M&A Deal Summary |
|
|---|---|
| Date | 2004-07-29 |
| Target | Mervyn s |
| Sector | Retail |
| Buyer(s) |
Sun Capital Partners
Cerberus Capital Management |
| Sellers(s) | Target |
| Deal Type | Divestiture |
| Deal Value | 1.7B USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 167 |
| Sector (Retail) | 3 of 29 |
| Type (Divestiture) | 4 of 25 |
| State (California) | 2 of 16 |
| Country (United States) | 15 of 116 |
| Year (2004) | 4 of 5 |
| Size (of disclosed) | 1 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-07-08 |
Life Uniform
St. Louis, Missouri, United States Life Uniform is the leading retailer of specialty healthcare apparel in the United States and one of the only national multi-channel retailer in the medical apparel industry with products being sold through 195 stores, catalogs, e-commerce, and sales events held at major hospitals and medical facilities. Products include medical scrubs, lab coats, pants, shoes, and accessories such as stethoscopes, bags, and badge holder. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-01 |
DuraFiber Technologies
Huntersville, North Carolina, United States DuraFiber Technologies, Inc. is a producer of polyester fibers and fabrics for industrial and tire reinforcement applications. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 84 |
| Sector (Retail) | 1 of 7 |
| Type (Divestiture) | 2 of 13 |
| State (California) | 1 of 5 |
| Country (United States) | 5 of 60 |
| Year (2004) | 6 of 7 |
| Size (of disclosed) | 3 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-05-07 |
BlueLinx
Marietta, Georgia, United States BlueLinx is a distributor of building products. The Company distributes products in two principal categories: structural products and specialty products. Structural products include plywood, oriented strand board, rebar and remesh, lumber and other wood products primarily used for structural support, walls, and flooring in construction projects. Specialty products include roofing, insulation, specialty panels, moulding, engineered wood products, vinyl products (used primarily in siding), outdoor living, particle board, and metal products. BlueLinx was founded in 2004 and is based in Marietta, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-08-30 |
LNR Property
Miami Beach, Florida, United States LNR Property finances, develops, acquires and manages commercial and residential real estate and invests in real estate-related securities. |
Buy | - |
Target is a general merchandise retailer serving the US market. The Target brand opened its first store in 1962 and currently operates more than 1,800 stores. Target was formerly known as Dayton Hudson Corp. which was originally founded in 1902. Target is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector (Retail) | 3 of 4 |
| Type (Divestiture) | 3 of 5 |
| State (California) | 1 of 1 |
| Country (United States) | 3 of 5 |
| Year (2004) | 2 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-06-10 |
Marshall Field
Minneapolis, Minnesota, United States Marshall Field & Co. a high-end department store chain. |
Sell | $3.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-01-08 |
Smith & Hawken
Novato, California, United States Smith & Hawken Ltd. is a brand of garden-inspired products that includes pottery, watering equipment, gardening tools, outdoor furniture and live goods. |
Buy | - |
