M&A Deal Summary

Pacific Press Technologies Acquires Brown Plastics Machinery

On January 1, 2007, Pacific Press Technologies acquired machinery company Brown Plastics Machinery from Peninsula Capital Partners and Madison Industries

Acquisition Highlights
  • This is Pacific Press Technologies’ 1st transaction in the Machinery sector.
  • This is Pacific Press Technologies’ 1st transaction in the United States.
  • This is Pacific Press Technologies’ 1st transaction in Michigan.

M&A Deal Summary
Date 2007-01-01
Target Brown Plastics Machinery
Sector Machinery
Buyer(s) Pacific Press Technologies
Sellers(s) Peninsula Capital Partners
Madison Industries
Deal Type Add-on Acquisition

Target

Brown Plastics Machinery

Beaverton, Michigan, United States
Brown Machine is a leading global manufacturer of thermoforming machinery for the plastics processing industry. Brown Machine offers a complete line of both continuous and cut-sheet thermoforming equipment to the packaging, automotive and appliance industries. Brown is located in Beaverton, Michigan and London, United Kingdom.

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Buyer(S) 1

Buyer

Pacific Press Technologies

Mount Carmel, Illinois, United States
Category Company
Founded 1945
Sector Machinery
DESCRIPTION

Pacific Press Technologies is a manufacturer of highly engineered, specialized plastic and metal forming equipment, as well as complementary tooling, parts, refurbishment, and repair and maintenance services. Pacific Press Technologies was founded in 1945 and is based in Mount Carmel, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1

Seller(S) 2

SELLER

Peninsula Capital Partners

Southfield, Michigan, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1995
PE ASSETS 1.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Peninsula Capital Partners is an investment group focused on providing a range of financing solutions to middle-market companies. The Firm is willing to be a minority or control investor and invests across the capital structure. This includes subordinated debt, preferred or common stock. For mezzanine commitments, Peninsula looks to invest $5 to $40 million. For equity transactions, Peninsula looks to invest $2 to $20 million. Peninsula is a generalist investor. Target sectors include manufacturing, industrial service, distribution, consumer products, professional services, retail, applied technology, transportation, food processing and packaging. Peninsula Capital Partners was formed in 1995 and is based in Detroit, Michigan.

DEAL STATS #
Overall 13 of 47
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 6 of 23
State (Michigan) 2 of 4
Country (United States) 13 of 44
Year (2007) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 TPG Mt. Vernon Marine

Mt. Vernon, Indiana, United States

TPG Mt. Vernon Marine LLC operates at five ports and terminals along the Ohio and Green Rivers, providing harbor services including barge shifting, barge fleeting, barge repair, barge cleaning, stevedoring, warehousing and fueling. TPG Mt. Vernon Marine was founded in 1962 and is based in Mt. Vernon, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-12 E-Mon

Langhorne, Pennsylvania, United States

E-Mon LLC is a manufacture of solid-state electronic kilowatt-hour submeters, automatic meter reading & billing software and other energy management products and services.

Buy -
SELLER

Madison Industries

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
Size Large
Type Sector Focused
DESCRIPTION

Madison Industries is a privately held investment holding firm that targets growth investments in and acquisitions of industrial manufacturing companies. Madison prefers businesses with a defensible market niche, established technology, and significant cash-flow growth potential. Madison will also consider turnaround situations. Target opportunities generally have sales between $50 million and $2 billion. Madison Industries is based in Chicago, Illinois.

DEAL STATS #
Overall 9 of 18
Sector (Machinery) 5 of 9
Type (Add-on Acquisition) 4 of 8
State (Michigan) 2 of 4
Country (United States) 9 of 17
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-08 Hudson Products

Beasley, Texas, United States

Hudson Products Corp. is a provider of heat transfer solutions firms providing air-cooled heat exchangers and axial-flow fans to some of the largest processors in the petroleum, natural gas, power generation, petrochemical and chemical industries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Pacific Press Technologies

Mount Carmel, Illinois, United States

Pacific Press Technologies is a manufacturer of highly engineered, specialized plastic and metal forming equipment, as well as complementary tooling, parts, refurbishment, and repair and maintenance services. Pacific Press Technologies was founded in 1945 and is based in Mount Carmel, Illinois.

Sell -
Mergr

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