M&A Deal Summary |
|
|---|---|
| Date | 2024-03-25 |
| Target | ILC Dover |
| Sector | Manufacturing |
| Buyer(s) | IR |
| Sellers(s) | New Mountain Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.3B USD |
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IR is a manufacturer of highly engineered products, including compressors, liquid ring pumps and blowers for various industrial, medical, environmental, transportation and process applications, pumps used in the petroleum and industrial market segments and other fluid transfer equipment, such as loading arms and dry break couplers, serving chemical, petroleum and food industries. IR was founded in 1859 and is based in Davidson, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 48 |
| Sector (Manufacturing) | 13 of 14 |
| Type (Add-on Acquisition) | 37 of 42 |
| State (Delaware) | 1 of 1 |
| Country (United States) | 25 of 27 |
| Year (2024) | 1 of 6 |
| Size (of disclosed) | 2 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-12 |
Roots
Connersville, Indiana, United States Roots is a provider of rotary positive displacement blowers for wastewater treatment plants and other industrial applications. It also produces robust, heavy-duty bi-lobe and tri-lobe designs that deliver reliable performance with innovative Whispair technology for low noise, and low pulsation compression. Roots was formed in 1854 and is based in Connersville, Indiana. |
Buy | $300M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-03 |
Ethafilter
Sovizzo, Italy Ethafilter produces filters and filter elements that can be used with all major brands in the compressed air sector. The company's products include standard filters, sterile filters, high-pressure filters, refrigerated air dryers, absorption dryers, condensate treatment, and nitrogen generators. Ethafilter is based in Sovizzo, Italy. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 35.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 44 of 45 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Add-on Acquisition) | 22 of 22 |
| State (Delaware) | 1 of 1 |
| Country (United States) | 41 of 42 |
| Year (2024) | 1 of 2 |
| Size (of disclosed) | 4 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-15 |
Grant Thornton
Chicago, Illinois, United States Grant Thornton is an accounting, tax and management-consulting firm focused on mid-sized US-based businesses. Grant Thornton was founded in 1924 and is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-02 |
Rawlings
La Grange, Kentucky, United States Rawlings is a technology-enabled coverage analytics provider that delivers savings for its health insurance clients by identifying liable third parties responsible for paying medical claims across its subrogation, coordination of benefits, and drug claim payment integrity offerings. Rawlings was formed in 1977 and is based in La Grange, Kentucky. |
Buy | - |
