Barings Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Barings has acquired 2 companies.

Barings’ most common sectors for investment are transportation (9%) and machinery (7%). The Firm’s most common investment types include secondary buyout (44%) and buyout (lbo, mbo, mbi) (35%). In total, Barings has invested in 23 US states and 3 different countries. Its largest (disclosed) acquisition occurred in 2009 when it acquired Drew Marine for $120M.

In the last 3 years, Barings has exited 12 companies. The Firm’s most common exit type is trade sale (61%). Barings’ largest (disclosed) exit occurred in 2019 when it sold Wireless Infrastructure Group for $885M.

Join Mergr to view Barings’ full profile and discover more mega-sized private equity firms just like it.

M&A Summary

  • M&A Total Activity74
    • M&A Buy Activity46
    • M&A Sell Activity28
  • Total Sectors Invested 28
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 45
  • M&A Advisors 5

Barings LLC

Independence Wharf, 470 Atlantic Ave.,
Boston, Massachusetts 02210
United States,
(617)225-3800
www.barings.com
brian.whelan@barings.com

Babson Capital is an investment management and advisory firm based in Boston, Massachusetts. In addition to its other investment vehicles, Babson invests in mezzanine, distressed, and private equity transactions. Babson targets potential transactions valued between $50 and $300 million. The Firm commits between $10 and $40 million for mezzanine capital needs and between $3 and $15 million for private equity investments. Sectors of interest include manufacturing, business services, distribution, consumer products, consumer services, food products, packaging, and healthcare. Babson will consider opportunities in the US, Europe, and Asia.


Investment Criteria

Sectors of Interest: Aerospace, Automotive, Building Materials, Business Services, Chemicals, Construction, Consumer Products, Consumer Services, Distribution, Electronics, Energy Services and Equipment, Engineering, Financial Services, Food, Healthcare Services, Information Technology, Leisure, Machinery, Manufacturing, Marine, Marketing, Medical Products, Packaging, Plastics, Real Estate, Restaurants, Safety/Security, Test/Measurement Equipment, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Growth Capital, Recapitalization, Secondary Buyout

Geographic Preferences: East US, Midwest US, South US, West US, Canada, United Kingdom, Western Europe, Eastern Europe, Scandinavia, Asia/Pacific

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 3 40
Enterprise Value 50 300
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.4/yr) # 44 - - 1 1 - 46
vol $244M $19M $263M
Sell (2.6/yr) # 15 1 4 2 6 - 28
vol $1.3B $360M $885M $2.6B
  74

Most Recent M&A

Company Date Value Type
Wireless Infrastructure Group Ltd. 2019-12-19 885M GBP Secondary Buyout
Bellshill, United Kingdom · www.wirelessinfrastructure.co.uk
JMH International LLC 2019-12-12 - Add-on Acquisition
Salt Lake City, Utah · www.jmhpremium.com
Team Drive-Away, Inc. 2019-10-21 - Add-on Acquisition
Olathe, Kansas · www.teamdriveaway.com
Siblu France SAS 2019-09-27 - Secondary Buyout
Pessac, France · www.siblu.com
ABC Industries, Inc. 2019-08-05 - Secondary Buyout
Winona Lake, Indiana · www.abc-industries.net
Armstrong Transport Group LLC 2019-06-18 - Recapitalization
Charlotte, North Carolina · www.armstrongtransport.com
RANDYS Worldwide Automotive, Inc. 2019-05-16 - Secondary Buyout
Everett, Washington · www.ringpinion.com
Midatech Pharma US, Inc. 2018-11-12 19M USD Divestiture
Raleigh, North Carolina · www.midatechpharmaus.com
Van Pool Transportation LLC 2018-07-05 - Secondary Buyout
Wilbraham, Massachusetts · www.vanpooltransportation.com
The Tranzonic Companies 2018-04-02 - Secondary Buyout
Cleveland, Ohio · www.tranzonic.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
ONICON, Inc. 2013-01-17 Pulsar Process Measurement Ltd. 2018-12-20 4
Clearwater, Florida · www.onicon.com Malvern, United Kingdom · www.pulsar-pm.com
General Tools and Instruments Company LLC 2014-02-07 Pac Tool International Ltd. 2017-11-28 1
New York, New York · www.generaltools.com Kingston, Washington
Sunrise Windows Ltd. 2010-12-15 Paragon Windows & Doors 2017-07-31 1
Temperance, Michigan · www.sunrisewindows.com Louisville, Kentucky · www.paragondoorsandwindows.com
America's Auto Auction, Inc. 2015-04-13 West Michigan Auto Auction 2017-04-10 2
Dallas, Texas · www.americasautoauction.com Wayland, Michigan · www.wmaa.net
America's Auto Auction, Inc. 2015-04-13 Auction Broadcasting Company LLC 2017-02-28 1
Dallas, Texas · www.americasautoauction.com Baton Rouge, Louisiana · www.auctionbroadcasting.com
ONICON, Inc. 2013-01-17 Fox Thermal Instruments, Inc. 2016-09-06 3
Clearwater, Florida · www.onicon.com Marina, California · www.foxthermalinstruments.com
ONICON, Inc. 2013-01-17 Seametrics, Inc. (Seattle Metrics) 2016-08-31 2
Clearwater, Florida · www.onicon.com Kent, Washington · www.seametrics.com
ONICON, Inc. 2013-01-17 Greyline Instruments, Inc. 2014-12-22 1
Clearwater, Florida · www.onicon.com Long Sault, Ontario · www.greyline.com
Northwestern Management Services LLC 2012-10-08 1st Choice Hollywood Smiles LLC 2014-11-20 4
Boca Raton, Florida · www.idealdentalcare.com Hollywood, Florida
Northwestern Management Services LLC 2012-10-08 Steven Short Orthodontics, Inc. 2014-10-03 3
Boca Raton, Florida · www.idealdentalcare.com Fort Lauderdale, Florida · www.shortorthodontics.com

