M&A Deal Summary

Saw Mill Capital and MML Acquire Clyde Bergemann

On March 20, 2001, private equity firms Saw Mill Capital and MML acquired technology hardware company Clyde Bergemann for 120M USD

Acquisition Highlights
  • This is Saw Mill Capital’s 1st and MML’s 1st transaction in the Technology Hardware sector.
  • This is Saw Mill Capital’s 3rd and MML’s largest (disclosed) transaction.
  • This is Saw Mill Capital’s 1st and MML’s 1st transaction in Germany.
Investment Fate
  • Clyde Bergemann was sold to a consortium of financial buyers in 2005 for 136M USD.

M&A Deal Summary

Date 2001-03-20
Target Clyde Bergemann
Sector Technology Hardware
Buyer(s) Saw Mill Capital
MML
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 120M USD

Target

Clyde Bergemann

Wesel, Germany
Clyde Bergemann Limited is an energy services business based in the East End of Glasgow.The Clyde Bergemann group, domiciled in Wesel, Germany, is present in all major market regions. Its operational network extends to Europe, Asia, Australia, North and South America and Africa. The group’s core business is the development and production of components for coal-fired power plants.

Search 200,577 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) 2

Buyer

Saw Mill Capital

Briarcliff Manor, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 610M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Saw Mill Capital is a private equity firm focused on middle-market company acquisitions valued up to $200 million. Saw Mill prefers businesses with defensible market positions, solid growth prospects, and historical cash-flow. Sectors of interest include manufacturing, specialty distribution, and service. Saw Mill looks to commit between $15 and $75 million per transaction in companies with at least $3 million of EBITDA. Saw Mill will not invest in retail, healthcare services, media/telecom, information technology, financial services, personnel based services, apparel or businesses driven by fad or fashion. Saw Mill Capital was formed in 1997 and is based in Briarcliff Manor, New York.


DEAL STATS #
Overall 3 of 26
Sector (Technology Hardware) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 9
Country (Germany) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-02 Williams

Atlanta, Georgia, United States

Williams is a designer, engineer and manufacturer of auxiliary equipment for gas turbines used in power plants and a variety of industrial applications. Williams was founded in 1998 and is based in Atlanta, Georgia.

Buy $310M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-17 Williams

Atlanta, Georgia, United States

Williams is a designer, engineer and manufacturer of auxiliary equipment for gas turbines used in power plants and a variety of industrial applications. Williams was founded in 1998 and is based in Atlanta, Georgia.

Sell -
Buyer

MML

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

MML Capital Partners is an investment firm that targets subordinated debt and traditional private equity investments across the US and Europe. MML Capital looks for transactions requiring €5 million and €200 million of capital to support expansion financing, management buyouts, recapitalizations, leveraged buyouts, and take privates. MML Capital invested more than €2 billion across 11 countries. MML Capital was formed in 1988 and has offices in London, Paris, and Stamford, Connecticut.


DEAL STATS #
Overall 4 of 60
Sector (Technology Hardware) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 4 of 20
Country (Germany) 1 of 3
Year (2001) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Xserv

Houston, United States

Provider of specialty maintenance services to chemical, refining, power and other industrial process facilities. XServ is the leading provider of specialty maintenance services to chemical, refining, power and other industrial process facilities in the United States. The Company provides a comprehensive portfolio of services, including industrial scaffolding, insulation, abatement, coating and painting, and other services that are critical to minimizing costly plant downtime and maximizing profitability for its customers. With over 30 years of experience, XServ has earned an industry leading reputation for delivering critical time sensitive services with superior safety, execution and savings to customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Hawkpoint

London, United Kingdom

Corporate finance advisory firm which focuses on Mergers & Acquisitions, Capital Markets, Debt, Restructuring and Strategic Advice

Buy -