M&A Deal Summary

Palladium Equity Partners Acquires Trachte

On September 22, 2020, private equity firm Palladium Equity Partners acquired building materials company Trachte from MPE Partners

Acquisition Highlights
  • This is Palladium Equity Partners’ 1st transaction in the Building Materials sector.
  • This is Palladium Equity Partners’ 47th transaction in the United States.
  • This is Palladium Equity Partners’ 3rd transaction in Wisconsin.

M&A Deal Summary

Date 2020-09-22
Target Trachte
Sector Building Materials
Buyer(s) Palladium Equity Partners
Sellers(s) MPE Partners
Deal Type Secondary Buyout
Advisor(s) Stephens Investment Banking (Financial)
Mintz Levin Cohn Ferris Glovsky and Popeo PC (Legal)

Target

Trachte

Oregon, Wisconsin, United States
website
Trachte is a provider of engineered buildings, hardware, and related solutions that house electrical controls, switchgear, and other advanced equipment and systems. Its products serve a broad base of customers including electrical utility, renewable energy companies, hospitals and data centers. The Company’s design engineering, project management and related value-added services and reputation for quality make it the provider of choice for leading utilities and equipment OEMs. Trachte was founded in 1919 and is based in Oregon, Wisconsin.

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Buyer(S) 1

Buyer

Palladium Equity Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1997
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Palladium Equity Partners is a private equity firm that looks to invest in businesses focused on the US Hispanic marketplace. Target sectors include business services, financial services, consumer/retail, food/restaurants, healthcare, manufacturing, and media. Palladium's target investment size is $50 to $150 million with an EBITDA of $10 to $75 million. The Firm will consider investing in mature, stable businesses as well as younger companies and turnaround situations. Palladium was formed in 1997 and is based in New York City.


DEAL STATS #
Overall 48 of 51
Sector (Building Materials) 1 of 1
Type (Secondary Buyout) 7 of 9
State (Wisconsin) 3 of 3
Country (United States) 47 of 50
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-02 EverDriven

Greenwood Village, Colorado, United States

EverDriven is a provider of alternative student transportation solutions for a variety of student populations, including special education, homeless, foster, and other in-need students. The company leverages a proprietary, technology-enabled platform to optimize transportation for school districts across the U.S. EverDriven was founded in 2005 and is based in Greenwood Village, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-10 Health Connect America

Franklin, Tennessee, United States

Health Connect America provides mental and behavioral health services to children, families, and adults across multiple states. The company is honored to be a part of the communities it serves and walk alongside its clients as they embark on a journey to self-improvement and more fulfilling lives. Health Connect America provides its services in the community, in-home, or in one of the multiple offices across several states. Its network of direct care professionals is readily available to meet the needs of our clients and their families in our communities. Health Connect America is based in Franklin, Tennessee.

Buy -

Seller(S) 1

SELLER

MPE Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1968
PE ASSETS 3.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MPE Partners is a Midwest based investment firm principally focused private equity investments throughout North America. MPE has a preference for buyouts and recapitalizations of lower middle-market, family and entrepreneur owned businesses. The Firm looks for stand-alone companies operating in the 'high-value' manufacturing or business services sectors. MPE seeks businesses with at least $5 million of EBITDA and valued up to $250 million. MPE Partners is headquartered in Cleveland, Ohio.


DEAL STATS #
Overall 54 of 58
Sector (Building Materials) 1 of 2
Type (Secondary Buyout) 11 of 12
State (Wisconsin) 1 of 2
Country (United States) 52 of 56
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-05 Teel Plastics

Baraboo, Wisconsin, United States

Teel Plastics is a manufacturer of plastic components specializing in plastic extrusion and injection molding. Teel Plastics was founded in 1951 and is based in Baraboo, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-21 DreamLine Shower

Warminster, Pennsylvania, United States

DreamLine Shower is a provider of branded premium glass shower doors, enclosures, and accessories under the DreamLine and Arizona Shower Door brands. DreamLine Shower was founded in 1999 and is based in Warminster, Pennsylvania.

Sell -