M&A Deal Summary

Grindmaster-Cecilware Acquires Cecilware

On September 17, 2009, Grindmaster-Cecilware acquired consumer products company Cecilware from Jefferies Capital Partners

Acquisition Highlights
  • This is Grindmaster-Cecilware’s 1st transaction in the Consumer Products sector.
  • This is Grindmaster-Cecilware’s 1st transaction in the United States.
  • This is Grindmaster-Cecilware’s 1st transaction in New York.

M&A Deal Summary

Date 2009-09-17
Target Cecilware
Sector Consumer Products
Buyer(s) Grindmaster-Cecilware
Sellers(s) Jefferies Capital Partners
Deal Type Merger

Target

Cecilware

Long Island City, New York, United States
Cecilware, Inc. is a designer, manufacturer, and distributor of beverage dispensing, cooking, and countertop equipment for the commercial foodservice market.

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Buyer(S) 1

Buyer

Grindmaster-Cecilware

Louisville, Kentucky, United States

Category Company
Founded 2009
Sector Machinery
Employees200
Revenue 65M USD (2016)
DESCRIPTION

Grindmaster-Cecilware Corp. is a manufacturer of hot, cold and frozen beverage dispensing equipment including coffee machines.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

Jefferies Capital Partners

New York, New York, United States

Category Private Equity Firm
Founded 1994
PE ASSETS 850M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Jefferies Capital Partners is a private equity investment firm that seeks to invest in later-stage growth companies, management buyouts, and support of corporate expansion and industry consolidation. The firm makes equity and equity-linked investments between $20 million and $100 million per transaction. Jefferies does not invest in start-ups, early-stage ventures or real estate. The firm seeks companies with revenue between $10 million to $500 million per annum. Jefferies targets companies involved in the following industries: consumer, energy, financial services, healthcare, manufacturing and distribution, media, telecommunications and transportation. Jefferies Capital Partners is based in New York, New York.


DEAL STATS #
Overall 23 of 28
Sector: Consumer Products M&A 3 of 3
Type: Merger M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 22 of 27
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-16 Carrols

Syracuse, New York, United States

Carrols owns and operates more than 650 restaurants under the Burger King brand. Carrols was incorporated in 1960 and is based in Syracuse, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 Exaro Energy

Houston, Texas, United States

Exaro Energy engages in the development and production of legacy natural gas and crude oil properties. The Company typically seeks joint venture partnerships in its strategic focus area of South Texas, employing proven restoration technologies to economically produce bypassed and stranded reserves in already drilled well bores and new low-risk development wells. Exaro Energy was formed in 2003 and is based in Houston, Texas.

Buy -