M&A Deal Summary |
|
|---|---|
| Date | 2002-05-01 |
| Target | Astech |
| Sector | Engineering |
| Buyer(s) | GKN |
| Sellers(s) | Summit Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Sector | Engineering |
| Employees | 51,400 |
| Revenue | 9.7B GBP (2017) |
GKN is a global engineering company. Known for its expertise in advanced manufacturing, GKN specializes in designing, manufacturing, and supplying innovative components and systems for the automotive, aerospace, and industrial markets. Its extensive product portfolio includes driveline technologies, electric drivetrains, lightweight structures, aerospace systems, and power management solutions. GKN is based in Redditch, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 20 |
| Sector (Engineering) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 12 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 2 of 8 |
| Year (2002) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-02-01 |
XIK
Lisle, Illinois, United States Interlake manufactured ferrous metal powders for use primarily in the automotive industry and specialty jet engine components. Interlake also had a materials handling business that it intended to sell. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-07-22 |
Pilkington Aerospace
Birmingham, United Kingdom Pilkington Aerospace Ltd. is a supplier of canopies and windows, technically known as transparencies for the military and civil aircraft market. Pilkington Aerospace has a global reputation in the technologies required to produce advanced transparencies in both plastics and glass. It supplies the transparencies for military aircraft programmes such as the FA-18 and C-17 and has a contract to develop and supply transparencies for the F-35 Joint Strike Fighter. GKN already supplies transparencies for the Eurofighter Typhoon and has contracts to develop and supply transparencies for the FA-22 Raptor and the F-16 Falcon. Pilkington also supplies transparencies to all Boeing civil aircraft and leading regional and business jet manufacturers including Embraer, Lear and Cessna. |
Buy | $68M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 84 of 285 |
| Sector (Engineering) | 1 of 1 |
| Type (Add-on Acquisition) | 33 of 127 |
| State (Tennessee) | 2 of 4 |
| Country (United States) | 81 of 246 |
| Year (2002) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-01 |
GoldenGate Software
San Francisco, California, United States GoldenGate Software, Inc. provides real-time, multi-platform database replication and data integration solutions. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-06-03 |
Infor Global Solutions
New York, New York, United States Infor Global Solutions, Inc. is a global provider of enterprise business solutions to select manufacturing and distribution industries. Infor Global Solutions, Inc. was formed in 2002 and is based in New York City. |
Buy | - |
