M&A Deal Summary |
|
|---|---|
| Date | 2020-12-08 |
| Target | Wild Goose Filling |
| Sector | Machinery |
| Buyer(s) | Middleby |
| Sellers(s) | Mangrove Equity Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1888 |
| Sector | Manufacturing |
| Employees | 10,722 |
| Revenue | 4.0B USD (2023) |
Middleby designs, manufactures, markets, distributes, and services a broad line of food service equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling, and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, and dishwashers primarily used in the residential market. Middleby was founded in 1888 and is based in Elgin, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 56 of 73 |
| Sector (Machinery) | 31 of 35 |
| Type (Add-on Acquisition) | 51 of 67 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 36 of 45 |
| Year (2020) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-08 |
Inline Filling Systems
Venice, Florida, United States Inline Filling Systems is a manufacturer of liquid filling and bottling equipment serving the food, pharmaceutical, cosmetic, beverage, and chemical industries. Inline Filling Systems was founded in 1993 and is based in Venice, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-21 |
United Foodservice Equipment Group
Zhuhai, China United Foodservice Equipment Group is a manufacturer of global quality foodservice equipment. United Foodservice Equipment Group was founded in 2001 and is based in Zhuhai, China. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| Size | Small |
| Type | Sector Agnostic |
Mangrove Equity Partners is a lower-middle market private equity firm focused on investing in North American businesses valued from $15 to $75 million. Mangrove generally targets companies operating in basic industries with defensible market positions and solid growth prospects. Sectors of interest include services, manufacturing, and value-added distribution. Prospective businesses typically have revenues up to $100 million and are profitable with at least $2 million of cash-flow. Target transaction types include management buyouts/buy-ins, recapitalizations, industry, consolidations, family successions, and select turnarounds. Mangrove Equity Partners is based in Tampa, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 12 |
| Sector (Machinery) | 2 of 2 |
| Type (Add-on Acquisition) | 9 of 10 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 10 of 11 |
| Year (2020) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-08 |
Inline Filling Systems
Venice, Florida, United States Inline Filling Systems is a manufacturer of liquid filling and bottling equipment serving the food, pharmaceutical, cosmetic, beverage, and chemical industries. Inline Filling Systems was founded in 1993 and is based in Venice, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-04 |
Hi-Lite Airfield Services
Watertown, New York, United States Hi-Lite Airfield Services is a provider of specialized, mission-critical airfield maintenance services throughout North America and the Caribbean. Hi-Lite offers innovative and sustainable maintenance solutions to support airport operations and safety management and to ensure compliance with stringent FAA and ICAO regulations. Hi-Lite Airfield Services was founded in 1989 and is based in Watertown, New York. |
Sell | - |
