M&A Deal Summary |
|
|---|---|
| Date | 2007-07-01 |
| Target | Ecovyst |
| Sector | Chemicals |
| Buyer(s) | The Carlyle Group |
| Sellers(s) |
CCMP Capital
Arrowhead Investment Management |
| Deal Type | Secondary Buyout |
| Deal Value | 1.5B USD |
| Advisor(s) | Lehman Brothers, Inc. J.P. Morgan Securities Credit Suisse Investment Banking Jefferies (Financial) Latham & Watkins (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 376.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 288 of 695 |
| Sector (Chemicals) | 4 of 13 |
| Type (Secondary Buyout) | 24 of 125 |
| State (Pennsylvania) | 5 of 13 |
| Country (United States) | 170 of 336 |
| Year (2007) | 27 of 52 |
| Size (of disclosed) | 44 of 133 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-01 |
Veyance Technologies
Fairlawn, Ohio, United States Veyance Technologies, Inc. manufactures and sells Goodyear Engineered Products-branded industrial power transmission products; heavy-duty and lightweight conveyor belts; hydraulics; rubber track; and automotive and heavy-duty truck belts, hose, tensioners and air springs. |
Buy | $1.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-04 |
ARINC
Annapolis, Maryland, United States ARINC, Inc. provides communications, engineering and integration solutions for commercial and government customers worldwide. |
Buy | $650M |
| 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 | 34 of 78 |
| Sector (Chemicals) | 3 of 6 |
| Type (Secondary Buyout) | 8 of 23 |
| State (Pennsylvania) | 2 of 6 |
| Country (United States) | 30 of 61 |
| Year (2007) | 5 of 9 |
| Size (of disclosed) | 11 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-03 |
Klockner Pentaplast
Heiligenroth, Germany Klockner Pentaplast is a producer of films for pharmaceutical, medical device, food, electronics, and general-purpose thermoform packaging, as well as printing and specialty applications. Klockner Pentaplast was founded in 1965 and is based in Heiligenroth, Germany. |
Sell | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-23 |
Siteco
Stockport, United Kingdom Siteco is a marketing leading European lighting fixtures group providing technical indoor and outdoor lighting solutions in the premium and medium product segments. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1996 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Arrowhead Investment Management is a provider of subordinated debt, preferred stock and non-control common equity to mid-sized businesses. Arrowhead invests alongside private equity sponsors in acquisitions, buyouts, recapitalizations and growth capital transactions. Arrowhead is a generalist investor, however the Firm tends to focus on healthcare, packaging, chemicals, consumer products, industrial manufacturing, value-added distribution and business services. Arrowhead looks to commit $10 to $100 million in transactions valued up to $500 million. Arrowhead Investment Management was formed in 1996 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 24 |
| Sector (Chemicals) | 1 of 2 |
| Type (Secondary Buyout) | 6 of 14 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 12 of 24 |
| Year (2007) | 2 of 2 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-25 |
Edwin Watts Golf Shops
Fort Walton Beach, Florida, United States Edwin Watts Golf Shops, LLC is a retailer of golf equipment, apparel and accessories. Founded in 1968, Edwin Watts markets its products through 59 company-owned stores located primarily in the Southeastern U.S. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-14 |
Kurt Versen
Westwood, New Jersey, United States Kurt Versen Co. is a designer and manufacturer of high end specification-oriented, recessed downlighting for commercial applications. |
Sell | $100M |
