M&A Deal Summary

RCD Acquires Detroit Tool & Engineering

On September 23, 2016, RCD acquired manufacturer Detroit Tool & Engineering from Thompson Street Capital Partners

Acquisition Highlights
  • This is RCD’s 1st transaction in the Manufacturing sector.
  • This is RCD’s 1st transaction in the United States.
  • This is RCD’s 1st transaction in Missouri.

M&A Deal Summary
Date 2016-09-23
Target Detroit Tool & Engineering
Sector Manufacturing
Buyer(s) RCD
Sellers(s) Thompson Street Capital Partners
Deal Type Add-on Acquisition

Target

Detroit Tool & Engineering

Lebanon, Missouri, United States
Detroit Tool & Engineering is a full-service engineering and manufacturing company providing custom automation solutions, custom equipment design, tool and die manufacturing, and build-to-spec services for a variety of industries including the appliance, agriculture, automotive, medical, pharmaceutical and consumer product markets.

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Buyer(S) 1

Buyer

RCD

Lebanon, Missouri, United States
Category Company
Sector Business Services
DESCRIPTION

RCD LLC is a Missouri based management and investment group held by executive Jim Sheldon.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Thompson Street Capital Partners

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Thompson Street Capital Partners is a private equity firm that targets control stakes in profitable, mid-sized North American companies with $5 to $20 million of EBITDA. Thompson Street looks for family businesses, private companies seeking liquidity, corporate divestitures, and public companies going private. Areas of interest include healthcare services, business services, electronics, information technology, and engineered products companies. Thompson Street will not consider investments in start-ups, early stage companies, or real estate. Thompson Street Capital was founded in 2000 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 20 of 47
Sector (Manufacturing) 2 of 3
Type (Add-on Acquisition) 10 of 24
State (Missouri) 1 of 5
Country (United States) 20 of 47
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-17 Complus Data Innovations

Tarrytown, New York, United States

Complus Data Innovations, Inc. is a provider of parking enforcement software solutions to municipalities and universities throughout the United States. The company offers the proprietary FastTrack ticket management software, state-of-the-art hardware including handheld ticket writers, and 24/7 “Signature Service” customer support. Complus was formed in 1986 and is based in Tarrytown, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-30 Domaille Engineering

Rochester, Minnesota, United States

Domaille Engineering is a provider of polishing machines and fixtures, inspection equipment and associated engineered products for the rapidly growing fiber-optic cable market. The Company also engineers and manufactures complex, mission-critical products for the defense, aerospace, national security, telecommunications, energy and medical sectors. Domaille Engineering was founded in 1990 and is based in Rochester, Minnesota.

Buy -
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