M&A Deal Summary

Platte River Equity Acquires Spartaco

On December 18, 2015, private equity firm Platte River Equity acquired electrical equipment company Spartaco

Acquisition Highlights
  • This is Platte River Equity’s 1st transaction in the Electrical Equipment sector.
  • This is Platte River Equity’s 19th transaction in the United States.
  • This is Platte River Equity’s 3rd transaction in Illinois.

M&A Deal Summary
Date 2015-12-18
Target Spartaco
Sector Electrical Equipment
Buyer(s) Platte River Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Spartaco

Addison, Illinois, United States
Spartaco is an independent provider of professional-grade battery-powered hydraulic cutting and crimping tools, specialty wiring/cabling installation tools, tree trimming/line clearance products, and high-performance lighting solutions used throughout power and gas utilities, broadband infrastructure, industrial/electrical, vegetation management, and military end markets. Spartaco is based in Addison, Illinois.

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Buyer(S) 1

Buyer

Platte River Equity

Denver, Colorado, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 1.6B USD
Size Large
Type Sector Focused
DESCRIPTION

Platte River Equity is a private equity firm focused on investing in small and middle-market private companies based in the US. Platte River generally invests $25 to $100 million of equity capital per transaction and looks for businesses that can benefit from the Firm's operating expertise. Sectors of interest include aerospace manufacturing and services, metals, chemicals, energy and energy services, natural resources, financial services, and communications. Platte River typically targets control investment situations, but will opportunistically pursue minority investments. Platte River Equity was formed in 2006 and is based in Denver, Colorado.

DEAL STATS #
Overall 20 of 32
Sector (Electrical Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 9 of 13
State (Illinois) 3 of 4
Country (United States) 19 of 31
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-18 Huskie Tools

Glendale Heights, Illinois, United States

Huskie Tools, Inc. is a provider of professional-grade, battery-operated hydraulic hand tools, hoists and related accessories that are used by linemen in the electric utility industry and in broader industrial end markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 CTS Engines

Fort Lauderdale, Florida, United States

CTS Engines provides a full spectrum of maintenance, repair, and overhaul (“MRO”) services for established engine platforms, specializing in the overhaul of the General Electric CF6-80C2, CF6-80A and CF6-50 engines, as well as the Pratt & Whitney PW2000. CTS also performs developmental testing on next-generation aerospace engines utilizing the highest thrust independent commercial test facility in the world. CTS Engines was founded in 2002 and is based in Fort Lauderdale, Florida.

Buy -
Mergr

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