M&A Deal Summary

LKCM Headwater Investments Acquires XMEK

On March 31, 2022, private equity firm LKCM Headwater Investments acquired plastics company XMEK from Eriks

Acquisition Highlights
  • This is LKCM Headwater Investments’ 1st transaction in the Plastics sector.
  • This is LKCM Headwater Investments’ 10th transaction in the United States.
  • This is LKCM Headwater Investments’ 6th transaction in Texas.

M&A Deal Summary
Date 2022-03-31
Target XMEK
Sector Plastics
Buyer(s) LKCM Headwater Investments
Sellers(s) Eriks
Deal Type Divestiture

Target

XMEK

DFW Airport, Texas, United States
XMEK is an engineered seals, plastics, gaskets and bearings used in mission-critical products and applications across diverse industries and end markets. XMEK was founded in 1990 and is based in DFW Airport, Texas.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

LKCM Headwater Investments

Investor Investor Investor Investor Investor

Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

LKCM Headwater Investments is a private equity firm that seeks to partner with management teams to build successful companies. The Firm takes an operationally-minded approach and provides companies with the tools necessary to build market leaders with sustainable competitive advantages. LKCM generally pursues platform companies with $50 to $500 million and seeks to commit $5 to $80 million per transaction. Sectors of interest include industrial distribution/services, manufacturing, energy, financial services, and healthcare. LKCM Headwater is based in Fort Worth, Texas.

DEAL STATS #
Overall 10 of 11
Sector (Plastics) 1 of 1
Type (Divestiture) 3 of 3
State (Texas) 6 of 7
Country (United States) 10 of 11
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 LGG Industrial

Pittsburgh, Pennsylvania, United States

LGG Industrial is a provider of fluid handling, sealing, and material conveyance solutions to the North American industrial market. LGG Industrial increase operational efficiencies, prevent downtime, product, industry, and application know-how, while our proactive and value-added services aim to solve problems before they become emergencies. LGG Industrial is based in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-12 Partner Industrial

Houston, Texas, United States

Partner Industrial is a provider of maintenance and facility services to a broad range of processing and industrial markets, including chemical processing, pipeline and terminals, refining, pulp and paper, distribution and logistics, food and beverage, and power generation & utilities. Partner Industrial is based in Houston, Texas.

Buy -

Seller(S) 1

SELLER

Eriks

Utrecht, Netherlands
Category Company
Founded 1940
Sector Engineering
Employees5,000
DESCRIPTION

ERIKS is a leading provider of a wide range of high-quality mechanical engineering components and associated technical and logistics services. Eriks was founded in 1940 and is based in Utrecht, The Netherlands.

DEAL STATS #
Overall 3 of 3
Sector (Plastics) 1 of 1
Type (Divestiture) 3 of 3
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 LGG Industrial

Pittsburgh, Pennsylvania, United States

LGG Industrial is a provider of fluid handling, sealing, and material conveyance solutions to the North American industrial market. LGG Industrial increase operational efficiencies, prevent downtime, product, industry, and application know-how, while our proactive and value-added services aim to solve problems before they become emergencies. LGG Industrial is based in Pittsburgh, Pennsylvania.

Sell -
Mergr

Product

Company

Legal