M&A Deal Summary |
|
|---|---|
| Date | 2005-03-02 |
| Target | Cornerstone Brands |
| Sector | Retail |
| Buyer(s) | IAC |
| Sellers(s) |
CCMP Capital
Madison Dearborn Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 720M USD |
| Advisor(s) | Gruppo, Levey & Co. (GLC) (Financial) |
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| Category | Company |
|---|---|
| Sector | Digital Media |
| Employees | 8,200 |
| Revenue | 3.7B USD (2021) |
IAC is a media and Internet company focused in the core areas of search, applications, online dating, local and media. IAC's network of sites have over a billion total monthly visits in more than 100 countries. The company is headquartered in the Chelsea neighborhood of New York City with business operations and satellite offices around the world. IAC is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 23 |
| Sector (Retail) | 1 of 1 |
| Type (Add-on Acquisition) | 8 of 18 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 8 of 21 |
| Year (2005) | 1 of 4 |
| Size (of disclosed) | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-09-01 |
HomeAdvisor
Golden, Colorado, United States HomeAdvisor, Inc. is a home services marketplace in North America. HomeAdvisor International operates in six countries through four leading brands: MyHammer in Germany, Austria, and the United Kingdom; Travaux.com in France; Werkspot in the Netherlands; and Instapro in Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-21 |
Ask.com
Oakland, California, United States Ask.com operates the question and answer site ask.com. |
Buy | $1.9B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 18.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
CCMP Capital is a large private equity firm focused on buyout and growth equity valued up to $2 billion. Sectors of interest include consumer, retail, and services (specialty retail, direct marketing, consumer packaged goods); media/telecom (consumer and trade publishing, content and programming, broadcasting, cable, wireless and wire line communications ); industrial (chemicals, manufacturing, distribution, automotive); energy (exploration and production, power generation, renewable energy, services); and healthcare (services, pharmaceuticals, medical devices). The Firm's target investment size is $100 to $500 million. CCMP Capital Advisors was formed in 1984 and was spun off in 2006 from JP Morgan Chase. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 78 |
| Sector (Retail) | 3 of 5 |
| Type (Add-on Acquisition) | 4 of 22 |
| State (Ohio) | 1 of 5 |
| Country (United States) | 16 of 61 |
| Year (2005) | 1 of 6 |
| Size (of disclosed) | 20 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-01-19 |
Warner Chilcott
Ardee, Ireland Warner Chilcott is a global specialty pharmaceutical company currently focused on the gastroenterology, women's healthcare, dermatology and urology segments of the North American and Western European pharmaceuticals markets. |
Buy | $3.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-05-16 |
Patina Oil & Gas
Denver, Colorado, United States Patina Oil & Gas Corporation is an independent energy company engaged in the production, development, exploitation and acquisition of oil and natural gas properties, principally in the Wattenberg Field of Colorado's Denver-Julesburg Basin. |
Sell | $3.4B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 28.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 70 |
| Sector (Retail) | 2 of 5 |
| Type (Add-on Acquisition) | 7 of 31 |
| State (Ohio) | 1 of 3 |
| Country (United States) | 13 of 62 |
| Year (2005) | 1 of 6 |
| Size (of disclosed) | 18 of 26 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-01-28 |
Intelsat
Luxembourg, Luxembourg Intelsat is a provider of fixed satellite services worldwide, delivering advanced transmission access for information and entertainment to some of the world’s leading media and network companies, multi-national corporations, internet service providers and governmental agencies. Intelsat was formed in 1965 and is based in Luxembourg. |
Buy | €4.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-29 |
Pax Clearing
Chicago, Illinois, United States Pax Clearing Corp. is a full-service options, stock and futures clearing firm. |
Sell | - |
