M&A Deal Summary |
|
|---|---|
| Date | 2016-01-04 |
| Target | Dexter Axle |
| Sector | Automotive |
| Buyer(s) | DexKo Global |
| Sellers(s) |
Fifth Street Capital
The Sterling Group Manulife Investment Management |
| Deal Type | Merger |
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| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Manufacturing |
| Employees | 4,500 |
DexKo Global is a provider of highly engineered running gear technology, chassis assemblies, and related components with over 130 years of trailer and caravan componentry experience. DexKo Global was founded in 2015 and is based in Novi, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 24 |
| Sector (Automotive) | 2 of 15 |
| Type (Merger) | 2 of 2 |
| State (Indiana) | 1 of 3 |
| Country (United States) | 1 of 10 |
| Year (2016) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-04 |
AL-KO Vehicle Technology
Kotz, Germany AL-KO Vehicle Technology is a designer and manufacturer of trailer axles, trailer and caravan components, chassis and motorized chassis. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-31 |
Rockwell American Manufacturing
Seagoville, Texas, United States Rockwell American Manufacturing Co. is a provider of trailer axles, leaf springs, fenders and other trailer components serving multiple market segments across North America. |
Buy | - |
Fifth Street Capital is a public investment firm focused on providing mezzanine financing to support expansions, acquisitions, recapitalizations, and management buyouts of middle-market US based companies. Fifth Street looks to invest between $5 and $50 million per transaction. Sectors of interest include consumer products, healthcare services, manufacturing, medical device manufacturing, food services, business services, restaurants, speciality retail, logistics, and value added distribution. Fifth Street Capital is based in White Plains, New York.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 59 |
| Sector (Automotive) | 1 of 1 |
| Type (Merger) | 3 of 4 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 32 of 58 |
| Year (2016) | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-22 |
Affordable Care
Morrisville, North Carolina, United States Affordable Care is a dental practice management services company that supports a network of affiliated dental practices providing removable prosthetics and related services. Affordable Care was founded in 1975 and is based in Morrisville, North Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-12 |
Western Emulsions
Tucson, Arizona, United States Western Emulsions, Inc. is a manufacturer of asphalt-related pavement rejuvenation and resurfacing products and services in the Western United States. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 2.1B USD |
| Size | Large |
| Type | Sector Agnostic |
The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $750 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 29 |
| Sector (Automotive) | 1 of 1 |
| Type (Merger) | 1 of 5 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 12 of 26 |
| Year (2016) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-04 |
DexKo Global
Novi, Michigan, United States DexKo Global is a provider of highly engineered running gear technology, chassis assemblies, and related components with over 130 years of trailer and caravan componentry experience. DexKo Global was founded in 2015 and is based in Novi, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-01 |
DYK Automotive
Medina, Minnesota, United States DYK Automotive LLC is an automotive aftermarket distributor. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1998 |
| Size | Large |
| Type | Sector Agnostic |
Manulife Investment Management is a private investment group that provides mezzanine as well as non-controlling equity capital to middle-market businesses. Manulife Investment's target investment size is $10 to $50 million per transaction. The Group prefers opportunities located in the US. Manulife Investment Management was established in 1998 and maintains offices in Boston and New York City.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 19 |
| Sector (Automotive) | 1 of 2 |
| Type (Merger) | 1 of 2 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 7 of 18 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-23 |
Sterling Infosystems
New York, New York, United States Sterling Infosystems, Inc. (Sterling Talent Solutions) is a provider of criminal background checks, employment and education verification, drug testing and other pre-employment related screening services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-27 |
Pexco
Johns Creek, Georgia, United States Pexco is a North American designer and fabricator of engineered plastic components. It provides standard and specialty parts and components to manufacturers and end-users for a broad range of custom applications, including the specialty industrial, fluid-handling, lighting, traffic safety, fence, and electrical insulation industries. Pexco offers a full range of custom design, engineering, and fabrication services, including ISO 9001:2015 registration, across its manufacturing operations. |
Sell | - |
