Add-on Acquisition • Distribution

Brenntag Acquires Jm Swank

On June 23, 2021, Brenntag acquired distribution company Jm Swank from Platinum Equity

Acquisition Context
  • This is Brenntag’s 41st transaction in the Distribution sector.
  • This is Brenntag’s 10th transaction in the United States.
  • This is Brenntag’s 1st transaction in Iowa.

Explore All 3950 Add-on Acquisition Distribution Deals - Search the Database Free


M&A Deal Summary

Date June 23, 2021
Target Jm Swank
Sector Distribution
Buyer(s) Brenntag
Sellers(s) Platinum Equity
Deal Type Add-on Acquisition

Target Company

Jm Swank

North Liberty, Iowa, United States
Jm Swank is a food ingredient sourcing and distribution company. JM Swank has been expanding its distribution model to provide an integrated supply chain from order to delivery. The company transport 800 million pounds of product annually and provide expertise in sourcing, distribution and logistics to customers nationwide. Jm Swank is based in North Liberty, lowa.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Brenntag

Mulheim An Der Ruhr, Germany

Category Company
Sector Distribution
DESCRIPTION

Brenntag GmbH is a chemical distributor providing a one-stop shop for more than 150,000 customers.


Deal Context for Buyer #
Overall 44 of 44
Sector: Distribution 41 of 41
Type: Add-on Acquisition 41 of 41
State: Iowa 1 of 1
Country: United States 10 of 10
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-09 Quimisa SA

Bairro Bateas, Brazil

Quimisa SA is an industrial and specialty chemical distributor. Quimisa SA product portfolio includes industrial chemicals such as caustic soda and hydrogen peroxide as well as a wide range of specialty chemicals like textile auxiliaries, dyes, and polymers. Products are supplied to the textile, household products, food and beverage and paper industries with a strong logistics and customer service model.

Buy -

Seller Profile 1

SELLER

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 50.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


Deal Context for Seller #
Overall 70 of 86
Sector: Distribution 4 of 5
Type: Add-on Acquisition 34 of 42
State: Iowa 1 of 1
Country: United States 58 of 71
Year: 2021 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 McGraw Hill Education

New York City, New York, United States

McGraw Hill Education is a provider of educational material and learning solutions for students, instructors, and institutions around the world. McGraw Hill Education was founded in 1888 and is based in New York City, New York.

Buy $4.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-02 Multi-Color

Batavia, Ohio, United States

Multi-Color is a provider of label solutions supporting a number of brands including leading producers of home and personal care, wine and spirit, food and beverage and specialty consumer products. MCC serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China with a comprehensive range of the latest label technologies in Pressure Sensitive, Cut and Stack, In-Mold, Shrink Sleeve and Heat Transfer. Multi-Color was founded in 1916 and is based in Batavia, Ohio.

Sell -