M&A Deal Summary |
|
|---|---|
| Date | 2022-11-01 |
| Target | Formerra |
| Sector | Distribution |
| Buyer(s) | H.I.G. Private Equity |
| Sellers(s) | Avient |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HIG Private Equity is the private equity arm of HIG Capital. The Firm focuses on management buyouts, growth equity investments, and recapitalizations of mid-sized to large companies valued between $50 million and $1 billion. HIG will also consider industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 327 of 383 |
| Sector: Distribution M&A | 13 of 13 |
| Type: Divestiture M&A Deals | 41 of 48 |
| State: Illinois M&A | 16 of 18 |
| Country: United States M&A | 217 of 249 |
| Year: 2022 M&A | 20 of 24 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
Taconic Biosciences
Germantown, New York, United States Taconic Biosciences is a provider of genetically engineered models and service solutions used in life sciences research. Taconic provides murine solutions so that customers can acquire, custom generate, breed, precondition, test, and distribute valuable research models worldwide. Taconic Biosciences was founded in 1952 and is based in Germantown, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-03 |
Celerion
Lincoln, Nebraska, United States Celerion is a clinical research organization that provides comprehensive clinical trial solutions to pharmaceutical and biotechnology clients conducting early clinical research throughout North America, Europe, and Asia. The Company serves its clients through a global network of facilities with a focus on applied translational medicine. Celerion was founded in 2010 and is based in Lincoln, Nebraska. |
Buy | - |
Avient is a provider of specialized polymer materials, services and solutions. Avient was incorporated in 1885 and is based in Avon Lake, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 5 of 5 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-20 |
DSM - Protective Materials Business
Heerlen, Netherlands DSM's Protective Materials Business provides the development of ultra-strong bio-based and circular materials. |
Buy | €1.4B |
