M&A Deal Summary

Ardian Acquires Revere Plastics Systems

On November 20, 2017, private equity firm Ardian acquired plastics company Revere Plastics Systems from Revere Industries

Acquisition Highlights
  • This is Ardian’s 2nd transaction in the Plastics sector.
  • This is Ardian’s 39th transaction in the United States.
  • This is Ardian’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2017-11-20
Target Revere Plastics Systems
Sector Plastics
Buyer(s) Ardian
Sellers(s) Revere Industries
Deal Type Divestiture

Target

Revere Plastics Systems

Novi, Michigan, United States
Revere Plastics Systems is a manufacturer of plastic injection molding, insert and multi-shot molding, IML/IMD decorating, laser etching, assembly, numerous types of welding, inspection, and leak testing. Revere Plastics Systems partners with clients in the appliance, automotive, outdoor power equipment, medical, and consumer goods industries. Revere Plastics Systems was founded in 2005 and is based in Novi, Michigan.

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Buyer(S) 1

Buyer

Ardian

Paris, France

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1996
PE ASSETS 125.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €150 million per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.

DEAL STATS #
Overall 303 of 418
Sector (Plastics) 2 of 2
Type (Divestiture) 23 of 30
State (Michigan) 2 of 2
Country (United States) 39 of 59
Year (2017) 19 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-14 Trescal

Rungis, France

Trescal provides a broad range of services for the test and measuring equipment market. Supplementing the standard technical services (verification, calibration and repair of T&M instruments), Trescal provides expertise in the implementation and acquisition of measurement systems, customized equipment pool management software solutions, metrology, technical support, and training. Trescal services customers in various sectors such as Defence, Aerospace, Aeronautics, Automotive, Power Generation & Utilities, Electronics Manufacturing, Communications and Medical & Chemistry. Trescal was founded in 2007 and is based in Rungis, France.

Sell €670M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-21 CCC

Vienna, Austria

CCC provides customers with care and BPO solutions with 18 locations in eight countries. The company draws on 19 years of experience in handling incoming calls, outgoing campaigns, written customer communication via e-mail, chat, and social media, as well as back-office activities. CCC was founded in 1998 and is based in Vienna, Austria.

Buy -

Seller(S) 1

SELLER

Revere Industries

Clyde, Ohio, United States
Category Company
Sector Manufacturing
DESCRIPTION

Revere Industries LLC is a manufacturer of custom-engineered plastic and metal components.

DEAL STATS #
Overall 1 of 1
Sector (Plastics) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-21 Ross Aluminum Castings

Sidney, Ohio, United States

Ross Aluminum is a specialty components manufacturer specializing in close tolerance, thin-wall castings including investment castings for most major industry groups like fluid power, aerospace, specialty automotive, diesel engine, and consumer products. Value-added secondary operations include machining, finishing and logistics management.

Buy -
Mergr

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