M&A Deal Summary |
|
|---|---|
| Date | 2023-02-01 |
| Target | Batesville |
| Sector | Consumer Services |
| Buyer(s) | LongRange Capital |
| Sellers(s) | Hillenbrand |
| Deal Type | Divestiture |
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Long Range Capital is a private equity firm focused on middle-market companies headquartered in Europe or North America. Sectors of interest include food service, consumer products, packaging, information services, and industrial technology. The Firm seeks to invest $50 to $400 million in companies with minimum revenue of $200 million. Prospective transaction situations include divestitures, family owned businesses, restructurings, joint ventures, and underperforming companies. Long Range Capital was founded in 2019 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Consumer Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 2 |
| State: Indiana M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-25 |
US Synthetic
Orem, Utah, United States US Synthetic is an independent manufacturer of synthetic diamonds used in oil and gas drill bits. US Synthetic was founded in 1978 and is based in Orem, Utah. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1906 |
| Sector | Machinery |
| Revenue | 3.2B USD (2024) |
Hillenbrand is a diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe. The company's portfolio is composed of two business segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture, and service highly engineered industrial equipment around the world. Hillenbrand was founded in 1906 and is based in Batesville, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector: Consumer Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 5 of 6 |
| State: Indiana M&A | 2 of 2 |
| Country: United States M&A | 5 of 6 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-20 |
Linxis Group
Nantes, France Linxis Group is a manufacturer of industrial equipment for the production of food, pharmaceutical, and cosmetic products. Linxis Group consists of six companies within their respective markets, designing, engineering, manufacturing, and installing equipment for food, cosmetics, and pharmaceutical production lines. Linxis Group was founded in 1988 and is based in Nantes, France. |
Buy | €572M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-24 |
Schenck Process Food and Performance Materials
Kansas City, Missouri, United States Schenck Process Food and Performance Materials (FPM) specializes in the design, manufacturing, and service of feeding, filtration, baking, and material handling technologies and systems. Schenck Process Food and Performance Materials is based in Kansas City, Missouri. |
Buy | $7.3B |
