M&A Deal Summary

DNS Capital and The Pritzker Organization Acquires TMS International

On August 26, 2013, family offices DNS Capital and The Pritzker Organization acquired business services company TMS International Corp. for 1.0B USD

Acquisition Highlights
  • This is DNS Capital’s 1st and The Pritzker Organization’s 1st transaction in the Business Services sector.
  • This is DNS Capital’s 1st and The Pritzker Organization’s 1st largest (disclosed) transaction.
  • This is DNS Capital’s 1st and The Pritzker Organization’s 1st transaction in the United States.
  • This is DNS Capital’s 1st and The Pritzker Organization’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2013-08-26
Target TMS International Corp.
Sector Business Services
Buyer(s) DNS Capital
The Pritzker Organization
Deal Type Going Private
Deal Value 1.0B USD
Advisor(s) Bank of America Merrill Lynch (BofA Securities) (Financial)
Kaye Scholer LLP (Legal)

Target

TMS International Corp.

Glassport, Pennsylvania, United States
website
TMS International Corp. is a provider of outsourced steel services, including raw materials procurement, scrap management, raw materials optimization, slag processing, metal recovery and surface conditioning services to integrated steel mills, mini-mills, and foundries. TMS International was founded in 1926 and is based in Glassport, Pennsylvania.

Search 161,083 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

DNS Capital

Investor Investor Investor Investor Investor

website


Category Family Office
Founded 2015
SizeSmall
Type Sector Agnostic
DESCRIPTION

DNS Capital is the investment group for Gigi Pritzker, Michael Pucker and their family. The Firm looks to invest $25 to $100 million in US based companies generating $10 to $50 million of EBITDA. Sectors of interest include industrials, business services, consumer, and real estate. DNS will consider both control or minority positions. DNS is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 7
Sector (Business Services) 1 of 1
Type (Going Private) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 7
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-28 Shenandoah Growers, Inc.

Harrisonburg, Virginia, United States

Shenandoah Growers, Inc. provides fresh cut and living farmed herbs to the customers who supply the kitchens and tables of the American family. Shenandoah Growers was founded in 1989 and is based in Harrisonburg, Virginia.

Buy -
Buyer

The Pritzker Organization

Investor Investor Investor Investor Investor

website


Category Family Office
SizeLarge
Type Sector Agnostic
DESCRIPTION


DEAL STATS #
Overall 1 of 8
Sector (Business Services) 1 of 2
Type (Going Private) 1 of 1
State (Pennsylvania) 1 of 2
Country (United States) 1 of 8
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Hargray Communications Group, Inc.

Hilton Head, South Carolina, United States

Hargray Communications Group, Inc. is a telecommunications provider serving southeastern South Carolina and northeastern Georgia. The company's operations include traditional telephone carrier services, internet services, cable television, wireless telephone, and a telephone directory publishing operation. Hargray Communications Group was founded in 1949 and is based in Hilton Head, South Carolina.

Buy -