M&A Deal Summary |
|
|---|---|
| Date | 2015-07-27 |
| Target | Noranco |
| Sector | Aerospace |
| Buyer(s) | Precision Castparts |
| Sellers(s) | MidOcean Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 560M USD |
| Advisor(s) | Lazard Ltd. (Financial) |
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| Category | Company |
|---|---|
| Founded | 1949 |
| Sector | Manufacturing |
| Employees | 29,900 |
| Revenue | 10.0B USD (2015) |
Precision Castparts is a manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. Precision Castparts was formed in 1953 and is headquartered in Portland, Oregon.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 31 |
| Sector (Aerospace) | 14 of 14 |
| Type (Add-on Acquisition) | 25 of 26 |
| State (Ontario) | 2 of 2 |
| Country (Canada) | 2 of 2 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 8 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-20 |
Aerospace Dynamics International
Valencia, California, United States ADI is a suppliers in the aerospace industry, operating a wide range of high-speed machining centers. ADI has developed particular expertise in large complex components, hard metal machining, and critical assemblies. The company has strong positions across high growth commercial platforms, including a significant presence on the Airbus A350. |
Buy | $625M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-03 |
McSwain Manufacturing
Cincinnati, Ohio, United States McSwain Manufacturing Corp. engages in manufacturing specializing in tight tolerance, large turning and milling operations primarily supporting the industrial gas turbine market. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
MidOcean Partners is a private equity firm focused on acquiring controlling interests in middle-market companies throughout North America. The Firm has a preference for consumer and business services sectors including automotive, food/beverage, retail, consumer products, information services, infrastructure services, training and more. MidOcean seeks opportunities valued between $150 and $750 million where it can commit $75 to $300 million. In addition to investing equity, MidOcean also looks to provide flexible credit solutions as well. MidOcean Partners was formed in 2003 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 36 |
| Sector (Aerospace) | 1 of 1 |
| Type (Add-on Acquisition) | 10 of 18 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2015) | 3 of 4 |
| Size (of disclosed) | 11 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-15 |
KidKraft
Dallas, Texas, United States KidKraft is a global designer and marketer of branded innovative gifts, toys, play sets, furniture items, and juvenile products. KidKraft was founded in 1968 and is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-01 |
Image Skincare
Lantana, Florida, United States Image Skin Care is an industry leader in the development, marketing and distribution of evidenced-based clinical products for the professional skincare channel. Image Skincare’s extensive portfolio of innovative products includes serums, moisturizers, cleansers, eye cremes, masques, peels and foundations that are sold in more than 40 countries. Image Skincare develops products with the latest anti-aging, balancing, hydrating, and illuminating technologies to further its mission of helping the world to Age Later. Image Skincare is based in Lantana, Florida. |
Buy | - |
