M&A Deal Summary |
|
|---|---|
| Date | 2015-10-05 |
| Target | Wolverine Advanced Materials |
| Sector | Automotive |
| Buyer(s) | ITT |
| Sellers(s) |
Wynnchurch Capital
Goldman Sachs Merchant Banking |
| Deal Type | Add-on Acquisition |
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ITT is a manufacturer of engineered critical components and customized technology solutions for growing industrial end-markets in energy infrastructure, electronics, aerospace, and transportation. ITT was founded in 1920 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 37 |
| Sector (Automotive) | 1 of 1 |
| Type (Add-on Acquisition) | 16 of 21 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 18 of 21 |
| Year (2015) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-01 |
Hartzell Aerospace
Valencia, California, United States Hartzell Aerospace is a manufacturer of highly-engineered components and solutions for aerospace environmental control systems on a wide range of high-growth, next-generation aircraft platforms. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-04 |
AXTONE Sp. z o.o.
Kanczuga, Poland AXTONE Sp. z o.o. is a manufacturer of buffers and draw-gear devices for all types of rail vehicles. |
Buy | $118M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 9.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Wynnchurch Capital is a private equity firm focused on middle-market company investments in the US and Canada. Wynnchurch looks to commit $50 to $750 million of equity per platform. Sectors of interest include manufacturing, business services, logistics, energy and power services, and value-added distribution. Prospective transaction types include management buyouts, recapitalizations, corporate carve-outs, restructurings, turnarounds and growth capital situations. Wynnchurch Capital was formed in 1999 and is based in Rosemont, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 36 |
| Sector (Automotive) | 4 of 7 |
| Type (Add-on Acquisition) | 3 of 12 |
| State (Michigan) | 4 of 6 |
| Country (United States) | 10 of 29 |
| Year (2015) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-07 |
Latham International
Latham, New York, United States Latham International, Inc. is a manufacturer of pool components and accessories in North America. The Company’s product offering includes in-ground vinyl pool liners, above-ground vinyl pool liners, polymer and steel pool wall systems, fiberglass pools, steps and ladders, pool safety covers, and other pool related accessories. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-08 |
Carson Air
Kelowna, British Columbia, Canada Carson Air is a provider of fixed-wing air ambulance services. The company provides fixed-wing air ambulance services, air cargo services, and operates a flight school. Carson Air was founded in 1990 and is based in Kelowna, British Columbia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 64 of 110 |
| Sector (Automotive) | 3 of 4 |
| Type (Add-on Acquisition) | 17 of 37 |
| State (Michigan) | 2 of 4 |
| Country (United States) | 46 of 78 |
| Year (2015) | 9 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-29 |
LLamasoft
Ann Arbor, Michigan, United States LLamasoft software helps organizations worldwide design and improve their supply chain operations. LLamasoft solutions enable companies across a wide range of industries to model, optimize and simulate their supply chain network, leading to major improvements in cost, service, sustainability and risk mitigation. Headquartered in Ann Arbor, Michigan, LLamasoft is a leader in supply chain excellence and innovation, advancing technology focused on continuous improvement of enterprise supply chains for the world’s largest organizations. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-13 |
DNA Diagnostics Center
Fairfield, Ohio, United States DNA Diagnostics Center is a provider of private DNA testing services for paternity and other family relationships, forensics, cell line authentication, and ancestry. DDC provides products approved by the FDA and EMA, and is accredited by the American Association of Blood Banks (AABB), The Ministry of Justice, The College of American Pathologists (CAP), and The Clinical Laboratory Improvement Amendment (CLIA). DNA Diagnostics Center was founded in 1995 and is based in Fairfield, Ohio. |
Buy | $110M |
