M&A Deal Summary |
|
|---|---|
| Date | 2017-05-19 |
| Target | Bushkill Group |
| Sector | Leisure |
| Buyer(s) | Cerberus Capital Management |
| Sellers(s) | The Resort Group |
| Deal Type | Divestiture |
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| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 87 |
| Sector (Leisure) | 3 of 5 |
| Type (Divestiture) | 6 of 14 |
| State (Pennsylvania) | 2 of 4 |
| Country (United States) | 34 of 63 |
| Year (2017) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-20 |
Keane Group
Houston, Texas, United States Keane Group, Inc. provides top hole drilling and hydraulic fracturing services to major operators in the Marcellus Shale basin and across the U.S. Keane Group was founded in 2011 and is based in Houston, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-06 |
Bowlero
Mechanicsville, Virginia, United States Bowlero is an owner and operator of bowling centers in the world, with more than 300 locations, across the U.S., Mexico, and Canada specializing in corporate and private events as well as league and retail bowling. Bowlero portfolio of bowling center brands includes Bowlero, Bowlmor Lanes, AMF Bowling Co., and Brunswick Zone, serving over 28 million guests each year. Bowlero was founded in 1997 and is based in New York City. |
Sell | - |
The Resort Group PLC is a luxury resort hospitality company specialising in creating five-star holiday resorts and hotels. The Resort Group is based in Derby, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Leisure) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2017) | 1 of 1 |
