M&A Deal Summary

Privet Capital Acquires Aeromet

On July 27, 2015, private equity firm Privet Capital acquired aerospace company Aeromet from Black Diamond Capital Management

Acquisition Highlights
  • This is Privet Capital’s 1st transaction in the Aerospace sector.
  • This is Privet Capital’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2015-07-27
Target Aeromet
Sector Aerospace
Buyer(s) Privet Capital
Sellers(s) Black Diamond Capital Management
Deal Type Secondary Buyout

Target

Aeromet

Worcester, United Kingdom
Aeromet is a provider of investment and sand cast products in aluminum and magnesium to the global Aerospace and Defence industries. It provides major OEMs including Airbus, Boeing, BAE Systems, Embraer and Rolls-Royce with engine, fuel system and structural airframe components. Aeromet was established in 1982 and is based in Worcester, United Kingdom.

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Buyer(S) 1

DESCRIPTION

Privet Capital is a private equity firm focused on investing in small to mid-sized UK-based companies. The Firm looks to invest up to £10 million in businesses generating revenues of £10 to £200 million. Privet Capital was formed in 2008 and is headquartered in London.


DEAL STATS #
Overall 1 of 3
Sector (Aerospace) 1 of 1
Type (Secondary Buyout) 1 of 2
Country (United Kingdom) 1 of 3
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 CPS

Basingstoke, United Kingdom

CPS provides cash processing hardware, software, and associated services used in banknote processing to manage banknote production, cash in circulation, and the maintenance of banknote authenticity, condition, and fitness. CPS was established in 1957 and is based in Basingstoke, United Kingdom.

Buy -

Seller(S) 1

SELLER

Black Diamond Capital Management

Investor


Category Asset Manager
Founded 1995
PE ASSETS 10.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Black Diamond Capital Management is an alternative asset manager focused on credit, private equity, and other structured investments. The Firm's private equity group is a generalist investor that targets opportunities throughout North America and Europe. Black Diamond Capital Management was formed in 1995 and is headquartered in Stamford, Connecticut.


DEAL STATS #
Overall 2 of 3
Sector (Aerospace) 1 of 1
Type (Secondary Buyout) 1 of 2
Country (United Kingdom) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-24 Color Star Growers of Colorado Inc

Fort Lupton, Colorado, United States

Color Star Growers of Colorado, Inc. is a grower and wholesaler of flowers and nursery stock in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-24 ArcelorMittal - Long Carbon Steel Mills

United States

ArcelorMittal - Long Carbon Steel Mills is a producer of steelmaking and finishing operations focused on the production and sale of long carbon steel products in North America.

Buy -