M&A Deal Summary

H.I.G. Private Equity Acquires iDC Logistics

On January 1, 2022, private equity firm H.I.G. Private Equity acquired transportation company iDC Logistics

Acquisition Highlights
  • This is H.I.G. Private Equity’s 15th transaction in the Transportation sector.
  • This is H.I.G. Private Equity’s 206th transaction in the United States.
  • This is H.I.G. Private Equity’s 24th transaction in California.

M&A Deal Summary
Date 2022-01-01
Target iDC Logistics
Sector Transportation
Buyer(s) H.I.G. Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

iDC Logistics

Buena Park, California, United States
iDC is an asset-light third-party logistics company providing warehousing and distribution services to customers in the consumer electronics, discount retail, furniture and other end markets. iDC Logistics was founded in 2004 and is based in Buena Park, California.

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Buyer(S) 1

Buyer

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1993
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital LLC. The firm focuses on management buyouts, growth equity investments, and recapitalizations of middle market companies with an enterprise value of $50 - $1000 million. The Firm also will consider add-on acquisitions, 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 and has offices in Miami, Atlanta, Boston, and San Francisco. HIG's European affiliate is HIG Europe with offices in London, Hamburg, and Paris.

DEAL STATS #
Overall 309 of 370
Sector (Transportation) 15 of 18
Type (Buyout (LBO, MBO, MBI)) 92 of 113
State (California) 24 of 29
Country (United States) 206 of 246
Year (2022) 1 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 AdTheorent

New York, New York, United States

AdTheorent is a technology company that is transforming digital advertising through user identity mapping and data-driven predictive solutions. The company's machine learning technology platform, Cross-Environment Map, and Barometric technologies help brands understand and connect with their audiences at scale. Its machine-learning technology platform combines millions of data attributes into precise and accurate adaptive models to identify optimal audiences. AdTheorent was formed in 2010 and is based in

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 GDT

Dallas, Texas, United States

GDT is a multi-vendor IT solutions provider (ITSP) with a services-driven approach serving blue chip enterprises and government agencies across the globe. The Company offers its customers comprehensive solutions, including professional services, managed services, and the design, architecture and resale of OEM hardware, software, and maintenance. GDT was founded in 1996 and is based in Dallas, Texas.

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