M&A Deal Summary |
|
|---|---|
| Date | 2022-07-13 |
| Target | Ligchine |
| Sector | Machinery |
| Buyer(s) | RAF Industries |
| Sellers(s) |
Blue Sage Capital
Hanover Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | CIBC Cleary Gull (Financial) Queen Saenz + Schutz (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1979 |
| Size | Middle-Market |
| Type | Sector Agnostic |
RAF Industries is a private investment group focused on acquiring manufacturing and service-oriented companies that produce both industrial and consumer products in the US. The company has a preference for businesses with strong management wishing to partner with RAF post-acquisition. For platform acquisitions, RAF generally looks for businesses with at least $5 million in cash-flow. The Firm targets businesses valued from $15 to $150 million. RAF Industries is particularly interested in the areas of building and DIY products, products, and services geared towards enhancing the elderly population's lifestyle, as well as products or services provided to high-end consumers. RAF Industries was formed in 1979 and is based in Bala Cynwyd, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 19 |
| Sector: Machinery M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 17 of 18 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-15 |
Earth Tech
Land O'Lakes, Florida, United States Earth Tech is a soil remediation firm. The company is a multi-generational business completing over 3,000 residential and commercial projects throughout the Southeast United States. Earth Tech’s technical expertise and services include cement and chemical grouting, steel underpinning and vibro-compaction to remedy loose soils in the earth. Earth Tech was established in 1991 and is based in Land O’Lakes, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-02 |
Freedom Medical
Exton, Pennsylvania, United States Freedom Medical is a provider of biomedical rental equipment and related outsourced support services to hospitals and long-term care centers throughout the U.S. The company’s biomedical equipment offerings include critical care equipment, respiratory therapy equipment, patient monitoring equipment, newborn care equipment and specialty beds. Freedom Medical was established in 1996 and is based in Exton, Pennsylvania. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Blue Sage Capital is a private investment firm that invests in lower middle-market companies that have the potential to become market leaders. Target businesses typically generate sales of $20 to $125 million and are valued up to $125 million. Blue Sage is a generalist firm with broad industry interest. Target sectors include industrial, distribution, service, healthcare, manufacturing, energy and media. Blue Sage geographically prefers companies located in Texas and the Southwest US. Blue Sage will not invest in banks, life insurance companies, oil and gas exploration and development projects, real estate development or companies located outside of the United States. Blue Sage was formed in 2003 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 23 |
| Sector: Machinery M&A | 5 of 5 |
| Type: Secondary Buyout M&A Deals | 4 of 6 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 19 of 22 |
| Year: 2022 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-12 |
Baker Manufacturing
Evansville, Wisconsin, United States Baker Manufacturing is a manufacturer of pumps for the viscous fluid transfer market; water well equipment and accessories for residential and industrial/municipal water systems; and short-run castings for general industrial markets. Baker Manufacturing was founded in 1873 and is based in Evansville, Wisconsin. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-29 |
Frontier Waste Solutions
Dallas, Texas, United States Frontier Waste Solutions is a provider of municipal solid waste services to the municipal, residential, commercial, and industrial markets. Frontier Waste Solutions was founded in 2017 and is based in Dallas, Texas. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| Size | Small |
| Type | Sector Agnostic |
Hanover Partners is a private investment firm that targets middle-market companies with enterprise value between $10 and $60 million and EBIT of at least $2 million. Hanover prefers manufacturing or service based businesses located in the United States that serve business customers. Avoided industries include retail, construction, consulting, job-shops, and distributors not adding specific value. Hanover Partners was formed in 1994 and is based in San Francisco, California with an additional office in Oswego, Oregon.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 14 |
| Sector: Machinery M&A | 5 of 6 |
| Type: Secondary Buyout M&A Deals | 4 of 4 |
| State: Wisconsin M&A | 1 of 1 |
| Country: United States M&A | 12 of 14 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-01 |
Powertronix
Foster City, California, United States Powertronix is a developer of power product solutions serving critical applications in the medical, renewable energy, electrical utility, and other diversified industrial sectors. Powertronix was founded in 1991 and is based in Foster City, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-09 |
Westside Equipment
Madera, California, United States Westside Equipment is a manufacturer of tomato and pistachio harvesting equipment and related parts. Westside Equipment started manufacturing machinery for the tomato harvesting industry in 2001 and has grown from a small operation with four employees to a global leader in the commercial tomato harvester equipment industry. Westside Equipment was founded in 1986 and is based in Madera, California. |
Sell | - |
