M&A Deal Summary |
|
|---|---|
| Date | 2014-09-04 |
| Target | Enginetics Aerospace |
| Sector | Aerospace |
| Buyer(s) | Standex |
| Sellers(s) | MPE Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1955 |
| Sector | Manufacturing |
| Employees | 3,800 |
| Revenue | 605M USD (2020) |
Standex is a multi-industry manufacturer in five broad business segments: Food Service Equipment Group, Air Distribution Products Group, Engineering Technologies Group,Engraving Group and the Electronics and Hydraulics Group with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil, India, Turkey and China. Standex was founded in 1955 and is based in Salem, New Hampshire.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 24 |
| Sector (Aerospace) | 1 of 1 |
| Type (Add-on Acquisition) | 13 of 22 |
| State (Ohio) | 3 of 4 |
| Country (United States) | 10 of 18 |
| Year (2014) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-23 |
Ultrafryer Systems
San Antonio, Texas, United States Ultrafryer Systems, Inc. produces commercial deep fryers for restaurant and commercial installations. Its high-efficiency, commercial fryers produce foods such as fried chicken, french fries, wings, fish and more. Known for excellent shortening management, fuel savings and quick recovery times, these restaurant fryers provide solutions to chains’ energy cost challenges. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-30 |
Standex International - Bevles
Salem, New Hampshire, United States Standex International Corp. - Bevles is a producer of proofers, cabinets and racks for the both commercial foodservice and retail markets. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1968 |
| PE ASSETS | 3.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 43 of 58 |
| Sector (Aerospace) | 2 of 3 |
| Type (Add-on Acquisition) | 20 of 27 |
| State (Ohio) | 6 of 8 |
| Country (United States) | 41 of 56 |
| Year (2014) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-05 |
Avtron Aerospace
Cleveland, Ohio, United States Avtron Aerospace, Inc. is a designer and manufacturer of electrical, electronic, and hydraulic aircraft component test solutions for the global commercial and military aerospace markets. Avtron Aerospace was founded in 1953 and is based in Cleveland, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-17 |
RotoMetrics
Eureka, Missouri, United States RotoMetrics is a manufacturer of precision rotary tooling and related accessories for the converting and printing industries. The Company produces a wide variety of highly engineered, customized rotary tooling products used to perform precision cutting or to create folds in various material substrates. |
Sell | - |
