M&A Deal Summary |
|
|---|---|
| Date | 2023-08-07 |
| Target | Worldwide Clinical Trials |
| Sector | Life Science |
| Buyer(s) | Kohlberg & Company |
| Sellers(s) | TJC |
| Deal Type | Secondary Buyout |
| Advisor(s) | Jefferies (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Kohlberg & Company is a private equity firm which acquires middle-market companies with consistent cash flow, and underperforming companies with operational deficiencies. Kohlberg looks to commit $100 to $500 million of equity capital in opportunities valued from $200 million to $2 billion. Kohlberg generally looks for opportunities in the manufacturing and service sectors, however the Firm will also selectively consider businesses in food and healthcare. Kohlberg tends not to consider technology or communications companies. Kohlberg & Company was formed in 1987 and has offices in Mt. Kisco, New York.
| DEAL STATS | # |
|---|---|
| Overall | 78 of 81 |
| Sector: Life Science M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 32 of 35 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 77 of 80 |
| Year: 2023 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-07 |
ENTRUST Solutions
Warrenville, Illinois, United States ENTRUST Solutions is an outsourced provider of comprehensive design, engineering, and consulting services to utilities in the U.S. ENTRUST Solutions offers customers a full spectrum of services with expertise in gas and electric distribution, pipeline infrastructure, automation systems, and integrity management solutions. ENTRUST Solutions is based in Warrenville, Illinois. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-09 |
Engage PEO
Hollywood, Florida, United States Engage PEO provides comprehensive HR solutions to small and mid-sized businesses nationwide, sharpening their competitive advantage. Comprised of the industry’s most respected veteran professional employer organization executives, certified HR professionals and attorneys, Engage PEO provides hands-on, expert HR services and counsel to help clients minimize cost and maximize efficiency for stronger business performance. The company’s superior service offering includes a full range of health and workers’ compensation insurance products, payroll technology and tax administration, risk management services and advanced technology as part of an extensive suite of HR services. Engage PEO was formed in 2011 and is based in Hollywood, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 57 of 61 |
| Sector: Life Science M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 28 of 30 |
| State: North Carolina M&A | 3 of 3 |
| Country: United States M&A | 55 of 59 |
| Year: 2023 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-07 |
ISG
Indianapolis, Indiana, United States ISG provides services and parts to critical-to-process industrial rotating equipment for a diversified blue chip customer base comprised mainly of large industrial, power, paper, and energy companies. ISG was founded in 2018 and is based in Indianapolis, Indiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-21 |
Delrin
Midland, Michigan, United States Delrin is a specialized plastic used in a variety of applications. Delrin is based in Midland, Michigan. |
Buy | $1.8B |
