M&A Deal Summary |
|
|---|---|
| Date | 2014-09-08 |
| Target | Pace Packaging |
| Sector | Machinery |
| Buyer(s) | ProMach |
| Sellers(s) | Cornerstone Capital Holdings |
| Deal Type | Add-on Acquisition |
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ProMach is a provider of complete packaging machinery solutions, engineering and integration services, and related aftermarket products and services. ProMach brands operate across the entire packaging spectrum: filling and capping, flexibles, pharma, product handling, labeling and coding, and end of line. ProMach also provides Performance Services including integrated solutions, design/build, engineering services, and productivity software to optimize packaging line design and deliver maximum uptime. ProMach was founded in 1998 and is based in Covington, Kentucky.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 30 |
| Sector (Machinery) | 5 of 16 |
| Type (Add-on Acquisition) | 6 of 30 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 5 of 21 |
| Year (2014) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-04 |
Benchmark Automation
Athens, Georgia, United States Benchmark Automation LLC is a manufacturer of specialty material handling solutions and packaging equipment. Benchmark manufactures a wide range of high-quality conveyors, infeeds, loading, stacking, and packaging equipment tailored to the unique needs of food and bakery manufacturers. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-15 |
Greydon
York, Pennsylvania, United States Greydon, Inc. is a manufacturer of inline printing and coding products for flexible packaging. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| Size | Small |
| Type | Sector Agnostic |
Cornerstone Capital Holdings LLC is a private equity firm that seeks investments in manufacturing and industrial service companies generating sales of $5 - $100 million with an EBITDA of $1 - $10 million. The Firm generally looks to acquire privately held businesses or divisions of larger private or public companies. Specific sectors of interest include packaging-related products, specialty machinery, defense/aerospace products, specialty chemicals, rubbers, synthetics, electrical components and assemblies, niche branded products, automobile component manufacturers, general industrial business-to-business products, specialty catalog, niche distribution, and MRO providers. Cornerstone avoids investing in consulting, restaurants, construction, biotech, retail, and real estate. Cornerstone was formed in 2000 and has offices in Fort Worth, Texas and Blue Bell, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 6 |
| Sector (Machinery) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 5 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 5 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-05 |
NuSpace
Long Beach, California, United States NuSpace is a designer and manufacturer of satellite propellant tanks, domes, and ancillary space products. NuSpace also refurbishes the AWACS rotodome bearing assembly exclusively for the U.S. Air Force and NATO. NuSpace was founded in 1907 and is based in Long Beach, California. |
Buy | $5M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-01 |
IR Engraving
Sandston, Virginia, United States IR Engraving is a manufacturer of engraving industrial rolls and plates, gravure rolls, and building custom machinery in support of various industries including consumer goods, luxury vinyl tile, building products, and other industrial applications. IR Engraving is based in Sandston, Virginia. |
Buy | - |
