M&A Deal Summary |
|
|---|---|
| Date | 1999-06-24 |
| Target | Energy Manufacturing Co. |
| Sector | Machinery |
| Buyer(s) | Textron |
| Sellers(s) |
Lincolnshire Management
Hanover Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Diversified |
| Employees | 34,000 |
| Revenue | 13.7B USD (2024) |
Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron was founded in 1923 and is based in Providence, Rhode Island.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 48 |
| Sector: Machinery M&A | 6 of 11 |
| Type: Add-on Acquisition M&A Deals | 19 of 39 |
| State: Iowa M&A | 2 of 2 |
| Country: United States M&A | 12 of 30 |
| Year: 1999 M&A | 4 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-06-24 |
Energy Mfg. Co.
Monticello, Iowa, United States Energy Mfg. Co. Inc. is a manufacturer of welded hydraulic cylinders, valves, pumps and reservoirs for the agriculture, construction, waste handling and truck equipment industries, and other industries utilizing hoist and material handling technology. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-07-01 |
ALSTOM Gears
United Kingdom ALSTOM Gears manufactures and sells a range of gears and gearboxes, including high-speed epicyclic and parallel shaft gearboxes, for the industrial, rail and marine industries. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 1.9B USD |
| Size | Large |
| Type | Sector Agnostic |
Lincolnshire Management, Inc. (LMI) is a private equity firm focused on acquiring small and mid-sized companies in partnership with management. LMI typically targets companies with the majority of business conducted within the US. Prospective companies also have cash-flows of $5 to $50 million and significant opportunities for growth, either internally or through acquisitions. Target transaction situations include corporate divestitures, selling shareholders, and owners desiring liquidity. Lincolnshire Management was formed in 1986 and has office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 24 |
| Sector: Machinery M&A | 2 of 4 |
| Type: Add-on Acquisition M&A Deals | 2 of 9 |
| State: Iowa M&A | 2 of 2 |
| Country: United States M&A | 2 of 23 |
| Year: 1999 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-11 |
Williams Machine & Tool
Monticello, Iowa, United States Williams Machine & Tool is a manufacturer of high-pressure hydraulic piston powered pumps, valves and reservoirs for the agricultural and small truck market. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-04-04 |
Imperial Products
Richmond, Indiana, United States Imperial Products LLC is a manufacturer of high quality exterior door components and systems for the residential home building market. The Company's products included adjustable and fixed thresholds, fully assembled astragals, patio door systems, and assorted components including weather-stripping and seals. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| Size | Small |
| Type | Sector Agnostic |
Hanover Partners is a private investment firm that targets middle-market companies with enterprise value between $10 and $60 million and EBIT of at least $2 million. Hanover prefers manufacturing or service based businesses located in the United States that serve business customers. Avoided industries include retail, construction, consulting, job-shops, and distributors not adding specific value. Hanover Partners was formed in 1994 and is based in San Francisco, California with an additional office in Oswego, Oregon.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 14 |
| Sector: Machinery M&A | 2 of 6 |
| Type: Add-on Acquisition M&A Deals | 2 of 10 |
| State: Iowa M&A | 2 of 2 |
| Country: United States M&A | 2 of 14 |
| Year: 1999 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-11 |
Williams Machine & Tool
Monticello, Iowa, United States Williams Machine & Tool is a manufacturer of high-pressure hydraulic piston powered pumps, valves and reservoirs for the agricultural and small truck market. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-12-10 |
Rugby Manufacturing Co.
Rugby, North Dakota, United States Rugby Manufacturing, headquartered in North Dakota, produces an array of truck equipment, including scissor hoists, dump bodies, truck platforms, and landscape bodies. |
Buy | - |
