M&A Deal Summary |
|
|---|---|
| Date | 2024-08-14 |
| Target | Cheney Brothers |
| Sector | Distribution |
| Buyer(s) | PFG |
| Sellers(s) | CD&R |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.1B USD |
| Advisor(s) | Morgan Stanley (Financial) Davis Polk & Wardwell (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1885 |
| Sector | Distribution |
| Employees | 40,000 |
| Revenue | 58.3B USD (2024) |
PFG is a distributor of food products and snacks. PFG delivers food and food-related products to more than 130,000 independent and national chain restaurants, quick-service eateries, pizzerias, theaters, schools, hotels, healthcare facilities and other institutions across the United States. PFG was founded in 1885 and is based in Richmond, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector: Distribution M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 9 of 9 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 9 of 9 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-02 |
Green Rabbit
Braintree , Massachusetts, United States Green Rabbit is an e-commerce cold chain logistics provider. Green Rabbit is based in Braintree, Massachusetts. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 30.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Clayton, Dubilier & Rice LLC (CD&R) is a large private equity firm that targets non-core divestitures of large corporations, growth equity financings, traditional buyouts, and corporate/family partnerships. CD&R looks for opportunities in North America, Western Europe, and Asia and will consider businesses in a wide range of sectors including consumer/retail, healthcare, industrials, and services. Prospective companies generally lead their respective markets, have stable cash flows, and possess competitive advantages through differentiated products, services, or processes. CD&R was formed in 1978 and has offices in New York City and London.
| DEAL STATS | # |
|---|---|
| Overall | 45 of 48 |
| Sector: Distribution M&A | 10 of 11 |
| Type: Add-on Acquisition M&A Deals | 15 of 16 |
| State: Florida M&A | 2 of 2 |
| Country: United States M&A | 35 of 38 |
| Year: 2024 M&A | 2 of 3 |
| Size (of disclosed) | 8 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-01 |
R1 RCM
Murray, Utah, United States R1 RCM is a provider of services and technology to healthcare providers. The Company helps clients strengthen their financial stability and deliver better care at a more affordable cost to the communities they serve, increasing healthcare access for all. R1 RCM was founded in 2003 and is based in Murray, Utah. |
Buy | $8.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-20 |
American Greetings
Cleveland, Ohio, United States American Greetings is a creator and manufacturer of innovative social expression products that assist consumers in making the world a more thoughtful and caring place. American Greetings was founded in 1906 and is based in Cleveland, Ohio. |
Sell | - |
