M&A Deal Summary |
|
|---|---|
| Date | 2004-12-31 |
| Target | PBT Brands |
| Sector | Automotive |
| Buyer(s) | ITW |
| Sellers(s) |
TJC
NewCastle Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1912 |
| Sector | Manufacturing |
| Employees | 46,000 |
| Revenue | 15.9B USD (2022) |
ITW is a manufacturer of a range of value-adding and short lead-time industrial products and equipment. ITW was founded in 1912 and is based in Glenview, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 48 |
| Sector (Automotive) | 1 of 2 |
| Type (Add-on Acquisition) | 7 of 41 |
| State (Connecticut) | 1 of 3 |
| Country (United States) | 6 of 31 |
| Year (2004) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-01-12 |
Florida Tile
Lexington, Kentucky, United States Florida Tile, Inc. is the second largest manufacturer and distributor of ceramic wall and floor tile in the United States with over $120 million in revenue. The company distributes its products through a network of over 60 distributors, 35 company owned branches and through mass retailers such as Loews. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-01-05 |
Permatex
Hartford, Connecticut, United States Permatex, Inc. is a manufacturer and distributor of premium branded specialty-chemical products sold in the automotive aftermarket and the industrial maintenance and repair market. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 57 |
| Sector (Automotive) | 1 of 3 |
| Type (Add-on Acquisition) | 6 of 21 |
| State (Connecticut) | 1 of 2 |
| Country (United States) | 13 of 55 |
| Year (2004) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-11-01 |
Acadia Elastomers
Roanoke, Virginia, United States Acadia Elastomers Corp. is a producer of sealing solutions. It also manufactures automotive and industrial rubber products. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-12 |
Lincoln Industrial
St. Louis, Missouri, United States Lincoln Industrial Corp. manufactures and distributes lubrication and pumping systems. The company offers railroad lubrications, fittings and installation components, hose reels, grease guns, and fluid controls and systems. Additionally, it provides control valves and meters, and lubrication pumps such as air operated ejectors, thermal pressure devices, and pressure primers. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| Size | Small |
| Type | Sector Focused |
NewCastle Partners is an independent investment firm focused on acquiring smaller middle-market companies in partnership with management. The Firm targets profitable, US-based businesses with defensible market positions. Prospective companies generally have at least $2 million in EBITDA and generate sales of $10 to $50 million. Sectors of interest include niche manufacturing and specialty distribution. Target transactions include recapitalizations, buyouts, growth capital financings, and consolidations. NewCastle was formed in 2001 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 16 |
| Sector (Automotive) | 1 of 1 |
| Type (Add-on Acquisition) | 5 of 10 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 7 of 16 |
| Year (2004) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-11-01 |
Acadia Elastomers
Roanoke, Virginia, United States Acadia Elastomers Corp. is a producer of sealing solutions. It also manufactures automotive and industrial rubber products. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-09-28 |
Metpar
Westbury, New York, United States Metpar Corp. is a manufacturer and supplier of commercial toilet partitions to customers. |
Buy | - |
