M&A Deal Summary |
|
|---|---|
| Date | 2017-02-27 |
| Target | Avure Technologies |
| Sector | Machinery |
| Buyer(s) | JBT |
| Sellers(s) | Milestone Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 57M USD |
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JBT is a global technology solutions provider to food processing and air transportation industries. JBT designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT was incorporated in 1994 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 18 |
| Sector (Machinery) | 8 of 13 |
| Type (Add-on Acquisition) | 5 of 15 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 5 of 8 |
| Year (2017) | 1 of 3 |
| Size (of disclosed) | 7 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-03 |
Tipper Tie
Apex, North Carolina, United States Tipper Tie, Inc. is a provider of engineered processing and packaging solutions, and related consumables to the food industry. The company develops a fully automatic rotary packaging machine, upon which vacuum packed bags were positioned and clipped by a specialized Tipper Clipper. |
Buy | $160M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-16 |
Aircraft Maintenance Support Services
Bridgend, United Kingdom Aircraft Maintenance Support Services Ltd. is a privately held manufacturer of military aviation equipment based in the United Kingdom. Company offers a comprehensive support service, including training, maintenance, spares and manuals for all its equipment. |
Buy | £10M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 650M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Milestone Partners is a lower middle-market private equity firm specializing in investments in manufacturing, distribution, and service companies. Milestone looks for businesses valued up to $250 million with EBITDA of $5 to $50 million. The Firm's target revenue size is $10 to $250 million. Milestone prefers companies with growth potential and proven management. The Firm will not invest in businesses in high cyclical industries, with low barriers to entry, or have a high reliance on technology. Milestone Partners was formed in 1995 and is based in Villanova, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 28 |
| Sector (Machinery) | 1 of 2 |
| Type (Add-on Acquisition) | 5 of 11 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 16 of 26 |
| Year (2017) | 2 of 5 |
| Size (of disclosed) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-01 |
Global Connection
Atlanta, Georgia, United States Global Connection Inc. of America is a direct marketing company selling prepaid wireline phone and other services to low-income consumers with poor credit. Global Connection was founded in 1998 and is based in Atlanta, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-13 |
Quintus Technologies AB
Vasteras, Sweden Quintus Technologies is the world’s top manufacturer of isostatic presses. Isostatic presses (IP) apply high pressure from all directions at high temperature or room temperature to press-sinter and form metal, ceramic and carbon materials. The presses are widely applicable in the manufacture of high-performance products, such as aircraft parts, power generation turbine blades and semiconductor materials. It has achieved a strong presence in Europe, United States and China, primarily in the aerospace sector, which is anticipated to grow. |
Sell | $115M |
