M&A Deal Summary

LV2 Equity Partners Acquires Cast Aluminum Solutions

On February 1, 2010, private equity firm LV2 Equity Partners acquired electrical equipment company Cast Aluminum Solutions from Watlow

Acquisition Highlights
  • This is LV2 Equity Partners’ 1st transaction in the Electrical Equipment sector.
  • This is LV2 Equity Partners’ 2nd transaction in the United States.
  • This is LV2 Equity Partners’ 1st transaction in Illinois.

M&A Deal Summary
Date 2010-02-01
Target Cast Aluminum Solutions
Sector Electrical Equipment
Buyer(s) LV2 Equity Partners
Sellers(s) Watlow
Deal Type Divestiture

Target

Cast Aluminum Solutions

Batavia, Illinois, United States
Cast Aluminum Solutions is a thermal solutions supplier specializing in the design and manufacture of standard and custom aluminum cast heated parts. Cast Aluminum Solutions is based in Batavia, Illinois.

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Buyer(S) 1

Buyer

LV2 Equity Partners

Midland, Michigan, United States

Investor Investor Investor

Category Private Equity Firm
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

LV2 Equity Partners, LLC is a private equity firm focused on acquiring controlling interests in niche manufacturers, value-added distributors and specialty service companies. LV2 seeks companies with $10 to $50 million in revenue and $100k to $5 million in EBITDA. The Firm has a preference for opportunities in the Midwest, however will consider transactions nationally. LV2 Equity is based in Midland, Michigan.

DEAL STATS #
Overall 2 of 4
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 4
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-12 Nex Solutions

Litchfield, Michigan, United States

Nex Solutions operates as a steel fabricator that provides engineering, steel fabrication, welding, assembly, powder coating, and warehousing services. Nex Solutions was founded in 2004 and is based in Litchfield, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-11 Auto-Lab Complete Car Care Centers

Bloomfield Hills, Michigan, United States

Auto-Lab Complete Car Care Centers is an automotive repair service center with franchise offerings in five states Strategically positioned as the dealer alternative for full-service automotive repair. Auto-Lab Complete Car Care Centers was founded in 1989 and is based in Bloomfield Hills, Michigan.

Buy -

Seller(S) 1

SELLER

Watlow

Saint Louis, Missouri, United States
Category Company
Founded 1922
Sector Electrical Equipment
DESCRIPTION

Watlow is a provider of innovative thermal products and systems. The company designs and manufactures electric heaters and temperature sensors and controls that are used in a wide variety of industries, including semiconductor capital equipment, energy and environmental technologies, medical, foodservice and refrigerated transportation. Watlow was founded in 1922 and is based in Saint Louis, Missouri.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-23 Yarbrough Solutions Worldwide

Rockwall, Texas, United States

Yarbrough Solutions Worldwide is a semiconductor equipment solutions provider that services semiconductor fabrication companies globally by developing, installing and servicing high-performance solutions at its customer’s fabrication plants. Yarbrough Solutions Worldwide was founded in 1973 and is based in

Buy -
Mergr

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