M&A Deal Summary

Audax Private Equity Acquires Thalheimer Brothers

On December 26, 2012, private equity firm Audax Private Equity acquired metals/mining company Thalheimer Brothers

Acquisition Highlights
  • This is Audax Private Equity’s 1st transaction in the Metals/Mining sector.
  • This is Audax Private Equity’s 60th transaction in the United States.
  • This is Audax Private Equity’s 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2012-12-26
Target Thalheimer Brothers
Sector Metals/Mining
Buyer(s) Audax Private Equity
Deal Type Recapitalization

Target

Thalheimer Brothers

Philadelphia, Pennsylvania, United States
Thalheimer Brothers is a non-ferrous scrap metal processor of brass, copper, nickel alloy, and stainless steel selling to foundries, refiners, and mills. Thalheimer processes mixed loads of alloyed and non-alloyed scrap to produce complex blends with specific chemical properties required by its customers. Thalheimer Brothers was founded in 1939 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

Audax Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 19.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Audax Private Equity is a private equity firm focused on acquiring control positions in a variety of mid to large North American headquartered companies. The Firm segments its activities into lower middle-market and larger scale investing. Within its larger group, Audax targets profitable businesses valued up to $800 million and within its lower middle-market group, the Firm seeks companies valued up to $125 million. Sectors of interest include business services, consumer products/services, financial services, healthcare services, industrial services, software, and technology. Audax has a special interest in businesses that can benefit from a buy and build investment strategy for growth. Audax Private Equity was formed in 1999 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 62 of 166
Sector (Metals/Mining) 1 of 1
Type (Recapitalization) 5 of 15
State (Pennsylvania) 2 of 6
Country (United States) 60 of 158
Year (2012) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-13 Data Intensity

Covington, Kentucky, United States

Data Intensity is an independent managed services provider for enterprise applications, databases, business intelligence solutions, and analytics. Data Intensity was founded in 2001 and is based in Covington, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-04 Reed Group

Westminster, Colorado, United States

Reed Group is a provider of absence management services that help employers comply with federal and state regulation and get employees back to work quickly and safely. Reed Group has been a trusted partner to employers, insurers, TPAs, government organizations, attorneys, and healthcare providers. Reed Group was formed in 1860 and is based in Westminster, Colorado.

Sell -
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