M&A Deal Summary

AEA Investors and NB Private Equity Partners Acquire Monroe Engineering

On December 1, 2021, private equity firm AEA Investors and asset manager NB Private Equity Partners acquired distribution company Monroe Engineering

Acquisition Highlights
  • This is AEA Investors’ 19th and NB Private Equity Partners’ 1st transaction in the Distribution sector.
  • This is AEA Investors’ 93rd and NB Private Equity Partners’ 23rd transaction in the United States.
  • This is AEA Investors’ 3rd and NB Private Equity Partners’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2021-12-01
Target Monroe Engineering
Sector Distribution
Buyer(s) AEA Investors
NB Private Equity Partners
Deal Type Secondary Buyout

Target

Monroe Engineering

Rochester Hills, Michigan, United States
Monroe Engineering is a distributor of a broad portfolio of custom and standard hardware and component products for original equipment manufacturers, as well as maintenance, repair and operations applications. Monroe Engineering serves customers across a wide range of end markets including aerospace, defense, medical, transportation, consumer goods, building products, and other diversified industrial markets. Monroe Engineering was founded in 1968 and is based in Rochester Hills, Michigan.

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Buyer(S) 2

Buyer

AEA Investors

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 19.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

AEA Investors is a private investment firm focused on investing in and acquiring businesses headquartered primarily in the US, Europe, and China. AEA looks for companies operating in stable to growing industries with a proven ability to generate positive cash-flow. Broad sectors of interest include value-added industrial products/services, specialty chemicals, consumer products, and services. In addition to its primary middle-market private equity fund, AEA maintains additional funds targeted towards mezzanine financing, senior secured debt, and small business buyouts. AEA Investors was formed in 1968 and is based in New York City.


DEAL STATS #
Overall 106 of 121
Sector: Distribution M&A 19 of 19
Type: Secondary Buyout M&A Deals 48 of 57
State: Michigan M&A 3 of 3
Country: United States M&A 93 of 106
Year: 2021 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-18 Hero Digital

Chicago, Illinois, United States

Hero Digital is an independent customer experience company operating at the intersection of strategy, design, data, and technology, solving the critical digital transformation needs of the Fortune 1000. The company's purpose is to bring moments of Truth & Beauty into people's lives by creating customer experiences that are good for people and good for business. Its blended teams help Fortune 1000 companies like Comcast, U.S. Bank, Salesforce, Twitter, UnitedHealthcare, and TD Ameritrade Institutional invent, transform, and perform to deliver new business value. Hero Digital was formed in 2014 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-14 Redwood Logistics

Chicago, Illinois, United States

Redwood Logistics is a logistics platform company that provides solutions for moving and managing freight for more than 20 years. The company’s diverse portfolio includes digital freight brokerage, flexible freight management, and logistics consulting all wrapped into a revolutionary logistics and technology delivery model—Logistics Platform as a Service (LPaaS). LPaaS utilizes an open platform for digital planning that empowers shippers to seamlessly mix-and-match partners, technologies and solutions into their own unique digital supply chain fingerprint. Redwood connects a wide range of customers to the power of supply chain management, technology and the industry’s brightest minds. Redwood Logistics was formed in 2001 and is based in Chicago, Illinois.

Buy -
DESCRIPTION

NB Private Equity Partners is a publicly traded asset manager focused on acquiring direct investments in privately held companies. The Firm principally targets businesses in the US and looks to invest alongside other private equity managers when considering opportunities. NB Private Equity Partners is headquartered in the UK, with an additional office in the US.


DEAL STATS #
Overall 37 of 39
Sector: Distribution M&A 1 of 1
Type: Secondary Buyout M&A Deals 19 of 20
State: Michigan M&A 2 of 2
Country: United States M&A 23 of 24
Year: 2021 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-08 InteLogix

Houston, Texas, United States

InteLogix is a provider of accounts receivable management (“ARM”) and business process outsourcing (“BPO”) solutions. InteLogix was founded in 1957 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 Addison Group

Chicago, Illinois, United States

Addison Group delivers the expertise and talent that companies need to achieve and sustain business growth, offering a full suite of consulting services and talent solution capabilities across multiple sectors, including information technology, finance and accounting, healthcare, human resources, administrative, and digital marketing. Addison Group was formed in 1999 and is based in Chicago, Illinois.

Buy -