M&A Deal Summary

Helios Technologies Acquires Faster

On February 19, 2018, Helios Technologies acquired machinery company Faster from Capvis for 430M EUR

Acquisition Highlights
  • This is Helios Technologies’ 1st transaction in the Machinery sector.
  • This is Helios Technologies’ largest (disclosed) transaction.
  • This is Helios Technologies’ 1st transaction in Italy.

M&A Deal Summary

Date 2018-02-19
Target Faster
Sector Machinery
Buyer(s) Helios Technologies
Sellers(s) Capvis
Deal Type Add-on Acquisition
Deal Value 430M EUR

Target

Faster

Rivolta d’Adda CR, Italy
Faster SpA is a designer and manufacturer of highly engineered mission-critical hydraulic couplings, serving the major global agriculture and construction equipment OEMs, both for their original equipment and aftermarket needs.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Helios Technologies

Sarasota, Florida, United States

Category Company
Founded 1970
Sector Machinery
Employees2,700
Revenue 836M USD (2023)
DESCRIPTION

Sun Hydraulics is a designer and manufacturer of high performance screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. Helios Technologies was founded in 1970 and is based in Sarasota, Florida.


DEAL STATS #
Overall 3 of 12
Sector (Machinery) 1 of 3
Type (Add-on Acquisition) 2 of 10
Country (Italy) 1 of 2
Year (2018) 1 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-07 Enovation Controls

Tulsa, Oklahoma, United States

Enovation Controls LLC is a provider of sophisticated digital control systems for gaseous fuel engines and engine-driven equipment focused on the vehicle and energy markets. The company combines the wide-ranging control and display capabilities of the Murphy® brand with the extensive engine control expertise of the EControls® brand.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-06 Custom Fluidpower Pty

Newcastle, Australia

Custom Fluidpower Pty Ltd. is an independently-owned fluid power solutions and service provider, serving a broad array of industrial end markets, including mining, material handling, agriculture, construction, energy/oil & gas and others. Custom Fluidpower was founded in 1999 and is based in Newcastle, Australia.

Buy $26M

Seller(S) 1

SELLER

Capvis

Baar, Switzerland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1990
PE ASSETS 3.9B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Capvis Equity Partners is a Swiss-based private equity firm focused on buyout, succession, and expansion investments in Switzerland, China, and Germany. Sectors of interest include Healthcare, Industrial Technology, and Advanced Services & Software. Capvis will consider both majority and minority positions. The Firm's investment horizon is four to six years. Capvis Equity Partners was formed in 1990 and is headquartered in Baar with additional offices in Germany and China.


DEAL STATS #
Overall 29 of 35
Sector (Machinery) 3 of 4
Type (Add-on Acquisition) 13 of 16
Country (Italy) 1 of 2
Year (2018) 1 of 2
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-23 tmax Group

Mannheim, Germany

tmax Group engages in design and manufacture of thermal and acoustic high-temperature insulation systems for engine compartments and exhaust lines for diesel and gasoline engines, fuel cells, and electric drive systems. tmax Group was founded in 1976 and is based in Mannheim, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-11 Amann Girrbach

Koblach, Austria

Amann Girrbach is a developer, manufacturer and sells precision systems and consumables, including the flagship Ceramill CAD/CAM system. Amann Girrbach was founded in 1973 and is headquartered in Koblach, Austria.

Buy -