M&A Deal Summary |
|
|---|---|
| Date | 2023-01-26 |
| Target | IHP |
| Sector | Consumer Products |
| Buyer(s) | TRM Equity |
| Sellers(s) |
Harbert Mezzanine Capital
Beckner Clevy Partners |
| Deal Type | Secondary Buyout |
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TRM Equity is a distressed investor focused on special situation opportunities in the manufacturing sector. The Firm was formed in 2019 and is headquartered in Ann Arbor, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Secondary Buyout) | 2 of 4 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 3 of 5 |
| Year (2023) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-01 |
Wellman
Creston, Iowa, United States Wellman is an aerospace supplier known for manufacturing large-scale, complex magnesium and aluminum castings for the defense and commercial aerospace markets and other industrial segments. WDC Acquisition was founded in 1965 and is based in Creston, Iowa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-02 |
Gamma Aerospace
Mansfield, Texas, United States Gamma Aerospace is a manufacturer of engineered airframe and flight components for leading original equipment manufacturers and Tier I suppliers in the aerospace and defense industry. Gamma Aerospace was founded in 1971 and is based in Mansfield, Texas. |
Buy | - |
Harbert Mezzanine Capital is the junior capital investment arm of asset manager Harbert Management Corporation. Harbert Mezzanine looks to invest $3 to $15 million of subordinated debt to support growth needs, acquisitions, recapitalizations, or management buyouts of mid-sized companies throughout the US. Harbert Mezzanine Capital is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 12 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Secondary Buyout) | 4 of 6 |
| State (Tennessee) | 3 of 3 |
| Country (United States) | 9 of 12 |
| Year (2023) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-11 |
Power Services Group
Cape Coral, Florida, United States Power Services Group is an independent provider of highly technical turbine generator maintenance, repair and overhaul services primarily serving the power, industrial and petrochemical markets. Power Services Group is based in Cape Coral, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-04 |
Modus
Washington, District of Columbia, United States Modus provides technology solutions encompassing all phases of the litigation lifecycle to law firms, corporations, and government entities. Modus is a client-focused, results-driven team of consultants, project managers, data engineers and developers whose combined knowledge of the legal industry and information systems provide an incomparable ability to design solutions tailored to meet the uniqueness of every case. Modus was founded in 2008 and is based in Washington, District of Columbia. |
Sell | - |
Beckner Clevy Partners is a private investment firm focused on acquiring lower middle-market industrial companies. The Firm will consider opportunities throughout North America with $25 to $150 million of revenue and up to $10 million of EBITDA. Beckner Clevy Partners is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-20 |
IHP
Nashville, Tennessee, United States Innovative Hearth Products is a manufacturer of indoor and outdoor fireplaces, fireplace inserts, free-standing stoves, gas log sets, venting products and accessories for the specialty retail, residential new construction and industrial markets. Based in Nashville, Tenn. IHP operates manufacturing facilities in Russellville, Ala., Santa Ana, Calif. and Auburn, Wash. |
Buy | - |
