M&A Deal Summary

EnPro Acquires Technetics

On January 5, 2010, EnPro acquired manufacturer Technetics from Stephens Capital Partners

Acquisition Highlights
  • This is EnPro’s 4th transaction in the Manufacturing sector.
  • This is EnPro’s 8th transaction in the United States.
  • This is EnPro’s 1st transaction in Florida.

M&A Deal Summary
Date 2010-01-05
Target Technetics
Sector Manufacturing
Buyer(s) EnPro
Sellers(s) Stephens Capital Partners
Deal Type Add-on Acquisition

Target

Technetics

Deland, Florida, United States
Technetics Corporation is a manufacturer of abradable seals, brush seals and acoustic products for turbines used in aerospace and power generation applications.

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Buyer(S) 1

Buyer

EnPro

Charlotte, North Carolina, United States
Category Company
Founded 2002
Sector Machinery
Employees3,500
Revenue 1.1B USD (2023)
DESCRIPTION

EnPro is a provider of sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other engineered products. EnPro was founded in 2002 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 11 of 26
Sector (Manufacturing) 4 of 8
Type (Add-on Acquisition) 11 of 25
State (Florida) 1 of 2
Country (United States) 8 of 20
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-09 V.W. Kaiser Engineering

Millington, Michigan, United States

V.W. Kaiser Engineering is engaged in manufacturing pins, bushings and suspension kits used primarily in aftermarket applications for trucks and busses. Kaiser is known for uniquely engineered products that offer superior performance and significant operating advantages to its customers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-01 Quincy Compressor

Bay Minette, Alabama, United States

Quincy Compressor LLC is a designer and manufacture of reciprocating and rotary screw air compressors.

Sell $190M

Seller(S) 1

SELLER

Stephens Capital Partners

Little Rock, Arkansas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Stephens Capital Partners is the direct, private equity investment arm of financial services firm Stephens, Inc. Stephens Capital looks to acquire minority or majority stakes in mid-sized, profitable companies in partnership with management. The Firm will consider opportunities throughout the US valued between $50 and $200 million. Stephens Capital will not consider venture investments or turnaround situations. Stephens Capital Partners is based in Little Rock, Arkansas.

DEAL STATS #
Overall 9 of 40
Sector (Manufacturing) 2 of 4
Type (Add-on Acquisition) 4 of 19
State (Florida) 1 of 4
Country (United States) 9 of 39
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Halifax Media Group

Daytona Beach, Florida, United States

Halifax’s strategy is to invest long-term capital in quality companies positioned in strong markets that are closely connected to the community. Our expectation is to invest for the long term.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-01 Aaron Industries

Clinton, South Carolina, United States

Aaron Industries, Inc. is a manufacturer of private-label OTC pharmaceuticals, health and first aid products. The company's products include national brand equivalent liquid over-the-counter (OTC) stomach relief and cough, cold, allergy and pain medicines, pediatric electrolytes and a full range of first aid items. Aaron was formed in 1981 and is based in Clinton, South Carolina.

Buy -
Mergr

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