NN - M&A Summary and Business Overview

ManufacturingCompany

NN M&A Summary

NN has acquired 7 companies. A total of 3 acquisitions came from private equity firms. It has also divested 3 assets.

NN’s largest acquisition to date was in 2015, when it acquired Precision Engineered Products for $615M. It’s largest disclosed sale occurred in 2020, when it sold NN - Life Sciences Division to MW Industries for $825M. NN has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include medical products (34%) and metals/mining (34%).

NN Business Overview

Where is NN headquartered?

NN is headquartered in Charlotte, North Carolina.

What is NN’s revenue?

NN disclosed revenue of 489M USD for 2023 and 499M USD for 2022.

How many employees does NN have?

NN has 3,087 employees.

What sector is NN in?

NN is a manufacturing company.

When was NN founded?

NN was founded in 1980.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity6
    • M&A Sell Activity3
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 6
  • M&A Advisors 4

NN

NN, Inc.

6210 Ardrey Kell Road,
Charlotte, North Carolina 28277
United States,
(980) 264-4300
www.nninc.com

NN manufactures and supplies high precision metal bearing components, industrial plastic and rubber products and precision metal components to a variety of markets on a global basis. NN was founded in 1980 and is based in Charlotte, North Carolina.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 6 - - - - - 6
vol $1.2B $1.2B
Sell (0.4/yr) # 1 1 - - - 1 3
vol $375M $825M $1.2B
  9

Most Recent M&A

Company Date Value Type
Industrial Molding Corp. 2024-07-03 - Divestiture
Lubbock, Texas
NN, Inc. - Life Sciences Division 2020-08-24 825M USD Divestiture
Johnson City, Tennessee
Paragon Medical, Inc. 2018-04-03 375M USD Add-on Acquisition
Pierceton, Indiana · www.paragonmedical.com
Bridgemedica LLC 2018-02-22 - Add-on Acquisition
Mansfield, Massachusetts · www.bridgemedica.com
Precision Bearing Components Group 2017-07-10 375M USD Divestiture
Johnson City, Tennessee
Precision Engineered Products LLC 2015-08-17 615M USD Add-on Acquisition
Attleboro, Massachusetts · www.pep-corp.com
Autocam Corp. 2014-07-21 245M USD Add-on Acquisition
Kentwood, Michigan · www.autocam.com
Chelsea Grinding Co. 2014-07-15 - Add-on Acquisition
Jackson, Michigan
RFK Valjcici d.d. Konjic 2014-06-25 - Stake Purchase
Konjic, Bosnia and Herzegowina · www.rfk-valjcici.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Precision Engineered Products LLC 2015-08-17 Imperial Machine and Tool Co. 2018-09-19 1
Attleboro, Massachusetts · www.pep-corp.com Columbia, New Jersey · www.imperialmachine.com

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 2 (33%) 375M (30%) 1 (33%) 825M (69%)
Metals/Mining 2 (33%) 245M (20%) - -
Manufacturing 1 (17%) 615M (50%) 1 (33%) 375M (31%)
Machinery 1 (17%) - - -
Plastics - - 1 (33%) -
Total 6 $1.2B 3 $1.2B

By Geo

State/Country Buy Value Sell Value
United States 5 1.2B 3 1.2B
  Michigan 2 245M - -
  Massachusetts 2 615M - -
  Tennessee - - 2 1.2B
  Indiana 1 375M - -
  Texas - - 1 -
Bosnia and Herzegowina 1 - - -
Domestic 5 (83%) 1.2B (100%) 3 (100%) 1.2B (100%)
Cross-border 1 (17%) - - -
Total 6 $1.2B 3 $1.2B

Top M&A Advisors

Financial Deals
KeyBanc Capital Markets
2
SunTrust Robinson Humphrey, Inc.
2
Blaige & Co.
1
Legal Deals
Bass, Berry & Sims PLC
2

Deal Values

buy # Total
$100M to $1B 3 $1.2B
TOTAL $1.2B
Largest Precision Engineered Products LLC
$615M (2015-08-17)
sell # Total
$100M to $1B 2 $1.2B
TOTAL $1.2B
Largest NN, Inc. - Life Sciences Division
$825M (2020-08-24)

M&A Connections

Deals
Acquired from
Investor(s)
33%
2 (33%)
Divested to
Strategic(s)
100%
3 (100%)

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