M&A Deal Summary |
|
|---|---|
| Date | 2021-07-22 |
| Target | Kirby |
| Sector | Consumer Products |
| Buyer(s) | Right Lane Capital |
| Sellers(s) | Berkshire Hathaway |
| Deal Type | Divestiture |
SEARCH BY
Right Lane Capital is a private holding company focused on acquiring lower-middle market ($5 to $100 million of revenue) companies with no investment horizon. The Firm prefers industrial businesses including equipment manufacturing, component manufacturing, industrial services, specialty distribution, agriculture, and power generation. Prospective transaction situations include take privates, buyouts, divestitures, distressed situations, and recapitalizations. Right Lane Capital is headquartered in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 9 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 6 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 5 of 7 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-03 |
Belt Concepts
Spring Hope, North Carolina, United States Belt Concepts of America manufactures lightweight PVC conveyor belts out of its 150,000 square foot factory. The company is known for providing both standard and customized conveyor belting solutions for a wide variety of industries including food processing, package and baggage handling, recycling, agriculture & others. Belt Concepts is based in Spring Hope, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-03 |
TerraSource Global
St. Louis, Missouri, United States TerraSource Global is a manufacturer of high-quality material sizing equipment based on the Gundlach, Jeffrey Rader and Pennsylvania Crusher brands. TerraSource Global is based in St. Louis, Missouri. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1839 |
| Sector | Diversified |
| Employees | 392,400 |
| Revenue | 424.2B USD (2024) |
Berkshire Hathaway is a diversified holding company. Its subsidiaries engage in a wide range of business activities including insurance, utilities, renewable energy, freight rail transportation, finance, manufacturing, retailing, and business services. Berkshire Hathaway was founded in 1839 and is based in Omaha, Nebraska.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2021 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-30 |
Axalta
Philadelphia, Pennsylvania, United States Axalta is a global manufacturer, marketer and distributor of advanced coating systems primarily for the transportation industry. Axalta comprises four segments: refinish, OEM, industrial liquid and powder. Axalta operates manufacturing sites on six continents, serving customers in 120 countries directly and through 4,000 distributors. Axalta Coating Systems was incorporated in 1866 and is based in Philadelphia, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-08 |
Paytm
Noida, India Paytm is a mobile value added service company through its mobile content, messaging, commerce services, and made-to-order network applications, it offers new revenue streams to telecom operators. Working closely with service providers and enterprises, the company offers customer lifecycle management and mobile marketing to enhance profitability. Paytm was founded in 2000 and is based in Noida, Uttar Pradesh. |
Sell | - |