M&A Deal Summary

North Central Equity Acquires Mereen-Johnson

On November 11, 2012, private equity firm North Central Equity acquired manufacturer Mereen-Johnson

Acquisition Highlights
  • This is North Central Equity’s 3rd transaction in the Manufacturing sector.
  • This is North Central Equity’s 7th transaction in the United States.
  • This is North Central Equity’s 3rd transaction in Minnesota.

M&A Deal Summary

Date 2012-11-11
Target Mereen-Johnson
Sector Manufacturing
Buyer(s) North Central Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Mereen-Johnson

Minneapolis, Minnesota, United States
Mereen-Johnson is a rip saw and related saw products manufacturer. Mereen-Johnson was founded in 1905 and is based in Minneapolis, Minnesota.

Search 214,239 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) 1

Buyer

North Central Equity

Eden Prairie, Minnesota, United States

Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

North Central Equity (NCE) is a private holding company focused on acquisitions of small privately held businesses or divisions of public companies. NCE invests in the range of $2 to $6 million per transaction across North America, with a preference for Minnesota-based companies. Target businesses generally have positive cash-flows, recurring revenues, and operate in the business services, manufacturing, and distribution sectors. NCE will not consider opportunities in technology (complex), real estate, restaurants, or retail. North Central Equity was formed in 2004 and is based in Minneapolis.


DEAL STATS #
Overall 7 of 8
Sector: Manufacturing M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 6 of 7
State: Minnesota M&A 3 of 4
Country: United States M&A 7 of 8
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-01 BFG Supply

Burton, Ohio, United States

BFG Supply distributes a full line of professional horticulture and lawn & garden products including containers, growing media, chemicals, fertilizer, seed, and greenhouse equipment. BFG leverages technology to efficiently serve its customers with industry-leading product selection and service levels. BFG Supply was founded in 1972 and is based in Burton, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-17 Sunrise Fiberglass

Wyoming, Minnesota, United States

Sunrise Fiberglass is a producer of custom fabricated fiberglass components and related assemblies. Sunrise Fiberglass was founded in 1968 and is based in Wyoming, Minnesota.

Buy -