M&A Deal Summary |
|
|---|---|
| Date | 2024-01-09 |
| Target | Powertronix |
| Sector | Electrical Equipment |
| Buyer(s) | Astrodyne TDI |
| Sellers(s) |
Hanover Partners
Greyrock Capital Group |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Electrical Equipment |
Astrodyne TDI is a designer, manufacturer, and distributor of AC/DC power supplies, DC/DC converters, and external and wall-mount power adapters through catalog, direct sales, and internet. Astrodyne TDI was founded in 1994 and is based in Hackettstown, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Electrical Equipment M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| State: California M&A | 3 of 3 |
| Country: United States M&A | 5 of 5 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-05 |
TDI Power
Hackettstown, New Jersey, United States TDI Power is a provider of power for Defense, Aerospace, Telecommunications, Data Storage, and other demanding industries. TDI has a large, modern manufacturing facility in Shenzhen, China, as well as an engineering design center in Ronkonkoma, NY. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| Size | Small |
| Type | Sector Agnostic |
Hanover Partners is a private investment firm that targets middle-market companies with enterprise value between $10 and $60 million and EBIT of at least $2 million. Hanover prefers manufacturing or service based businesses located in the United States that serve business customers. Avoided industries include retail, construction, consulting, job-shops, and distributors not adding specific value. Hanover Partners was formed in 1994 and is based in San Francisco, California with an additional office in Oswego, Oregon.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 14 |
| Sector: Electrical Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 10 of 10 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 14 of 14 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-09 |
Westside Equipment
Madera, California, United States Westside Equipment is a manufacturer of tomato and pistachio harvesting equipment and related parts. Westside Equipment started manufacturing machinery for the tomato harvesting industry in 2001 and has grown from a small operation with four employees to a global leader in the commercial tomato harvester equipment industry. Westside Equipment was founded in 1986 and is based in Madera, California. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 350M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Greyrock Capital Group provides mezzanine debt and equity capital to finance buyouts, recapitalizations and growth needs of middle market companies. Greyrock looks to invest between $8 and $40 million of equity and/or junior capital in companies with minimum revenues of $10 million and at least $2 million of EBITDA. Greyrock prefers companies in defensible markets with low cost structures. Greyrock Capital was formed in 2002 and has offices in San Francisco, California; Chicago, Illinois; and Westport, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 46 |
| Sector: Electrical Equipment M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 25 of 25 |
| State: California M&A | 12 of 12 |
| Country: United States M&A | 46 of 46 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-09 |
Westside Equipment
Madera, California, United States Westside Equipment is a manufacturer of tomato and pistachio harvesting equipment and related parts. Westside Equipment started manufacturing machinery for the tomato harvesting industry in 2001 and has grown from a small operation with four employees to a global leader in the commercial tomato harvester equipment industry. Westside Equipment was founded in 1986 and is based in Madera, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-18 |
Williams Distributors
Spokane Valley, Washington, United States Williams Distributors is a direct-store-delivery (“DSD”) distributor of ice cream, frozen pizza and frozen foods in the Northwest. Williams Distributors was formed in 1992 and is based in Spokane Valley, Washington. |
Buy | - |
