M&A Deal Summary |
|
|---|---|
| Date | 2024-10-14 |
| Target | Precinmac Precision Machining |
| Sector | Manufacturing |
| Buyer(s) | Centerbridge Partners |
| Sellers(s) |
Compass Partners
Pine Island Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Goldman Sachs (Financial) Weil Gotshal & Manges (Legal) |
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| Category | Asset Manager |
|---|---|
| Founded | 2005 |
| PE ASSETS | 38.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Centerbridge Partners is a mega-sized private equity firm focused primarily on distressed/special situations in North America and Europe. In addition to making control investments, Centerbridge also maintains funds for non-control credit investments. Centerbridge was formed in 2005 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 47 of 47 |
| Sector (Manufacturing) | 2 of 2 |
| Type (Secondary Buyout) | 27 of 27 |
| State (Maine) | 1 of 1 |
| Country (United States) | 39 of 39 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-08 |
Remedi SeniorCare
Baltimore, Maryland, United States Remedi SeniorCare delivers comprehensive pharmacy services, pharmacy consulting, and data management services to nursing homes, assisted living, and continuing care retirement communities. The business is committed to helping these organizations achieve outstanding care, financial strength, and medication safety. Remedi combines their culture of caring with real-world pharmacy services and best-in-class technology to give organizations more time and resources and help them focus on caring for their residents. Remedi SeniorCare was formed in 1954 and is based in Baltimore, Maryland. |
Sell | - |
Compass Partners is a merchant bank focused on investing in and advising growth platforms within the aerospace and defense sectors. Compass will consider opportunities across the US and looks to partner with profitable companies generating $5 to $50 million of EBITDA. Compass Partners was formed in 1996 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Maine) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-02 |
Precinmac Precision Machining
South Paris, Maine, United States Precinmac Precision Machining is a manufacturer of high tolerance precision machined components and assemblies. The company formulates cost-saving alternatives to current production and sourcing methods by offering a single-source solution for precise, high-quality, flexible, and on-time manufacturing to top-tier customers globally. Precinmac Precision Machining is based in South Paris, Maine. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2018 |
| Size | Small |
| Type | Sector Agnostic |
Pine Island Capital Partners is a private equity firm focused on majority or minority investments in North American companies valued up to $500 million. The Firm has a preference for growth-oriented companies with strong management and highly specialized products/services. Sectors of interest include aerospace, industrial technology, government services, defense, space systems, and information-based technologies. Pine Island Capital Partners is based in Ft. Lauderdale, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Maine) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-01 |
InVeris Training Solutions
Suwanee, Georgia, United States InVeris Training Solutions is a provider of integrated virtual and live-fire training systems and services for domestic and international law enforcement customers. InVeris Training Solutions is based in Suwanee, Georgia. |
Buy | $146M |
