M&A Deal Summary |
|
|---|---|
| Date | 2023-12-19 |
| Target | Terra Insights |
| Sector | Information Technology |
| Buyer(s) | Orica |
| Sellers(s) | Vance Street Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 505M CAD |
| Advisor(s) | Lazard (Financial) O'Melveny & Myers Davies Ward Phillips & Vineberg (Legal) |
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Orica is a provider of commercial explosives and blasting systems to the mining and infrastructure markets, the provider of ground support in mining and tunneling, and a supplier of sodium cyanide for gold extraction. Orica was founded in 1874 and is based in East Melbourne, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 6 of 7 |
| State: British Columbia M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-12 |
Minova
Addlestone, United Kingdom Minova is a global manufacturer and supplier of securing and solidifying agents for mining and infrastructure customers, supplying both steel products (anchors, steel mesh, etc.) as well as chemical products (resins) and making it one of the top 3 in all relevant markets heard. Minova was founded in 1882 and is based in Addlestone, United Kingdom. |
Sell | €114M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-21 |
Cyanco
Reno, Nevada, United States Cyanco is a global producer of sodium cyanide with manufacturing facilities serving customers in North America, Latin America, and Africa. Cyanco’s Applied Technology provides consulting services, laboratory support, and cyanide processing technologies to assist customers in optimizing their metal recoveries and sodium cyanide usage throughout the mine lifecycle. Cyanco is based in Reno, Nevada. |
Buy | $640M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| Size | Small |
| Type | Sector Focused |
Vance Street Capital is a private equity firm focused on acquiring mid-market, profitable businesses in the aerospace, defense, industrial, and medical technology sectors. Vance Street looks for companies valued from $30 to $350 million with sustainable competitive advantages and proven management. Prospective transaction situations include recapitalizations, management buyouts, corporate divestitures, industry consolidations, and growth capital financings. Vance Street Capital was formed in 2007 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 12 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 6 of 7 |
| State: British Columbia M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-04 |
Tempest Aero Group
Burlington, North Carolina, United States Tempest Aero Group is engaged in manufacturing ignition, filtration, pneumatic components, instrumentation sensors, fuel systems components, and other specialty tools. Tempest Aero Group is based in Burlington, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-09 |
Damotech
Lockport, Illinois, United States Damotech is a rack safety specialist, providing engineering services and rack safety repair & protection products. Damotech was founded in 1989 and is based in Lockport, Illinois. |
Buy | - |