M&A Deal Summary

Hendricks Holding Acquires Universal Recycling Technologies

On July 17, 2007, family office Hendricks Holding acquired information technology company Universal Recycling Technologies

Acquisition Highlights
  • This is Hendricks Holding’s 1st transaction in the Information Technology sector.
  • This is Hendricks Holding’s 8th transaction in the United States.
  • This is Hendricks Holding’s 6th transaction in Wisconsin.

M&A Deal Summary

Date 2007-07-17
Target Universal Recycling Technologies
Sector Information Technology
Buyer(s) Hendricks Holding
Deal Type Buyout (LBO, MBO, MBI)

Target

Universal Recycling Technologies

Janesville, Wisconsin, United States
Universal Recycling Technologies is a full-service IT asset disposition and equipment recycler. The company's experience providing secure collection, transportation, data destruction, and proper recycling could assist with all equipment processing and recycling needs. Universal Recycling Technologies was formed in 2003 and is based in Janesville, Wisconsin.

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Buyer(S) 1

Buyer

Hendricks Holding

Beloit, Wisconsin, United States

Investor Investor Investor Investor Investor


Category Family Office
Founded 2001
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Hendricks Holding Co. is a private investment group created to manage the investing activity of the Hendricks family, founders of ABC Supply Co., Inc. HH looks to acquire controlling interests in businesses operating in a range of industries, including building materials, manufacturing, industrial products, transportation, insurance, and real estate. Hendricks Holding, (formerly Amfinity Capital) was formed in 2001 and is based in Beloit, Wisconsin.


DEAL STATS #
Overall 9 of 14
Sector (Information Technology) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 4 of 6
State (Wisconsin) 6 of 8
Country (United States) 8 of 13
Year (2007) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-01 American Industrial Steel & Supply

Janesville, Wisconsin, United States

American Industrial Steel & Supply (AISS) provides several structural steel products to various municipalities and industrial markets. (AISS) is an independent wholesaler which will distribute commercial and industrial metals and supplies for the local trade. American Industrial Steel & Supply is based in Janesville, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 River’s Edge

Beloit, Wisconsin, United States

River’s Edge is a studio foundry that manufactures and distributes limited-edition bronze and silver sculpture to customers worldwide, including fine art galleries, institutions, private collectors, and civic organizations. Subjects vary greatly from nature-inspired concepts to portraiture. River's Edge was formed in 2008 and is based in Beloit, Wisconsin.

Buy -