M&A Deal Summary

American Industrial Partners Acquires Optimas

On June 2, 2015, private equity firm American Industrial Partners acquired manufacturer Optimas from Anixter International

Acquisition Highlights
  • This is American Industrial Partners’ 3rd transaction in the Manufacturing sector.
  • This is American Industrial Partners’ 24th transaction in the United States.
  • This is American Industrial Partners’ 1st transaction in Illinois.

M&A Deal Summary

Date 2015-06-02
Target Optimas
Sector Manufacturing
Buyer(s) American Industrial Partners
Sellers(s) Anixter International
Deal Type Divestiture

Target

Optimas

Glenview, Illinois, United States
Optimas is a provider of integrated supply chain solutions and engineering support which supplies highly engineered fasteners and C-Class components (high volume, low cost parts including small stampings, hydraulic fittings and hoses, machine parts and consumables) to customers in the North American commercial vehicle market, the global luxury automotive vehicle market, the global power generation equipment market, the global agricultural equipment market and the general industrial markets.

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Buyer(S) 1

Buyer

American Industrial Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

American Industrial Partners is a private equity firm focused on investments in North American manufacturing or industrial service companies. For platform acquisitions, the Firm seeks businesses with at least $500 million of revenue and the Firm will consider transactions valued up to $2 billion. Operating characteristics of prospective businesses include historical record of strong free cash flows, opportunities to drive value through operating enhancements, and sustainable competitive advantages. American Industrial Partners will consider a variety of transaction types including leveraged buyouts, structured equity investments, bridge financings, senior debt, carve-outs, take privates, turnarounds, and rescue financings. American Industrial Partners was formed in 1989 and is based in New York City.


DEAL STATS #
Overall 26 of 53
Sector (Manufacturing) 3 of 5
Type (Divestiture) 6 of 19
State (Illinois) 1 of 1
Country (United States) 24 of 46
Year (2015) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Contiweb

Boxmeer, Netherlands

Contiweb is a manufacturer of auxiliary equipment for offset printing for global markets as well as aftermarket sales and service provider for over 3,000 of its machines installed across a global customer base of commercial printers. Contiweb was founded in 1978 and is based in Boxmeer, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-21 manroland Goss

Augsburg, Germany

manroland Goss is a global manufacturer of web offset printing presses and finishing systems for newspaper, magazine, packaging, catalog, and other commercial applications. Additionally, with a ~€25 billion installed equipment base, the business generates significant revenue from its aftermarket parts, service and enhancements division.

Buy -

Seller(S) 1

SELLER

Anixter International

Glenview, Illinois, United States

Category Company
Founded 1957
Sector Distribution
Employees9,300
Revenue 8.4B USD (2018)
DESCRIPTION
Entrance to Anixter's corporate headquarters in Glenview, Illinois.
Entrance to Anixter's corporate headquarters in Glenview, Illinois.

Anixter International, Inc. is a distributor of Network & Security Solutions, Electrical & Electronic Solutions, and Utility Power Solutions. From enterprise networks to industrial MRO supply to video surveillance applications to electric power distribution, Anixter offers full-line solutions, and intelligence, that create reliable, resilient systems that sustain businesses and communities. Anixter International, Inc. was formed in 1957 and is based in Glenview, Illinois.


DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-11 Tri-Ed Distribution

Woodbury, New York, United States

Tri-Ed is an independent distributor of security and low-voltage technology product. Tri-Ed serves four major segments of the security business including video, access control, intrusion detection and fire/life safety, and provides approximately 110,000 products to over 20,000 active dealer and integrator customers. The company employs over 600 people across 63 locations in the US and Canada.

Buy $420M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-15 HD Supply - Power Solutions Segment

United States

HD Supply - Power Solutions Segment distributes over 200,000 utility, electrical and industrial MRO products to approximately 13,000 customers including investor-owned utilities, public power utilities, electrical contractors and industrial businesses.

Buy $825M