M&A Deal Summary |
|
|---|---|
| Date | 2018-04-30 |
| Target | BlueCrest |
| Sector | Machinery |
| Buyer(s) |
Platinum Equity
Vespa Capital |
| Sellers(s) | Pitney Bowes |
| Deal Type | Divestiture |
| Deal Value | 361M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 36.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.
| DEAL STATS | # |
|---|---|
| Overall | 92 of 141 |
| Sector (Machinery) | 4 of 5 |
| Type (Divestiture) | 47 of 59 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 75 of 112 |
| Year (2018) | 5 of 10 |
| Size (of disclosed) | 23 of 31 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-03 |
MXD Group
Westerville, Ohio, United States MXD Group, Inc. provides logistics services for home delivery and retail replenishment in the United States and Canada. |
Sell | $120M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-19 |
Worldwide Flight Services
Roissy, France Worldwide Flight Services is a provider of ground services at over 60 major airports. WFS provides ramp, passenger, cargo, and technical services for more than 200 domestic and international airlines, including American, Continental, British Airways, Cathay Pacific, and Korean Airlines. Worldwide Flight Services was founded in 1984 and is based in Roissy, France. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 200M GBP |
| Size | Small |
| Type | Sector Agnostic |
Vespa Capital is a private equity firm that targets minority or majority buyout investments in the UK. Vespa looks to partner with management when pursuing transactions and seeks opportunities valued from £10 to £40 million. The Firm prefers profitable, market leading businesses with strong growth prospects. Vespa is a generalist investor with no specific industry preferences.Vespa Capital is formed in 2008 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 17 |
| Sector (Machinery) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2018) | 1 of 3 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-28 |
Vitale Assistance
Biard, France Vitale Assistance is a provider of emergency assistance and renovation services after fire and water damage on behalf of insurance companies for residential properties in France. Vitale Assistance was formed in 1995 and is based in Biard, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-01 |
BioPhorum Operations
Sheffield, United Kingdom BioPhorum Operations is a provider of digital collaboration platform for biopharmaceutical companies globally. BioPhorum Operations Group was founded in 2008 and is based in Sheffield, United Kingdom. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1920 |
| Sector | Business Services |
| Employees | 11,500 |
| Revenue | 3.5B USD (2022) |
Pitney Bowes provides technology solutions for small, mid-size and large firms that help them connect with customers to build loyalty and grow revenue. Many of the company's solutions are delivered on open platforms to best organize, analyze and apply both public and proprietary data to two-way customer communications. Pitney Bowes includes direct mail, transactional mail and call center communications in its solution mix along with digital channel messaging for the Web, email and mobile applications. Pitney Bowes was founded in 1920 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 7 |
| Sector (Machinery) | 1 of 1 |
| Type (Divestiture) | 5 of 7 |
| State (Connecticut) | 1 of 2 |
| Country (United States) | 4 of 5 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-06 |
Newgistics
Austin, Texas, United States Newgistics, Inc. is a provider of e-commerce solutions and services for brands and retailers. Newgistics offers digital commerce development, deep analytics, relationship management, systems integration, fulfillment, parcel delivery and returns management, provide retailers and brands with a modern approach to enriching the customer journey. Newgistics, Inc. was founded in 1999 and is headquartered in Austin, Texas. |
Buy | $475M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-26 |
Pitney Bowes - Software Solutions Business
Stamford, Connecticut, United States Pitney Bowes, Inc. - Software Solutions Business is a data management software provider. |
Sell | $700M |
