M&A Deal Summary

Alvest Acquires Sage Parts Plus

On August 28, 2008, Alvest acquired distribution company Sage Parts Plus from Main Street Resources

Acquisition Highlights
  • This is Alvest’s 1st transaction in the Distribution sector.
  • This is Alvest’s 1st transaction in the United States.
  • This is Alvest’s 1st transaction in New York.

M&A Deal Summary

Date 2008-08-28
Target Sage Parts Plus
Sector Distribution
Buyer(s) Alvest
Sellers(s) Main Street Resources
Deal Type Add-on Acquisition

Target

Sage Parts Plus

Farmingdale, New York, United States
Sage Parts is a supplier of replacement parts for aircraft ground support equipment such as de-icers, cargo loaders, tow tractors, baggage systems, and passenger boarding bridges. Sage supplies airlines, freight carriers, and ground handling companies through 15 parts distribution centers in or around most major airports in the United States.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Alvest

Paris, France

Category Company
Sector Aerospace
Employees1,800
Revenue 350M EUR (2014)
DESCRIPTION

Alvest is a group dedicated to the design, manufacture, and distribution of technical products for the aviation industry, which include aviation ground support equipment, spare parts and services, and technical adhesives and markings for the aerospace and industrial markets. Alvest is based in Paris, France.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1

Seller(S) 1

SELLER

Main Street Resources

Westport, Connecticut, United States

Investor


Category Private Equity Firm
Founded 1998
Size Small
Type Sector Agnostic
DESCRIPTION

Main Street Resources is a private equity firm that targets controlling or minority investments in middle-market businesses located in the Northeast US. Main Street typically invests $2 to $10 million in companies with $10 to $75 million of revenue. Prospective transaction situations include privatizations, management buy-outs, the funding of growth capital and add-on acquisitions, and buyouts of passive or unproductive shareholders. Main Sreet will not invest in startups, technology companies or turnarounds. Main Street Resources was formed in 1998 and is based in Westport, Connecticut.


DEAL STATS #
Overall 4 of 8
Sector (Distribution) 2 of 2
Type (Add-on Acquisition) 1 of 3
State (New York) 1 of 1
Country (United States) 3 of 7
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-01 The Roberts Company

Winterville, North Carolina, United States

The Roberts Company, Inc. is an industrial construction, fabricator, and plant maintenance contractor. TRC's field services division specializes in providing plant maintenance, plant retrofits and expansion services largely in the Mid-Atlantic region, while its fabrication division manufactures ASME code pressure vessels, heat exchangers, reactors, columns, conveyors, skids/ducts/piping, high purity equipment and storage tanks for customers in the United States and abroad.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-28 Protective Armored Systems

Lenoxdale, Massachusetts, United States

Protective Armored Systems, Inc. is a specialty fabricator of ballistics glass for the government and private sectors. PAS is an expert in glass and polymer lamination, specializing in customized bullet-resistant and security glazing fabrication. Customers include government, law enforcement, architects, businesses, and private individuals. Protective Armored Systems was founded in 1993 and is based in Lexonade, Massachusetts.

Buy -