M&A Deal Summary

Ontario Teachers Pension Plan Acquires PODS Enterprises

On December 22, 2014, pension Ontario Teachers Pension Plan acquired consumer services company PODS Enterprises from Arcapita

Acquisition Highlights
  • This is Ontario Teachers Pension Plan’s 2nd transaction in the Consumer Services sector.
  • This is Ontario Teachers Pension Plan’s 37th transaction in the United States.
  • This is Ontario Teachers Pension Plan’s 1st transaction in Florida.

M&A Deal Summary
Date 2014-12-22
Target PODS Enterprises
Sector Consumer Services
Buyer(s) Ontario Teachers Pension Plan
Sellers(s) Arcapita
Deal Type Secondary Buyout

Target

PODS Enterprises

Clearwater, Florida, United States
PODS Enterprises is a provider of portable storage and moving solutions for residential and business customers. PODS Enterprises is based in Clearwater, Florida.

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Buyer(S) 1

Buyer

Ontario Teachers Pension Plan

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

Category Pension
Founded 1990
PE ASSETS 242.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. Teachers' can support direct private equity investments between $100 million and $3 billion. Target sectors include business services, consumer products, retail, diversified industrials, financial services, technology, media, and communications. Teachers' Private Capital also makes private equity fund investments between $50 million and $750 million. Teachers' Private Capital was formed in 1991 and is based in Toronto, with additional offices in London and New York.

DEAL STATS #
Overall 75 of 175
Sector (Consumer Services) 2 of 8
Type (Secondary Buyout) 26 of 56
State (Florida) 1 of 2
Country (United States) 37 of 72
Year (2014) 9 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-15 PhyMed Healthcare Group

Nashville, Tennessee, United States

PhyMed Healthcare Group is an innovative, physician-owned company comprised of Anesthesia, Pain Management and Critical Care professionals proudly serving as trusted partners to healthcare systems, ambulatory surgery centers (ASCs) and office-based anesthesia providers nationwide. PhyMed Healthcare Group was founded in 2012 and is based in Nashville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-29 Birmingham Airport

Birmingham, United Kingdom

Birmingham Airport is an operator of an International airport and serves approximately 9.5 million passengers per year. Birmingham Airport is based in Birmingham, United Kingdom.

Buy -

Seller(S) 1

SELLER

Arcapita

Manama, Bahrain

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1997
Size Mega
Type Sector Agnostic
DESCRIPTION

Arcapita is a private investment firm with separate investment disciplines spanning venture capital, corporate investment, real estate, and asset-based investments. Arcapita's Corporate Investment practice looks to acquire controlling interests in established companies valued between $50 million and $500 million. Sectors of interest include consumer products/services, healthcare, energy, technology, and manufacturing. Arcapita's infrastructure team looks to invest $50 to $300 million in energy, water, and transportation assets. The Firm will consider opportunities around the globe; including the United States, Latin America, Russia, China, Europe, Middle-East, and India. Arcapita was formed 1997 and has offices in Manama, Bahrain; Atlanta, Georgia; London; and Singapore.

DEAL STATS #
Overall 26 of 33
Sector (Consumer Services) 1 of 1
Type (Secondary Buyout) 5 of 9
State (Florida) 2 of 2
Country (United States) 19 of 23
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-10 Tensar

Alpharetta, Georgia, United States

Tensar is a global provider of innovative subgrade soil reinforcement solutions, selling into more than 80 national markets through its two major product lines: Tensar geogrids and Geopier foundation systems. Geogrids are polymer-based products used for ground stabilization, soil reinforcement, and asphalt optimization in construction applications including roadways, public infrastructure, and industrial facilities. Tensar originated geogrid technology, which reduces aggregate consumption, thereby decreasing construction time, expense, and the project owner's cost of lifetime maintenance. The company also has a large portfolio of proprietary products. Tensar was formed in 1983 and is based in Alpharetta, Georgia.

Sell $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-25 Freightliner Group

London, United Kingdom

Freightliner Group Ltd.is a rail logistics company, moving containers and heavy goods between ports and inland distribution hubs. Although the business operates primarily in Great Britain, it is now engaged in a program of international growth.

Sell £492M
Mergr

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