M&A Deal Summary |
|
|---|---|
| Date | 2010-11-01 |
| Target | Gear For Sports |
| Sector | Apparel/Textiles |
| Buyer(s) | Hanes |
| Sellers(s) |
TJC
NewCastle Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 55M USD |
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| Category | Company |
|---|---|
| Founded | 1901 |
| Sector | Apparel/Textiles |
| Employees | 50,000 |
| Revenue | 5.6B USD (2023) |
Hanes is a consumer goods company with a portfolio of apparel brands, including Hanes, Champion, C9 by Champion, Bali, Playtex, Just My Size, L’eggs, barely there, Wonderbra, Gear for Sports, Zorba, Sol y Oro and Rinbros. Hanes was founded in 1901 and is based in Winston-Salem, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 9 |
| Sector (Apparel/Textiles) | 2 of 7 |
| Type (Add-on Acquisition) | 2 of 9 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 1 of 4 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-30 |
Industrias Duraflex S.A. de C.V.
San Salvador, El Salvador Industrias Duraflex S.A. de C.V. is a manufacturer and distributor of cotton fabrics for the textile clothing industry. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-07 |
Maidenform Brands
Iselin, New Jersey, United States Maidenform Brands, Inc., is a seller of bras, shapewear and panties under brands such as Maidenform, Flexees, Lilyette, Self Expressions and Sweet Nothings, as well as Donna Karan. |
Buy | $583M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 58 |
| Sector (Apparel/Textiles) | 1 of 1 |
| Type (Add-on Acquisition) | 10 of 21 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 22 of 56 |
| Year (2010) | 2 of 2 |
| Size (of disclosed) | 12 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-08-16 |
Milestone Aviation Group
Columbus, Ohio, United States Milestone Aviation Group Limited ("Milestone") is the first global aircraft leasing company exclusively focused on helicopters and private jets. Headquartered in Dublin, Ireland, Milestone will be led by Rich Santulli, founder of NetJets and RTS Helicopters. Milestone provides aircraft owners and operators worldwide with personalized financing options not otherwise available. |
Buy | $550M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-13 |
ProMach
Covington, Kentucky, United States ProMach is a provider of complete packaging machinery solutions, engineering and integration services, and related aftermarket products and services. ProMach brands operate across the entire packaging spectrum: filling and capping, flexibles, pharma, product handling, labeling and coding, and end of line. ProMach also provides Performance Services including integrated solutions, design/build, engineering services, and productivity software to optimize packaging line design and deliver maximum uptime. ProMach was founded in 1998 and is based in Covington, Kentucky. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| Size | Small |
| Type | Sector Focused |
NewCastle Partners is an independent investment firm focused on acquiring smaller middle-market companies in partnership with management. The Firm targets profitable, US-based businesses with defensible market positions. Prospective companies generally have at least $2 million in EBITDA and generate sales of $10 to $50 million. Sectors of interest include niche manufacturing and specialty distribution. Target transactions include recapitalizations, buyouts, growth capital financings, and consolidations. NewCastle was formed in 2001 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 16 |
| Sector (Apparel/Textiles) | 2 of 2 |
| Type (Add-on Acquisition) | 9 of 10 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 15 of 16 |
| Year (2010) | 2 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-10-07 |
Apparel Ventures
Los Angeles, California, United States Apparel Ventures, Inc. designs, manufactures and markets branded women's swimwear. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-09 |
World Dryer
Berkeley, Illinois, United States World Dryer Corp. is a manufacturer and worldwide distributor of warm air hand dryers for commercial bathrooms. World Dryer was founded in 1948 and is based in Berkeley, Illinois. |
Sell | - |
