M&A Deal Summary

Creganna-Tactx Medical Acquires Precision Wire Components

On December 2, 2014, Creganna-Tactx Medical acquired medical products company Precision Wire Components from The Riverside Company, Barings Private Equity, Apogem Capital and Golub Capital

Acquisition Highlights
  • This is Creganna-Tactx Medical’s 4th transaction in the Medical Products sector.
  • This is Creganna-Tactx Medical’s 2nd transaction in the United States.
  • This is Creganna-Tactx Medical’s 1st transaction in Oregon.

M&A Deal Summary
Date 2014-12-02
Target Precision Wire Components
Sector Medical Products
Buyer(s) Creganna-Tactx Medical
Sellers(s) The Riverside Company
Barings Private Equity
Apogem Capital
Golub Capital
Deal Type Add-on Acquisition

Target

Precision Wire Components

Tualatin, Oregon, United States
Precision Wire Components (PWC) designs and produces high precision medical wires and supporting components that are used in a wide variety of minimally invasive medical procedures.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Creganna-Tactx Medical

Galway , Ireland
Category Company
Founded 1980
Sector Medical Products
Revenue 250M USD (2015)
DESCRIPTION

Creganna-Tactx Medical is a provider of an outsourced design and manufacturing services of minimally invasive delivery and access devices.

DEAL STATS #
Overall 4 of 4
Sector (Medical Products) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Oregon) 1 of 1
Country (United States) 2 of 2
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-04 ABT Medical

Wexford, Ireland

ABT Medical Ltd. is a designer and manufacturer of medical balloons for Minimally Invasive devices serving a global portfolio of medical device companies.

Buy -

Seller(S) 4

SELLER

The Riverside Company

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.

DEAL STATS #
Overall 95 of 191
Sector (Medical Products) 7 of 14
Type (Add-on Acquisition) 39 of 82
State (Oregon) 2 of 3
Country (United States) 71 of 133
Year (2014) 14 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-01 Sencore

Sioux Falls, South Dakota, United States

Sencore, Inc. designs, manufactures and markets a broad suite of products serving multiple segments of the global video, audio and data transmission industries. The company provides products and services for communication transmission infrastructure for broadcast, cable, telecommunications and consumer A/V products. Sencore also provides maintenance, home theatre/home automation installation and calibration, and medical imaging.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-08 Mintra Holding

Bergen, Norway

Mintra Holding is an entity which provides workforce management systems worldwide. It delivers services covering human resources (HR), competence management, and training to customers in various business environments. The company offers OCS HR, a suite of software covering HR, crewing, and payroll needs of shipping and offshore companies. Mintra Holding was founded in 1997 and is based in Bergen, Norway.

Buy -
SELLER

Barings Private Equity

Investor Investor

Category Private Equity Firm
Founded 1991
PE ASSETS 5.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Barings Private Equity is the private equity arm of global asset management firm Barings. The Group looks to invest in mezzanine, distressed, and other private equity transactions including secondaries and funds. Sectors of interest include manufacturing, business services, distribution, consumer products, consumer services, food products, packaging, and healthcare. Barings Private Equity was originally established in 1991 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 8 of 37
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 6 of 23
State (Oregon) 1 of 1
Country (United States) 8 of 33
Year (2014) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-25 apexanalytix

Greensboro, North Carolina, United States

apexanalytix is a provider of supplier management, audit, recovery, and compliance software, and services. apexanalytix was founded in 1988 and is based in Greensboro, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-19 Handi Quilter

North Salt Lake, Utah, United States

Handi Quilter develops and manufactures branded and OEM quilting machines, frames, tables, computerized quilting systems, and quilting accessories. The company's products are primarily used in the home by dedicated quilting enthusiasts as well as by quilters with home-based businesses. Handi Quilter was founded in 1998 and is based in North Salt Lake, Utah.

Sell -
SELLER

Apogem Capital

Chicago, Illinois, United States
Category Asset Manager
Founded 2001
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apogem Capital is a diversified alternative investment manager and subsidiary of insurance provider, New York Life. Apogem manages a variety of investment strategies including private equity, private credit, and real assets. Within private equity, the Firm looks to make fund, direct, and secondary investments, as well as acquire GP stakes. Within its direct investing activity, Apogem targets mid-sized companies valued up to $250 million and will consider businesses throughout North America and Europe. Apogem Capital formed as the result of New York Life combining PA Capital, Madison Capital Funding, and Goldpoint Partners into one entity. Apogem Capital is based in New York City.

DEAL STATS #
Overall 14 of 52
Sector (Medical Products) 2 of 5
Type (Add-on Acquisition) 7 of 21
State (Oregon) 1 of 1
Country (United States) 14 of 52
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 Checkers Safety

Broomfield, Colorado, United States

Checkers Safety is a provider of branded industrial safety products dedicated to vehicular safety, asset protection, and workplace safety. Checkers Safety was founded in 1987 and is based in Broomfield, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-23 dlhBOWLES

Canton, Ohio, United States

dlhBOWLES is a supplier of innovative engineered plastic solutions to many of the largest corporations and most recognizable brands around the globe in the automotive and consumer products industries. The company designs and manufactures automotive products for camera and sensor wash systems, windshield washer systems, powertrain, chassis, and sunroof products. It also provides solutions for a wide array of consumer products in the areas of consumer sprays, plumbing, irrigation, and other diverse applications. dlhBOWLES was founded in 1961 and is based in Canton, Ohio.

Buy -
SELLER

Golub Capital

New York, New York, United States

Investor Investor Investor Investor Investor

Category Lender
Founded 1994
PE ASSETS 55.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 9 of 41
Sector (Medical Products) 2 of 5
Type (Add-on Acquisition) 3 of 19
State (Oregon) 2 of 2
Country (United States) 9 of 39
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-14 NAVEX

Lake Oswego, Oregon, United States

NAVEX is a provider of ethics and compliance software, content and services helps organizations protect their people, reputation and bottom line. NAVEX was founded in 2012 and is based in Lake Oswego, Oregon.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-08 PetVet Care Centers

Westport, Connecticut, United States

PetVet Care Centers is an operator and consolidator of specialty veterinary hospitals and general practice veterinary clinics. With over 600 general veterinarians and board-certified specialists, ranging from emergency critical care to cardiology and orthopedic surgery. PetVet Care Centers was founded in 2012 and is based in Westport, Connecticut.

Buy -
Mergr

Product

Company

Legal