M&A Deal Summary |
|
|---|---|
| Date | 2003-07-01 |
| Target | TransWorks |
| Sector | Business Services |
| Buyer(s) | Norfolk Southern |
| Sellers(s) | ChrysCapital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Transportation |
| Employees | 19,600 |
| Revenue | 12.1B USD (2024) |
Norfolk Southern primarily engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports and provides comprehensive logistics services through an extensive intermodal network in the eastern half of the United States. Norfolk Southern was formed in 1980 and is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: India M&A | 1 of 1 |
| Year: 2003 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-01-01 |
Conrail
Philadelphia, Pennsylvania, United States Conrail operates local rail freight service on behalf of its owners, CSX Corporation and Norfolk Southern Corporation, Conrail continues to provide safe and efficient rail service for many local rail freight customers in Detroit, New Jersey and Philadelphia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
ChrysCapital Management Co. is a private investment firm focused on opportunities in India. ChrysCapital looks for companies with revenues of $50 million to $1 billion and can commit up to $250 million of equity per transaction. Target sectors include business services, consumer goods and services, financial services, healthcare and pharmaceuticals. Prospective transactions include growth investments in private and listed companies, special situations, co-investments, and management buyouts/buy-ins. ChrysCapital was formed in 1999 and is based in Port Louis, Mauritius.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 32 |
| Sector: Business Services M&A | 2 of 5 |
| Type: Add-on Acquisition M&A Deals | 2 of 8 |
| Country: India M&A | 2 of 27 |
| Year: 2003 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-04-17 |
TechTeam Global
Southfield, Michigan, United States TechTeam provides outsourced enterprise technical help desk and related services to the Global 2000. The Company provides its outsourced services through a combination of onsite client dedicated facilities and offsite centralized operations. TechTeam currently does $150 million in annualized revenues and has 1,600 employees. The Company is listed on the NASDAQ. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-03 |
IVRCL
Hyderabad, India IVRCL is a construction firm. The Company is a contractor in the water and sanitation segments TM and has developed expertise in the highway, power and building sectors. IVRCL was founded in 1987 and is based in Hyderabad, Telangana. |
Buy | - |