M&A Deal Summary |
|
|---|---|
| Date | 2021-04-19 |
| Target | Nortek Air Solutions |
| Sector | Manufacturing |
| Buyer(s) | Madison Industries |
| Sellers(s) | Melrose Industries |
| Deal Type | Divestiture |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| Size | Large |
| Type | Sector Focused |
Madison Industries is a privately held investment holding firm that targets growth investments in and acquisitions of industrial manufacturing companies. Madison prefers businesses with a defensible market niche, established technology, and significant cash-flow growth potential. Madison will also consider turnaround situations. Target opportunities generally have sales between $50 million and $2 billion. Madison Industries is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 47 |
| Sector (Manufacturing) | 11 of 12 |
| Type (Divestiture) | 16 of 17 |
| State (Oklahoma) | 2 of 2 |
| Country (United States) | 35 of 39 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-18 |
Heatex
Malmo, Sweden Heatex engages in the development and production of air-to-air heat exchangers for building ventilation and for cooling electronic equipment in the IT, telecom and energy industries. Heatex was founded in 1987 and is based in Malmo, Sweden. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-12 |
UV Resources
Santa Clarita, California, United States UV Resources helps disinfect airstreams, mitigate disease transmission, and kill microbial contaminants that impede HVAC efficiency. UV Resources was founded in 2005 and is based in Santa Clarita, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Machinery |
| Employees | 13,492 |
| Revenue | 3.0B GBP (2022) |
Melrose is a buyer good manufacturing businesses with strong fundamentals whose performance can be improved. Melrose finances its acquisitions using a low level of leverage, improves the businesses by a mixture of investment and changed management focus, sells them and returns the proceeds to shareholders. Melrose Industries was founded in 2003 and is based in London, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 12 |
| Sector (Manufacturing) | 3 of 3 |
| Type (Divestiture) | 10 of 12 |
| State (Oklahoma) | 2 of 2 |
| Country (United States) | 6 of 8 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-29 |
GKN
Redditch, United Kingdom GKN is a global engineering company. Known for its expertise in advanced manufacturing, GKN specializes in designing, manufacturing, and supplying innovative components and systems for the automotive, aerospace, and industrial markets. Its extensive product portfolio includes driveline technologies, electric drivetrains, lightweight structures, aerospace systems, and power management solutions. GKN is based in Redditch, United Kingdom. |
Buy | £8.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-05 |
Nortek Control
Carlsbad, California, United States Nortek Control is a developer of technology for security, home automation, control, power, AV and entertainment, access control, health, and artificial intelligence (AI) systems for residential and commercial markets. Nortek Control was founded in 1961 and is based in Carlsbad, California. |
Sell | $285M |
