M&A Deal Summary |
|
|---|---|
| Date | 2013-12-09 |
| Target | Best PumpWorks |
| Sector | Distribution |
| Buyer(s) | DXP Enterprises |
| Sellers(s) |
Champlain Capital
Audax Private Debt Stockwell Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 285M USD |
| Advisor(s) | Houlihan Lokey (Financial) Dentons Krage & Janvey (Legal) |
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| Category | Company |
|---|---|
| Founded | 1908 |
| Sector | Distribution |
| Employees | 2,490 |
| Revenue | 1.1B USD (2021) |
DXP Enterprises is a products and service distributor to industrial customers throughout the United States, Canada and Mexico. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production services that emphasize and utilize DXP’s product knowledge and technical expertise in rotating equipment, bearings, power transmission, industrial supplies and safety products and services. DXP Enterprises was incorporated in 1908 and is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 55 |
| Sector (Distribution) | 24 of 36 |
| Type (Add-on Acquisition) | 35 of 54 |
| State (Texas) | 10 of 11 |
| Country (United States) | 30 of 49 |
| Year (2013) | 5 of 5 |
| Size (of disclosed) | 2 of 28 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-31 |
Tool-Tech Industrial Machine and Supply Inc
San Antonio, Texas, United States Tool-Tech Industrial Machine and Supply is the fastest growing cutting tool distributor in the Southwest. Company mission is to support customers production needs with on-time deliveries, the best products on today's market and great pricing. |
Buy | $8M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-02 |
B27
Plano, Texas, United States B27 LLC is a distributor of pump and integrated flow control solutions serving the oil & gas, power generation, air quality and other industrial markets. |
Buy | $285M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 140M USD |
| Size | Small |
| Type | Sector Agnostic |
Champlain Capital Partners is a private equity firm focused on growth capital financings and investments in businesses facing succession issues. The Firm is a generalist investor investor and will consider opportunities in a broad range of manufacturing, service and distribution industries. Target businesses typically have revenues of $10 to $100 million and EBITDA of $3 to $15 million. Champlain prefers companies located in the US. Champlain will not invest in turnaround situations. Champlain Capital Partners was formed in 2000 and is based in San Francisco, California with an additional office in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 15 |
| Sector (Distribution) | 2 of 2 |
| Type (Add-on Acquisition) | 3 of 6 |
| State (Texas) | 2 of 2 |
| Country (United States) | 8 of 15 |
| Year (2013) | 4 of 4 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-03 |
Clarity Imaging Technologies
Saddle Brook, New Jersey, United States Clarity Imaging Technologies, Inc. manufactures and markets PageMax laser toner cartridges, the next generation in laser toner cartridges. PageMax laser toner cartridges use patented 'High Efficiency Toner Transfer Technology' to double the page yield versus the OEM cartridges, while providing comparable quality and reliability. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-20 |
Thibaut
Union, New Jersey, United States Thibaut is an operator of wallpaper and fabric company. Thibaut is a designer and global distributor of branded wallpapers, fabrics, and furniture sold through the interior design channel. Thibaut goes to market through two highly regarded brands, Thibaut and Anna French. Thibaut was founded in 1886 and is based in Union, New Jersey. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies valued between $10 and $60 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 51 |
| Sector (Distribution) | 2 of 3 |
| Type (Add-on Acquisition) | 11 of 19 |
| State (Texas) | 3 of 4 |
| Country (United States) | 24 of 51 |
| Year (2013) | 5 of 5 |
| Size (of disclosed) | 4 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-03 |
RegO
Elon, North Carolina, United States RegO is a designer and manufactures a comprehensive range of flow control valves and regulators that are sold to domestic and international markets under the RegO and Goddard brand names. RegO was formed in 1908 and is based in Elon, North Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-03 |
FAIRPAY Solutions
Addison, Texas, United States FAIRPAY Solutions is a Provider of workers compensation specialty medical bill review and auditing services, working with more than 1,000 payers to help them realize significant savings using proprietary data, processes, software and algorithms. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Stockwell Capital is a co-investment firm, focused on making minority investments alongside private equity sponsors. Stockwell is a generalist investor, with no sector preferences and looks to commit $3 to $10 million per investment. The Firm will consider opportunities throughout the US and Europe and prefers late-stage or growth equity situations. Stockwell Capital was formed in 2002 and is based in Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 41 |
| Sector (Distribution) | 1 of 1 |
| Type (Add-on Acquisition) | 5 of 12 |
| State (Texas) | 4 of 6 |
| Country (United States) | 14 of 33 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 15 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-28 |
David s Bridal
Conshohocken, Pennsylvania, United States David’s Bridal, Inc. is a retailer of bridal gowns and bridal-party related merchandise through its David’s Bridal stores and Priscilla of Boston stores. David’s Bridal stores provide an assortment of designer wedding gowns, special occasion dresses and accessories at affordable prices. Known for value, fashionable designs and the ease of one-stop shopping, David’s Bridal designs, produces and sells a wide selection of styles and sizes through a network of over 300 US and 5 Canadian stores. |
Sell | $1.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-17 |
MultiPlan
New York, New York, United States MultiPlan is a provider of technology-enabled healthcare cost management solutions. The company provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse and fraud before payments are made. MultiPlan was founded in 1980 and is based in New York city. |
Sell | $4.4B |
