M&A Deal Summary

ONET SA Acquires Engineering Planning and Management

On October 19, 2015, ONET SA acquired engineering company Engineering Planning and Management from Barings Private Equity and Fort Point Capital

Acquisition Highlights
  • This is ONET SA’s 1st transaction in the Engineering sector.
  • This is ONET SA’s 1st transaction in the United States.
  • This is ONET SA’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2015-10-19
Target Engineering Planning and Management
Sector Engineering
Buyer(s) ONET SA
Sellers(s) Barings Private Equity
Fort Point Capital
Deal Type Add-on Acquisition
Advisor(s) Houlihan Lokey (Financial)
Kirkland & Ellis (Legal)

Target

Engineering Planning and Management

Framingham, Massachusetts, United States
Engineering Planning and Management, Inc. is a provider of safety related engineering services and software to nuclear facilities and other commercial facilities across the globe.

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Buyer(S) 1

Buyer

ONET SA

Marseille, France

Category Company
Founded 1860
Sector Engineering
DESCRIPTION

ONET SA is an international engineering and services company.


DEAL STATS #
Overall 1 of 1
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 2

SELLER

Barings Private Equity

Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 5.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Barings Private Equity is the private equity arm of global asset management firm Barings. The Group looks to invest in mezzanine, distressed, and other private equity transactions including secondaries and funds. Sectors of interest include manufacturing, business services, distribution, consumer products, consumer services, food products, packaging, and healthcare. Barings Private Equity was originally established in 1991 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 15 of 37
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 12 of 23
State (Massachusetts) 1 of 2
Country (United States) 14 of 33
Year (2015) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-15 Wheaton Industries

Millville, New Jersey, United States

Wheaton Industries, Inc. is a marketer, manufacturer and re-packager of containers, laboratory ware, instrumentation and associated products and services sold principally to customers in the general laboratory, life sciences, and diagnostics and reagent / chemicals packaging markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-10 Team Drive-Away

Olathe, Kansas, United States

Team Drive-Away, Inc. is a non-asset-based commercial vehicle logistics provider specializing in matching professional drivers with moves of used and new heavy-haul Class 8 trucks for sellers and buyers as well as moves to reposition and optimize fleets. Team Drive-Away was founded in 2007 and is based in Olathe, Kansas.

Buy -
SELLER

Fort Point Capital

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Fort Point Capital is a private investment firm that targets smaller middle-market growth company investments. The Firm specifically looks for partnerships where firm expertise can help businesses realize their 'potential'. Sectors of interest include business services, healthcare, consumer, and software and information. Fort Point Capital was formed in 2009 and has offices in Boston and New York City.


DEAL STATS #
Overall 2 of 7
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Massachusetts) 1 of 3
Country (United States) 2 of 7
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-08 Sullivans

Sioux Falls, South Dakota, United States

Sullivans is a designer and distributor of seasonal and all-occasion home décor products that are sold principally to independent and specialty channel retail customers in the U.S. The Company's primary product lines include holiday and celebration decorations, permanent floral and foliage products, home décor items and accessories. Sullivans was founded in 1968 and is based in Sioux Falls, South Dakota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-12 PakEnergy

Abilene, Texas, United States

PakEnergy is a provider of enterprise resource planning (ERP) and accounting software to the oil and gas industry, including oil and gas operators, midstream companies and mineral rights investors. PakEnergy was founded in 1986 and is based in Abilene, Texas.

Buy -