M&A Deal Summary |
|
|---|---|
| Date | 2021-04-12 |
| Target | Club Car |
| Sector | Automotive |
| Buyer(s) | Platinum Equity |
| Sellers(s) | IR |
| Deal Type | Divestiture |
| Deal Value | 1.7B USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 48.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.
| DEAL STATS | # |
|---|---|
| Overall | 118 of 141 |
| Sector (Automotive) | 5 of 5 |
| Type (Divestiture) | 54 of 59 |
| State (Georgia) | 6 of 7 |
| Country (United States) | 95 of 112 |
| Year (2021) | 4 of 14 |
| Size (of disclosed) | 11 of 31 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-05 |
Cabinetworks Group
Ann Arbor, Michigan, United States Cabinetworks Group is a manufacturer of kitchen and bath cabinets, offering a highly-diverse product portfolio of framed and frameless cabinetry that spans the continuum from value-priced options to nearly custom. The Company serves both the R&R and new construction markets through dealers, distributors, home builders, and home centers. Through its manufacturing facilities and service centers strategically located through the United States, Cabinetworks delivers iconic brands including Advanta®, Cabinets 2000, Cardell®, Design-Craft®, Echelon®, KraftMaid®, Master WoodCraft™, MasterCraft™, Medallion®, Merillat®, Modico™, QualityCabinets™, Schuler®, Serenade™, Smart®, Studio Full Access™, and Yorktowne®. Cabinetworks Group is based in Ann Arbor, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-17 |
Game Taco
San Francisco, California, United States Game Taco is an online skill-based game tournament platform. It is designed to provide a fun, friendly, and trusted destination for users to play skill-based games against opponents of similar ability for fun and cash prizes. In addition to classic games like Solitaire, Game Taco is the exclusive provider of Atari skill games including Breakout, Asteroids, and Centipede. Game Taco was founded in 2016 and is based in San Francisco, California. |
Buy | - |
IR is a manufacturer of highly engineered products, including compressors, liquid ring pumps and blowers for various industrial, medical, environmental, transportation and process applications, pumps used in the petroleum and industrial market segments and other fluid transfer equipment, such as loading arms and dry break couplers, serving chemical, petroleum and food industries. IR was founded in 1859 and is based in Davidson, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 5 of 5 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 7 of 7 |
| Year (2021) | 2 of 2 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-16 |
GD Energy Products
Houston, Texas, United States GD Energy Products is a market leader in the design and manufacture of positive displacement pumps and associated aftermarket parts, consumables, and services primarily for North American unconventional oil & gas and other industrial end markets. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-21 |
Seepex
Bottrop, Germany Seepex is a manufacturer of progressive cavity pumps, a segment of positive displacement pumps that primarily serves water, wastewater, food and beverage, and chemical end markets. Based in Bottrop, Germany with facilities in North America and the Asia Pacific. Seepex is based in Bottrop, Germany. |
Buy | €432M |
