M&A Deal Summary |
|
|---|---|
| Date | 2021-07-06 |
| Target | Solenis |
| Sector | Chemicals |
| Buyer(s) |
Platinum Equity
NB Private Equity Partners |
| Sellers(s) | CD&R |
| Deal Type | Secondary Buyout |
| Deal Value | 5.3B USD |
| Advisor(s) | BofA Securities Citi (Financial) Debevoise & Plimpton (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 | 123 of 156 |
| Sector: Chemicals M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 28 of 42 |
| State: Delaware M&A | 1 of 1 |
| Country: United States M&A | 99 of 121 |
| Year: 2021 M&A | 9 of 14 |
| Size (of disclosed) | 2 of 31 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-02 |
Multi-Color
Batavia, Ohio, United States Multi-Color is a provider of label solutions supporting a number of brands including leading producers of home and personal care, wine and spirit, food and beverage and specialty consumer products. MCC serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China with a comprehensive range of the latest label technologies in Pressure Sensitive, Cut and Stack, In-Mold, Shrink Sleeve and Heat Transfer. Multi-Color was founded in 1916 and is based in Batavia, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-07 |
Happy Floors
Miami, Florida, United States Happy Floors is an importer and distributor of premium Italian and Spanish ceramic and porcelain tile for use in residential and commercial flooring applications. With a focus on the higher-end tile segment, the company distributes its products across the United States to a diversified customer base of top-performing specialty floor covering stores. Happy Floors was founded in 1987 and is based in Miami, Florida. |
Buy | - |
NB Private Equity Partners is a publicly traded asset manager focused on acquiring direct investments in privately held companies. The Firm principally targets businesses in the US and looks to invest alongside other private equity managers when considering opportunities. NB Private Equity Partners is headquartered in the UK, with an additional office in the US.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 39 |
| Sector: Chemicals M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 17 of 20 |
| State: Delaware M&A | 1 of 1 |
| Country: United States M&A | 21 of 24 |
| Year: 2021 M&A | 2 of 5 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-14 |
Service Med
Bussolengo, Italy Service Med offers rent and management services of high efficient anti decubitus systems. These systems are both manufactured under their own brand (MKS-Innovatech) and by other main international companies. Service Med was formed in 1992 and is based in Bussolengo, Italy. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-09 |
Auctane
Austin, Texas, United States Auctane is a provider of Internet-based mailing and shipping solutions. From same-day delivery and intuitive shipping software to a network of 3PL providers — and everything in between — Auctane’s suite of technology solutions solves a variety logistic challenges. Auctane was founded in 1996 and is based in Austin, Texas. |
Buy | $6.6B |
| 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 | 41 of 48 |
| Sector: Chemicals M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 5 of 7 |
| State: Delaware M&A | 1 of 1 |
| Country: United States M&A | 31 of 38 |
| Year: 2021 M&A | 3 of 5 |
| Size (of disclosed) | 2 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-02 |
Multi-Color
Batavia, Ohio, United States Multi-Color is a provider of label solutions supporting a number of brands including leading producers of home and personal care, wine and spirit, food and beverage and specialty consumer products. MCC serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China with a comprehensive range of the latest label technologies in Pressure Sensitive, Cut and Stack, In-Mold, Shrink Sleeve and Heat Transfer. Multi-Color was founded in 1916 and is based in Batavia, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-14 |
Core & Main
St. Louis, Missouri, United States Core & Main is a distributor of water, sewer, storm, fusible piping, and fire protection infrastructure products that serves the needs of both contractors and municipalities in all aspects of the water, wastewater, clean water, landfill, energy, and fire protection industries. Core & Main was founded in 1874 and is based in St. Louis, Missouri. |
Sell | - |
