M&A Deal Summary

MPE Partners and Ampersand Capital Partners Acquire Sheldahl

On August 30, 2002, private equity firm MPE Partners and growth capital firm Ampersand Capital Partners acquired semiconductors company Sheldahl

Acquisition Highlights
  • This is MPE Partners’ 4th and Ampersand Capital Partners’ 1st transaction in the Semiconductors sector.
  • This is MPE Partners’ 17th and Ampersand Capital Partners’ 4th transaction in the United States.
  • This is MPE Partners’ 1st and Ampersand Capital Partners’ 1st transaction in Minnesota.
Investment Fate
  • Sheldahl was sold to a strategic buyer in 2004.

M&A Deal Summary

Date 2002-08-30
Target Sheldahl
Sector Semiconductors
Buyer(s) MPE Partners
Ampersand Capital Partners
Deal Type Special Situations/Distressed

Target

Sheldahl

Northfield, Minnesota, United States
Sheldahl, Inc. is a Producer of high-density substrates, high quality flexible printed circuitry and flexible laminates.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

MPE Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 3.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MPE Partners is a Midwest based investment firm principally focused private equity investments throughout North America. MPE has a preference for buyouts and recapitalizations of lower middle-market, family and entrepreneur owned businesses. The Firm looks for stand-alone companies operating in the 'high-value' manufacturing or business services sectors. MPE seeks businesses with at least $5 million of EBITDA and valued up to $250 million. MPE Partners is headquartered in Cleveland, Ohio.


DEAL STATS #
Overall 19 of 89
Sector: Semiconductors M&A 4 of 7
Type: Special Situations/Distressed M&A Deals 1 of 1
State: Minnesota M&A 1 of 5
Country: United States M&A 17 of 86
Year: 2002 M&A 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-02 Paratek Microwave

Nashua, New Hampshire, United States

Paratek Microwave, Inc. is a privately held company that offers tunable solutions for wireless communications networks. Paratek has invented a revolutionary new class of ETRF(TM) (Electronically Tunable Radio Frequency) components, including tunable filters, phase shifters, oscillators and delay lines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-08 Phillips & Temro

Eden Prairie, Minnesota, United States

Phillips & Temro is a supplier of highly engineered diesel and gasoline engine components with an emerging presence in electric and hybrid electric vehicle platforms. Phillips & Temro was founded in 1920 and is based in Eden Prairie, Minnesota.

Buy -
Buyer

Ampersand Capital Partners

Wellesley, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1988
PE ASSETS 3.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Ampersand Capital Partners is a middle-market private equity group that concentrates on growth equity investment opportunities in the healthcare sector. The Firm looks to invest $10 to $100 million in businesses with $10 to $100 million of revenue. Specific areas of interests within healthcare include lab products, specialty diagnostic equipment, pharmaceutical outsourcing, and specialty pharma. Ampersand generally prefers to be the first and sole institutional investor. Ampersand was formed in 1988 and is based in Wellesley, Massachusetts.


DEAL STATS #
Overall 4 of 86
Sector: Semiconductors M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
State: Minnesota M&A 1 of 3
Country: United States M&A 4 of 70
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-20 Stereotaxis

St. Louis, Missouri, United States

Stereotaxis is a medical device company that markets a magnetic control system with applications in electrophysiology, interventional cardiology and interventional neuroradiology. Stereotaxis was founded in 1990 and is based in St. Louis, Missouri.

Buy $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Tomah3 Products

Tomah, Wisconsin, United States

Tomah Products is a manufacturer of specialty chemicals. Producer of ether amines and derivatives and a major producer of alcohol ethoxylates. Tomah is also a supplier of cationic, nonionic and amphoterics surfactants to a variety of markets in typically specialized applications.

Buy -