Investment Summary |
|
|---|---|
| Date | 2022-06-15 |
| Target | McIntosh Group |
| Sector | Electronics |
| Investor(s) |
Highlander Partners
NMP Capital |
| Sellers(s) |
Mercurio Capital Partners
LBO France Omnes Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Lincoln International (Financial) Shearman & Sterling (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Highlander Partners LP is a private equity firm focuses on making both direct private equity and mezzanine investments in companies located in US and Europe. The firm seeks to target to invest in small and mid-size private companies with strong management teams, fundamentally strong operations and positive cash flows. HP looks to invest $10 to $50 million as an equity and $10 to $25 million in mezzanine financing in companies with revenues of $10 to $500 million and enterprise value up to $100 million. Specific areas of interest include manufacturing, food, healthcare products and services, and healthcare IT, retail and building materials. Types of transaction include buyouts, growth capital, divestitures, consolidation and recapitalization. Highlander Partners LP was formed in 2004 and is based in Dallas, Texas with additional office in Warszawa, Poland.
| DEAL STATS | # |
|---|---|
| Overall | 45 of 49 |
| Sector: Electronics M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 6 of 8 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 31 of 35 |
| Year: 2022 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-06 |
Rotometal
Świebodzin, Poland Rotometal is a manufacturer of precise tools for the printing and label industry. Rotometal flagship products are bespoke magnetic and print cylinders for flexographic printing machines. The company has a recognized brand and operates in its market segments with exceptional quality and high efficiency. Rotometal is based in Świebodzin, Poland. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-01 |
Twitchell
Dothan, Alabama, United States Twitchell is a manufacturer of fabrics and yarns for outdoor furniture. Twitchell produces custom specialty technical fibers, fabrics and engineered films to meet exacting performance and design requirements that are inputs in a diverse set of end products. Twitchell was founded in 1922 and is based in Dothan, Alabama. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
NMP Capital is an independent investment firm focused on providing junior capital to a variety of lower middle-market companies in partnership with financial sponsors. NMP looks to commit $20 to $75 million in profitable companies with at least $10 million of EBITDA. NMP will consider opportunities in a wide range of industries including distribution, manufacturing, healthcare, and consumer. NMP Capital was formed in 2000 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 88 of 90 |
| Sector: Electronics M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 30 of 31 |
| State: New York M&A | 5 of 5 |
| Country: United States M&A | 85 of 87 |
| Year: 2022 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-02 |
West Star Aviation
East Alton, Illinois, United States West Star Aviation is an independent maintenance, repair, and overhaul (MRO) provider that offers comprehensive services. The company’s extensive capabilities encompass airframe maintenance, paint, interior, and avionics services, supported by the largest Aircraft On Ground (AOG) technician network in the country, ensuring prompt and reliable mobile repair services nationwide. West Star Aviation was founded in 1952 and is based in East Alton, Illinois. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-22 |
United Poly Systems
Springfield, Missouri, United States United Poly Systems is a manufacturer of made-to-order high-density polyethylene (“HDPE”) pipe for a variety of infrastructure applications. The company product offering is commonly used in the Telecommunications, Power Utility, Electrical, CATV, Sewer, Potable Water, and Oil/Gas collection industries. United Poly Systems was founded in 2011 and is based in Springfield, Missouri. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Size | Small |
| Type | Sector Agnostic |
Mercurio Capital Partners is a New York City-based private equity firm focused on investing in Italian companies. Target areas include high end consumer products (apparel, accessories, cosmetics, food and spirits), manufactured components and machinery (automotive, medical and industrial products), and building products and furnishings (architectural and interior design products). The Firm generally looks for strong brands or innovative products that can benefit from the firm's ability to help develop new distribution channels and accelerate growth.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Electronics M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-13 |
McIntosh Group
New York, New York, United States McIntosh Group is a developer of high-performance audio equipment controlling McIntosh, Audio Research, Sonus Faber and Wadia brands. McIntosh Group is based in New York, New York. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1985 |
| PE ASSETS | 5.4B EUR |
| Size | Mega |
| Type | Sector Agnostic |
LBO France is an independent private equity group focused on acquiring majority stakes in French firms, or companies with French management. LBO France manages several funds, each targeting different types of businesses. The Firm's mid-market fund looks to acquire majority or minority stakes in companies valued from €100 million to €2.5 billion. The mid-market fund generally looks at companies with predictable sales, profits and cash flow, but will also consider businesses with under-utilized assets. LBO France's small cap fund targets majority stakes in smaller, profitable businesses valued from €10 to €100 million, with strong potential for growth or consolidation. In addition to its equity funds, LBO France also invests in real estate and provides LBO loans issued by medium-sized European companies (enterprise value between €150m and €2bn). LBO France was formed in 1985 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 58 |
| Sector: Electronics M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 30 of 33 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-12 |
Astidental di SAbbione
Asti, Italy Astidental di SAbbione, owner of the Bquadro brand, is a distributor of consumables and equipment for the dental sector. Astidental di SAbbione was founded in 1948 and is based in Asti, Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-12 |
Zato
Prevalle, Italy Zato specializes in the engineering and production (with mainly design and assembly activities) of grinding and crushing machines for the recycling and sorting of ferrous and non-ferrous metals. Zato was founded in 1999 and is based in Prevalle, Italy. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 5.7B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Omnes Capital formerly known as Credit Agricole Private Equity (CAPE) is the investment arm of financial services group Credit Agricole. Omnes Capital looks to invest in a range of investment stages and transaction types, including LBO/expansion, venture capital, mezzanine, renewable energy, co-investment, infrastructure, and special situations. The Firm's LBO/expansion group looks to invest €25 to €80 million to support growth initiatives and buyouts of small and mid-cap businesses operating in a variety of industries. Omnes Capital generally invests in businesses operating in France and Italy. Omnes Capital's mezzanine area was formed in 2002 and looks to provide €5 to €30 million of junior capital to similar sized established businesses. In addition to Omnes Capital's traditional equity and subordinated debt investment arm, the Firm also invests in infrastructure projects as well as provides capital for distressed businesses with €10 to €150 million in revenue. Omnes Capital was formed in 2004 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 108 of 118 |
| Sector: Electronics M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 33 of 37 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 6 of 8 |
| Year: 2022 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-09 |
Dispam
Le Pontet, France Dispam is a temperature-controlled transportation company. Dispam was founded in 1970 and is based in Le Pontet, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-01 |
Mistral Informatique
Clermont-Ferrand, France Mistral Group markets an integrated software solution (ERP) dedicated to the market and the business of dealers, renters, resellers of agricultural equipment and construction equipment. The group consists of two entities, Mistral Informatique (publisher of software and mobility applications) and Mistral DataCenter (hosting and outsourcing services). Groupe Mistral was formed in 1980 and is based in Clermont-Ferrand, France. |
Sell | - |
