M&A Deal Summary |
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Date | 2014-11-21 |
Target | Specialty Pipe & Tube |
Sector | Energy Services and Equipment |
Buyer(s) |
Crest Rock Partners
Ascent Industries |
Sellers(s) | Ferguson Waterworks |
Deal Type | Divestiture |
Deal Value | 32M USD |
Advisor(s) | BB&T Capital Markets (Financial) |
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Crest Rock Partners is a private equity firm that looks to acquire and invest in businesses that can benefit from an operationally focused investor. The Firm will consider a variety of investment situations including corporate divestitures, companies in transition, buyouts, recapitalizations, and growth capital financings. Crest Rock can invest across the capital structure and seeks to commit $15 to $60 million per investment. Sectors of interest include software, technology, business services, manufacturing, and industrial. Crest Rock Partners was formed in 2019 and is headquartered in Denver, Colorado.
DEAL STATS | # |
---|---|
Overall | 1 of 9 |
Sector (Energy Services and Equipment) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Ohio) | 1 of 1 |
Country (United States) | 1 of 7 |
Year (2014) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-06-17 |
Unbounce
St. Vancouver, British Columbia, Canada Unbounce is a provider of conversion optimization tools and technology for marketers that help small and mid-size businesses (“SMBs”) optimize conversions and accelerate growth. Unbounce was formed in 2009 and is based in St. Vancouver, British Columbia. |
Buy | - |
Category | Company |
---|---|
Founded | 1945 |
Sector | Manufacturing |
Employees | 514 |
Revenue | 262M USD (2022) |
Ascent Industries encompasses a portfolio of highly respected manufacturing businesses including Manufacturers Chemicals, DanChem, CRI Tolling, Bristol Tubular Products, the stainless steel and galvanized pipe and tube operations of Marcegaglia USA, and American Stainless Tubing. Ascent Industries was founded in 1945 and is based in Oak Brook, Illinois.
DEAL STATS | # |
---|---|
Overall | 3 of 5 |
Sector (Energy Services and Equipment) | 2 of 2 |
Type (Divestiture) | 1 of 1 |
State (Ohio) | 1 of 1 |
Country (United States) | 3 of 5 |
Year (2014) | 1 of 1 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-09-04 |
Ram-Fab
Crossett, Arkansas, United States Ram-Fab is a fabricator of custom piping systems. Ram-Fab regularly works with both carbon and exotic metals and can provide complete turnkey fabrication solutions. They serve multiple market segments, including the petro-chemical, water/wastewater, mining, and heavy manufacturing industries. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-06-29 |
Universal Stainless
Bridgeville, Pennsylvania, United States Universal Stainless is a producer of semi-finished and finished specialty steel long products and plate, including nickel alloy, stainless steel, tool steel and aircraft quality low alloy steels, in a wide variety of grades and product forms. Universal Stainless was founded in 1994 and is based in Bridgeville, Pennsylvania. |
Buy | - |
Category | Company |
---|---|
Founded | 1953 |
Sector | Distribution |
Employees | 1,900 |
Ferguson is a diverse wholesale distributor with operations spanning multiple business groups. The company is ranked by trade publications as the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings(PVF) in the US. It is also the fourth largest distributor of heating and cooling equipment (HVAC/R) and the second largest company within the waterworks industry.
DEAL STATS | # |
---|---|
Overall | 1 of 2 |
Sector (Energy Services and Equipment) | 1 of 1 |
Type (Divestiture) | 1 of 2 |
State (Ohio) | 1 of 1 |
Country (United States) | 1 of 2 |
Year (2014) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-06-09 |
HP Products
Indianapolis, Indiana, United States HP Products Corp. is a distributor of janitorial, safety, packaging and laundry/dietary products serving customers in a variety of industries. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-02-09 |
Builders Appliance Center
Englewood, Colorado, United States Builders Appliance Center LLC is a luxury appliance dealer. |
Buy | - |