M&A Deal Summary |
|
---|---|
Date | 2023-01-09 |
Target | VeriTread |
Sector | Transportation |
Buyer(s) | Ritchie Bros |
Sellers(s) |
Pinewell Capital
Sumitomo |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 1958 |
Sector | Business Services |
Employees | 2,600 |
Revenue | 1.7B USD (2022) |
Ritchie Bros is an auctioneer of heavy equipment and trucks. Ritchie Bros was founded in 1958 and is based in Burnaby, Canada.
DEAL STATS | # |
---|---|
Overall | 12 of 13 |
Sector (Transportation) | 1 of 1 |
Type (Add-on Acquisition) | 11 of 12 |
State (Florida) | 1 of 1 |
Country (United States) | 9 of 10 |
Year (2023) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-09-27 |
SmartEquip
Norwalk, Connecticut, United States SmartEquip is a multi-manufacturer platform that provides customers with real-time service and diagnostic support, dynamically customized, via serial number, to each asset in their fleet, as well as enabling the electronic procurement of parts from OEMs and their dealers. SmartEquip is based in Norwalk, Connecticut. |
Buy | $175M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-03-20 |
IAA
Westchester, Illinois, United States IAA is a provider of automotive salvage auction and claims processing services. The company's platform facilitates the marketing and sale of total loss, damaged, and low-value vehicles for a range of sellers. IAA was founded in 1982 and is based in Westchester, Illinois. |
Buy | - |
Pinewell Capital LLC is a private investment firm focused on acquiring and investing in a small business valued between $3 and $30 million. The Firm targets profitable companies with up to $15 million of EBITDA and will consider opportunities throughout North America with a preference for Southwest US-based companies. Prospective transaction situations include buyouts, divestitures, recapitalizations, distressed situations, and select minority investment situations. Pinewell Capital is based in Scottsdale, Arizona.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Transportation) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Florida) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2023) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-05-01 |
AEF
Picayune, Mississippi, United States AEF offer customers a full range of elastomeric coated fabrics as well as state of the art joining/seaming techniques. AEF is a major supplier to the U.S. Military including the Army, Air Force, Marines, Navy, and Coast Guard. AEF was founded in 1986 and is based in Picayune, Mississippi. |
Buy | - |
Category | Company |
---|---|
Founded | 1919 |
Sector | Distribution |
Employees | 74,920 |
Revenue | 5,495.0B JPY (2022) |
Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.
DEAL STATS | # |
---|---|
Overall | 7 of 8 |
Sector (Transportation) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Florida) | 1 of 1 |
Country (United States) | 3 of 4 |
Year (2023) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-01-06 |
HawkEye 360
Herndon, Virginia, United States HawkEye 360 is a provider of geospatial information solutions that will use radio frequency (RF) technology to help monitor global activity across air, land, and sea and assist with emergencies. HawkEye 360 was founded in 2015 and is based in Herndon, Virginia. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-06-08 |
Saconix
Dallas, Texas, United States Saconix is an independent provider of logistics, marketing, and distribution of sulfuric acid in the United States. It continues the tradition of high-quality customer service previously marketed under the Martin Product Sales banner while growing capabilities with customer-focused investment. Saconix is based in Dallas, Texas. |
Buy | - |