M&A Deal Summary |
|
|---|---|
| Date | 2018-11-15 |
| Target | Ixom |
| Sector | Chemicals |
| Buyer(s) | Keppel Infrastructure Trust |
| Sellers(s) | The Blackstone Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 777M AUD |
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| Category | Company |
|---|---|
| Founded | 2007 |
| Sector | Infrastructure |
| Revenue | 2.0B SGD (2023) |
Keppel Infrastructure Trust (KIT) is a diversified business trust listed in Singapore. KIT’s portfolio comprises strategic businesses and assets in the three core segments of Energy Transition, Environmental Services, and Distribution & Storage. These businesses and assets provide essential products and services across a broad range of industries; and generate regular and resilient cash flows, with potential for growth that is supported by favourable long-term market dynamics and demand. Keppel Infrastructure Trust was founded in 2007 and is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Chemicals) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| Country (Australia) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 131.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 124 of 173 |
| Sector (Chemicals) | 6 of 7 |
| Type (Add-on Acquisition) | 45 of 67 |
| Country (Australia) | 2 of 3 |
| Year (2018) | 9 of 13 |
| Size (of disclosed) | 44 of 57 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-23 |
Ulterra Drilling Technologies
Fort Worth, Texas, United States Ulterra Drilling Technologies is an independent supplier of polycrystalline diamond compact drill bits to the oil and gas industry. Ulterra currently has a leading position in many of the most active U.S. onshore oil and gas basins, including the Permian and Eagle Ford, and has a growing presence internationally. Ulterra’s singular focus on PDC drilling technology allows it to deliver the highest level of customer service and customization to producers across a wide range of basins and geological formations, driving industry leading performance and durability. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-16 |
Cylance
Irvine, California, United States Cylance develops artificial intelligence to deliver prevention-first, predictive security products and smart, simple, secure solutions that change how organizations approach endpoint security. Cylance provides full spectrum predictive threat prevention and visibility across the enterprise to combat the most notorious and advanced cybersecurity attacks. With AI-based malware prevention, threat hunting, automated detection and response, and expert security services, Cylance protects the endpoint without increasing staff workload or costs. |
Sell | $1.4B |
