M&A Deal Summary

Monomoy Capital Partners Acquires Cobra Electronics

On August 28, 2014, private equity firm Monomoy Capital Partners acquired electronics company Cobra Electronics for 28M USD

Acquisition Highlights
  • This is Monomoy Capital Partners’ 2nd transaction in the Electronics sector.
  • This is Monomoy Capital Partners’ 4th largest (disclosed) transaction.
  • This is Monomoy Capital Partners’ 22nd transaction in the United States.
  • This is Monomoy Capital Partners’ 4th transaction in Illinois.
Investment Fate
  • Cobra Electronics merged with another company in 2015.

M&A Deal Summary

Date 2014-08-28
Target Cobra Electronics
Sector Electronics
Buyer(s) Monomoy Capital Partners
Deal Type Going Private
Deal Value 28M USD
Advisor(s) William Blair (Financial)
Sidley (Legal)

Target

Cobra Electronics

Chicago, Illinois, United States
Cobra Electronics is a designer and marketer of mobile communications and navigation products in the United States, Canada, Europe and throughout the world.

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Buyer(S) 1

Buyer

Monomoy Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Monomoy Capital Partners is a private equity firm that invests in mid to large-sized companies valued up to $1 billion. Monomoy prefers cash flow positive companies with $20 to $200 million of EBITDA. Sectors of interest include automotive, industrial, distribution, consumer products, packaging, and transportation. Monomoy Capital Partners was formed in 2005 and is headquartered in New York City.


DEAL STATS #
Overall 22 of 45
Sector: Electronics M&A 2 of 3
Type: Going Private M&A Deals 1 of 2
State: Illinois M&A 4 of 7
Country: United States M&A 22 of 45
Year: 2014 M&A 3 of 3
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 MPI Products

Rochester Hills, Michigan, United States

MPI Products is a manufacturer of high-precision, fine blanked metal components for powertrain systems, hydraulic systems and other safety-critical automotive and industrial applications. MPI Products was founded in 1969 and is based in Rochester Hills, Michigan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-29 Kurz-Kasch

Newcomerstown, Ohio, United States

Kurz-Kasch, Inc. is a designer and manufacturer of wide range of electromagnetic products used in heavy-duty diesel engines, high performance solenoids used in the irrigation and hydraulic valve industries, and engineered composite components for the aerospace, consumer products and electrical distribution industries.

Sell -