M&A Deal Summary |
|
|---|---|
| Date | 2012-12-17 |
| Target | Center Manufacturing |
| Sector | Automotive |
| Buyer(s) | MEC |
| Sellers(s) |
Industrial Opportunity Partners
Patriot Capital |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1945 |
| Sector | Manufacturing |
| Employees | 2,200 |
| Revenue | 582M USD (2024) |
MEC manufactures, coats, and assembles a broad range of products, from simple to the very complex. Our expertise begins with a strong core competency in design for manufacturability. Working closely with OEMs, our engineers drive cost out at the most critical moment of a product's life, the initial design. The focus is on designing high-quality parts and components at the lowest total cost. MEC was founded in 1945 and is headquartered in Milwaukee, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 4 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 1 of 4 |
| Year: 2012 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-17 |
Defiance Metal Products
Defiance, Ohio, United States Defiance Metal Products, Inc. is a full-service, precision manufacturer of low- to medium-volume, complex, engineered components and assemblies for the commercial vehicle market. Defiance serves original equipment manufacturers in the medium to heavy duty commercial truck, bus, military vehicle and commercial construction equipment markets. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Industrial Opportunity Partners is a private equity firm focused on acquiring and managing middle-market manufacturing and value-added distribution businesses. IOP looks to invest $15 to $100 million in companies with revenues between $50 and $500 million with an EBITDA of $5 to $50 million. Sectors of interest include building products, electronics, foundry, and casting products, precision machining, stamped and fabricated products, automotive components and steel/metal processing. IOP has a particular investment focus on enhancing the operations and optimizing the cost structures of businesses. Industrial Opportunity Partners was formed in 2005 and is based in Evanston, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 23 |
| Sector: Automotive M&A | 1 of 6 |
| Type: Add-on Acquisition M&A Deals | 3 of 15 |
| State: Michigan M&A | 1 of 2 |
| Country: United States M&A | 4 of 21 |
| Year: 2012 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-10-16 |
Gulf Coast Machine & Supply Co.
Beaumont, Texas, United States Gulf Coast Machine & Supply Co. is a manufacturer of large forgings for use in the oil and gas, petrochemical, wind energy, and general industrial markets. Gulf Coast Machine & Supply was founded in 1919 and is based in Beaumont, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-31 |
Betty Machine
Hendersonville, Tennessee, United States Betty Machine is a manufacturer of close-tolerance parts primarily for automotive applications. Betty Machine is based in Hendersonville, Tennessee. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Size | Large |
| Type | Sector Agnostic |
Patriot Capital is a private investment firm that provides equity and junior capital to support acquisitions, growth capital financings, management buyouts, and recapitalizations of middle-market companies. The Firm looks to invest $5 to $25 million in businesses generating revenues of $10 to $200 million. Areas of interest include business and consumer services, consumer products, niche manufacturing and distribution, education, e-commerce, application software, transportation, and telecom services. Patriot focuses its investment activity with the Mid-Atlantic, Midwest, and Southern areas of the US. Patriot Capital is based in Baltimore, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 55 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 8 of 32 |
| State: Michigan M&A | 1 of 3 |
| Country: United States M&A | 11 of 55 |
| Year: 2012 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-12 |
Airco
Punta Gorda, Florida, United States Airco is a provider of a broad range of plant maintenance and repair services to Power Plants and Industrial manufacturers. Airco operates in three verticals, Industrial Services, Power Services, and Welding Services, each led by industry-experienced senior managers. Airco was founded in 1994 and is based in Punta Gorda, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-19 |
Custom Control Concepts
Kent, Washington, United States Custom Control Concepts, Inc. is a designer and manufacturer of cabin management and in-flight entertainment systems for luxury, corporate, and VVIP aircraft. |
Buy | - |
