M&A Deal Summary |
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---|---|
Date | 2018-05-01 |
Target | Bennington Marine |
Sector | Marine |
Buyer(s) | Polaris |
Sellers(s) | Balmoral Funds |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 1954 |
Sector | Automotive |
Employees | 18,500 |
Revenue | 8.9B USD (2023) |
Polaris designs, engineers, manufactures and markets off-road vehicles, including all-terrain vehicles (ATVs) and the Polaris RANGER and RZR side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles. Polaris was founded in 1954 and is based in Medina, Minnesota.
DEAL STATS | # |
---|---|
Overall | 16 of 19 |
Sector (Marine) | 1 of 1 |
Type (Add-on Acquisition) | 15 of 17 |
State (Indiana) | 1 of 2 |
Country (United States) | 13 of 16 |
Year (2018) | 1 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-10-16 |
Brammo
Talent, Oregon, United States Brammo, Inc. is an electric vehicle technology company designs and develops electric vehicles including the award winning Enertia and Empulse motorcycles. Brammo is an OEM supplier of its innovative Brammo Digital Drivetrain systems including the Brammo Power battery pack and Brammo Power vehicle management system. Brammo has vehicle distribution and marketing operations in North America, South America, Europe, and Asia. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-05-30 |
Boat Holdings
Elkhart, Indiana, United States Boat Holdings LLC is the largest manufacturer of major boats under the brands Bennington, Godfrey Pontoon Boats, Hurricane and Rinker. Company is one of the largest and fastest growing segments in the marine industry. With a full offering of pontoon, deck and cruiser boats, Boat Holdings’ four recognized brands – Bennington, Godfrey, Hurricane and Rinker – are strategically positioned with over 200 base models across a range of price points and fully-custom built options. Boat Holdings leverages an asset-light manufacturing model, and offers boats through a robust network of dealers primarily in the United States and Canada. |
Buy | $805M |
Category | Private Equity Firm |
---|---|
Founded | 2005 |
PE ASSETS | 200M USD |
Size | Small |
Type | Sector Agnostic |
Balmoral Funds is a private equity firm which targets recapitalizations, special situations, and acquisitions of small and middle-market companies. Typical investment candidates are located in the US or Canada, undergoing operational challenges with up to $400 million of revenue. Sectors of interest include manufacturing, business services, consumer products, retail, and value-added distribution. The Firm's target investment size is $5 to $40 million. Balmoral Funds was established in 2005 and is based in Los Angeles, California.
DEAL STATS | # |
---|---|
Overall | 5 of 9 |
Sector (Marine) | 1 of 1 |
Type (Add-on Acquisition) | 3 of 5 |
State (Indiana) | 1 of 1 |
Country (United States) | 5 of 9 |
Year (2018) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-12-11 |
Concurrent Manufacturing Solutions
Hialeah, Florida, United States Concurrent Manufacturing Solutions is a vertically integrated contract electronic manufacturer, providing a range of manufacturing and assembly services. Concurrent operates facilities in the U.S. and Mexico and serves a diverse range of customers within the telecommunications, industrial, energy, defense and aerospace markets. Concurrent Manufacturing Solutions is based in Hialeah, Florida. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-11-16 |
VESTA Modular
Southfield, Michigan, United States VESTA Modular is a provider of temporary and permanent modular space solutions across a diverse base of end markets and applications. VESTA Modular operates two divisions modular space leasing whereby it leases units from its owned fleet of over 6,000 units to customers across a range of end markets and modular project installation whereby it facilitates the design, construction, and installation of modular spaces.VESTA Modular was founded in 2014 and is based in Southfield, Michigan. |
Buy | - |