) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Hoover CS

Katy, Texas, United States

Hoover CS is an integrated provider of chemical tanks, cargo carrying units, catalyst bins, modular containers and related rental products to the global energy, petrochemical & general industrial end markets. Hoover CS was founded in 1911 and is based in Katy, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Full Potential Solutions

Kansas City, Missouri, United States

Full Potential Solutions is a customer engagement specialist who “connects-the-dots” between best-of-breed technology and daily execution of omni-channel programs with the best available people and processes to solve urgent business problems. Full Potential Solutions was founded in 2017 and is based in Kansas City, Missouri.

Buy -