M&A Deal Summary |
|
|---|---|
| Date | 2020-03-03 |
| Target | Midwest Can |
| Sector | Plastics |
| Buyer(s) |
Argand Partners
Farol Asset Management |
| Sellers(s) | GenNx360 Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Piper Sandler & Co. (Financial) Winston & Strawn (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2015 |
| PE ASSETS | 685M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Argand Partners is a value-oriented private equity firm focused on acquiring controlling interests in middle-market industrial businesses that have established market leadership positions and track records of stable cash flows. Argand typically pursues complex situations involving corporate carve-outs of non-core divisions, industries that are out of favor or in transition, middle-market companies grappling with the opportunities and difficulties of global operations, good companies with overleveraged balance sheets, and family-owned businesses transitioning to professional management. Target companies generally have $15 to $50 million of EBITDA. Argand Partners was founded in 2015 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 7 |
| Sector: Plastics M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 3 of 4 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 3 of 4 |
| Year: 2020 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-06 |
Concrete Pumping Holdings
Thornton, Colorado, United States Concrete Pumping Holdings is a concrete pumping service and concrete environmental waste management solutions provider in the U.S. and U.K. Concrete Pumping Holdings is also a provider of concrete waste management services in the U.S. market, operating under the brand, Eco-Pan. Concrete Pumping Holdings was incorporated in 1983 and is based in Thornton, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-26 |
Cherry
Auerbach, Germany Cherry is a manufacturer of computer input devices with a focus on office, gaming, industry, security, e-health solutions, and switches for mechanical keyboards. Cherry was founded in 1953 and is based in Auerbach, Germany. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Farol Asset Management is a private equity firm that looks to match institutional investors with direct investment opportunities. The Firm seeks to commit $5 to $30 million per transaction to support a variety of transaction situations and typically works with opportunities brought to it by private equity firms, fund-less sponsors, entrepreneurs and operating executives. Farol Asset Management was formed in 2011 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 23 |
| Sector: Plastics M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 3 of 4 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 15 of 21 |
| Year: 2020 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-21 |
Innophos
Cranbury, New Jersey, United States Innophos is an international producer of performance-critical and nutritional specialty ingredients, with applications in food, beverage, dietary supplements, pharmaceutical, oral care and industrial end markets. Innophos was founded in 2004 and is based in Cranbury, New Jersey. |
Buy | $932M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-15 |
24 Hour Fitness
San Ramon, California, United States 24 Hour Fitness is a health club provider, involved in helping members change their lives and reach their individual fitness goals. 24 Hour Fitness offers fitness solutions for everyone including personal training services, group exercise classes and strength, cardio and functional training equipment. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
GenNx360 Capital Partners is a private equity firm focused on acquiring mid-sized US-based businesses. GenNx360 targets companies with revenues between $50 and $500 million and $5 to $35 million of EBITDA. The Firm looks to invest $25 to $100 million per transaction. Specific areas of interest include industrial water treatment, specialty chemicals/engineered materials, industrial machinery/equipment components, agriculture products and services, global transportation component parts, aerospace/defense, oil/gas services and business services. GenNx360 Capital Partners was formed in 2006 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 17 |
| Sector: Plastics M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 5 |
| State: Illinois M&A | 1 of 2 |
| Country: United States M&A | 6 of 15 |
| Year: 2020 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-14 |
Aero 3
Bedford, New Hampshire, United States Aero 3 is an aviation group providing aircraft parts, repair, and maintenance services through its brands AeroRepair, AirCrafters, Hemico, and Skywheels. The Company’s capabilities include component overhaul, wheel and brake servicing, PMA engineering, and parts distribution for commercial, business, and military aircraft operators across North America and international markets. Aero 3 was founded in 2019 and is headquartered in Bedford, New Hampshire. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-02 |
Precinmac Precision Machining
South Paris, Maine, United States Precinmac Precision Machining is a manufacturer of high tolerance precision machined components and assemblies. The company formulates cost-saving alternatives to current production and sourcing methods by offering a single-source solution for precise, high-quality, flexible, and on-time manufacturing to top-tier customers globally. Precinmac Precision Machining is based in South Paris, Maine. |
Sell | - |
