M&A Deal Summary |
|
|---|---|
| Date | 2016-03-15 |
| Target | Total Plastics Int l |
| Sector | Distribution |
| Buyer(s) | Prophet Equity |
| Sellers(s) | A. M. Castle |
| Deal Type | Divestiture |
| Deal Value | 55M USD |
| Advisor(s) | William Blair (Financial) Winston & Strawn (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prophet Equity is a private investment group focused on partnering with owners and management to acquire and build companies. The Firm targets the lower middle-market, and generally pursues businesses with significant value creation potential, such as those found in partnerships, corporate carve-outs, divestitures and non-strategic businesses of larger companies. Prospective companies typically have revenue up to $500 million and are valued between $10 and $250 million. Sectors of interest include automotive, transportation, consumer products, aerospace/defense, distribution, financial services, healthcare, manufacturing, technology, and natural resources. Prophet Equity was founded in 2007 and is based in Southlake, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 18 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| State (Michigan) | 2 of 2 |
| Country (United States) | 15 of 18 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-07 |
Brown Brothers Asphalt & Concrete
Centennial, Colorado, United States Brown Brothers Asphalt & Concrete is a provider of asphalt and concrete maintenance and new construction, as well as snow removal, to a diverse base of repeat customers in the real estate development, property management, and construction industries operating in the attractive Colorado market. Brown Brothers Asphalt & Concrete was established in 1996 and is based in Centennial, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-06 |
Groff Tractor & Equipment
Mechanicsburg, Pennsylvania, United States Groff Tractor & Equipment, Inc. is a heavy equipment specialist serving construction end-markets with flexible mix of parts, service, rentals and sales. Groff has 11 locations that serve Pennsylvania, Maryland, New Jersey, Ohio, Virginia and West Virginia with OEM partnerships that include CASE Construction, Wirtgen America, Terramac, Rubble Master, Liebherr, Terex, Takeuchi, Sakai, Wacker, and Atlas Copco. Groff Tractor & Equipment was established in 1958 and is based in Mechanicsburg, Pennsylvania. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1890 |
| Sector | Distribution |
| Employees | 681 |
| Revenue | 368M USD (2020) |
A. M. Castle is a metals and plastics distribution company. A. M. Castle was incorporated in 1890 and is based in Oak Brook, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-16 |
Tube Supply
Houston, Texas, United States Tube Supply, Inc. is a distributor of tubular and bar products for the oil and gas industry. |
Buy | $165M |
