M&A Deal Summary |
|
|---|---|
| Date | 2005-03-04 |
| Target | Progress Rail |
| Sector | Machinery |
| Buyer(s) | One Equity Partners |
| Sellers(s) | Progress Energy |
| Deal Type | Divestiture |
| Deal Value | 405M USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
One Equity Partners (OEP) is a private equity firm that targets buyout and growth capital investments in North America, Europe, and Asia. OEP prefers to be the lead investor and typically commits $30 to $150 million per transaction. Sectors of interest include industrial products/services, consumer, retail, chemicals, media, communications, and healthcare. One Equity Partners was formed in 2001 and spun out of JP Morgan Chase in 2015. One Equity Partners is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 138 |
| Sector: Machinery M&A | 1 of 6 |
| Type: Divestiture M&A Deals | 2 of 31 |
| State: Alabama M&A | 1 of 3 |
| Country: United States M&A | 7 of 82 |
| Year: 2005 M&A | 1 of 6 |
| Size (of disclosed) | 7 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-09-15 |
AbilityOne
Bolingbrook, Illinois, United States AbilityOne Corp. is a distributor of rehabilitation and assistive device products used to speed recovery, improve mobility and aid independence for injured, aging and physically-challenged adults and children. |
Sell | $575M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-21 |
Medex
Hilliard, Ohio, United States Medex, Inc. is a provider of system solutions for critical care medical products. |
Sell | $925M |
| Category | Company |
|---|---|
| Founded | 1925 |
| Sector | Utilities |
| Employees | 11,000 |
Progress Energy is a diversified energy company with more than 24,000 megawatts of generation capacity. Energy also includes non-regulated operations covering merchant generation, energy marketing, natural gas exploration, fuel extraction, rail services and broadband capacity.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Machinery M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 2 |
| State: Alabama M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2005 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-08-23 |
Florida Progress
Raleigh, North Carolina, United States Florida Progress is a diversified utility holding company. Its principal subsidiary is Florida Power, an electric utility serving 1.3 million customers in Florida. Diversified operations include rail services, marine operations and coal mining. |
Buy | $5.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-01-26 |
Progress Telecom
St. Petersburg, Florida, United States Progress Telecom LLC is a regional wholesale network services company. |
Sell | $137M |
