M&A Deal Summary |
|
|---|---|
| Date | 2022-06-23 |
| Target | Seaway Plastics Engineering |
| Sector | Plastics |
| Buyer(s) | Intermediate Capital Group |
| Sellers(s) | Tonka Bay Equity Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 74.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 284 of 294 |
| Sector: Plastics M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 111 of 115 |
| State: Florida M&A | 1 of 2 |
| Country: United States M&A | 18 of 19 |
| Year: 2022 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-23 |
Löwen Play
Bingen, Germany Löwen Play is a gaming arcade operator. Löwen Play operates around 240 amusement arcades that provide gaming, sports, and amusement machines. Löwen Play was founded in 1949 and is based in Bingen, Germany. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-30 |
Doc Generici
Milan, Italy Doc Generici provides drugs for the treatment of common medical conditions with a broad product portfolio and a strong presence in areas including cardiovascular, gastrointestinal/metabolism and neurological treatments. Doc Generici operates an asset-light model and benefits from a consolidated network of suppliers. Doc Generici was founded in 1996 and is based in Milan, Italy. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 560M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Tonka Bay Equity Partners is a Midwest US-based private equity firm that targets control and non-control investments in manufacturing, business services, and value-added distribution companies with at least $2 million of EBITDA. Tonka Bay will consider a variety of transaction situations, including management buyouts, shareholder liquidity events, recapitalizations, and expansions. Tonka Bay Equity Partners was formed in 1998 and is based in Minnetonka, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 24 |
| Sector: Plastics M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 11 of 11 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 22 of 24 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-26 |
Professional
Vancouver, Washington, United States Professional delivers value-added accounts receivable management services to their healthcare, governmental, and utilities client base. The company combines innovative proprietary technology, industry-leading compliance, and best-in-class customer service. Professional was formed in 1933 and is based in Vancouver, Washington. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-30 |
Standard Locknut
Westfield, Indiana, United States Standard Locknut is a manufacturer of specialized bearing accessories and also provides contract machining services. Standard Locknut was founded in 1948 and is based in Westfield, Indiana. |
Buy | - |