M&A by Sector

Sector Current # Value All-time # Value
Transportation 1 (6%) - 4 (9%) -
Consumer Services 2 (12%) - 3 (7%) 58M (22%)
Consumer Products 2 (12%) - 3 (7%) -
Machinery - - 3 (7%) -
Packaging - - 3 (7%) -
Chemicals - - 2 (4%) 66M (25%)
Distribution - - 2 (4%) -
Engineering 1 (6%) - 2 (4%) -
Food - - 2 (4%) -
Healthcare Services 1 (6%) - 2 (4%) -
Manufacturing 1 (6%) - 2 (4%) -
Safety/Security 2 (12%) - 2 (4%) -
Marine - - 1 (2%) 120M (46%)
Life Science 1 (6%) 19M (100%) 1 (2%) 19M (7%)
Aerospace - - 1 (2%) -
Automotive - - 1 (2%) -
Building Materials 1 (6%) - 1 (2%) -
Business Services - - 1 (2%) -
Communications - - 1 (2%) -
Construction 1 (6%) - 1 (2%) -
Energy Services and Equipment 1 (6%) - 1 (2%) -
Information Technology - - 1 (2%) -
Leisure - - 1 (2%) -
Marketing 1 (6%) - 1 (2%) -
Medical Products - - 1 (2%) -
Plastics - - 1 (2%) -
Restaurants 1 (6%) - 1 (2%) -
Test/Measurement Equipment 1 (6%) - 1 (2%) -
Total 17 $19M 46 $263M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 16 (94%) 19M (100%) 41 (89%) 205M (78%)
  New Jersey 2 (12%) - 5 (11%) 120M (46%)
  North Carolina 2 (12%) 19M (100%) 3 (7%) 19M (7%)
  Colorado 1 (6%) - 3 (7%) -
  Texas 2 (12%) - 2 (4%) -
  Florida 2 (12%) - 2 (4%) -
  New York 1 (6%) - 2 (4%) 66M (25%)
  Pennsylvania 1 (6%) - 2 (4%) -
  Michigan 1 (6%) - 2 (4%) -
  California 1 (6%) - 2 (4%) -
  Wisconsin - - 2 (4%) -
  Washington - - 2 (4%) -
  Utah - - 2 (4%) -
  Massachusetts - - 2 (4%) -
  Virginia 1 (6%) - 1 (2%) -
  New Mexico 1 (6%) - 1 (2%) -
  Oregon - - 1 (2%) -
  Ohio - - 1 (2%) -
  Kansas - - 1 (2%) -
  Indiana - - 1 (2%) -
  Illinois - - 1 (2%) -
  Georgia - - 1 (2%) -
  Alabama - - 1 (2%) -
United Kingdom 1 (6%) - 4 (9%) 58M (22%)
France - - 1 (2%) -
Domestic 16 (94%) 19M (100%) 41 (89%) 205M (78%)
Cross-border 1 (6%) - 5 (11%) 58M (22%)
Total 17 $19M 46 $263M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout 8 (47%) - 20 (43%) 124M (47%)
Buyout (LBO, MBO, MBI) 4 (24%) - 16 (35%) -
Recapitalization 2 (12%) - 5 (11%) -
Divestiture 1 (6%) 19M (100%) 3 (7%) 139M (53%)
Add-on Acquisition 1 (6%) - 1 (2%) -
Growth Capital 1 (6%) - 1 (2%) -
Total 17 $19M 46 $263M

Exits by Deal Type

Type Total # Value
Secondary Sale 10 (36%) 885M (35%)
Trade Sale 9 (32%) 115M (5%)
Trade Sale - Public Company 8 (29%) 1.6B (61%)
Merger 1 (4%) -
Total 28 $2.6B

Top M&A Advisors

Financial Deals
Robert W. Baird & Co., Inc.
1
BB&T Capital Markets
1
Legal Deals
Locke Lord LLP
1
Thompson Hine LLP
1
McGuireWoods LLP
1

Deal Values

buy # Total
$100M to $1B 1 $120M
< $100M 3 $143M
TOTAL $263M
Largest Drew Marine, Inc.
$120M (2009-06-22)
sell # Total
$100M to $1B 6 $2.5B
< $100M 1 $80M
TOTAL $2.6B
Largest Wireless Infrastructure Group Ltd.
$885M (2019-12-19)

M&A Connections

Deals %
Acquired from
PE Firm(s)
94%
30 94%
Strategic(s)
6%
2 6%
Exited to
PE Firm(s)
34%
10 34%
Strategic(s)
66%
19 66%

 Subscribe to unlock this and 148,045
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 3.8K Private Equity Firms
  • 135K M&A Transactions
  • 144K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.0K M&A Advisors
    (Investment Banks and Law Firms)
  • 38K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.