M&A Deal Summary |
|
|---|---|
| Date | 2016-02-29 |
| Target | Pittsburgh Glass Works |
| Sector | Automotive |
| Buyer(s) | LKQ |
| Sellers(s) |
Kohlberg & Company
PPG |
| Deal Type | Add-on Acquisition |
| Deal Value | 635M USD |
| Advisor(s) | Jefferies Nomura Holdings, Inc. (Financial) Ropes & Gray (Legal) |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Automotive |
| Employees | 46,000 |
| Revenue | 13.1B USD (2021) |
LKQ is a provider of alternative collision replacement parts and also a provider of recycled engines and transmissions and remanufactured engines, all in connection with the repair of automobiles and other vehicles. LKQ also has operations in the United Kingdom, Canada, Mexico, Taiwan, the Netherlands, Belgium, France, Guatemala and Costa Rica. LKQ operates more than 500 facilities, offering its customers a broad range of replacement systems, components and parts to repair automobiles and light, medium and heavy-duty trucks. LKQ was founded in 1998 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 45 |
| Sector (Automotive) | 17 of 20 |
| Type (Add-on Acquisition) | 35 of 40 |
| State (Pennsylvania) | 3 of 3 |
| Country (United States) | 26 of 30 |
| Year (2016) | 1 of 3 |
| Size (of disclosed) | 4 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-22 |
Rhiag Group
Baar, Switzerland Rhiag Group Ltd. is the distributor of branded automotive spare parts in the independent Italian aftermarket and one of the largest players across Eastern Europe where it operates through a network of subsidiaries. |
Buy | €1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-03 |
Arleigh International
Nuneaton, United Kingdom Arleigh International Ltd. are specialist leisure wholesalers in the UK trading through three divisions supplying equipment and spares into the holiday home (Arleigh), motorhome (Nova Leisure) and inland waterways (Midland Chandlers) markets. From their purpose built 60,000 sq ft premises in Nuneaton, Warwickshire, they supply over 13,000 SKUs on a next day basis to over 4,000 trade accounts |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 30 of 47 |
| Sector (Automotive) | 3 of 3 |
| Type (Add-on Acquisition) | 14 of 18 |
| State (Pennsylvania) | 2 of 2 |
| Country (United States) | 29 of 46 |
| Year (2016) | 1 of 3 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-20 |
Risk Strategies
Boston, Massachusetts, United States Risk Strategies is a national brokerage firm focused on delivering risk management and insurance solutions toprivately-held and publicly-traded commercial clients and high net worth individuals. Risk Strategies focuses on client risk management challenges and delivers pragmatic, costeffective financial and business solutions. Risk Strategies was founded in 1997 and is based in Boston, Massachusetts. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-29 |
Spinal Elements
Carlsbad, California, United States Spinal Elements is a designer, developer, manufacturer and marketer of medical devices used in spinal surgical procedures. Spinal Elements' mission is to exceed surgeon and patient expectations by creating balanced solutions with disruptive technologies for medical devices paired with biologics and instrumentation. Spinal Elements' vertically-integrated strategy focuses on improving surgical outcomes and the lives of patients with spinal disorders. |
Buy | - |
PPG manufactures and distributes a broad range of coatings, specialty materials and glass products. The Company is comprised of three reportable business segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings and Industrial Coatings reportable segments supply coatings and specialty materials for customers in a wide array of end-use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum coils; marine and aircraft equipment; automotive original equipment; and other industrial and consumer products. The Industrial Coatings reportable segment is comprised of the automotive OEM, industrial coatings, packaging coatings, and specialty coatings and materials businesses. PPG's Glass segment is a producer of flat glass in North America and a producer of fiber glass in North America and Europe, as well as Asia through a partnership with Nan Ya Plastics Corp to serve the electronics industries. PPG was formed in 1883 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Automotive) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Pennsylvania) | 1 of 2 |
| Country (United States) | 1 of 2 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-11 |
IVC Industrial Coatings
Brazil, Indiana, United States IVC Industrial Coatings, Inc. is a specialty powder and liquid coatings manufacturer. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-08 |
MetoKote
Lima, Ohio, United States MetoKote provides environmentally sound and cost-effective coating solutions including equipment, coating application, and related management and support services to a wide variety of industries such as agriculture, appliance, automotive, computer, construction equipment, electrical, furniture, industrial equipment, recreational, and truck and bus. |
Buy | - |
