M&A Deal Summary |
|
|---|---|
| Date | 2023-12-05 |
| Target | Power Grid Components |
| Sector | Electrical Equipment |
| Buyer(s) | The Blackstone Group |
| Sellers(s) | Shorehill Capital |
| Deal Type | Secondary Buyout |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 131.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 315 of 320 |
| Sector (Electrical Equipment) | 5 of 5 |
| Type (Secondary Buyout) | 72 of 73 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 198 of 202 |
| Year (2023) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-29 |
Rover
Olympia, Washington, United States Rover is an online marketplace for pet care that connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, including doggy daycare, dog walking, drop-in visits, and grooming. Rover was founded in 2011 and is based in Olympia, Washington. |
Buy | $2.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-22 |
Sony Payment Services
Tokyo, Japan Sony Payment Services is a payment services provider offering high-speed and secure infrastructure for customers and businesses to process online payments. Sony Payment Services is based in Tokyo, Japan. |
Buy | - |
Shorehill Capital is a private equity firm focused on acquiring well-run companies with room for improvement. The Firm seeks companies operating in the engineered products, industrial services, and distribution sectors and will consider opportunities throughout North America. Shorehill prefers profitable businesses with $3 to $15 million of EBITDA. Shorehill Capital is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Secondary Buyout) | 2 of 2 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-01 |
Meister
North Bend, Ohio, United States Meister is distributing high-quality porcelain insulators and porcelain bushings to Original Equipment Manufacturers (OEMs) and users of switchgear, transformers, and bus-duct. Meister was founded in 2003 and is based in North Bend, Ohio. |
Buy | - |
