M&A Deal Summary

3M Acquires AccuSpray

On February 1, 2007, 3M acquired machinery company AccuSpray from MCM Capital Partners

Acquisition Highlights
  • This is 3M’s 1st transaction in the Machinery sector.
  • This is 3M’s 17th transaction in the United States.
  • This is 3M’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2007-02-01
Target AccuSpray
Sector Machinery
Buyer(s) 3M
Sellers(s) MCM Capital Partners
Deal Type Add-on Acquisition

Target

AccuSpray

Solon, Ohio, United States
AccuSpray manufactures proprietary high volume low pressure (HVLP), airless and electrostatic industrial finishing equipment. Its products are used by many of the world's leading automobile manufacturers and are sold to many different industries.

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Buyer(S) 1

Buyer

3M

St. Paul, Minnesota, United States

Category Company
Founded 1902
Sector Diversified
Employees92,000
Revenue 24.6B USD (2024)
DESCRIPTION
Entrance to 3M's corporate campus in St. Paul, Minnesota.
Entrance to 3M's corporate campus in St. Paul, Minnesota.

3M is a diversified manufacturing and technology company that produces a variety of adhesives, abrasives, safety products, chemicals, and other goods for consumers and businesses. 3M was incorporated in 1902 and is based in St. Paul, Minnesota.


DEAL STATS #
Overall 22 of 81
Sector: Machinery M&A 1 of 2
Type: Add-on Acquisition M&A Deals 20 of 70
State: Ohio M&A 2 of 3
Country: United States M&A 17 of 51
Year: 2007 M&A 2 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 Rite-Lok

United States

Rite-Lok is a brand of adhesives and includes anaerobic threadlockers, retaining compounds, gasket makers, thread sealants, structural adhesives, and specialty cyanoacrylate instant adhesives for industrial use such as metal bonding, plastics and rubber. The product line also includes high-temperature, low-odor industrial adhesives, and rubber-toughened flexible adhesives.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-09 PolyMask

Conover, North Carolina, United States

PolyMask Corp. is a joint venture between 3M and Sealed Air that produces protective films. PolyMask protective films feature water-based acrylic adhesives, designed specifically for temporary surface protection of carpets, metals, glass, plastic and wood to guard against scratching, marring, chipping, abrasion and UV during production, packaging, shipping and installation.

Buy -

Seller(S) 1

SELLER

MCM Capital Partners

Beachwood, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

MCM Capital Partners is Midwest based private equity firm focused on acquiring niche manufacturers, value added distributors and service companies. Specific areas of interest include specialty chemicals, medical component products, home accessories, engineered materials, packaging, specialty distribution, building products, transportation, and high performance composites. Prospective companies generally have revenues of $8 to $50 million and are valued up to $50 million. Typical transactions include recapitalizations, management buyouts, and divestitures. MCM Capital Partners was formed in 1992 and is based in Beachwood, Ohio.


DEAL STATS #
Overall 6 of 17
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 4
State: Ohio M&A 4 of 9
Country: United States M&A 6 of 16
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-27 Dexmet

Wallingford, Connecticut, United States

Dexmet Corp. is a provider of customized, highly-engineered expanded metal foils and polymers for mission-critical applications including lightning strike protection, power storage technology and structural technology. Dexmet Corp. was founded in 1942 and is based in Wallingford, Connecticut.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-10 Cole Information

Omaha, Nebraska, United States

Cole Information is a provider of technology enabled solutions through various online platforms. Their products provide hyperlocal sales leads, marketing and customer acquisition solutions for small and medium sized businesses in multiple industry verticals, including insurance, real estate, auto, home services, government and public policy. Cole Information was founded in 1947 and is based in Omaha, Nebraska.

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