M&A Deal Summary |
|
|---|---|
| Date | 2006-06-19 |
| Target | Progress Rail |
| Sector | Machinery |
| Buyer(s) | Caterpillar |
| Sellers(s) | One Equity Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.0B USD |
| Advisor(s) | Credit Suisse Investment Banking Morgan Stanley J.P. Morgan Securities (Financial) Morgan Lewis (Legal) |
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| Category | Company |
|---|---|
| Founded | 1925 |
| Sector | Machinery |
| Employees | 113,200 |
| Revenue | 67.1B USD (2023) |
Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar principally operates through three product segments. These include Resource Industries, Construction Industries, and Energy & Transportation. Caterpillar also provides financing and related services through its Financial Products segment. Caterpillar was incorporated in 1925 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 38 |
| Sector (Machinery) | 11 of 22 |
| Type (Add-on Acquisition) | 8 of 27 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 8 of 18 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-08-16 |
Wealdstone Engineering
Rushden, United Kingdom Wealdstone Engineering Ltd., one of Europe's leading remanufacturers of gasoline and diesel engines. Its business is automotive and industrial based, and Wealdstone has been a specialist OEM remanufacturer since 1965. Wealdstone's largest long-term customers are Ford Europe and the British Ministry of Defence. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-23 |
Eurenov S.A.S.
Chaumont, France Eurenov S.A.S. (Eurenov), a remanufacturer of engines, transmissions and components for leading European automotive manufacturers. The company offers a variety of products such as remanufactured engines, new and remanufactured transmissions and remanufactured fuel injection pumps to original equipment manufacturer clients. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
One Equity Partners (OEP) is a private equity firm that targets buyout and growth capital investments in North America, Europe, and Asia. OEP prefers to be the lead investor and typically commits $30 to $300 million per transaction. Sectors of interest include industrial products/services, consumer, retail, chemicals, media, communications, and healthcare. One Equity Partners was formed in 2001 and spun out of JP Morgan Chase in 2015. One Equity Partners is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 63 |
| Sector (Machinery) | 1 of 1 |
| Type (Add-on Acquisition) | 3 of 36 |
| State (Alabama) | 1 of 2 |
| Country (United States) | 3 of 42 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 6 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-04 |
Carlson Wagonlit Travel
Diemen, Netherlands One of the world's largest providers of corporate travel management services, servicing corporations in 120 countries. Combine CWT and Navigant to benefit from increased global scale, cost savings and deep supplier relationships. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-23 |
Travelport
Langley, United Kingdom Travelport is a developer of a travel commerce platform to provide distribution, technology, payment and other solutions for the global travel and tourism industry. The company facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel marketplace. Travelport was founded in 2006 and is based in Langley, United Kingdom. |
Buy | $4.3B |
