M&A Deal Summary

Industrial Opportunity Partners Acquires Gulf Coast Machine & Supply

On February 1, 2008, private equity firm Industrial Opportunity Partners acquired manufacturer Gulf Coast Machine & Supply for 24M USD

Acquisition Highlights
  • This is Industrial Opportunity Partners’ 2nd transaction in the Manufacturing sector.
  • This is Industrial Opportunity Partners’ 2nd largest (disclosed) transaction.
  • This is Industrial Opportunity Partners’ 4th transaction in the United States.
  • This is Industrial Opportunity Partners’ 1st transaction in Texas.
Investment Fate
  • Gulf Coast Machine & Supply was sold to a consortium of financial buyers in 2012.
  • Gulf Coast Machine & Supply was sold to a strategic buyer in 2017.

M&A Deal Summary
Date 2008-02-01
Target Gulf Coast Machine & Supply
Sector Manufacturing
Buyer(s) Industrial Opportunity Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 24M USD

Target

Gulf Coast Machine & Supply

Beaumont, Texas, United States
website
Gulf Coast Machine & Supply Co. is a manufacturer of large forgings for use in the oil and gas, petrochemical, wind energy, and general industrial markets. Gulf Coast Machine & Supply was founded in 1919 and is based in Beaumont, Texas.

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Buyer(S) 1

Buyer

Industrial Opportunity Partners

Evanston, Illinois, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2005
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Industrial Opportunity Partners is a private equity firm focused on acquiring and managing middle-market manufacturing and value-added distribution businesses. IOP looks to invest $15 to $100 million in companies with revenues between $50 and $500 million with an EBITDA of $5 to $50 million. Sectors of interest include building products, electronics, foundry, and casting products, precision machining, stamped and fabricated products, automotive components and steel/metal processing. IOP has a particular investment focus on enhancing the operations and optimizing the cost structures of businesses. Industrial Opportunity Partners was formed in 2005 and is based in Evanston, Illinois.

DEAL STATS #
Overall 4 of 32
Sector (Manufacturing) 2 of 7
Type (Buyout (LBO, MBO, MBI)) 4 of 14
State (Texas) 1 of 1
Country (United States) 4 of 30
Year (2008) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-05 FAS Controls

Shelby, North Carolina, United States

FAS Controls is a manufacturer of pressure switches, valves, circuit breakers, mechanical switches, coils and solenoids. These custom-designed and application specific products are primarily sold to original equipment manufacturers of heavy trucks, automobiles and commercial equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-05 E.B. Bradley

Los Angeles, California, United States

E.B. Bradley is a distributor of cabinet hardware, laminates and surfacing products, board products, edgebanding, and woodworking supplies, as well as a manufacturer of laminated panels, serving the commercial construction and residential renovation markets. E.B. Bradley was founded in 1929 and is based in Los Angeles, California.

Buy -
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