M&A Deal Summary

Pohlad Companies Acquires PaR Systems

On November 1, 2017, Pohlad Companies acquired machinery company PaR Systems from MML

Acquisition Highlights
  • This is Pohlad Companies’ 1st transaction in the Machinery sector.
  • This is Pohlad Companies’ 2nd transaction in the United States.
  • This is Pohlad Companies’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2017-11-01
Target PaR Systems
Sector Machinery
Buyer(s) Pohlad Companies
Sellers(s) MML
Deal Type Add-on Acquisition
Advisor(s) Houlihan Lokey (Financial)
Winston & Strawn (Legal)

Target

PaR Systems

Shoreview, Minnesota, United States
PaR Systems is a provider of integrated robotic automation and specialized material handling solutions. The company serves the aerospace, medical device, marine/defense, nuclear, and additional select industrial markets. PaR Systems was founded in 1961 and is based in Shoreview, Minnesota.

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Buyer(S) 1

Buyer

Pohlad Companies

Minneapolis, Minnesota, United States
Category Company
Founded 1955
Sector Financial Services
Employees2,500
DESCRIPTION

Pohlad Companies is comprised of diverse businesses that employ more than 2,500 across the U.S. Founded by Carl R. Pohlad in the 1950s and now managed by his three sons Jim, Bob and Bill, the more than 25 businesses operate in financial services/banking; commercial real estate; automotive sales; sports and entertainment, including the Minnesota Twins, a Major League Baseball franchise; and investments in privately held companies.

DEAL STATS #
Overall 2 of 2
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-16 Marquette Financial Companies

Minneapolis, Minnesota, United States

Marquette Financial Companies provides banking, commercial finance, real estate lending and wealth management services to businesses and their owners. Pohlad family holdings also include companies in commercial real estate, automotive sales, and sports and entertainment, including the Minnesota Twins, a Major League Baseball franchise, as well as investments in privately held companies.

Sell $183M

Seller(S) 1

SELLER

MML

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

MML Capital Partners is an investment firm that targets subordinated debt and traditional private equity investments across the US and Europe. MML Capital looks for transactions requiring €5 million and €200 million of capital to support expansion financing, management buyouts, recapitalizations, leveraged buyouts, and take privates. MML Capital invested more than €2 billion across 11 countries. MML Capital was formed in 1988 and has offices in London, Paris, and Stamford, Connecticut.

DEAL STATS #
Overall 21 of 36
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 5 of 10
State (Minnesota) 1 of 1
Country (United States) 8 of 8
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-01 CSI

Birmingham, United Kingdom

CSI provides mission-critical managed services to mid to large-sized corporates with complex IT requirements, delivering solutions that combine deep expertise across infrastructure, applications, and cybersecurity. CSI was founded in 1983 and is based in Birmingham, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Gravotech

Rillieux-la-Pape, France

Gravotech is a designer, manufacturer, and distributor of innovative solutions for engraving, marking and artistic modeling. The company utilizes expertise to develop equipment, software, materials, training, and technical services to provide customers with complete solutions for every application. Gravotech was founded in 1938 and is based in Rillieux-la-Pape, France.

Buy -
Mergr

Product

Company

Legal