M&A Deal Summary

Cerberus Capital Management Acquires Isola Group

On January 4, 2018, asset manager Cerberus Capital Management acquired technology hardware company Isola Group from TPG

Acquisition Highlights
  • This is Cerberus Capital Management’s 1st transaction in the Technology Hardware sector.
  • This is Cerberus Capital Management’s 38th transaction in the United States.
  • This is Cerberus Capital Management’s 1st transaction in Arizona.

M&A Deal Summary
Date 2018-01-04
Target Isola Group
Sector Technology Hardware
Buyer(s) Cerberus Capital Management
Sellers(s) TPG
Deal Type Secondary Buyout

Target

Isola Group

Chandler, Arizona, United States
Isola Group is a global material sciences company focused on designing, developing, manufacturing, and marketing copper-clad laminates and dielectric prepregs used to fabricate advanced multi-layer printed circuit boards. The Company's high-performance materials are used in sophisticated electronic applications in the communications infrastructure, computing/networking, military, medical, aerospace, and automotive industries. Isola Group was founded in 1912 and is based in Chandler, Arizona.

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Buyer(S) 1

Buyer

Cerberus Capital Management

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1992
PE ASSETS 55.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 56 of 87
Sector (Technology Hardware) 1 of 1
Type (Secondary Buyout) 7 of 14
State (Arizona) 1 of 2
Country (United States) 38 of 63
Year (2018) 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 HN Precision

Lake Bluff, Illinois, United States

HN Precision is a manufacturer of precision machined components serving a diverse group of industry-leading original equipment manufacturers across multiple end-markets including heavy trucks, off-highway vehicles, oil and gas, armaments, rail, and general industrial. HN Precision was founded in 1984 and is based in Lake Bluff, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-07 Cyanco

Reno, Nevada, United States

Cyanco is a large global producer of sodium cyanide with manufacturing facilities in Nevada and Texas serving customers in North America, Latin America, and Africa. Cyanco’s Applied Technology provides consulting services, laboratory support, and cyanide processing technologies to assist customers in optimizing their metal recoveries and sodium cyanide usage throughout the mine lifecycle. Cyanco prides itself on its commitment to safety, and is one of the original signatories to the International Cyanide Management Code (ICMC) and is represented on the Industry Advisory Group to the International Cyanide Management Institute.

Buy -

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.

DEAL STATS #
Overall 170 of 267
Sector (Technology Hardware) 5 of 6
Type (Secondary Buyout) 16 of 36
State (Arizona) 4 of 6
Country (United States) 123 of 193
Year (2018) 2 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Empower Micro Systems

Santa Clara, California, United States

Empower Micro Systems is a developer of a disruptive energy inversion technology designed to offer ubiquitous, safe, and high-quality solar energy for all.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 Taylor Morrison

Scottsdale, Arizona, United States

Taylor Morrison is a national builder and developer. The company operates under two well-established brands, Taylor Morrison and Darling Homes. Taylor Morrison was founded in 1936 and is based in Scottsdale, Arizona.

Sell -
Mergr

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