M&A Deal Summary |
|
|---|---|
| Date | 2013-11-20 |
| Target | North Atlantic Ship Repair |
| Sector | Marine |
| Buyer(s) |
NewSpring Capital
Plexus Capital |
| Sellers(s) | J.F. Lehman & Company |
| Deal Type | Secondary Buyout |
| Advisor(s) | Lincoln International (Financial) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.7B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 75 of 184 |
| Sector (Marine) | 1 of 1 |
| Type (Secondary Buyout) | 4 of 9 |
| State (Massachusetts) | 7 of 17 |
| Country (United States) | 74 of 180 |
| Year (2013) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-14 |
Climax Manufacturing Company
Lowville, New York, United States Climax Manufacturing Company is patented and manufactured chicken incubators and brooders. About 10 years later, the packaging division began to make fiberboard cheese drums to support local cheese production; it then branched out into meat packers and other folding-carton applications. Today the Company is a leading producer of retail gift boxes and supermarket deli and bakery packaging. In the mid 1930's, Climax acquired Carthage Papermakers, a manufacturer of recycled, uncoated paperboard. While much of the Paperboard Division's recycled paperboard is still consumed by the Packaging Division, it has also become the leading producer of matboard used in picture framing supplied to the graphics arts industry. Climax Manufacturing Company was formed in 1902 and is based in Lowville, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-18 |
Fiberlink Communications
Blue Bell, Pennsylvania, United States Fiberlink Communications Corp. is a provider of cloud based comprehensive security and management for applications, documents, email, and devices. |
Sell | $200M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 950M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Plexus Capital is a private equity firm that invests in buyouts, acquisitions, recapitalizations and growth financings in the form of junior and/or equity capital. Plexus focuses on lower middle-market businesses located in the Mid-Atlantic and Southeast areas of the US. The Firm looks for businesses companies in the business services, consumer services, manufacturing, value-added distribution, and healthcare sectors with up to $20 million of cash-flow. Plexus Capital was formed in 1995 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 94 |
| Sector (Marine) | 1 of 1 |
| Type (Secondary Buyout) | 4 of 8 |
| State (Massachusetts) | 2 of 2 |
| Country (United States) | 52 of 94 |
| Year (2013) | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-01 |
Solvair
Chicago, Illinois, United States Solvair, LLC is a producer and marketer of proprietary, environmentally friendly dry cleaning systems. Solvair was founded in 2007 and is based in Chicago, Illinois. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-02 |
Red Bird
Lexington, North Carolina, United States Red Bird is a family-owned business that manufactures puffed peppermint candies. It also produces Thinfuls, a line of better-for-you handcrafted popcorn snacks. The company sells its branded products, as well as various private-label candy and popcorn products, across the United States in the mass, dollar, club, drug, and e-commerce channels. Red Bird was formed in 1890 and is based in Lexington, North Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 900M USD |
| Size | Middle-Market |
| Type | Sector Focused |
JF Lehman is a specialist private equity firm that targets investments in the defense, aerospace and maritime industries. JF Lehman looks for lower middle-market company opportunities with established products but that not may not be realizing their full potential. The Firm will only consider control based investment situations. J.F. Lehman was formed in 1992 and has offices in New York, London, and Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 26 |
| Sector (Marine) | 3 of 5 |
| Type (Secondary Buyout) | 4 of 6 |
| State (Massachusetts) | 1 of 2 |
| Country (United States) | 16 of 25 |
| Year (2013) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-19 |
Drew Marine
Whippany, New Jersey, United States Drew Marine is a global manufacturer and provider of advanced performance chemicals and safety solutions to virtually every sector of the international maritime and offshore markets. Drew Marine has 100 distribution locations in more than 50 countries. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-27 |
Aeronautical & General Instruments
Dorset, United Kingdom Aeronautical & GI Holdings is a manufacturer of proprietary situational awareness and LED lighting systems for naval vessels, military, and commercial aircraft and military ground vehicles. Aeronautical & General Instruments is based in Dorset, United Kingdom. |
Buy | - |
