M&A Deal Summary

Dometic Group Acquires Atwood Mobile Products

On September 9, 2014, Dometic Group acquired manufacturer Atwood Mobile Products from Insight Equity and Alcentra Capital

Acquisition Highlights
  • This is Dometic Group’s 1st transaction in the Manufacturing sector.
  • This is Dometic Group’s 1st transaction in the United States.
  • This is Dometic Group’s 1st transaction in Indiana.

M&A Deal Summary
Date 2014-09-09
Target Atwood Mobile Products
Sector Manufacturing
Buyer(s) Dometic Group
Sellers(s) Insight Equity
Alcentra Capital
Deal Type Add-on Acquisition
Advisor(s) Robert W. Baird & Co., Inc. (Financial)

Target

Atwood Mobile Products

Elkhart, Indiana, United States
Atwood Mobile Products, is a provider of gas appliances, windows, doors, electronics and hardware to the Recreational Vehicle (RV) industry.

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Buyer(S) 1

Buyer

Dometic Group

Solna, Sweden
Category Company
Founded 1922
Sector Consumer Products
Employees7,533
Revenue 27.8B SEK (2023)
DESCRIPTION

Dometic Group is a provider of value-added products to the recreational vehicle and pleasure boat industries. Dometic Group was founded in 1922 and is based in Solna, Sweden.

DEAL STATS #
Overall 2 of 5
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (Indiana) 1 of 1
Country (United States) 1 of 4
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-01 Prostor RV

Geluwe, Belgium

Prostor is a European manufacturer of awnings for RVs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-24 B Medical Systems

Hosingen, Luxembourg

B Medical Systems is a manufacturer and distributor of medical refrigeration, blood management and cold-chain equipment for large scale vaccination programs in emerging markets. B Medical Systems was founded in 1979 and is based in Hosingen, Luxembourg.

Sell -

Seller(S) 2

SELLER

Insight Equity

Southlake, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 800M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Insight Equity is a private equity firm targets control investments in middle-market companies. Insight looks for companies with revenues between $50 million to $1 billion and seeks to commit between $25 to $100 million per transaction. Areas of interest include manufacturing, distribution, aerospace & defense, automotive & transportation, consumer goods, service & professional industries, technology, and energy. Insight does not invest in real estate, retail or restaurant businesses. Insight Equity was formed in 1998 and is based in Southlake, Texas. The Firm has additional in New York City.

DEAL STATS #
Overall 3 of 9
Sector (Manufacturing) 2 of 3
Type (Add-on Acquisition) 2 of 6
State (Indiana) 1 of 2
Country (United States) 3 of 8
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-24 Midstate Berkshire

Westfield, Massachusetts, United States

Midstate Berkshire is in precision contract machining, fabrication and assembly services for the aerospace, defense, power generation and oil & gas industries. Headquartered in Westfield, MA, Midstate Berkshire features over 200,000 square feet of manufacturing space with the capacity to produce both large and small scale components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-18 Vision-Ease Lens

Ramsey, Minnesota, United States

Vision-Ease Lens, Inc. (Vision Ease) is a developer, manufacturer and marketer of ophthalmic lenses. It offers photochromic, light-responsive, polarized, and progressive line-free lenses; and lenses in polycarbonate, plastic, and glass materials.

Sell -
SELLER

Alcentra Capital

New York, New York, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1998
PE ASSETS 540M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Alcentra Capital Corporation is the direct investment arm of asset management firm Alcentra. Alcentra capital looks to provide equity and subordinated debt to middle-market companies throughout North America. The Firm looks to invest $5 to $15 million per transaction in profitable companies with $5 to $15 million of EBITDA. Sectors of interest include healthcare, government services, business services, and defense. Alcentra Capital Corporation was formerly known as BNY Mellon-Alcentra Mezzanine Partners. The Group was originally established in 1998 and is based in New York City.

DEAL STATS #
Overall 25 of 40
Sector (Manufacturing) 2 of 3
Type (Add-on Acquisition) 9 of 19
State (Indiana) 1 of 1
Country (United States) 25 of 38
Year (2014) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-20 Convergent Resources

Alpharetta, Georgia, United States

Convergent Resources, Inc. is a provider of outsourced accounts receivable management (“ARM”) services to a wide array of industries, including healthcare, utilities, telecommunications and financial services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 OYSTAR Holding

Stutensee, Germany

OYSTAR, with its product and service portfolio, is one of the leading suppliers of packaging technology worldwide. The company's core competence lies in the development, production, and marketing of customized packaging machines for the market sectors of pharmaceuticals and cosmetics, and dairy and foodstuffs - including after-sales service. OYSTAR is based in Stutensee, Germany.

Sell -
Mergr

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