M&A Deal Summary |
|
|---|---|
| Date | 2007-01-25 |
| Target | Cellnet Technology |
| Sector | Utilities |
| Buyer(s) | Bayard Group |
| Sellers(s) | GTCR |
| Deal Type | Add-on Acquisition |
| Deal Value | 705M USD |
| Advisor(s) | Morgan Stanley Goldman Sachs (Financial) Kirkland & Ellis (Legal) |
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About Bayard Group Since its establishment in 2002, Bayard has committed over US$1 billion to the energy measurement and efficiency sector. Bayard's combined investments have an annual revenue base of approximately US$1.1 billion with operations in 30 countries, and include Landis+Gyr, the world's largest electricity metering company, and Hunt Technologies, the US-based AMR company. Bayard is dedicated to investing in smart metering and related energy efficiency businesses that can contribute to better environmental outcomes.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Utilities) | 1 of 1 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2007) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-10 |
Enermet Group Oy
Zug, Switzerland Enermet Group is a suppliers of energy metering systems. The company develops, produces and markets comprehensive new generation systems for the metering of energy, the control of its use and the refinement and management of metering data. Enermet has branches in ten countries around the globe. |
Buy | €90M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 15.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 85 |
| Sector (Utilities) | 1 of 1 |
| Type (Add-on Acquisition) | 12 of 41 |
| State (Georgia) | 2 of 5 |
| Country (United States) | 21 of 82 |
| Year (2007) | 2 of 5 |
| Size (of disclosed) | 19 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-17 |
HSM Electronic Protection Services Inc
Columbus, Ohio, United States HSM Electronic Protection Services, Inc is a leading provider of electronic security monitoring services in the United States. The Company provides design, installation, maintenance, and monitoring services for electronic security systems to commercial and residential customers. Based in Lisle, Illinois, HSM is led by James Covert, a veteran of the security monitoring business. |
Sell | $545M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-14 |
TransFirst
Hauppauge, New York, United States TransFirst LLC is a provider of secure transaction processing services and payment enabling technologies. |
Sell | $683M |
