M&A Deal Summary

Greenbriar Equity Group Acquires Align Aerospace

On August 16, 2011, private equity firm Greenbriar Equity Group acquired aerospace company Align Aerospace from Anixter International for 155M USD

Acquisition Highlights
  • This is Greenbriar Equity Group’s 2nd transaction in the Aerospace sector.
  • This is Greenbriar Equity Group’s 2nd largest (disclosed) transaction.
  • This is Greenbriar Equity Group’s 12th transaction in the United States.
  • This is Greenbriar Equity Group’s 2nd transaction in California.
Investment Fate
  • Align Aerospace was sold to a strategic buyer in 2015.

M&A Deal Summary

Date 2011-08-16
Target Align Aerospace
Sector Aerospace
Buyer(s) Greenbriar Equity Group
Sellers(s) Anixter International
Deal Type Divestiture
Deal Value 155M USD

Target

Align Aerospace

Chatsworth, California, United States
website
Align Aerospace is a distributor of aerospace fasteners and other hardware, primarily to aerospace original equipment manufacturers.

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Buyer(S) 1

Buyer

Greenbriar Equity Group

Rye, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Greenbriar Equity Group is a specialized private equity firm focused on investing in the global transportation and advanced manufacturing industries. Companies of interest include traditional carriers, such as railroads, cruise lines, airlines, air freight, shipping, and trucking, as well as ancillary manufacturers and service companies that support the transportation industry. Greenbriar will consider making majority as well as minority investments through a variety of structures, including leveraged buyouts, recapitalizations, growth capital investments, corporate joint ventures and privatizations. The Firm targets businesses valued from $100 million to $1 billion. Greenbriar Equity was formed in 1999 and is based in Rye, New York.


DEAL STATS #
Overall 13 of 43
Sector (Aerospace) 2 of 9
Type (Divestiture) 2 of 3
State (California) 2 of 6
Country (United States) 12 of 38
Year (2011) 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-24 Active Aero Group Holdings

Belleville, Michigan, United States

Active Aero Group Holdings, Inc. is a full service premium logistics and expedited air cargo companies servicing the on-demand air freight and ground market segments in North America.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-17 PetroChoice

King of Prussia, Pennsylvania, United States

PetroChoice is the largest lubricant distributor in the United States, providing business solutions for industrial lubricant needs and commercial and passenger car motor oil. PetroChoice was founded in 1969 and is headquartered in King of Prussia, Pennsylvania.

Buy -

Seller(S) 1

SELLER

Anixter International

Glenview, Illinois, United States

website


Category Company
Founded 1957
Sector Distribution
Employees9,300
Revenue 8.4B USD (2018)
DESCRIPTION
Entrance to Anixter's corporate headquarters in Glenview, Illinois.
Entrance to Anixter's corporate headquarters in Glenview, Illinois.

Anixter International, Inc. is a distributor of Network & Security Solutions, Electrical & Electronic Solutions, and Utility Power Solutions. From enterprise networks to industrial MRO supply to video surveillance applications to electric power distribution, Anixter offers full-line solutions, and intelligence, that create reliable, resilient systems that sustain businesses and communities. Anixter International, Inc. was formed in 1957 and is based in Glenview, Illinois.


DEAL STATS #
Overall 1 of 2
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 2
State (California) 1 of 1
Country (United States) 1 of 2
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-20 Clark Security Products

San Diego, California, United States

Clark is a distributor of security products and locksmith supplies to commercial, industrial and government entities throughout the United States, with major distribution centers in San Diego, CA; Dallas, TX; Sacramento, CA; Denver, CO; Lexington, KY; Silver Spring, MD; Phoenix, AZ; and Kent, WA. Clark's broad array of products includes locking hardware, access control devices, closed circuit television, along with various technical support services.

Buy $37M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-09 Jorvex S.A.

Lima, Peru

Jorvex is a distributor of electrical wire and cable products to commercial, industrial and government entities throughout Peru, with major distribution centers in Lima, Arequipa and Chiclayo. Jorvex's broad array of products includes electrical wire and cable products, PVC and HDPE pipe and conveyor belts along with various technical support services.

Buy -