M&A Deal Summary

H.I.G. Private Equity Acquires M.J. Maillis Group

On February 20, 2015, private equity firm H.I.G. Private Equity acquired packaging company M.J. Maillis Group

Acquisition Highlights
  • This is H.I.G. Private Equity’s 3rd transaction in the Packaging sector.
  • This is H.I.G. Private Equity’s 1st transaction in Greece.

M&A Deal Summary
Date 2015-02-20
Target M.J. Maillis Group
Sector Packaging
Buyer(s) H.I.G. Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

M.J. Maillis Group

Athens, Greece
M. J. Maillis Group is a producer of end-of-line packaging solutions, providing complete, high technology and cost effective packaging solutions (one-stop-shop) that combine packaging equipment, packaging materials, service and support. The company has approximately 1,500 employees and offices located in 18 countries throughout Europe, North America and Asia. The Group's customer base extends to the food, beverage, steel, construction, timber and cosmetics industries. The M.J. Maillis Group is the exclusive and preferred supplier of well-known companies such as US Steel, Nestlé, Coca-Cola, P&G, Henkel, Pepsi, Mars, Lafarge, ArcelorMittal and Wal-Mart. M.J. Maillis Group was founded in 1968 and is based in Athens, Greece.

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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 162 of 369
Sector (Packaging) 3 of 5
Type (Buyout (LBO, MBO, MBI)) 53 of 112
Country (Greece) 1 of 3
Year (2015) 2 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 Pendum

Elmhurst, Illinois, United States

Pendum is a national independent ATM service provider for ATMs and other cash automation equipment for national and community banks, credit unions, off-premise deployers, gaming and retail establishments. Pendum draws on more than 25 years of dedicated service to the ATM industry to bring customers flexible, consultative solutions that reduce costs and improve uptime.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-11 Adelie Foods Group

Slough, United Kingdom

Adelie Foods Group is a supplier of chilled Food-to-Go, offering a range of products such as sandwiches, salads, and quiche to supermarkets, coffee shops, and the foodservice sector.

Buy -
Mergr

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