M&A Deal Summary |
|
|---|---|
| Date | 2005-06-01 |
| Target | American Ref-Fuel |
| Sector | Renewable Energy |
| Buyer(s) | Covanta |
| Sellers(s) |
Highstar Capital
aPriori Capital Partners Oaktree Capital Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 740M USD |
| Advisor(s) | Credit Suisse Investment Banking (Financial) Weil Gotshal & Manges (Legal) |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Energy Services and Equipment |
| Employees | 4,000 |
| Revenue | 1.9B USD (2020) |
Covanta is a provider of waste and energy services to municipal entities. The Company's 45 Energy-from-Waste facilities provide communities and businesses around the world with environmentally sound solid waste disposal by using waste to generate clean, renewable energy. Covanta was founded in 1962 and is based in Morristown, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 10 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 10 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 10 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-17 |
Danielson Indemnity
Long Beach, California, United States Danielson Indemnity Co. is a provider of insurance services. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 7.8B USD |
| Size | Mega |
| Type | Sector Agnostic |
Highstar Capital is a private equity fund focused on investments in infrastructure related companies and assets. Highstar specifically targets businesses that deal in energy, transportation, waste management and water. The Firm will consider opportunities throughout North America and Europe. Highstar Capital was formerly known as AIG Highstar Capital. The Firm was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 12 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 4 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 2 of 11 |
| Year (2005) | 1 of 4 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-19 |
InterGen NV
Burlington, Massachusetts, United States InterGen NV is a global power generation platform in Europe, Australasia and Mexico with 12 power plants representing an equity share of 6,252 MW of production capacity. |
Buy | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-01 |
Southern Star Central
Owensboro, Kentucky, United States Southern Star Central is a provider of natural gas transmission and storage network. The pipeline network extends over more than 9,300 kilometers across eight states, serving mainly the Kansas and Missouri markets. Southern Star Central was founded in 2002 and is based in Owensboro, Kentucky. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
aPriori Capital Partners (formerly DLJ Merchant Banking Partners) is a middle-market private equity firm focused on middle-market buyouts in the US and Europe. Sectors of interest include healthcare, retail, consumer, energy, business services, and industrial. aPriori was originally established in 1985 and has offices in New York and Los Angeles.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 51 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Add-on Acquisition) | 5 of 22 |
| State (New Jersey) | 1 of 3 |
| Country (United States) | 10 of 38 |
| Year (2005) | 3 of 8 |
| Size (of disclosed) | 15 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-05-11 |
Tysers
London, United Kingdom Tysers is a specialty commercial property & casualty insurance brokerage firm headquartered in the U.K. Tysers serves as an intermediary between retail and/or wholesale insurance brokers to facilitate the placement of unusual, complex, or specialized coverages within the London market, notably to Lloyds of London, and global insurance markets. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-06-20 |
Professional Career Development Institute
Norcross, Georgia, United States Professional Career Development Institute is a provider of distance education. |
Buy | - |
Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 74 |
| Sector (Renewable Energy) | 1 of 3 |
| Type (Add-on Acquisition) | 6 of 30 |
| State (New Jersey) | 2 of 3 |
| Country (United States) | 8 of 53 |
| Year (2005) | 2 of 3 |
| Size (of disclosed) | 5 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-01 |
Power Measurement
Saanichton, British Columbia, Canada Power Measurement Holdings, Inc. is an energy information technology company and a provider of enterprise energy management systems for energy suppliers and consumers worldwide. Power Measurement's web-enabled software and intelligent metering and control devices measure, evaluate, and help manage power consumption and conditions. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-10-17 |
Chart Industries
Ball Ground, Georgia, United States Chart Industries is a provider of cryogenic equipment used in industrial gas, hydrocarbon, and medical applications. Chart Industries was formed in 1992 and is based in Garfield Heights, Ohio. Chart Industries was incorporated in 1859 and is headquartered in Ball Ground, Georgia. |
Sell | $460M |
