M&A Deal Summary |
|
|---|---|
| Date | 2018-01-09 |
| Target | FCX Performance |
| Sector | Machinery |
| Buyer(s) | Applied Industrial Technologies |
| Sellers(s) |
Harvest Partners
Oaktree Capital Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 768M USD |
| Advisor(s) | Baird Stephens (Financial) White & Case (Legal) |
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| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Distribution |
| Employees | 6,916 |
| Revenue | 4.5B USD (2024) |
Applied Industrial Technologies is an industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. Applied Industrial Technologies was founded in 1923 and is based in Cleveland, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 42 |
| Sector: Machinery M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 31 of 41 |
| State: Ohio M&A | 6 of 7 |
| Country: United States M&A | 22 of 31 |
| Year: 2018 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-06 |
Sentinel Fluid Controls
Indianapolis, Indiana, United States Sentinel Fluid Controls is a distributor of hydraulic and lubrication components, systems and solutions |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-14 |
Olympus Controls
Tualatin, Oregon, United States Olympus Controls Corp. is an engineering services company that specializes in the integration of motion control, machine vision, and robotic technologies. Olympus Controls is based in Tualatin, Oregon. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Harvest Partners is a Investment firm provides Private Equity and Structured Capital focused on buyout, growth capital, minority position, and non-control investments in middle-market public and private companies. Harvest Partners looks to invest in profitable ($30 to $300 million of EBITDA). Sectors of interest include business services, consumer services, healthcare, industrial services, manufacturing, marketing, building products and distribution companies valued between $100 and $1000 million. The Firm prefers opportunities headquartered in North America. Harvest Partners was formed in 1981 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 36 |
| Sector: Machinery M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 7 |
| State: Ohio M&A | 3 of 4 |
| Country: United States M&A | 20 of 32 |
| Year: 2018 M&A | 2 of 2 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-01 |
Continuum Energy Services
Houston, Texas, United States Continuum Energy Services LLC is a diversified natural gas service provider with operations spanning the natural gas value chain throughout the Mid-continent and into Appalachia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-04 |
Fortra
Eden Prairie, Minnesota, United States Fortra provides security, systems and network management, automation, business intelligence and compliance solutions. The Company’s software and services monitor and automate processes, encrypt and secure data, and provide access to the information that large organizations need every day. Fortra was founded in 1982 and is based in Eden Prairie, Minnesota. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1995 |
| PE ASSETS | 26.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 90 |
| Sector: Machinery M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 26 of 39 |
| State: Ohio M&A | 3 of 3 |
| Country: United States M&A | 40 of 59 |
| Year: 2018 M&A | 1 of 10 |
| Size (of disclosed) | 4 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-04 |
NAPEC
Drummondville, Quebec, Canada NAPEC is a company operating in the energy sector. NAPEC is a provider of construction and maintenance services to the public utility and heavy industrial markets and the eastern United States. NAPEC and its subsidiaries build and maintain electrical transmission and distribution systems and natural gas networks. The Company also installs gas-powered and electric-powered heavy equipment for utilities, gas-fired industrial power plants, petrochemical facilities, and solar panel farms in North America. NAPECalso offers environmental construction and road matting services. NAPEC is based in Drummondville, Quebec. |
Buy | $320M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-11 |
Axilone
Paris, France Axilone is a manufacturer of plastic components for the make-up, fragrance and skincare markets: caps, jars, dispensing caps, galvanized and metallized collars and jars with strong added value through surface treatment. Axilone was founded in 1998 and is based in Paris, France. |
Sell | - |
