M&A Deal Summary

Alto Ingredients Acquires Aventine Renewable Energy

On December 31, 2014, Alto Ingredients acquired renewable energy company Aventine Renewable Energy from Metalmark Capital

Acquisition Highlights
  • This is Alto Ingredients’ 1st transaction in the Renewable Energy sector.
  • This is Alto Ingredients’ 1st transaction in the United States.
  • This is Alto Ingredients’ 1st transaction in Texas.

M&A Deal Summary
Date 2014-12-31
Target Aventine Renewable Energy
Sector Renewable Energy
Buyer(s) Alto Ingredients
Sellers(s) Metalmark Capital
Deal Type Merger

Target

Aventine Renewable Energy

Dallas, Texas, United States
Aventine Renewable Energy is the second largest producer and marketer of ethanol in the United States. Aventine Renewable Energy was founded in 1995 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Alto Ingredients

Pekin, Illinois, United States
Category Company
Founded 2003
Sector Beverages
Employees460
Revenue 1.2B USD (2023)
DESCRIPTION

Alto Ingredients is a producer of specialty alcohols and essential ingredients. The company is focused on products for four key markets: Health, Home & Beauty; Food & Beverage; Essential Ingredients; and Renewable Fuels. The company’s customers include major food and beverage companies and consumer products companies. Alto Ingredients was founded in 2003 and is based in Pekin, Illinois.

DEAL STATS #
Overall 1 of 3
Sector (Renewable Energy) 1 of 1
Type (Merger) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 3
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-27 Illinois Corn Processing

Pekin, Illinois, United States

Illinois Corn Processing LLC is a producer of fuel-grade ethanol, beverage and industrial-grade alcohol, dry distillers grain (DDG) and corn oil. Illinois Corn Processing is based in Pekin, Illinois.

Buy $76M

Seller(S) 1

SELLER

Metalmark Capital

New York, New York, United States
Category Private Equity Firm
Founded 2004
PE ASSETS 8.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Metalmark Capital is an independent private equity group focused on large company transactions in a wide range of industries. Metalmark is a hands-on investment firm looking to build long-term value in its portfolio companies. Broad areas of interest include natural resources/energy, healthcare services, industrials, food, transportation, and financial services. Metalmark was established in 2004 by the former principals of Morgan Stanley Capital Partners to manage the Metalmark Capital and Morgan Stanley Capital Partners funds. Metalmark is based in New York City.

DEAL STATS #
Overall 30 of 40
Sector (Renewable Energy) 1 of 1
Type (Merger) 1 of 1
State (Texas) 6 of 9
Country (United States) 29 of 37
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-27 Regenity Biosciences

Paramus, New Jersey, United States

Regenity Biosciences is a developer and manufacturer of collagen-based medical products used for tissue and bone repair and regeneration. Collagen Matrix, Inc. develops proprietary products that are sold to OEM customers on either a contract or private label basis across orthopedic, sports medicine, dental, and neurosurgery end markets. Collagen Matrix, Inc. also offers partnership opportunities including distribution, contract product development, and contract manufacturing services. Regenity Biosciences was founded in 1997 and is based in Paramus, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-19 Ni America

Houston, Texas, United States

Ni America was founded to acquire, own, and operate water and wastewater systems in high growth areas of the United States. Ni America is based in Houston, Texas.

Sell -
Mergr

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