M&A Deal Summary |
|
|---|---|
| Date | 2008-02-11 |
| Target | ACI Electronics |
| Sector | Electronics |
| Buyer(s) | Arrow Electronics |
| Sellers(s) | PNC Mezzanine Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1935 |
| Sector | Distribution |
| Employees | 22,100 |
| Revenue | 33.1B USD (2023) |
Arrow Electronics is a global supplier of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow's diverse customer base consists of original equipment manufacturers, contract manufacturers, and other commercial customers. These customers include manufacturers of industrial equipment and consumer products serving industries ranging from telecommunications, automotive and transportation, aerospace and defense, medical, professional services, and alternative energy, among others. Arrow Electronics was incorporated in 1935 and is headquartered in Centennial, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 34 |
| Sector (Electronics) | 2 of 4 |
| Type (Add-on Acquisition) | 5 of 25 |
| State (Colorado) | 2 of 3 |
| Country (United States) | 5 of 20 |
| Year (2008) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-10 |
Universe Electron
Tokyo, Japan Universe Electron Corporation is a Tokyo-based distributor of semiconductor and multimedia products to major Japanese manufacturers and firms. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-02-25 |
LOGIX S.A.
Courbevoie, France LOGIX is a value-added distributor of midrange servers, storage, and software in 11 European countries with annual gross revenues of approximately 500 million euros. Headquartered in Courbevoie, France, LOGIX has operations in France, Belgium, Luxembourg, Morocco, Poland, the Netherlands, Israel, Denmark, Finland, Sweden, and Norway. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
PNC Mezzanine Capital is the subordinated debt investing arm of PNC Bank. PNC Mezzanine looks to provide $10 to $50 million of junior capital to middle-market companies in a variety of industries. Prospective companies generally have revenues of $20 million and EBITDA greater than $4 million. Broad sectors of interest include niche manufacturing, value-added distribution, and business or consumer services. PNC will not invest in early-stage or technology-driven businesses; real estate, commodity-based or capital-intensive companies; businesses with high customer or vendor concentration; or declining businesses. PNC Mezzanine was formed in 1989 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 49 |
| Sector (Electronics) | 1 of 2 |
| Type (Add-on Acquisition) | 2 of 15 |
| State (Colorado) | 1 of 2 |
| Country (United States) | 8 of 47 |
| Year (2008) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-23 |
Metal Spinners
Angola, Indiana, United States Metal Spinners, Inc.serves the fragmented, high-value added, low-volume market for spun metal products. Metal products are typically spun versus stamped when volumes are too low to justify stamping tooling and production run times. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-03-04 |
Au Bon Pain
Boston, Massachusetts, United States Au Bon Pain is a bakery cafe operator with almost 300 Company-owned and franchised stores globally. By providing its quality offering in high-density, high-traffic locations. The Company's menu includes freshly baked goods, made-to-order sandwiches, soups, and cafe beverages. Au Bon Pain was founded in 1978 and is based in Boston, Massachusetts. |
Sell | $250M |
