M&A Deal Summary

NANA Development Acquires Grand Isle Shipyard

On July 26, 2011, NANA Development acquired machinery company Grand Isle Shipyard from HGGC

Acquisition Highlights
  • This is NANA Development’s 1st transaction in the Machinery sector.
  • This is NANA Development’s 1st transaction in the United States.
  • This is NANA Development’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2011-07-26
Target Grand Isle Shipyard
Sector Machinery
Buyer(s) NANA Development
Sellers(s) HGGC
Deal Type Add-on Acquisition

Target

Grand Isle Shipyard

Galliano, Louisiana, United States
Grand Isle Shipyard is a maintenance services provider to the offshore oil and gas industry in the Gulf of Mexico, including both deep-water and shallow-water production platforms.

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Buyer(S) 1

Buyer

NANA Development

Anchorage, Alaska, United States
Category Company
Founded 1974
Sector Diversified
DESCRIPTION

NANA Development Corporation (NDC) owns and manages a portfolio of businesses. NANA companies focus on the Federal, Oil and Gas, and Commercial business sectors. NANA Development Corporation engages in engineering and construction,resource development, facilities management and logistics, real estate and hotel development and information technology and telecommunications.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

HGGC

Palo Alto, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2007
PE ASSETS 6.9B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HGGC (formerly Huntsman Gay Global Capital) focuses on middle-market leveraged buyouts, growth equity financings, recapitalizations, take privates, and corporate divestitures. The Firm primarily targets North American companies, but will consider international opportunities as well. HGGC looks for companies with at least $100 million in revenue. HGGC primarily targets enterprise software companies, however, the Firm will also consider opportunities in business services, consumer services, financial services, healthcare, industrial services, and information services. HGGC was formed in 2007 and is based in Palo Alto, California.

DEAL STATS #
Overall 1 of 24
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 13
State (Louisiana) 1 of 2
Country (United States) 1 of 21
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-09 iCongo

Montreal, Quebec, Canada

iCongo is a developer of e-business systems and software that enable companies to effectively and efficiently transact business over the Internet. iCongo's solutions include B2C and B2B e-commerce systems, retail cross-channel systems and a comprehensive suite of Internet marketing applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 MaMa Rosa s Pizza

Sidney, Ohio, United States

MaMa Rosa's Pizza LLC is a provider of refrigerated pizza products under the Mama Angelina’s, Old Italian and Lean Lifestyle brands. MaMa Rosa’s sells refrigerated pizza’s–not frozen, can be found in the deli/meat or dairy section of a grocery store.

Buy -
Mergr

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