M&A Deal Summary |
|
|---|---|
| Date | 2005-06-21 |
| Target | API Heat Transfer |
| Sector | Machinery |
| Buyer(s) |
Audax Private Equity
Audax Private Debt Antares Capital Apollo Global Management |
| Sellers(s) | Madison Industries |
| Deal Type | Secondary Buyout |
| Advisor(s) | Goldsmith Agio Helms (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 19.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Private Equity is a private equity firm focused on acquiring control positions in a variety of mid to large North American headquartered companies. The Firm segments its activities into lower middle-market and larger scale investing. Within its larger group, Audax targets profitable businesses valued up to $800 million and within its lower middle-market group, the Firm seeks companies valued up to $125 million. Sectors of interest include business services, consumer products/services, financial services, healthcare services, industrial services, software, and technology. Audax has a special interest in businesses that can benefit from a buy and build investment strategy for growth. Audax Private Equity was formed in 1999 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 170 |
| Sector: Machinery M&A | 1 of 5 |
| Type: Secondary Buyout M&A Deals | 3 of 73 |
| State: New York M&A | 3 of 6 |
| Country: United States M&A | 14 of 161 |
| Year: 2005 M&A | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-06-01 |
TMP Directional Marketing
New York City, New York, United States TMP Directional Marketing is a local search agency, offering integrated offline, online and mobile search marketing solutions to top, national brands. Our clients describe us as indispensable. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-13 |
The Macgregor Group
Boston, Massachusetts, United States Macgregor is a provider of trade order management systems and financial information exchange network services to institutional buy-side investors. Macgregor products and services help to automate mission-critical investment management functions, including portfolio modeling, trade management, order routing, compliance, and electronic settlement |
Sell | $230M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 120 |
| Sector: Machinery M&A | 1 of 3 |
| Type: Secondary Buyout M&A Deals | 3 of 58 |
| State: New York M&A | 1 of 10 |
| Country: United States M&A | 11 of 118 |
| Year: 2005 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-05-16 |
TSI Group
St. Louis, Missouri, United States TSI Group, Inc. is a manufacturer of custom-engineered thermal management and electronic component and systems solutions predominantly to defense and aerospace customers. TSI Group is based in St. Louis, Missouri. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-06-22 |
Wilson Farms
Lexington, Massachusetts, United States Wilson Farms is an operator of approximately 200 convenience stores under the Wilson Farms and Sugarcreek brands. Wilson's primary products include an extensive line of grocery, frozen and dairy products as well as gasoline in select locations. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Small |
| Type | Sector Agnostic |
Antares Capital is a private investment group that targets growth capital financings as well as management buyout opportunities. The Firm focuses on investments based in the Southeast US and Texas. Prospective companies generally have proven business models, modest capital requirements for growth, and operate in large and growing markets. The Firm looks to commit $500k to $5 million per investment. Antares will not invest in real estate, mineral exploration, distributors, franchisees, or project financings. Antares was founded in 1993 and is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 55 |
| Sector: Machinery M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 7 of 30 |
| State: New York M&A | 1 of 3 |
| Country: United States M&A | 11 of 54 |
| Year: 2005 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-11 |
Express Oil Change & Tire Engineers
Birmingham, Alabama, United States Express Oil Change & Tire Engineers is a provider of total car care solutions, oil change, maintenance and repair services. Express Oil Change & Tire Engineers was founded in 1979 and is based in Birmingham, Alabama. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-02-01 |
Aspen Marketing Services
West Chicago, Illinois, United States Aspen Marketing Services (Aspen) Aspen is an integrated marketing services company with approximately 400 professionals located in nine offices nationwide. |
Sell | - |
| Category | Asset Manager |
|---|---|
| Founded | 1990 |
| PE ASSETS | 72.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apollo Global Management is a global alternative investment firm. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Apollo's geographic coverage spans Europe, North America, and Asia. Apollo manages publicly traded Apollo Investment Corporation, which provides equity and junior capital to middle-market companies, as well as Apollo Commercial Real Estate Finance, Inc. Apollo Global Management was formed in 1990 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 152 |
| Sector: Machinery M&A | 1 of 3 |
| Type: Secondary Buyout M&A Deals | 2 of 39 |
| State: New York M&A | 1 of 6 |
| Country: United States M&A | 5 of 108 |
| Year: 2005 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-06 |
PlayPower
Huntersville, North Carolina, United States PlayPower is a manufacturer of commercial playground systems and recreational equipment. With operations in both the US and Europe, the Company manufactures and markets a wide range of innovative products including commercial playground equipment, floating docks and boat/personal watercraft lifts, contained play systems, site amenities, and other related products. PlayPower is based in Huntersville, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-01 |
SquareTwo Financial
Denver, Colorado, United States SquareTwo Financial Corp. (Formerly Collect America) financial service company that purchases non-performong credit card debt and obtains other debt placements from credit-granting organizations for distribution to its proprietary national network of franchised law firms. This network utilizes Collect America's proprietary technology including computer database, collection software and communication system and collection methodology and operating philosophy. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| Size | Large |
| Type | Sector Focused |
Madison Industries is a privately held investment holding firm that targets growth investments in and acquisitions of industrial manufacturing companies. Madison prefers businesses with a defensible market niche, established technology, and significant cash-flow growth potential. Madison will also consider turnaround situations. Target opportunities generally have sales between $50 million and $2 billion. Madison Industries is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 20 |
| Sector: Machinery M&A | 2 of 9 |
| Type: Secondary Buyout M&A Deals | 3 of 8 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 6 of 19 |
| Year: 2005 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-01-03 |
Cofimco
Pombia, Italy Cofimco is a designer and manufacturer of highly engineered aluminum and fiberglass axial fans for sophisticated and demanding cooling tower, evaporative condenser, and air-cooled condenser fan applications. Cofimco was founded in 1975 and is based in Pombia, Italy. |
Buy | $28M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-01 |
Synventive Molding Solutions
Peabody, Massachusetts, United States Synventive Molding Solutions, Inc. is a solutions provider to the injection molding industry. Synventive is a designers, manufacturers and suppliers of hot runner systems and related components to the automotive, electronics, healthcare, and consumer packaging industries. Hot runner systems channel molten plastic from injection molding machines into molds. These systems are used in the molding of a variety of plastic products ranging from small medical devices to large automobile parts. |
Sell | - |