M&A Deal Summary

Palindrome Acquires Rhino

On November 7, 2023, private equity firm Palindrome acquired manufacturer Rhino

Acquisition Highlights
  • This is Palindrome’s 1st transaction in the Manufacturing sector.
  • This is Palindrome’s 2nd transaction in the United States.
  • This is Palindrome’s 1st transaction in Illinois.

M&A Deal Summary
Date 2023-11-07
Target Rhino
Sector Manufacturing
Buyer(s) Palindrome
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Kreshmore Group (Financial)

Target

Rhino

Kewanee, Illinois, United States
Rhino is a manufacturer of pneumatic, hydraulic, and gas-powered tools for applications in the fencing, agricultural, construction, rental, electrical, forestry, public works, landscape, solar, and dock-building industries. The company's product line includes: hand-held gas, pneumatic and hydraulic post drivers and pullers, hydraulic power packs, and skid-steer mounted pile drivers. Rhino was formed in 1975 and is based in Kewanee, Illinois.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Palindrome

Investor Investor

Category Private Equity Firm
Founded 2018
Size Small
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 H&H Molds

Spokane Valley, Washington, United States

H & H Molds is a mold-maker and plastic injection molder in the Pacific Northwest. H&H Molds was founded in 1952 and is based in Spokane Valley, Washington.

Buy -
Mergr

Product

Company

Legal