M&A Deal Summary |
|
|---|---|
| Date | 2021-06-15 |
| Target | McGraw Hill Education |
| Sector | Education |
| Buyer(s) |
Platinum Equity
Vector Capital Next Wave Partners |
| Sellers(s) |
Apollo Global Management
ATP Private Equity Partners |
| Deal Type | Secondary Buyout |
| Deal Value | 4.5B USD |
| Advisor(s) | Macquarie Capital BMO Capital Markets (Financial) Paul, Weiss, Rifkind, Wharton & Garrison (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 50.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.
| DEAL STATS | # |
|---|---|
| Overall | 122 of 156 |
| Sector: Education M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 27 of 42 |
| State: New York M&A | 3 of 4 |
| Country: United States M&A | 98 of 121 |
| Year: 2021 M&A | 8 of 14 |
| Size (of disclosed) | 3 of 31 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-10 |
SVP Worldwide
Nashville, Tennessee, United States SVP Worldwide is a consumer sewing machine company with market shares across all industry price points. SVP unites three of the industry's most widely recognized brands, Singer, Husqvarna Viking, and Pfaff, that successfully target distinct market segments. SVP Worldwide was formed in 1851 and is based in Nashville, Tennessee. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-23 |
Jm Swank
North Liberty, Iowa, United States Jm Swank is a food ingredient sourcing and distribution company. JM Swank has been expanding its distribution model to provide an integrated supply chain from order to delivery. The company transport 800 million pounds of product annually and provide expertise in sourcing, distribution and logistics to customers nationwide. Jm Swank is based in North Liberty, lowa. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Focused |
Vector Capital is a private equity firm specializing in spinouts, buyouts and recapitalizations of established technology businesses. Vector targets both public and private company investments. Prospective businesses typically have strong customer bases, high gross margins, and at least $30 million in sales. Vector Capital was formed in 1997, after spinning out from Ziff Brothers Investments. The Firm is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 52 |
| Sector: Education M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 7 of 9 |
| State: New York M&A | 3 of 3 |
| Country: United States M&A | 34 of 43 |
| Year: 2021 M&A | 1 of 4 |
| Size (of disclosed) | 2 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-01 |
Mood Media
Austin, Texas, United States Mood Media is an in-store media specialist that uses a mix of music, visual, and scent media to help its clients communicate with consumers with a view to driving incremental sales at the point-of-purchase. Operating through its two principal divisions; In-Store Media and Retail Point-of-Purchase; Mood Media Corporation works with more than 800 retail chains in more than 40 countries throughout North America, Europe, Asia, and Australia. Mood Media was formed in 2004 and is headquartered in Austin, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-05 |
Cornerstone
Santa Monica, California, United States Cornerstone is a provider of cloud based comprehensive learning and talent management software solutions. Cornerstone was formed in 1999 and is based in Santa Monica, California. |
Buy | $5.2B |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 90M GBP |
| Size | Small |
| Type | Sector Agnostic |
Next Wave Partners is a private equity firm focused on lower mid-market management buyouts, carve-outs, and growth capital buy-and-build transactions. Next Wave looks for businesses generating at least £1 million in EBITDA requiring £15 to £75 million of capital. Next Wave prefers companies located in the UK, but will consider opportunities in greater Europe. Next Wave was formed in 2002 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 14 |
| Sector: Education M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2021 M&A | 1 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-22 |
Pip Studios
Wokingham, United Kingdom Pip Studios provides specialist digital audio services to clients across the Media and Entertainment sectors. Operating from new, state-of-the-art facilities near London, Pip Studios is home to a world-class creative and technical team with many years of experience and industry-leading credentials. Pip Studios was founded in 2020 and is based in Wokingham, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-06 |
Clearway
London, United Kingdom Clearway provides technology-led solutions, including CCTV and alarms, to monitor and secure vacant properties. The Business has nationwide operations in the UK and a strong presence in France. Clearway was founded in 2016 and is based in London, United Kingdom. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1990 |
| PE ASSETS | 72.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apollo Global Management is a global alternative investment firm. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Apollo's geographic coverage spans Europe, North America, and Asia. Apollo manages publicly traded Apollo Investment Corporation, which provides equity and junior capital to middle-market companies, as well as Apollo Commercial Real Estate Finance, Inc. Apollo Global Management was formed in 1990 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 77 |
| Sector: Education M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 12 of 16 |
| State: New York M&A | 3 of 3 |
| Country: United States M&A | 43 of 54 |
| Year: 2021 M&A | 7 of 8 |
| Size (of disclosed) | 3 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-08 |
Tops
Midland, Texas, United States Tops is a provider of contract gas compression services for the Permian Basin. TOPS specializes in lower emission, electrically driven compression for gas lift, and other applications. TOPS’ natural gas compressors feature industry-leading technology allowing for complete remote monitoring of all operating conditions. These features ensure industry-leading up-time and transparency, and a compressor package is built to take advantage of the latest automation enhancements. Tops is based in Midland, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-05 |
RDM Group
Milan, Italy RDM Group is a producer of coated recycled carton board, the largest in Italy, France, and the Iberian Peninsula. RDM group’s portfolio of products includes mainly recycled cardboard, used mainly for packaging and folding cartons in all the major product sectors. RDM Group is based in Milan, Italy. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 10.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
ATP Private Equity Partners is a Danish institutional investment firm focused on investing in private equity funds across Europe, North America, and select emerging markets. The Firm is supported by ATP, Denmark's largest pension fund. In addition to investing in private equity funds, ATP also looks to for co-investment situations. ATP Private Equity Partners was formed in 2001 and is headquartered in Copenhagen, Denmark.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 35 |
| Sector: Education M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 10 of 12 |
| State: New York M&A | 3 of 3 |
| Country: United States M&A | 13 of 15 |
| Year: 2021 M&A | 2 of 2 |
| Size (of disclosed) | 4 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-23 |
Trustpilot
Copenhagen K, Denmark Trustpilot is a digital platform that brings businesses and consumers together to foster trust and inspire collaboration. Trustpilot is free to use, open to everybody, and built on transparency. Trustpilot was founded in 2007 and is based in Copenhagen K, Denmark. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-24 |
Mupro
Wiesbaden, Germany Mupro manufactures and distributes leading fixing technology mainly for the installation of heating, air conditioning, and ventilation equipment in commercial and residential buildings, industrial plants, and aboard ships. Mupro was founded in 1964 and is based in Wiesbaden, Germany. |
Sell | - |
