M&A Deal Summary |
|
---|---|
Date | 2012-12-12 |
Target | Synchronous Aerospace Group |
Sector | Aerospace |
Buyer(s) | Precision Castparts |
Sellers(s) | Littlejohn |
Deal Type | Add-on Acquisition |
Advisor(s) | Lazard (Financial) Morrison Cohen (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
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 | 23 of 31 |
Sector (Aerospace) | 10 of 14 |
Type (Add-on Acquisition) | 19 of 26 |
State (California) | 9 of 14 |
Country (United States) | 21 of 28 |
Year (2012) | 10 of 10 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-12-01 |
Southwest United Industries
Oklahoma City, Oklahoma, United States Southwest United Industries is a provider in complete metal finishing services as well as aviation component repair and overhaul from its 130,000 ft² facility in Tulsa. Southwest primarily serves the Aerospace & Defense industries but also supports the medical, oil & gas, and general industrial base as well. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-05-06 |
Primus Composites
United States Primus Composites is a supplier of composite and metallic propulsion and structural composite components and assemblies. In addition to its composite operations, the Thailand operation also machines and processes metal components. Key customers include Airbus, Rolls Royce, Aircelle and Bombardier. |
Sell | - |
Category | Private Equity Firm |
---|---|
Founded | 1996 |
PE ASSETS | 7.8B USD |
Size | Mega |
Type | Sector Agnostic |
Littlejohn is a private equity firm that makes control investments in mid-sized companies undergoing change; either in capital structure, strategy, operations, or growth. Littlejohn looks to commit $50 to $250 million of equity, mezzanine, or credit capital in companies with annual revenues of $100 to $800 million. Sectors of interest include industrial equipment, packaging, chemicals, automotive and transportation parts and equipment, food and food processing, healthcare, plastics, aerospace/defense, distribution, environmental and infrastructure services, and consumer products. The Firm avoids investing in real estate, fashion, retail, and businesses engaged in high technology. Littlejohn prefers opportunities located in the US, but also considers opportunities in Europe and Canada. Littlejohn was formed in 1996 and is based in Greenwich, Connecticut.
DEAL STATS | # |
---|---|
Overall | 16 of 48 |
Sector (Aerospace) | 1 of 1 |
Type (Add-on Acquisition) | 8 of 22 |
State (California) | 2 of 4 |
Country (United States) | 13 of 44 |
Year (2012) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-08-27 |
Synventive Molding Solutions
Peabody, Massachusetts, United States Synventive Molding Solutions, Inc. is a solutions provider to the injection molding industry. Synventive is a designers, manufacturers and suppliers of hot runner systems and related components to the automotive, electronics, healthcare, and consumer packaging industries. Hot runner systems channel molten plastic from injection molding machines into molds. These systems are used in the molding of a variety of plastic products ranging from small medical devices to large automobile parts. |
Sell | $335M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-05-09 |
CTI Foods
Wilder, Idaho, United States CTI Foods is a provider of value-added, processed precooked, frozen and fresh food products to many of the country's leading quick service and casual dining restaurant chains. CTI Foods' major products include pre-cooked taco meat, steak and chicken fajita meat, soups and sauces, hamburger patties and dehydrated pinto beans. CTI Foods was founded in 2003 and is based in Wilder, Idaho. |
Sell | - |