M&A Deal Summary |
|
|---|---|
| Date | 2017-08-18 |
| Target | Calpine |
| Sector | Utilities |
| Buyer(s) |
ECP
CPP Investments Access Industries |
| Deal Type | Going Private |
| Deal Value | 5.6B USD |
| Advisor(s) | Lazard (Financial) White & Case (Legal) |
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ECP is a specialist private equity firm focused on investments in energy infrastructure. Specific areas of interest include power generation, including renewable energy facilities; electric transmission; midstream gas, including gas storage and pipelines; and other energy service businesses and infrastructure assets. The Firm primarily targets opportunities located in North America. ECP was formed in 2005 and is based in Summit, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 57 |
| Sector: Utilities M&A | 6 of 7 |
| Type: Going Private M&A Deals | 3 of 5 |
| State: Texas M&A | 13 of 16 |
| Country: United States M&A | 37 of 53 |
| Year: 2017 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-26 |
Chieftain Sand and Proppant
Garland, Arkansas, United States Chieftain Sand and Proppant LLC is a manufacturer and supplier of frac sand and proppants for natural gas and oil wells, as well as a producer of industrial minerals for specialty markets and aggregates for the construction industry. Chieftain Sand and Proppant was founded in 2009 and is based in Garland, Arkansas. |
Sell | $36M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-01 |
Next Wave Energy Partners
Houston, Texas, United States Next Wave Energy Partners is an independent energy company focused on the development, operation, acquisition and expansion of midstream and downstream petrochemical and fuels assets. Next Wave Energy Partners was founded in 2014 and is based in Houston, Texas. |
Buy | - |
CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 116 |
| Sector: Utilities M&A | 1 of 4 |
| Type: Going Private M&A Deals | 7 of 19 |
| State: Texas M&A | 6 of 7 |
| Country: United States M&A | 16 of 46 |
| Year: 2017 M&A | 11 of 11 |
| Size (of disclosed) | 12 of 39 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-21 |
Klarna
Stockholm, Sweden Klarna offers safe and easy-to-use payment solutions to e-stores in Europe with the ambition to make e-commerce safer, simpler and more fun. At the core of Klarna's services is the concept of after delivery payment, which lets buyers receive ordered goods before any payment is due. At the same time, Klarna assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money. Klarna was founded in 2005 and is based in Stockholm, Sweden. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-01 |
Beike
Beijing, China Beike is an integrated online and offline platform for housing transactions and services. The Company is a pioneer in building the industry infrastructure and standards in China to reinvent how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. Beike was formed in 2001 and is based in Beijing, China. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Diversified |
Access Industries, Inc. is a US based holding company focused on long-term investments worldwide. This includes companies located in the US, Europe, and South America. The Firm targets companies operating in the fields of natural resources, chemicals, telecommunications, media, real estate, emerging technology, and retail. Access Industries, Inc. was formed in 1986 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 19 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 7 of 7 |
| Year: 2017 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-27 |
Bad Wolf
Cardiff, United Kingdom Bad Wolf is an international film and television production company that produces high-end television and film for the global market. Bad wolf productions include the night of (HBO), his dark materials (HBO/BBC) and industry (HBO), a discovery of witches, and I hate Suzie. Bad Wolf was founded in 2015 and is based in Cardiff, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-03-25 |
Dynamic Yield
New York, New York, United States Dynamic Yield is an AI-powered Personalization Anywhere platform that delivers individualized experiences at every customer touchpoint: web, apps, email, kiosks, IoT, and call centers. The platform’s data management capabilities provide for a unified view of the customer, allowing the rapid and scalable creation of highly targeted digital interactions. Marketers, product managers, and engineers use Dynamic Yield daily for launching new personalization campaigns, running server-side and client-side A/B tests, leveraging machine-learning for product and content recommendations, and employing algorithms for smartly triggered email and push notifications. Dynamic Yield was founded in 2011 and is based in New York City. |
Sell | - |
