M&A Deal Summary |
|
|---|---|
| Date | 2004-11-01 |
| Target | Acadia Elastomers |
| Sector | Chemicals |
| Buyer(s) | Parker Hannifin |
| Sellers(s) |
TJC
NewCastle Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1917 |
| Sector | Machinery |
| Employees | 50,520 |
| Revenue | 19.9B USD (2024) |
Parker-Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for a wide variety of mobile, industrial and aerospace markets. Parker Hannifin was formed in 1917 and is based in Cleveland, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 73 |
| Sector (Chemicals) | 1 of 3 |
| Type (Add-on Acquisition) | 12 of 51 |
| State (Virginia) | 1 of 2 |
| Country (United States) | 13 of 41 |
| Year (2004) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-10-11 |
Sporlan Valve
Washington, Missouri, United States Sporlan Valve Co., Inc., a provider in refrigeration and air conditioning components, controls and systems. Headquartered in Washington, Missouri, Sporlan operates seven manufacturing facilities |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-01 |
Advanced Products
North Haven, Connecticut, United States Advanced Products Company, a privately held manufacturer of metallic and polymer spring energized seals. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 58 |
| Sector (Chemicals) | 1 of 6 |
| Type (Add-on Acquisition) | 5 of 21 |
| State (Virginia) | 1 of 2 |
| Country (United States) | 12 of 56 |
| Year (2004) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-09-30 |
Comex Group
Lone Tree, Colorado, United States Comex Group, Inc. engages in the manufacture and distribution of architectural paints and coatings in the North America. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-31 |
PBT Brands
Hartford, Connecticut, United States PBT Brands, Inc. is an automotive maintenance and repair chemical products and aircraft sealant products. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| Size | Small |
| Type | Sector Focused |
NewCastle Partners is an independent investment firm focused on acquiring smaller middle-market companies in partnership with management. The Firm targets profitable, US-based businesses with defensible market positions. Prospective companies generally have at least $2 million in EBITDA and generate sales of $10 to $50 million. Sectors of interest include niche manufacturing and specialty distribution. Target transactions include recapitalizations, buyouts, growth capital financings, and consolidations. NewCastle was formed in 2001 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 16 |
| Sector (Chemicals) | 1 of 1 |
| Type (Add-on Acquisition) | 4 of 10 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 6 of 16 |
| Year (2004) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-09-30 |
Comex Group
Lone Tree, Colorado, United States Comex Group, Inc. engages in the manufacture and distribution of architectural paints and coatings in the North America. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-31 |
PBT Brands
Hartford, Connecticut, United States PBT Brands, Inc. is an automotive maintenance and repair chemical products and aircraft sealant products. |
Sell | - |
