M&A Deal Summary |
|
|---|---|
| Date | 2020-07-22 |
| Target | AM General |
| Sector | Automotive |
| Buyer(s) | KPS Capital Partners |
| Sellers(s) |
Renco Group
MacAndrews & Forbes |
| Deal Type | Secondary Buyout |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 13.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
KPS Capital Partners is a private investment firm that targets special situations including turnarounds, restructurings, bankruptcies, and corporate divestitures. KPS' target investment size is $100 million to $1 billion in businesses with minimum revenues of $250 million. The Firm has specific interest in companies engaged in the manufacturing, transportation, and service industries. KPS will not consider investments in high technology, financial services, telecommunications, broadcast media, real estate and natural resources. The Firm's geographic coverage spans the US, Canada, and Europe. KPS Capital Partners was formed in 1991 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 53 |
| Sector (Automotive) | 7 of 7 |
| Type (Secondary Buyout) | 5 of 10 |
| State (Indiana) | 2 of 2 |
| Country (United States) | 34 of 40 |
| Year (2020) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-20 |
Briggs & Stratton
Wauwatosa, Wisconsin, United States Briggs & Stratton is a producer of gasoline engines for outdoor power equipment, and is a designer, manufacturer and marketer of power generation, pressure washer, lawn and garden, turf care and job site products through its Briggs & Stratton, Simplicity, Snapper, Ferris, Vanguard, Allmand, Billy Goat, Murray, Branco, and Victa brands. Briggs & Stratton products are designed, manufactured, marketed, and serviced in over 100 countries on six continents. Briggs & Stratton was formed in 1908 and is based in Milwaukee, Wisconsin. |
Buy | $550M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-23 |
Hussey Copper
Leetsdale, Pennsylvania, United States Hussey Copper is a manufacturer of copper bus bars and other copper products in the United States. With a fully integrated mill, the company provides a wide range of flat-rolled copper products for the electrical distribution, industrial and residential construction markets. Through its locations in Leetsdale, PA, and Eminence, KY, Hussey is vertically integrated to capitalize on the trend towards outsourced fabrication. As a fully integrated producer, Hussey manufactures its products by melting and casting its copper to provide the finished product or component part. Hussey produces a wide range of copper and, to a lesser extent, copper-nickel products. Hussey Copper was founded in 1848 and is based in Leetsdale, Pennsylvania. |
Buy | - |
| Category | Family Office |
|---|---|
| Founded | 1975 |
| Size | Middle-Market |
| Type | Sector Agnostic |
The Renco Group, Inc. is a family owned, private holding company that makes long term investments in companies across a range of industries. Sectors of interest include mining, mineral recovery, metals fabrication, defense, and automotive supply. Renco was formed in 1975 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Automotive) | 2 of 2 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-16 |
Inteva Products
Troy, Michigan, United States Inteva Products is a supplier of interior systems, closure systems, roof systems, and motors and electronics for leading OEMs around the globe. Inteva Products is based in Troy, Michigan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-09 |
Renfro Brands
Mount Airy, North Carolina, United States Renfro Brands is a global manufacturer, designer, distributor, and marketer of legwear products. The Company provides a full line of branded and private label legwear products and is the licensee for leading brands such as Fruit of the Loom, Dr. Scholl’s, Polo/Ralph Lauren, Chaps, Carhartt, Russell, New Balance, Keds, Sperry, Vera Bradley, and Merrell. We also design, manufacture, market, and distribute our owned brands including K. Bell, Copper Sole, and Hot Sox. Renfro Brands was founded in 1921 and is based in Mount Airy, North Carolina. |
Buy | - |
MacAndrews & Forbes Incorporated owns and operates a diverse array of businesses, tapping into the broad expertise of its management team to support the delivery of best in class products and services to end users and consumers all over the world. MacAndrews & Forbes’ businesses span a wide range of industries, from global leaders in cosmetics and digital entertainment to biotechnology and military equipment.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector (Automotive) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Indiana) | 1 of 1 |
| Country (United States) | 8 of 8 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-04 |
Scantron
Eagan, Minnesota, United States Scantron is a technology and services-driven company that empowers growth through intelligent, mission-critical assessment, technology, and data capture solutions for business, education, certification, and government clients around the world. Scantron was founded in 1972 and is based in Eagan, Minnesota. |
Sell | - |
