M&A Deal Summary |
|
|---|---|
| Date | 2008-06-30 |
| Target | MP Pumps |
| Sector | Manufacturing |
| Buyer(s) |
Lionheart Ventures
Spring Capital Partners |
| Sellers(s) | Tecumseh Products Company |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| Size | Small |
| Type | Sector Agnostic |
Lionheart Ventures is a private equity group focused on acquiring and developing middle-market manufacturing companies. Lionheart looks for profitable businesses with $5 to $50 million in sales and EBITDA of $1 to $10 million. Specific areas of interest include niche industrial manufacturers, engineered product companies, sensors and controls, precision mechanical components, automotive, aerospace/defense, and pumps/valves/mixers. Lionheart prefers acquisitions with proven management in place, however the Firm also considers situations where a management changeover is needed. Lionheart Ventures was formed in 2004 and has offices near Philadelphia and Boston.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Manufacturing M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-01 |
A-1 Machining Co.
New Britain, Connecticut, United States A-1 Machining Co. Inc. is a manufacturer of thinwall, large diameter turbine engine components used in commercial and military aircraft applications and land-based power generation. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-13 |
MP Pumps
Fraser, Michigan, United States MP Pumps, Inc. is a manufacturer of specialty industrial pumps and associated aftermarket parts for use in a variety of industrial end markets. |
Sell | $58M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 600M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Spring Capital Partners is a mezzanine finance provider for small to medium-sized businesses. Spring invests $2 to $20 million, primarily in the form of subordinated debt with equity features in each transaction. The Firm does not have an industry focus. Spring Capital looks for businesses located in the Mid-Atlantic US with revenues between $10 and $150 million. Spring Capital Partners was formed in 1999 and has offices in Baltimore, Maryland and Radnor, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 46 |
| Sector: Manufacturing M&A | 1 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 14 of 46 |
| Year: 2008 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-27 |
Brigham s
Arlington, Massachusetts, United States Brigham's manufactures and distributes premium ice cream sold primarily through supermarkets in the greater Boston area, and operates a chain of Brigham's-branded restaurants. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-24 |
Quantem Aviation Services
Manchester, New Hampshire, United States Quantem Aviation Services, Inc. provides a full range of aviation-related services, including ramp and passenger handling, domestic and international air cargo handling and warehouse services, integrator handling, freighter operations, mail sortation, and ad-hoc passenger and freighter services. Quantem Aviation Services was established in 1992 and is based in Manchester, New Hampshire. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1937 |
| Sector | Manufacturing |
Tecumseh Products Company is a manufacturer of hermetic compressors and related components for refrigeration and air conditioning systems. The Company supplies compressors, condensing units, and heat pumps used in residential, commercial, and industrial cooling applications. Tecumseh Products Company was founded in 1934 and is headquartered in Ann Arbor, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2008 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-23 |
Tecumseh Power Company
Grafton, Wisconsin, United States Tecumseh Power Company is a global manufacturer of engines and transmissions for snow throwers, generators, other lawn and garden, industrial and agricultural applications. |
Sell | $51M |
