M&A Deal Summary |
|
|---|---|
| Date | 2024-02-23 |
| Target | Evergreen North America Industrial Services |
| Sector | Business Services |
| Buyer(s) | Quanta Services |
| Sellers(s) |
The Sterling Group
Ardian |
| Deal Type | Add-on Acquisition |
| Advisor(s) | BlackArch (Financial) Latham & Watkins (Legal) |
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| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Construction |
| Employees | 58,400 |
| Revenue | 23.7B USD (2024) |
Quanta Services is a provider of specialized contracting services, delivering infrastructure solutions for the electric power, natural gas pipeline, and telecommunication industries. Quanta Services was founded in 1997 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 21 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 21 of 21 |
| State: Texas M&A | 4 of 4 |
| Country: United States M&A | 20 of 20 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-02 |
Blattner
Avon, Minnesota, United States Blattner is a diversified renewable energy contractor providing expertise and collaborative construction solutions nationwide. Blattner is based in Avon, Minnesota. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 9.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $1000 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 36 |
| Sector: Business Services M&A | 4 of 5 |
| Type: Add-on Acquisition M&A Deals | 4 of 5 |
| State: Texas M&A | 5 of 6 |
| Country: United States M&A | 29 of 33 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-27 |
B laster
Valley View, Ohio, United States B’laster is a manufacturer of penetrants, lubricants, rust inhibitors, and a full line of specialty, highly concentrated formulas for the automotive, industrial, and hardware industries. B’laster was formed in 1957 and is based in Valley View, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-02 |
Russell Landscape Group
Sugar Hill, Georgia, United States Russell Landscape Group is a provider of full-service landscape maintenance, installation, and design services to commercial end markets throughout the Southeast region. Russell Landscape Group was founded in 1987 and is based in Sugar Hill, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €1 billion per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 228 of 247 |
| Sector: Business Services M&A | 20 of 20 |
| Type: Add-on Acquisition M&A Deals | 57 of 63 |
| State: Texas M&A | 6 of 6 |
| Country: United States M&A | 26 of 29 |
| Year: 2024 M&A | 1 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-06 |
My Pie
Gorron, France My Pie is a producer and distributor of hot snacks to supermarkets. My Pie was founded in 2015 and is based in Gorron, France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-21 |
SER Group
Bonn, Germany SER Group is a European enterprise content management solutions (ECM) software company. SER began as a provider of electronic archiving and has grown into a supplier of state-of-the-art ECM solutions to companies throughout Europe. SER Group was founded in 1984 and is headquartered in Bonn, Germany. |
Sell | - |
