M&A Deal Summary

Huizenga Group Acquires Parkway

On December 1, 2002, private equity firm Huizenga Group acquired electrical equipment company Parkway

Acquisition Highlights
  • This is Huizenga Group’s 1st transaction in the Electrical Equipment sector.
  • This is Huizenga Group’s 6th transaction in the United States.
  • This is Huizenga Group’s 5th transaction in Michigan.

M&A Deal Summary

Date 2002-12-01
Target Parkway
Sector Electrical Equipment
Buyer(s) Huizenga Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Parkway

Holland, Michigan, United States
Parkway provides a full range of electrical contracting and communications services to its customers. Parkway provides comprehensive electrical, communications, controls, and audiovisual services. Parkway was founded in 1945 and is based in Holland, Michigan.

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Buyer(S) 1

DESCRIPTION

Huizenga Group is a private investment holding firm focused on acquiring smaller manufacturing and business services companies with at least $10 million of revenue. Huizenga has a special interest in value additive businesses operating in defensible niches. Huizenga will not invest in retail, distribution, technology, real estate, or restaurants. Huizenga Group was established in 1985 and is based in Grand Rapids, Michigan.


DEAL STATS #
Overall 6 of 11
Sector (Electrical Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 6 of 11
State (Michigan) 5 of 9
Country (United States) 6 of 11
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-01 Datum Industries

Grand Rapids, Michigan, United States

Datum Industries LLC engineers, designs and manufactures medium to large line dies, transfer dies, and progressive dies for the automotive industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-04 American Litho

Carol Stream, Illinois, United States

American Litho, Inc. is a full-service commercial printer company offering heatset and non-heatset color web and sheetfed printing as well ad digital prepress, binding, fulfillment and mailing services.

Sell -