M&A Deal Summary

LINTEC Acquires MACtac

On October 24, 2016, LINTEC acquired packaging company MACtac from Platinum Equity for 375M USD

Acquisition Highlights
  • This is LINTEC’s 1st transaction in the Packaging sector.
  • This is LINTEC’s largest (disclosed) transaction.
  • This is LINTEC’s 1st transaction in the United States.
  • This is LINTEC’s 1st transaction in Ohio.

M&A Deal Summary

Date 2016-10-24
Target MACtac
Sector Packaging
Buyer(s) LINTEC
Sellers(s) Platinum Equity
Deal Type Add-on Acquisition
Deal Value 375M USD

Target

MACtac

Stow, Ohio, United States
MACtac LLC is a manufacturer of high-quality pressure-sensitive materials, serving several high-value segments, including graphics, specialty labels and industrial tapes.

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Buyer(S) 1

Buyer

LINTEC

Tokyo, Japan

Category Company
Founded 1927
Sector Packaging
Employees4,246
DESCRIPTION

LINTEC Corp. is a manufacturer and distributor of pressure sensitive labels with operations in the United States, Canada and Mexico. The company’s products are used in a wide range of industries including label printing, graphic design, packaging, digital imaging, retail display, fleet graphics, assembly engineering, automotive assembly, and medical device assembly.


DEAL STATS #
Overall 1 of 3
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Ohio) 1 of 2
Country (United States) 1 of 3
Year (2016) 1 of 3
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-08 Vacuum Depositing

Louisville, Kentucky, United States

Vacuum Depositing, Inc. is a manufacturer of custom Roll to Roll metallizer of evaporative, sputtered and dielectric coatings.

Buy -

Seller(S) 1

SELLER

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 48.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


DEAL STATS #
Overall 47 of 78
Sector (Packaging) 3 of 6
Type (Add-on Acquisition) 27 of 39
State (Ohio) 3 of 6
Country (United States) 40 of 65
Year (2016) 4 of 4
Size (of disclosed) 11 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-24 Elevate Textiles

Greensboro, North Carolina, United States

Elevate Textiles is a global, diversified provider of textile solutions across performance & specialty apparel fabrics, advanced uniform fabrics, technical commercial fabrics and engineered automotive components. ITG’s businesses include: Burlington, Cone Denim, Safety Components and Carlisle Finishing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-03 Valpak

Petersburg, Florida, United States

Valpak is a direct marketing service provider. The Business reaches more than 100 million consumers primarily through Valpak "Blue Envelope" household mailers and its digital offering Valpak.com, as well as Savings.com an online provider of digital coupons and promotional codes.

Buy -