M&A Deal Summary

Sensata Technologies Acquires Schrader International

On October 14, 2014, Sensata Technologies acquired manufacturer Schrader International from Madison Dearborn Partners for 1.0B USD

Acquisition Highlights
  • This is Sensata Technologies’ 1st transaction in the Manufacturing sector.
  • This is Sensata Technologies’ 2nd largest (disclosed) transaction.
  • This is Sensata Technologies’ 5th transaction in the United States.
  • This is Sensata Technologies’ 1st transaction in Colorado.

M&A Deal Summary
Date 2014-10-14
Target Schrader International
Sector Manufacturing
Buyer(s) Sensata Technologies
Sellers(s) Madison Dearborn Partners
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Schrader International

Englewood, Colorado, United States
website
Schrader is a manufacturer and only vertically integrated supplier of Tire Pressure Monitoring Systems (“TPMS”) and the leader in fluid control components for a diverse range of automotive and industrial end markets.

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Buyer(S) 1

Buyer

Sensata Technologies

Attleboro, Massachusetts, United States

website

Category Company
Founded 1916
Sector Electrical Equipment
Employees21,000
Revenue 3.8B USD (2021)
DESCRIPTION

Sensata Technologies is a provider of sensing, electrical protection, control, and power management solutions with operations and business centers in 11 countries. Sensata's products improve safety, efficiency, and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle, and marine applications. Sensata Technologies was founded in 1916 and is based in Attleboro, Massachusetts.

DEAL STATS #
Overall 6 of 16
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 5 of 14
State (Colorado) 1 of 1
Country (United States) 5 of 14
Year (2014) 3 of 3
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-04 CoActive Technologies

Hong Kong, China

CoActive Technologies, Inc. is a manufacturer of electromechanical switches, interface controls, keypads and dome arrays, for a variety of industries including industrial equipment, mobile communications, computer and automotive.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-30 Custom Sensors & Technologies - Sensing Portfolio

Moorpark, California, United States

Custom Sensors & Technologies, Inc. - Sensing Portfolio includes Kavlico, BEI, Crydom and Newall product lines and brands and includes sales, engineering and manufacturing sites in the United States, the United Kingdom, Germany, France, China and Mexico.

Buy $1.0B

Seller(S) 1

SELLER

Madison Dearborn Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1992
PE ASSETS 28.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.

DEAL STATS #
Overall 49 of 70
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 18 of 31
State (Colorado) 2 of 2
Country (United States) 45 of 62
Year (2014) 5 of 6
Size (of disclosed) 15 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 VWR International

Radnor, Pennsylvania, United States

VWR International LLC is a distributor of products, services and solutions to laboratory and production facilities. VWR enables science for customers in the pharmaceutical, biotechnology, industrial, education, government and healthcare industries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-19 First Wind Holdings

Boston, Massachusetts, United States

First Wind is an independent renewable energy company exclusively focused on the development, financing, construction, ownership and operation of utility-scale renewable energy projects in the United States. Based in Boston, First Wind is operating or building renewable energy projects in the Northeast, the West and Hawaii,with combined capacity of nearly 1,300 megawatts (MW) – enough to power more than 425,000 homes each year.

Sell $2.4B
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