M&A Deal Summary |
|
|---|---|
| Date | 2006-11-05 |
| Target | Signature Special Event Services |
| Sector | Business Services |
| Buyer(s) | IRT |
| Sellers(s) | River Associates |
| Deal Type | Add-on Acquisition |
| Deal Value | 22M USD |
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IRT (formally TVI Corporation) was incorporated January 28, 1977 when it introduced its patented Radiant Heating Panels to the commercial marketplace. In 1980, IRT responded to a request from the Department of Defense (DoD) for technical assistance in the area of military thermal targets. The DoD was interested in the application of IRT’s radiant heating panel technology to the development of thermal targets in support of M60A3 tank gunnery training and certification.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
River Associates is a private equity firm that targets buyouts, divestitures and recapitalizations of lower middle-market companies. River looks for investments in manufacturing, high-margin distribution, industrial services and 'non-faddish' retail companies. The Firm focuses on companies located in the US and Canada with minimum sales of $15 million and EBITDA of $3 to $12 million. River Associates avoids investing in heavily regulated industries as well as start-up, high-technology, commodity or natural resource companies. River Associates was formed in 1989 and is based in Chattanooga, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 25 |
| Sector (Business Services) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 7 |
| State (Maryland) | 1 of 1 |
| Country (United States) | 6 of 24 |
| Year (2006) | 3 of 3 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-10-01 |
Tooling Tech Group
Fort Loramie, Ohio, United States Tooling Tech Group is a supplier of high-quality tooling for a variety of material forming processes including: thermoforming, twin-sheet and single-sheet vacuum forming, pressure forming, compression molding, rotational molding, blow molding, resin transfer molding, rubber and polyurethane molding, carpet and metal stamping, foundry tooling and pulp molding. The full range of in-house capabilities, including patterns, models, cast tooling, finishing, CNC machining as well as design and engineering, provides customers with a complete, one-stop solution for their tooling needs. Tooling Tech Group was formed in 1982 and is based in Fort Loramie, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-27 |
Wheaton Industries
Millville, New Jersey, United States Wheaton Industries, Inc. is a marketer, manufacturer and re-packager of containers, laboratory ware, instrumentation and associated products and services sold principally to customers in the general laboratory, life sciences, and diagnostics and reagent / chemicals packaging markets. |
Buy | - |
