M&A Deal Summary

Kohlberg & Company Acquires Stanadyne

On June 23, 2004, private equity firm Kohlberg & Company acquired machinery company Stanadyne from American Industrial Partners for 330M USD

Acquisition Highlights
  • This is Kohlberg & Company’s 1st transaction in the Machinery sector.
  • This is Kohlberg & Company’s largest (disclosed) transaction.
  • This is Kohlberg & Company’s 13th transaction in the United States.
  • This is Kohlberg & Company’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2004-06-23
Target Stanadyne
Sector Machinery
Buyer(s) Kohlberg & Company
Sellers(s) American Industrial Partners
Deal Type Secondary Buyout
Deal Value 330M USD

Target

Stanadyne

Windsor, Connecticut, United States
website
Stanadyne is a worldwide designer and manufacturer of highly engineered, precision-machined products used on diesel engines, primarily for off-highway applications, such as agricultural and construction equipment, and also for on-highway vehicles. The Company’s products include fuel filtration systems, fuel pumps and fuel injection equipment for diesel engines and valve train components for gasoline engines. The Company sells its products to original equipment manufacturers (OEMs) and through its aftermarket distribution network that serves the needs of its global installed base of products.

Search 192,611 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) 1

Buyer

Kohlberg & Company

Mount Kisco, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1987
PE ASSETS 11.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kohlberg & Company is a private equity firm which acquires middle-market companies with consistent cash flow, and underperforming companies with operational deficiencies. Kohlberg looks to commit $100 to $500 million of equity capital in opportunities valued from $200 million to $2 billion. Kohlberg generally looks for opportunities in the manufacturing and service sectors, however the Firm will also selectively consider businesses in food and healthcare. Kohlberg tends not to consider technology or communications companies. Kohlberg & Company was formed in 1987 and has offices in Mt. Kisco, New York.


DEAL STATS #
Overall 13 of 79
Sector (Machinery) 1 of 2
Type (Secondary Buyout) 1 of 32
State (Connecticut) 1 of 4
Country (United States) 13 of 77
Year (2004) 1 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-24 Nancy s Specialty Foods

Newark, California, United States

Nancy's Specialty Foods, Inc. is a manufacturer of soups, salad dressings, sauces and other food products for the foodservice industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-01 SVP Worldwide

LaVergne, Tennessee, United States

SVP Worldwide is a consumer sewing machine company with market shares across all industry price points. SVP unites three of the industry's most widely recognized brands, Singer, Husqvarna Viking, and Pfaff, that successfully target distinct market segments. SVP and it's legacy companies, Singer Worldwide was formed in 1851 and is based in LaVergne, Tennessee.

Buy -

Seller(S) 1

SELLER

American Industrial Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1989
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

American Industrial Partners is a private equity firm focused on investments in North American manufacturing or industrial service companies. For platform acquisitions, the Firm seeks businesses with at least $500 million of revenue and the Firm will consider transactions valued up to $2 billion. Operating characteristics of prospective businesses include historical record of strong free cash flows, opportunities to drive value through operating enhancements, and sustainable competitive advantages. American Industrial Partners will consider a variety of transaction types including leveraged buyouts, structured equity investments, bridge financings, senior debt, carve-outs, take privates, turnarounds, and rescue financings. American Industrial Partners was formed in 1989 and is based in New York City.


DEAL STATS #
Overall 2 of 24
Sector (Machinery) 1 of 6
Type (Secondary Buyout) 1 of 9
State (Connecticut) 1 of 2
Country (United States) 2 of 22
Year (2004) 1 of 2
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 Stolle Machinery

Centennial, Colorado, United States

Stolle Machinery Co., LLC is a manufacturer of a wide array of highly engineered equipment used by global can-makers to manufacture and decorate aluminum or steel can bodies and easy-open ends used primarily to package carbonated soft drinks, beer, and various foods.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-28 Bucyrus International

Milwaukee, Wisconsin, United States

Bucyrus International, Inc. is a manufacturer of large-scale excavation equipment used in surface mining and other earth moving operations including rotary blast hole drills, electric mining shovels, and draglines.

Sell -