M&A Deal Summary |
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|---|---|
| Date | 2022-02-28 |
| Target | Restaurant Technologies |
| Sector | Business Services |
| Buyer(s) | ECP |
| Sellers(s) | Goldman Sachs Merchant Banking |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams (Financial) Weil Gotshal & Manges (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 | 47 of 57 |
| Sector: Business Services M&A | 5 of 5 |
| Type: Secondary Buyout M&A Deals | 5 of 7 |
| State: Minnesota M&A | 2 of 2 |
| Country: United States M&A | 46 of 53 |
| Year: 2022 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-01 |
Avolta Renewable
Charleston, West Virginia, United States Avolta is a developer of renewable natural gas projects. Avolta is based in Charleston, West Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-03 |
Sendero
Houston, Texas, United States Sendero is a premier gas gathering and processing business located in Eddy County, New Mexico, one of the most actively developed counties in the Permian Basin. Sendero was formed in 2014 and is based in Houston, Texas. |
Sell | $600M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 112 of 126 |
| Sector: Business Services M&A | 8 of 10 |
| Type: Secondary Buyout M&A Deals | 32 of 34 |
| State: Minnesota M&A | 2 of 2 |
| Country: United States M&A | 79 of 90 |
| Year: 2022 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-11 |
FinanceIt
Toronto, Ontario, Canada FinanceIt offers a comprehensive suite of tools and technologies designed to simplify complex sales transactions for businesses and their customers. FinanceIt was founded in 2011 and is headquartered in Toronto, Ontario. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-26 |
Norgine
Amsterdam, Netherlands Norgine is an independent specialty pharmaceutical company. Norgine’s focus is the development and marketing of pharmaceutical products that address significant unmet clinical needs in therapeutic areas such as gastroenterology, hepatology, and critical and supportive care. Norgine was formed in 1906 and is based in Amsterdam, Netherlands. |
Buy | - |
