M&A Deal Summary

CoreBrace Acquires Star Seismic

On February 5, 2016, CoreBrace acquired engineering company Star Seismic from VOPNE Capital

Acquisition Highlights
  • This is CoreBrace’s 1st transaction in the Engineering sector.
  • This is CoreBrace’s 1st transaction in the United States.
  • This is CoreBrace’s 1st transaction in Utah.

M&A Deal Summary
Date 2016-02-05
Target Star Seismic
Sector Engineering
Buyer(s) CoreBrace
Sellers(s) VOPNE Capital
Deal Type Add-on Acquisition

Target

Star Seismic

Park City, Utah, United States
Star Seismic is the designer, engineer and manufacturer of Buckling Restrained Braces. From steel and concrete to wood structures, Star Seismic BRB systems play a key role in a wide range of award-winning construction projects throughout the world.

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Buyer(S) 1

Buyer

CoreBrace

West Jordan, Utah, United States
Category Company
Founded 2002
Sector Engineering
DESCRIPTION

CoreBrace LLC engages in the Buckling Restrained Brace (BRB) industry and holds nine U.S. Patents for its BRB systems. CoreBrace BRBs are a cost-effective solution to improve the seismic performance of structures. This highly ductile system has been used in hundreds of projects for earthquake risk mitigation. CoreBrace’s expert staff works closely with engineers and the entire design and construction team resulting in the superior performance of the structure.

DEAL STATS #
Overall 1 of 1
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

VOPNE Capital

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2013
Size Small
Type Sector Agnostic
DESCRIPTION

Vopne Capital is a private equity firm focused on acquisitions, recapitalizations and equity financings of lower middle-market, North American companies. The Firm looks to commit $5 to $35 million in profitable companies with EBITDA of $2 to $8 million. Sectors of interest include manufacturing, healthcare, business services, industrial, aerospace, and defense. Vopne will not invest in start-ups, real estate, retail, restaurants or oil & gas. Vopne Capital was formed in 2013 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 3
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Utah) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-09 Star Seismic

Park City, Utah, United States

Star Seismic is the designer, engineer and manufacturer of Buckling Restrained Braces. From steel and concrete to wood structures, Star Seismic BRB systems play a key role in a wide range of award-winning construction projects throughout the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-01 Phoenix Wrappers

Laval, Quebec, Canada

Phoenix Wrappers is a manufacturer of stretch wrapping equipment with a full complement of stretch wrap equipment from semi-automatic up to high speed fully automatic customized material handling systems. Phoenix Wrappers was founded in 1994 and is based in Laval, Quebec.

Buy -
Mergr

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