M&A Deal Summary

Aalberts Acquires Premier Thermal Solutions

On July 16, 2021, Aalberts acquired machinery company Premier Thermal Solutions from Z Capital Group

Acquisition Highlights
  • This is Aalberts’ 9th transaction in the Machinery sector.
  • This is Aalberts’ 10th transaction in the United States.
  • This is Aalberts’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2021-07-16
Target Premier Thermal Solutions
Sector Machinery
Buyer(s) Aalberts
Sellers(s) Z Capital Group
Deal Type Add-on Acquisition

Target

Premier Thermal Solutions

Lansing, Michigan, United States
Premier Thermal Solutions is a provider of metal treatment solutions. Premier Thermal Solutions is based in Lansing, Michigan.

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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 34 of 36
Sector (Machinery) 9 of 11
Type (Add-on Acquisition) 32 of 34
State (Michigan) 2 of 2
Country (United States) 10 of 10
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-06 Lasco Fittings

Brownsville, Tennessee, United States

Lasco Fittings is a specializes in the production and sale of injection molded fittings for Irrigation, Plumbing, Industrial, Pool/Spa and Retail markets. Lasco Fittings was founded in 1999 and is based in Brownsville, Tennessee.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-14 Standard Hidraulica

Barcelona, Spain

Standard Hidraulica is a manufacturer of advanced plumbing, heating and gas systems, and sanitary faucets. STH has become a reference partner in the water and gas connection and control, kitchen and bathroom taps in both residential and non-residential areas, and civil works such as water and gas distribution networks. Standard Hidraulica was founded in 1975 and is based in Barcelona, Spain.

Sell -

Seller(S) 1

SELLER

Z Capital Group

Investor Investor


Category Asset Manager
Founded 2006
PE ASSETS 2.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Z Capital Group is an alternative asset management firm that manages both opportunistic, value-oriented private equity and credit funds. The Firm's private equity group pursues control investments in companies that involve turnarounds, corporate carve-outs, growth platforms, go-private transactions, and restructurings. The Firm's credit group invests across a range of credit including leveraged loans, private debt, and opportunistic credit. Z Capital Group was formed in 2006 and has offices in New York City and Chicago.


DEAL STATS #
Overall 2 of 2
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Michigan) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-14 Techniks

Indianapolis, Indiana, United States

Techniks is a provider of aftermarket CNC tool holders, cutting tools, and work holding solutions. TTG leverages world-class domestic manufacturing capabilities, two well-regarded brands, a global high-value supply chain, R&D technologies, and a history of innovation to service an extensive network of metalworking and industrial distributors, machine OEMs and cutting tool, manufacturers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-06 Unimed

Staten Island, New York, United States

Unimed provides a wide range of mission-critical medical and clinical supplies, including oxygen, surgery equipment, vaccines, and pharmaceutical products, in addition to services such as oversight of procurement and replenishment, compliance audit and advisory, and clinical facilities management. Unimed was formed in 1976 and is based in Staten Island, New York.

Buy -