M&A Deal Summary

Aalberts Acquires Conbraco Industries

On June 2, 2010, Aalberts acquired manufacturer Conbraco Industries from Monroe Capital

Acquisition Highlights
  • This is Aalberts’ 7th transaction in the Manufacturing sector.
  • This is Aalberts’ 4th transaction in the United States.
  • This is Aalberts’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2010-06-02
Target Conbraco Industries
Sector Manufacturing
Buyer(s) Aalberts
Sellers(s) Monroe Capital
Deal Type Add-on Acquisition

Target

Conbraco Industries

Matthews, North Carolina, United States
Conbraco Industries, Inc. is a manufacturer of a complete package of bronze, brass, steel and stainless steel valves and a range of backflow preventers sold mainly in the commercial, industrial and consumer market (retail) under the strong brand name “APOLLO®“ Valves.

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Buyer(S) 1

Buyer

Aalberts

Utrecht, Netherlands

Category Company
Founded 1975
Sector Machinery
Employees14,055
Revenue 3.3B EUR (2023)
DESCRIPTION

Aalberts is a global producer of industrial technology, products, and services. Aalberts does business in four segments, including building installations, climate control, material technology, and industrial services. Aalberts was founded in 1975 and is based in Utrecht, the Netherlands.


DEAL STATS #
Overall 16 of 36
Sector (Manufacturing) 7 of 10
Type (Add-on Acquisition) 15 of 34
State (North Carolina) 1 of 1
Country (United States) 4 of 10
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-09 Henco Industries N.V.

Herentals, Belgium

Henco Industries N.V. is a manufacture of valves, manifolds, cabinets and various building products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-24 Lamers High Tech Systems B.V.

Nijmegen, Netherlands

Lamers High Tech Systems B.V. is active in the development, engineering, manufacturing, assembling, testing and qualification of systems for control and distribution of high purity gases and chemicals.

Buy -

Seller(S) 1

SELLER

Monroe Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Lender
Founded 2004
PE ASSETS 14.1B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Monroe Capital is a provider of senior and junior debt and equity co-investments to middle-market companies in the US and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is a generalist investor and will consider companies in the healthcare, technology, media, retail, consumer sectors. Monroe Capital was formed in 2004 and is based in Chicago, Illinois.


DEAL STATS #
Overall 4 of 53
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 3 of 27
State (North Carolina) 1 of 3
Country (United States) 4 of 53
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-15 LAI International

Westminster, Maryland, United States

LAI International, Inc. is a contract manufacturer to make complete precision-engineered components and assemblies for the aerospace, power generation, defense, medical and other advanced technology industries. LAI International was established in 1979 and is based in Westminster, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 InfrastruX Group

Seattle, Washington, United States

InfrastruX Group LLC is a provider of end-to-end infrastructure construction services, primarily for the electric and natural gas utility end-markets.

Sell $360M