M&A Deal Summary |
|
|---|---|
| Date | 2008-09-29 |
| Target | Tecomet |
| Sector | Medical Products |
| Buyer(s) |
Charlesbank Capital Partners
Golub Capital |
| Sellers(s) | Cardinal Health |
| Deal Type | Divestiture |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Charlesbank Capital Partners is a private equity firm focused on investing in companies at various stages of development, including private and public companies, distressed situations, as well as later stage high growth businesses. Charlesbank typically invests $50 to $150 million per deal, in companies valued between $150 million and $3 billion. Industries of interest include consumer products, distribution, energy, financial services, food, education, health-care products and services, manufacturing, media and communications, and retail. Charlesbank Capital Partners is based in Boston, Massachusetts with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 89 |
| Sector (Medical Products) | 2 of 3 |
| Type (Divestiture) | 2 of 9 |
| State (Massachusetts) | 3 of 7 |
| Country (United States) | 25 of 78 |
| Year (2008) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-02 |
StoneCastle Partners
New York, New York, United States StoneCastle Partners is an asset manager focused on the community banking industry, with a strong track record in managing bank trust-preferred securitizations. The company intends to continue growing its core business by leveraging its origination network and underwriting capabilities to invest in other community bank assets and liabilities through a variety of investment vehicles. StoneCastle Partners is based in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-03-01 |
MasterCraft
Vonore, Tennessee, United States MasterCraft is a manufacturer of inboard “sport boats” used for waterskiing, wakeboarding and general recreation. MasterCraft was founded in 1968 and is based in Vonore, Tennessee. |
Sell | - |
| Category | Lender |
|---|---|
| Founded | 1994 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Golub Capital is a private investment firm focused on making debt and equity investments in US based middle-market companies. Golub looks to invest between $5 and $75 million in businesses with established operating cash flow, strong customer relationships, and 'sustainable proprietary positions in their markets'. Prospective investment structures include refinancings, recapitalizations, buyouts, and growth financings. Sectors of interest include consumer products, business and consumer services, defense, manufacturing, value-added distribution, media, healthcare services and restaurants. Golub Capital was formed in 1994 and maintains offices in New York City, Atlanta, and Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 68 |
| Sector (Medical Products) | 1 of 7 |
| Type (Divestiture) | 1 of 2 |
| State (Massachusetts) | 1 of 3 |
| Country (United States) | 13 of 66 |
| Year (2008) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-07 |
B+B SmartWorx
Ottawa, Illinois, United States B+B SmartWorx designs and manufactures wired and wireless industrial networking and device connectivity solutions. B+B’s products allow customers to network-enable legacy equipment, extend network connections, or embed network connectivity into applications where reliability in rugged or hostile environments is critical. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-10-22 |
Driven Brands
Charlotte, North Carolina, United States Driven Brands is a parent company of automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers; Paint & Collision, housing Maaco, CARSTAR, and ABRA; Distribution, housing 1-800-Radiator & A/C and Spire Supply; and Quick Lube, housing Take 5 Oil Change. Driven Brands was incorporated in 1972 and is based in Charlotte, North Carolina. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1979 |
| Sector | Distribution |
| Employees | 47,040 |
| Revenue | 205.0B USD (2023) |
Cardinal Health is a distributor of healthcare products. Cardinal Health manufactures medical and surgical products and distributes pharmaceuticals and medical supplies worldwide. Cardinal Health was founded in 1979 and is based in Dublin, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 10 |
| Sector (Medical Products) | 2 of 3 |
| Type (Divestiture) | 4 of 7 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 4 of 8 |
| Year (2008) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-02 |
Corpak MedSystems
Buffalo Grove, Illinois, United States CORPAK MedSystems is a developer, manufacturer and marketer of innovative medical devices focused on the enteral feeding and bedside location technology markets. The Company has established the leading market position in premium branded, adult, long-term nasogastric (“NG”) feeding tubes and offers a broad portfolio of other high quality, branded enteral products, including gastrostomy feeding tubes, gastric relief devices and enteral feeding safety devices. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-09-01 |
CareFusion
San Diego, California, United States CareFusion Corp. is a global medical technology company that provides various healthcare services to hospitals. Amongst other services, CareFusion is a provider of wireless, barcode-enabled patient identification systems used in hospitals. CareFusion was formed in 2009 when it was spun out of Cardinal Health. |
Sell | - |
