M&A Deal Summary

Manulife Investment Management Acquires Shape Technologies Group

On January 1, 2013, mezzanine finance firm Manulife Investment Management acquired machinery company Shape Technologies Group

Acquisition Highlights
  • This is Manulife Investment Management’s 2nd transaction in the Machinery sector.
  • This is Manulife Investment Management’s 16th transaction in the United States.
  • This is Manulife Investment Management’s 1st transaction in Washington.

M&A Deal Summary

Date 2013-01-01
Target Shape Technologies Group
Sector Machinery
Buyer(s) Manulife Investment Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Shape Technologies Group

Kent, Washington, United States
Shape Technologies Group is a designer, developer, and manufacturer of ultrahigh-pressure waterjet pumps and related technology, metal cutting and industrial cleaning systems, and aftermarket components. Shape Technologies Group was founded in 2013 and is based in Kent, Washington.

Search 200,500 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

Manulife Investment Management

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1998
Size Large
Type Sector Agnostic
DESCRIPTION

Manulife Investment Management is a private investment group that provides mezzanine as well as non-controlling equity capital to middle-market businesses. Manulife Investment's target investment size is $10 to $50 million per transaction. The Group prefers opportunities located in the US. Manulife Investment Management was established in 1998 and maintains offices in Boston and New York City.


DEAL STATS #
Overall 17 of 26
Sector (Machinery) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 8 of 11
State (Washington) 1 of 1
Country (United States) 16 of 24
Year (2013) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-01 Dexter Axle

Elkhart, Indiana, United States

Dexter Axle Co., Inc. is a designer and manufacturer of trailer axle, brake and suspension assemblies and related replacement parts used primarily in the industrial and utility trailer.

Buy $360M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-26 Nellson Nutraceutical

Irwindale, California, United States

Nellson Nutraceutical is a formulator of branded and private-label nutritional bar and functional powder products in North America. The company develops and manufactures nutritional bars and functional powders in a wide variety of ingredient formulations and product formats for its customer base of consumer packaged goods companies and retailers across the wellness, sports nutrition, weight control, athletic/energy, and medical nutrition end-markets.

Buy -