M&A Deal Summary

Farol Asset Management Acquires AVANTech

On October 1, 2020, private equity firm Farol Asset Management acquired machinery company AVANTech

Acquisition Highlights
  • This is Farol Asset Management’s 1st transaction in the Machinery sector.
  • This is Farol Asset Management’s 16th transaction in the United States.
  • This is Farol Asset Management’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2020-10-01
Target AVANTech
Sector Machinery
Buyer(s) Farol Asset Management
Deal Type Buyout (LBO, MBO, MBI)

Target

AVANTech

Columbia, South Carolina, United States
AVANTech is a provider of comprehensive industrial water treatment solutions. Our extensive experience in engineering process systems enables us to create integrated solutions that can dramatically improve operations in industrial, commercial and nuclear power applications. AVANTech was founded in 1999 and is based in Columbia, South Carolina.

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Buyer(S) 1

Buyer

Farol Asset Management

Investor Investor Investor

Category Private Equity Firm
Founded 2011
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Farol Asset Management is a private equity firm that looks to match institutional investors with direct investment opportunities. The Firm seeks to commit $5 to $30 million per transaction to support a variety of transaction situations and typically works with opportunities brought to it by private equity firms, fund-less sponsors, entrepreneurs and operating executives. Farol Asset Management was formed in 2011 and is headquartered in New York City.

DEAL STATS #
Overall 17 of 23
Sector (Machinery) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 7 of 10
State (South Carolina) 1 of 1
Country (United States) 16 of 21
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-28 Pulse Secure

San Jose, California, United States

Pulse Secure LLC provides easy, comprehensive software-driven Secure Access solutions for people, devices, things, and services that improve visibility, protection, and productivity for our customers. Pulse Secure LLC suites and SaaS platform uniquely integrate cloud, mobile, application, and network access to enable hybrid IT in a Zero Trust world. Over 24,000 enterprises and service providers across every vertical entrust Pulse Secure to empower their mobile workforce to securely access applications and information in the data center and cloud while ensuring business compliance.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 BlueTriton Brands

Stamford, Connecticut, United States

BlueTriton Brands offers an extensive portfolio of highly recognizable water brands for healthy hydration, including Poland Spring® Brand 100% Natural Spring Water, Splash, and Pure Life®. The Company also owns and operates ReadyRefresh®, customizable water, and beverage delivery service. BlueTriton Brands is based in Stamford, Connecticut.

Buy $4.3B
Mergr

Product

Company

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