M&A Deal Summary

ILSCO Acquires Signature Aluminum

On June 30, 2010, ILSCO acquired metals/mining company Signature Aluminum from H.I.G. Private Equity

Acquisition Highlights
  • This is ILSCO’s 1st transaction in the Metals/Mining sector.
  • This is ILSCO’s 1st transaction in the United States.
  • This is ILSCO’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2010-06-30
Target Signature Aluminum
Sector Metals/Mining
Buyer(s) ILSCO
Sellers(s) H.I.G. Private Equity
Deal Type Add-on Acquisition

Target

Signature Aluminum

Greenville, Pennsylvania, United States
website
Signature Aluminum is a independent aluminum extrusion suppliers in North America with eight facilities in the U.S. and Canada operating two cast houses, 17 extrusion presses and significant machining and finishing capabilities.

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Buyer(S) 1

Buyer

ILSCO

Cincinnati, Ohio, United States

website

Category Company
Founded 1894
Sector Electrical Equipment
DESCRIPTION

ILSCO Corp. is a manufacturer of electrical connectors, tools, and accessories serving commercial, industrial, utility, and OEM customers. ILSCO was founded in 1894 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1

Seller(S) 1

SELLER

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1993
PE ASSETS 57.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 23 of 153
Sector (Metals/Mining) 2 of 2
Type (Add-on Acquisition) 9 of 65
State (Pennsylvania) 1 of 2
Country (United States) 23 of 112
Year (2010) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-29 The Higher Gear Group

Schaumburg, Illinois, United States

The Higher Gear Group is a provider of CRM software and related services to North American automotive dealers. The Company’s comprehensive, user-friendly and customizable software suite improves its customers’ sales efficiency, customer prospecting, customer retention, customer relationship marketing and trade-cycle management.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-26 Warrantech

Bedford, Texas, United States

Warrantech Corp. is a provider of service contracts and after-market warranties on automobiles, automotive components, recreational vehicles, appliances, consumer electronics, homes, computers and computer peripherals for retailers, distributors and manufacturers.

Sell -
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