M&A Deal Summary |
|
|---|---|
| Date | 2024-09-05 |
| Target | ProEnergy Services |
| Sector | Energy Services and Equipment |
| Buyer(s) | ECP |
| Sellers(s) |
Eos
ACON Investments |
| Deal Type | Secondary Buyout |
| Advisor(s) | Orrick Winston & Strawn (Legal) |
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ECP is a specialist private equity firm focused on investments in energy infrastructure. Specific areas of interest include power generation, including renewable energy facilities; electric transmission; midstream gas, including gas storage and pipelines; and other energy service businesses and infrastructure assets. The Firm primarily targets opportunities located in North America. ECP was formed in 2005 and is based in Summit, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 51 of 51 |
| Sector (Energy Services and Equipment) | 15 of 15 |
| Type (Secondary Buyout) | 7 of 7 |
| State (Montana) | 1 of 1 |
| Country (United States) | 48 of 48 |
| Year (2024) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-19 |
NCSG Crane & Heavy Haul
Acheson, Alberta, Canada NCSG Crane & Heavy Haul is a provider of mobile crane rental and heavy haul services. NCSG provides turnkey solutions throughout the energy corridor of Canada and the US to customers in a variety of industries. NCSG Crane & Heavy Haul was founded in 1987 and is based in Acheson, Alberta. |
Sell | - |
| Category | Asset Manager |
|---|---|
| Founded | 1994 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Eos is an investment firm with strategies covering private equity, public equity, and credit markets. The Firm targets businesses generating sales of $25 to $500 million and EBITDA of $5 to $50 million. Eos invests in businesses under-going ownership changes, divestitures, management buyouts or and recapitalizations. The Firm invests up to $100 million per transaction. Target sectors include business/outsourced services, alternative media/marketing, healthcare services, transportation/logistics, infrastructure/environmental services, energy, and financial services. Eos was formed in 1994 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 25 |
| Sector (Energy Services and Equipment) | 2 of 2 |
| Type (Secondary Buyout) | 6 of 6 |
| State (Montana) | 2 of 2 |
| Country (United States) | 25 of 25 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-08 |
ShelterPoint Life
Garden City, New York, United States short-term Life engages in the short-term disability market and is a provider of ancillary employee benefits through a network of over 6,000 agents and brokers, insuring more than 150,000 businesses and 1.4 million lives with licenses in 48 states and territories. ShelterPoint Life was founded in 1972 and is based in Garden City, New York. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
ACON Investments is an international private equity firm that targets investments in the US, Europe, and Latin America. ACON's investment strategy covers 'opportunities at times of change - responding at points of inflection where value creation is possible'. Examples include businesses that serve the rapidly growing US Hispanic population, energy and energy service needs, businesses in need of operational help, and opportunities in Latin America resulting from economic deregulation and political liberalization. ACON's looks for companies where it can commit $20 to $150 million of equity capital. Target sectors include consumer products and services, distribution, business services and industrial manufacturing. ACON Investments was formed in 1996 and has offices in Washington DC; Houston, Texas; Los Angeles, California; and Madrid, Spain.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 31 |
| Sector (Energy Services and Equipment) | 4 of 4 |
| Type (Secondary Buyout) | 4 of 4 |
| State (Montana) | 1 of 1 |
| Country (United States) | 20 of 21 |
| Year (2024) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-03 |
Rymel
Medellín, Colombia Rymel specializes in manufacturing electrical equipment, particularly transformers for electricity distribution. Rymel was founded in 2019 and is based in Medellín, Colombia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-14 |
True Value
Chicago, Illinois, United States True Value is an independent hardware retailer and cooperative with locations across the US. True Value was founded in 1948 and is based in Chicago, Illinois. |
Sell | - |
