M&A Deal Summary |
|
|---|---|
| Date | 2023-01-25 |
| Target | Storage Solutions |
| Sector | Real Estate |
| Buyer(s) | Jungheinrich |
| Sellers(s) |
MFG Partners
Merit Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 375M USD |
| Advisor(s) | Robert W. Baird & Co., Inc. (Financial) Goodwin Procter (Legal) |
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| Category | Company |
|---|---|
| Founded | 1953 |
| Sector | Machinery |
| Employees | 20,871 |
| Revenue | 5.5B EUR (2023) |
Jungheinrich is a provider of intralogistics solutions, Jungheinrich has been advancing the development of innovative and sustainable products and solutions for material flows. Jungheinrich was founded in 1953 and is based in Hamburg, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Real Estate) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
MFG Partners acquires controlling stakes in founder and family-owned industrial, manufacturing, distribution, and business services companies valued from $25 to $100 million. MFG will consider opportunities throughout North America and looks to collaborate with existing company leadership to identify and execute on growth opportunities and operational initiatives. MFG Partners was formed in 2016 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Real Estate) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-17 |
CST Utilities
Grove city, Ohio, United States CST Utilities is a turnkey infrastructure service company providing a range of complementary underground services including excavation, boring, drain cleaning, and other pumping services to public utilities, telecom providers, and other businesses. CST Utilities was founded in 1969 and is based in Grove city, Ohio. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Merit Capital Partners is a private investment firm that targets investments in middle market manufacturing, distribution, and service based businesses. Merit looks for companies generating at least $25 million in sales and at least $4 million in EBITDA. Merit can provide both equity and junior capital financing and looks to commit at least $15 million per transaction. Prospective transaction situations include management buyouts, recapitalizations, growth financings, divestitures, unsponsored transactions, and ESOPs. Merit Capital will not invest in start-ups, turnarounds, real estate, specialty retail, or oil/gas opportunities. Merit Capital was originally known as William Blair Mezzanine Capital and became independent in 2004. Merit was formed in 1993 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 52 |
| Sector (Real Estate) | 1 of 1 |
| Type (Add-on Acquisition) | 27 of 27 |
| State (Indiana) | 2 of 2 |
| Country (United States) | 51 of 51 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-07 |
Good Giant
Mobile, Alabama, United States Good Giant provides comprehensive marketing services with a focus on casino resorts, as well as select brands in consumer packaged goods, finance and tech. Good Giant was founded in 1977 and is based in Mobile, Alabama. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-23 |
Circuit Check
Maple Grove, Minnesota, United States Circuit Check is a provider of electronic test equipment and services to OEMs and contract manufacturers in the technology, medical and industrial and markets. Circuit Check was founded in 1979 and is based in Maple Grove, Minnesota. |
Buy | - |
