M&A Deal Summary

Black Diamond Capital Management Acquires Valley Joist

On January 3, 2018, asset manager Black Diamond Capital Management acquired manufacturer Valley Joist from Ebsco

Acquisition Highlights
  • This is Black Diamond Capital Management’s 1st transaction in the Manufacturing sector.
  • This is Black Diamond Capital Management’s 6th transaction in the United States.
  • This is Black Diamond Capital Management’s 1st transaction in Alabama.

M&A Deal Summary
Date 2018-01-03
Target Valley Joist
Sector Manufacturing
Buyer(s) Black Diamond Capital Management
Sellers(s) Ebsco
Deal Type Divestiture

Target

Valley Joist

Fort Payne, Alabama, United States
Valley Joist, Inc. is a joist and deck manufacturer. Its facilities span almost 30 acres and 250,000 square feet while employing close to 200 employees across both locations.

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Buyer(S) 1

Buyer

Black Diamond Capital Management

Investor

Category Asset Manager
Founded 1995
PE ASSETS 10.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Black Diamond Capital Management is an alternative asset manager focused on credit, private equity, and other structured investments. The Firm's private equity group is a generalist investor that targets opportunities throughout North America and Europe. Black Diamond Capital Management was formed in 1995 and is headquartered in Stamford, Connecticut.

DEAL STATS #
Overall 6 of 7
Sector (Manufacturing) 1 of 1
Type (Divestiture) 2 of 2
State (Alabama) 1 of 1
Country (United States) 6 of 7
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-08 FXI

Radnor, Pennsylvania, United States

FXI is a producer of foam products for the home, healthcare, electronics, industrial, personal care and transportation markets. Its products include finished goods, sub-assemblies, services and raw materials for OEMs, fabricators and retailers. FXI was founded in 1990 and is based in Radnor, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-22 IAP Worldwide Services

Cape Canaveral, Florida, United States

IAP Worldwide Services is a provider of global logistics, infrastructure, IT, communications, power and air traffic management solutions. IAP Worldwide Services is based in Cape Canaveral, Florida.

Buy -

Seller(S) 1

SELLER

Ebsco

Birmingham, Alabama, United States
Category Company
Sector Diversified
DESCRIPTION

Ebsco Industries, Inc. is a privately held diversified holding company that operating units span information services, publishing, digital media, outdoor advertising, manufacturing, and real estate. Ebsco is based in Birmingham, Alabama.

DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Divestiture) 2 of 2
State (Alabama) 1 of 1
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-01 Hallmark Data Systems

Skokie, Illinois, United States

Hallmark Data Systems LLC is a provider in marketing services for media owners. Flexible databases and fulfillment built our reputation and gave us a base of knowledge to service our customers with other relevant solutions, such as integrated data capture and audience marketing.

Sell -
Mergr

Product

Company

Legal