M&A Deal Summary |
|
|---|---|
| Date | 2009-06-22 |
| Target | Drew Marine |
| Sector | Chemicals |
| Buyer(s) |
J.F. Lehman & Company
Barings Private Equity |
| Sellers(s) | Ashland |
| Deal Type | Divestiture |
| Deal Value | 120M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 900M USD |
| Size | Middle-Market |
| Type | Sector Focused |
JF Lehman is a specialist private equity firm that targets investments in the defense, aerospace and maritime industries. JF Lehman looks for lower middle-market company opportunities with established products but that not may not be realizing their full potential. The Firm will only consider control based investment situations. J.F. Lehman was formed in 1992 and has offices in New York, London, and Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 45 |
| Sector (Chemicals) | 1 of 2 |
| Type (Divestiture) | 6 of 12 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 13 of 41 |
| Year (2009) | 1 of 2 |
| Size (of disclosed) | 7 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-06-02 |
Hawaii Superferry
Honolulu, Hawaii, United States Hawaii Superferry, Inc. is a provider of high-speed interisland ferry service among the Hawaiian Islands. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-06-30 |
Defense Venture Group
Indian Land, South Carolina, United States Defense Venture Group is a designer and manufacturer of innovative force protection systems and products. DVG is a holding company with two principal operating businesses: (i) Indigen Armor, which designs and manufactures low-profile, purpose-built armored vehicles and (ii) ArmorLine, which develops and manufactures force protection products, including armored vehicle extraction devices and transparent ceramic Spinel. Defense Venture Group was founded in 2004 and is based in Indian Land, South Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 5.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Barings Private Equity is the private equity arm of global asset management firm Barings. The Group looks to invest in mezzanine, distressed, and other private equity transactions including secondaries and funds. Sectors of interest include manufacturing, business services, distribution, consumer products, consumer services, food products, packaging, and healthcare. Barings Private Equity was originally established in 1991 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 48 |
| Sector (Chemicals) | 1 of 3 |
| Type (Divestiture) | 2 of 3 |
| State (New Jersey) | 2 of 5 |
| Country (United States) | 7 of 44 |
| Year (2009) | 2 of 3 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-04-28 |
apexanalytix
Greensboro, North Carolina, United States apexanalytix is a provider of supplier management, audit, recovery, and compliance software, and services. apexanalytix was founded in 1988 and is based in Greensboro, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-19 |
Precision Wire Components
Tualatin, Oregon, United States Precision Wire Components (PWC) designs and produces high precision medical wires and supporting components that are used in a wide variety of minimally invasive medical procedures. |
Buy | - |
Ashland is a global specialty chemicals company. Ashland has three reportable segments: Specialty Ingredients, Performance Materials and Valvoline. Specialty Ingredients is a global provider of cellulose ethers, vinyl pyrrolidones and biofunctionals. Performance Materials is composed of two divisions: Composites and Intermediates/Solvents. Performance Materials is a global provider of unsaturated polyester resins and vinyl ester resins. The business unit has positions in gelcoats, maleic anhydride, butanediol, tetrahydrofuran, N-Methylpyrrolidone and other intermediates and solvents. Valvoline is a worldwide producer and distributor of premium-branded automotive, commercial and industrial lubricants and automotive chemicals. Ashland was incorporated in 1924 and is based in Wilmington, Delaware.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 12 |
| Sector (Chemicals) | 1 of 10 |
| Type (Divestiture) | 2 of 10 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 2 of 12 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 6 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-11 |
Hercules
Wilmington,, Delaware, United States Hercules, Inc. is a manufacturer and marketer of chemicals used for making a variety of products for the home, office and industrial markets. |
Buy | $3.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-01-28 |
Pinova
Brunswick, Georgia, United States Pinova, Inc. is a manufacturer of specialty chemical products derived from pine trees and citrus fruit peels. Pinova produces rosin and terpene based resins that are used in a wide range of specialty applications around the world, including food and beverage, adhesive, construction and agriculture. |
Sell | $75M |
