M&A Deal Summary |
|
|---|---|
| Date | 2006-03-10 |
| Target | Latigo Petroleum |
| Sector | Oil/Gas Exploration |
| Buyer(s) | PXP Producing Company |
| Sellers(s) |
Warburg Pincus
CCMP Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 750M USD |
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PXP Producing Company LLC, together with its subsidiaries, engages in the exploration, development, acquisition, and production of oil and gas properties in the United States, Vietnam, and New Zealand.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1966 |
| PE ASSETS | 83.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 249 |
| Sector (Oil/Gas Exploration) | 4 of 25 |
| Type (Add-on Acquisition) | 9 of 90 |
| State (Oklahoma) | 1 of 2 |
| Country (United States) | 19 of 136 |
| Year (2006) | 5 of 7 |
| Size (of disclosed) | 27 of 63 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-03-01 |
ACB
Gurgaon, India ACB is a provider of coal beneficiation (washing, processing, and removal of impurities from coal) services in India. Its clients include power generation companies, cement manufacturers, and steel manufacturers, for whom beneficiation of raw coal results in lower transport costs, increased utilization, and less wear-and-tear of capital equipment. ACB was founded in 1997 and is based in Gurgaon, India. |
Buy | $66M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-03-13 |
NuLens
Herzliya Pituah, Israel NuLens, founded in 2002 and based in Herzliya Pituah, Israel, is a medical device company focused on developing the next generation of accommodating intraocular lenses based on the patents of Dr. Joshua Ben-nun. Intraocular lenses, or IOLs, are implantable devices offering the potential for glasses-free vision for patients with cataracts or poor vision. The first technology the Company is developing is an accommodating IOL that mimics the natural movement of the human eye, offering a material improvement in focusing power over currently available accommodating IOLs. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 18.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
CCMP Capital is a large private equity firm focused on buyout and growth equity valued up to $2 billion. Sectors of interest include consumer, retail, and services (specialty retail, direct marketing, consumer packaged goods); media/telecom (consumer and trade publishing, content and programming, broadcasting, cable, wireless and wire line communications ); industrial (chemicals, manufacturing, distribution, automotive); energy (exploration and production, power generation, renewable energy, services); and healthcare (services, pharmaceuticals, medical devices). The Firm's target investment size is $100 to $500 million. CCMP Capital Advisors was formed in 1984 and was spun off in 2006 from JP Morgan Chase. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 78 |
| Sector (Oil/Gas Exploration) | 3 of 4 |
| Type (Add-on Acquisition) | 7 of 22 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 25 of 61 |
| Year (2006) | 4 of 6 |
| Size (of disclosed) | 18 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-02-08 |
International Car Wash Group
Centennial, Colorado, United States International Car Wash Group is a large local car wash conglomerate washing millions of cars across North America and Europe. The Company was established in 1965 and is headquartered in Centennial, Colorado. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-05 |
Cumulus Media Partners
Atlanta, Georgia, United States Cumulus Media Partners, LLC owns and operates radio broadcasting stations. The company, through its AM and FM radio stations, serves listeners, communities, advertisers, and agencies in Dallas, Houston, San Francisco, Atlanta, Cincinnati, Indianapolis, York, Albemarle, and Anniston. The company was formerly known as Susquehanna Radio Corp. and it changed its name to Cumulus Media Partners, LLC in May, 2006. |
Buy | $1.3B |
