IPO • Transportation

Aurora Resurgence Exits Gener8 Maritime

On May 22, 2015, invested in transportation company Gener8 Maritime from Aurora Resurgence

Investment Context

This is transaction in the Transportation sector.
This is transaction in the United States.
This is transaction in New York.

Investment Fate

Gener8 Maritime was sold to a strategic buyer in 2017.

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Investment Summary
Date	May 22, 2015
Target	Gener8 Maritime
Sector	Transportation
Sellers(s)	Aurora Resurgence
Deal Type	IPO

Target Company

Gener8 Maritime

New York, New York, United States

Gener8 Maritime, Inc. is a transportation provider of seaborne crude oil and petroleum products. The Company owns and operates one of the world’s largest and most diverse fleets of tankers, serving a client base consisting of the world’s major oil companies. Gener8 Maritime employs a highly-experienced executive team that has proven adept at navigating global macro cycles, effectuating tight quality and cost control and employing focused marketing efforts resulting in consistent returns delivered to investors.

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Seller Profile 1

SELLER

Aurora Resurgence

Investor

Category	Distressed Investor
Founded	1991
PE ASSETS	550M USD
Size	Middle-Market
Type	Sector Agnostic

DESCRIPTION

Aurora Resurgence is a private equity firm focused on complex or special situation investments. The Firm is associated with private equity group Aurora Capital Group and looks to invest $25 to $100 million of equity or debt capital to support a variety of investment situations including buyouts, carve-outs, recapitalizations, 363 sales, secondary debt purchases, DIP financings, and restructurings. Aurora Resurgence is based in Los Angeles, California.

Deal Context for Seller	#
Overall	5 of 10
Sector: Transportation	1 of 2
Type: IPO	1 of 1
State: New York	1 of 1
Country: United States	5 of 8
Year: 2015	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2014-02-04	Pyrex Chateauroux, France Pyrex is a manufacturer and distributor of glassware and cookware for domestic and professional use. The Company offers a range of heat-resistant glass and metal products including oven dishes, bakeware, pots, pans, and food storage containers for cooking, baking, and meal preparation. Pyrex was founded in 1915 and is based in Chateauroux, France.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2014-02-04

Pyrex

Chateauroux, France

Pyrex is a manufacturer and distributor of glassware and cookware for domestic and professional use. The Company offers a range of heat-resistant glass and metal products including oven dishes, bakeware, pots, pans, and food storage containers for cooking, baking, and meal preparation. Pyrex was founded in 1915 and is based in Chateauroux, France.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-01-27	Cardiac Science Waukesha, Wisconsin, United States Cardiac Science Corp. is a developer, manufacturer, and marketer of advanced diagnostic and therapeutic cardiology devices and systems, including automated external defibrillators (AEDs), electrocardiograph devices (ECGs), cardiac stress systems and treadmills, Holter monitoring systems, hospital defibrillators, cardiac rehabilitation telemetry systems, and cardiology data management systems (informatics) that connect with hospital information (HIS), electronic medical record (EMR), and other information systems. Cardiac Science Corp. was founded in 1913 and is based in Waukesha, Wisconsin.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-01-27

Cardiac Science

Waukesha, Wisconsin, United States

Cardiac Science Corp. is a developer, manufacturer, and marketer of advanced diagnostic and therapeutic cardiology devices and systems, including automated external defibrillators (AEDs), electrocardiograph devices (ECGs), cardiac stress systems and treadmills, Holter monitoring systems, hospital defibrillators, cardiac rehabilitation telemetry systems, and cardiology data management systems (informatics) that connect with hospital information (HIS), electronic medical record (EMR), and other information systems. Cardiac Science Corp. was founded in 1913 and is based in Waukesha, Wisconsin.

Buy

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