M&A Deal Summary |
|
|---|---|
| Date | 2018-10-09 |
| Target | BMG |
| Sector | Machinery |
| Buyer(s) | Industrial Growth Partners |
| Sellers(s) | Tenex Capital Management |
| Deal Type | Secondary Buyout |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 3.4B USD |
| Size | Large |
| Type | Sector Focused |
Industrial Growth Partners (IGP) is a private equity firm that invests in privately held, lower middle-market manufacturing and manufacturing services companies. Specific areas of interest include industrial components and equipment, electrical and electronic equipment, process instrumentation and controls, analytical instruments and measuring devices, filtration and pumps, specialty chemicals, plastics, and healthcare/safety equipment. Prospective transaction situations include management buyouts, leveraged buyouts, corporate divestitures, recapitalizations, management buy-ins, and growth capital financings. Target companies typically are profitable and have annual revenues up to $250 million. IGP was formed in 1997 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 43 |
| Sector (Machinery) | 6 of 7 |
| Type (Secondary Buyout) | 15 of 19 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 33 of 42 |
| Year (2018) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-20 |
Grakon
Seattle, Washington, United States Grakon LLC is a designer and manufacturer of highly-engineered and customized lighting systems and components for transportation markets. Grakon was founded in 1977 and is based in Seattle, Washington. |
Sell | $420M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-13 |
EPSII
Maryland Heights, Missouri, United States EPSII is a provider of outsourced electrical engineering, testing, repair, and maintenance services. EPS focuses on highly technical testing and engineering services that occur in electrical substations covering a broad range of equipment including protective relay and control systems, breakers, transformers, batteries, and switchgear. EPSII is founded in 1977 and headquartered in Maryland Heights, Missouri. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Tenex Capital Management is a private investment group focused on acquiring control positions in profitable North American companies with $3 to $40 million of EBITDA. The Firm does not have any sector preferences and looks to commit up to $125 million per transaction. Tenex Capital Management was formed in 1999 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 24 |
| Sector (Machinery) | 3 of 3 |
| Type (Secondary Buyout) | 5 of 9 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 9 of 24 |
| Year (2018) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-05 |
BeneSys
Troy, Michigan, United States BeneSys is a provider of third-party administration (TPA) services for employee healthcare and pension benefit programs for Taft-Hartley multiemployer plans. BeneSys was founded in 1979 and is based in Troy, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-13 |
Big Bolt
Bloomingdale, Illinois, United States Big Bolt is a manufacturer of specialty fasteners with best-in-class responsiveness, turnaround times, and quality assurance. Through its comprehensive in-house manufacturing capabilities, Big Bolt is capable of manufacturing non-standard fasteners in lengths of up to or greater than 30-inches with a 0.25-inch to 3.5-inch diameter with high-quality assurance. Big Bolt maintains a large stock of material and finished products in order to fulfill emergency orders in market-leading turnaround times. Big Bolt was founded in 1977 and is based in Bloomingdale, Illinois. |
Buy | - |
