M&A Deal Summary |
|
|---|---|
| Date | 2008-04-03 |
| Target | Ajax Rolled Ring & Machine |
| Sector | Machinery |
| Buyer(s) |
Prospect Capital Management
Stewart Capital Management Pegasus Capital Group |
| Sellers(s) | Dogwood Equity |
| Deal Type | Secondary Buyout |
| Advisor(s) | Piper Sandler & Co. (Financial) |
SEARCH BY
| Category | Business Development Company |
|---|---|
| Founded | 1988 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prospect Capital Corporation is a publicly traded mezzanine debt and private equity firm that primarily provides non-control financing to support growth, recapitalizations, acquisitions, and development. Prospect will selectively consider control acquisitions by providing multiple levels of the capital structure. Prospect was initially formed in 1988 and went public 2004. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 86 |
| Sector: Machinery M&A | 1 of 4 |
| Type: Secondary Buyout M&A Deals | 7 of 19 |
| State: South Carolina M&A | 2 of 3 |
| Country: United States M&A | 37 of 83 |
| Year: 2008 M&A | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-03-17 |
American Gilsonite Co.
Bonanza, Utah, United States American Gilsonite Company and its predecessor companies have provided high-quality Gilsonite and Gilsonite products and service since 1888. Gilsonite, a registered trademark of American Gilsonite Company, is a non-hazardous, naturally occurring hydrocarbon resin that is similar in appearance to coal or hard asphalt but not similar in properties. Gilsonite is a unique industrial mineral found only in Eastern Utah. As the world's major supplier of Gilsonite products, we market many different grades. We have extensive experience in shipping direct from our Bonanza Mine Site and through our network of agents and stocking distributors in over 40 countries around the world. |
Buy | $74M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-07 |
PMFG
Dallas, Texas, United States PMFG, Inc. is a provider of engineered equipment for the abatement of air pollution, the removal of contaminants from gases and liquids, industrial noise control, and heat-transfer through its two business segments — Environmental Systems and Process Products. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| Size | Small |
| Type | Sector Agnostic |
Stewart Capital Management is a private equity firm that invests in middle-market companies headquartered throughout North America. Stewart focuses on companies with revenues in excess of $20 million and EBITDA greater than $3 million. Specific areas of interest include manufacturing, direct marketing, restaurant, and retail companies. The Firm will consider a variety of transaction types, including MBO’s, growth capital financings, recapitalizations and corporate divestitures. Stewart Capital Management was formed in 2006 and is based in Overland Park, Kansas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 9 |
| Sector: Machinery M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: South Carolina M&A | 1 of 2 |
| Country: United States M&A | 3 of 9 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-15 |
Rockridge Group
Springfield, Missouri, United States Rockridge Group LLC (Astral Direct Holdings) is a multi-brand specialty catalog retailer with operations located in Ozark, Missouri. Astral Direct was a division of Astral Brands and controls two successful brands active in direct-to-consumer catalog mailings and internet storefronts: Linda Anderson and The Music Stand. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-30 |
Rockridge Group
Springfield, Missouri, United States Rockridge Group LLC (Astral Direct Holdings) is a multi-brand specialty catalog retailer with operations located in Ozark, Missouri. Astral Direct was a division of Astral Brands and controls two successful brands active in direct-to-consumer catalog mailings and internet storefronts: Linda Anderson and The Music Stand. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| Size | Small |
| Type | Sector Agnostic |
Pegasus Capital Group is a private investment firm that acquires established, profitable, growth-oriented businesses in non-technology intensive industries. Pegasus has a particular interest in niche-manufacturing, but will also consider value-added distribution and specialty service companies. The Firm prefers North American opportunities. Prospective companies typically have revenues of $5 to $75 million and EBITDA of at least $2 million. Pegasus avoids investing in start-ups, early-stage ventures, technology-driven companies, or minority investments. Pegasus Capital Group was formed in 1997 and is located in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 10 |
| Sector: Machinery M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 4 of 10 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-14 |
Calwax
Irwindale, California, United States Calwax is a blender and wholesale distributor of wax and wax products for a broad range of industrial and commercial uses. The company provides custom wax applications to domestic and international companies in a number of niche markets, including candle, cosmetic, casting, dental, wine and packaging. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-01-09 |
American Piping Products
Chesterfield, Missouri, United States American Piping Products is a specialized distributor of seamless and welded pipe and tubular related products. American Piping Products serves international customers in a variety of end markets including energy, refining, petrochemical, power generation, and diversified industrial. American Piping Products was founded in 1994 and is based in Chesterfield, Missouri. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 74M USD |
| Size | Small |
| Type | Sector Agnostic |
Dogwood Equity is a private equity fund focused on control buyouts and select non-control investments in private companies located in the Southeast US. The firm will consider investments in a broad range of industries, including manufacturing, distribution, service, and consumer products. Prospective companies generally have revenue of $10 to $75 million and EBITDA of $3 to $10 million. Dogwood's target investment size is $4 to $10 million. Dogwood Equity was formed in 2002 and is based in Raleigh, North Carolina, with an additional office in Charlotte.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector: Machinery M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: South Carolina M&A | 2 of 2 |
| Country: United States M&A | 3 of 8 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-01 |
Compact Power Equipment Centers
Fort Mill, South Carolina, United States Compact Power Equipment Centers is a manufacturer and wholesale distributor of compact utility equipment used in a broad spectrum of industries including landscape contracting, telecommunications, general construction, irrigation, and utilities. Compact Power Equipment Centers LLC was established in 2008 and is headquartered in Fort Mill, South Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-01 |
Immaculate Baking Co.
Wakefield, Massachusetts, United States Immaculate Baking Co. is a manufacturer and marketer of all-natural and organic refrigerated dough products. |
Sell | - |
