M&A Deal Summary |
|
|---|---|
| Date | 2005-02-15 |
| Target | Phoenix Scientific |
| Sector | Manufacturing |
| Buyer(s) | Ivax |
| Sellers(s) |
Crescent Capital Group
Ridgemont Equity Partners Leonard Green & Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 196M USD |
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| Category | Company |
|---|---|
| Sector | Life Science |
| Employees | 8,175 |
| Revenue | 1.2B USD (2002) |
Ivax Corp. is a develops, manufactures, and markets branded and brand equivalent (generic) pharmaceuticals and veterinary products.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-06-01 |
Polfa Kutno S.A.
Kutno, Poland Polfa Kutno, S.A. is a producer and marketer of prescription medicines and Over The Counter (OTC) drugs. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Crescent Capital is a provider of debt securities to middle-market companies. Crescent looks to issue senior bank loans, high yield bonds, mezzanine debt and distressed debt to fund a variety of needs. The FIrm's direct lending group looks to provide $10 to $30 million to sponsor-backed companies that generate $5 to $35 million of EBITDA. Crescent's mezzanine practice typically provides junior capital to support buyouts, recapitalizations, and refinancings. Crescent Capital was formed in 1991 and was originally known as TCW/Crescent Mezzanine. The Firm has offices in Los Angeles, Boston, New York, and London.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 47 |
| Sector (Manufacturing) | 2 of 5 |
| Type (Add-on Acquisition) | 4 of 19 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 6 of 40 |
| Year (2005) | 1 of 7 |
| Size (of disclosed) | 18 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-30 |
Cincinnati Bell
Cincinnati, Ohio, United States Cincinnati Bell, Inc. is a provider of integrated communications solutions, including local and long-distance voice, data, high-speed Internet and entertainment services. Cincinnati Bell serves customers in Greater Cincinnati and Dayton. Cincinnati Bell was founded in 1873 and is based in Cincinnati, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-11 |
Nycomed Pharma AG
Zurich, Switzerland Nycomed Pharma AG is a manufacturer, marketer, and promoting a range of Rx and OTC pharmaceutical products in Europe. Nycomed offers hospital products and general practitioner medicines, as well as provides late-stage clinical development, and registration and marketing. Nycomed Pharma AG was established in 1986 and is based in Zurich, Switzerland. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ridgemont Equity Partners is an independent private equity firm specializing in middle-market buy-outs, corporate divestitures, recapitalizations and growth capital investments. The Firm targets to invest in companies located in North America, preferably in US and Canada. REP looks to invest up to $500 million in companies with EBIDTA of $5 - $50 million. The Firm seeks to hold both majority and minority equity interest in portfolio companies. Specific areas of interest include basin industries and services, energy, healthcare, telecommunications, media and technology. Ridgemont Equity Partners is a spun-off of Banc of America Capital Investors (BACI). Ridgemont Equity Partners was formed in August 2010 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 91 |
| Sector (Manufacturing) | 1 of 5 |
| Type (Add-on Acquisition) | 11 of 36 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 18 of 80 |
| Year (2005) | 2 of 6 |
| Size (of disclosed) | 18 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-01-21 |
Celanese
Irving, Texas, United States Celanese is a global technology and specialty materials company. Celanese producer of acetyl products for nearly all major industries, as well as a global producer of high-performance engineered polymers that are used in a variety of high-value applications. The Company's product portfolio serves a diverse set of end-use applications including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. Celanese was incorporated in 1918 and is based in Irving, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-18 |
Rexel
Paris, France Rexel is a distributor of electrical parts and supplies. The Company supplies customers involved in residential, commercial and industrial construction, maintenance and renovation and currently has a network of approximately 1,700 branches in 29 countries, providing over 1.2 million products and related services. Rexel was founded in 1967 and is based in Paris, France. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 75.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Leonard Green & Partners is a mega-sized private equity firm that invests in established companies that are leaders in their respective markets. Leonard Green will consider investments in consumer and business services, consumer products, distribution, media, and retail. Typical transaction values for acquisitions are between $500 million and $2 billion, however, the firm is capable of closing transactions valued up to $5 billion. Types of transactions include public-to-private, recapitalizations of privately held businesses, growth capital, equity capital to facilitate acquisitions, turnarounds/restructurings, and acquisitions of divisions/assets from large corporations. Leonard Green & Partners was formed in 1989 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 54 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 10 |
| State (Iowa) | 1 of 2 |
| Country (United States) | 6 of 51 |
| Year (2005) | 2 of 2 |
| Size (of disclosed) | 13 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-02-09 |
FTD
Downers Grove, Illinois, United States FTD provides floral, specialty foods, gift and related products and services to consumers, retail florists, and other retail locations and companies in need of floral and gifting solutions. FTD's portfolio of brands includes proFlowers, proplants, shari’s berries, personal creations, redEnvelope, cherry moon farms, flying flowers, flowers direct, sesame, ink cards, postagram, and Gifts.com. FTD was founded in 1910 and is based in Downers Grove, Illinois. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-05-02 |
Neiman Marcus
Dallas, Texas, United States Neiman Marcus is a specialty retailer with online and offline operations. The Company's retail stores segment consists primarily of Neiman Marcus, Bergdorf Goodman and Last Call stores. The Online segment conducts both catalog and online operations under the Neiman Marcus, Bergdorf Goodman and Horchow brand names. Neiman Marcus was originally established in 1907 and is headquartered Dallas, Texas. |
Buy | $5.1B |
