M&A Deal Summary |
|
|---|---|
| Date | 2012-08-01 |
| Target | Neovia Logistics |
| Sector | Transportation |
| Buyer(s) | Platinum Equity |
| Sellers(s) | Caterpillar |
| Deal Type | Divestiture |
| Deal Value | 750M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 36.0B 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 | 53 of 141 |
| Sector (Transportation) | 4 of 7 |
| Type (Divestiture) | 27 of 59 |
| State (Texas) | 3 of 7 |
| Country (United States) | 46 of 112 |
| Year (2012) | 3 of 5 |
| Size (of disclosed) | 18 of 31 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-01 |
DMS Health Technologies
Fargo, North Dakota, United States DMS Health Technologies offers a wide range of imaging services including mobile, interim, and fixed-site solutions. DMS Health Technologies was founded in 1972 and is based in Fargo, North Dakota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-08 |
Clipper Windpower
Cedar Rapids, Iowa, United States Clipper Windpower is a wind energy technology, turbine manufacturing and wind project development company. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1925 |
| Sector | Machinery |
| Employees | 109,100 |
| Revenue | 59.4B USD (2022) |
Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar principally operates through three product segments. These include Resource Industries, Construction Industries, and Energy & Transportation. Caterpillar also provides financing and related services through its Financial Products segment. Caterpillar was incorporated in 1925 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 8 |
| Sector (Transportation) | 1 of 1 |
| Type (Divestiture) | 4 of 7 |
| State (Texas) | 1 of 1 |
| Country (United States) | 3 of 5 |
| Year (2012) | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-18 |
Caterpillar - Distribution Business
United Kingdom Caterpillar - Distribution Business operates a construction, mining and agricultural machinery parts distribution center, includes facilities and inventory primarily in South America and Canada. |
Sell | $465M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-01 |
Johan Walter Berg AB
Ockero, Sweden Berg Propulsion is a designer and producer of Controllable Pitch Propellers for the shipping industry. Berg delivers fully customized main propellers, azimuth thrusters, transverse thrusters and manoeuvre systems, and 24-hour service. Berg Propulsion operates from production facilities in Sweden and Singapore, with sales and marketing offices in China (Shanghai and Guangzhou), Turkey, Dubai, Singapore, Germany, Spain, Brazil, Italy, West Africa, India, South Korea and the Swedish west coast. |
Buy | - |
