M&A Deal Summary

Fischbein Acquires Marlen International

On March 11, 2014, Fischbein acquired machinery company Marlen International from Pfingsten Partners

Acquisition Highlights
  • This is Fischbein’s 1st transaction in the Machinery sector.
  • This is Fischbein’s 1st transaction in the United States.
  • This is Fischbein’s 1st transaction in Missouri.

M&A Deal Summary
Date 2014-03-11
Target Marlen International
Sector Machinery
Buyer(s) Fischbein
Sellers(s) Pfingsten Partners
Deal Type Add-on Acquisition
Advisor(s) Kroll (Financial)

Target

Marlen International

Riverside, Missouri, United States
Marlen International, Inc. is a provider of engineered food processing equipment and related aftermarket parts and services to leading and mid-sized food processors. The Company's engineered equipment serves a variety of applications, including meat, poultry, fish, vegetables, fruit, bakery, confectioneries, snacks, dairy goods and pet food. The equipment is sold under the Marlen and Carruthers brand names and is used for pumping, portioning, filling, dicing, grinding, slicing, shredding, chilling and cooking applications. Marlen was founded in 1950 and is headquartered in Riverside, Missouri.

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Buyer(S) 1

Buyer

Fischbein

Statesville, North Carolina, United States
Category Company
Sector Machinery
DESCRIPTION

Fischbein designs, manufactures, and distributes packaging and material handling equipment. The Company offers filling, weighing, closing, handling, palletizing equipment, and sewing and sealing equipment. Fischbein is headquartered in Statesville, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1

Seller(S) 1

SELLER

Pfingsten Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION
Pfingsten's office building at 300 North LaSalle in Chicago.
Pfingsten's office building at 300 North LaSalle in Chicago.

Pfingsten Partners is a private equity firm focused on investments in niche manufacturing, distribution, and business services companies. The Firm targets platform companies headquartered in the US although add-on acquisitions can be located outside the US. Prospective companies typically have revenues of $20 to $150 million and EBITDA of $3 to $12 million. Transaction types include private companies undergoing an ownership transition, corporate divestitures, strategic add-ons, and turnarounds. Pfingsten only invests in situations allowing for control. Pfingsten will not invest in real estate, natural resources, highly regulated businesses, retail, restaurants, early-stage companies, or technology. Pfingsten Partners was formed in 1989 and is based in Chicago, Illinois.

DEAL STATS #
Overall 19 of 40
Sector (Machinery) 2 of 6
Type (Add-on Acquisition) 9 of 16
State (Missouri) 2 of 3
Country (United States) 19 of 40
Year (2014) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-04 CURT Group

Eau Claire, Wisconsin, United States

CURT Group is a designer, manufacturer, and distributor of towing solutions, and trailer and cargo management accessories for passenger vehicles and trucks. Its products are sold through installers, distributors, e-commerce, retail, and auto dealer channels. CURT Group was founded in 1994 and is based in Eau Claire, Wisconsin.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-29 ZSi-Foster

Canton, Michigan, United States

ZSi-Foster is a producer of quick detachable couplers, hose fittings, blowguns, and related accessories for use with various gasses and liquids. The most common applications for our products are for compressed air, hydraulic oil, and water. ZSi-Foster was established in 1979 and is based in Canton, Michigan.

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