M&A Deal Summary |
|
|---|---|
| Date | 2021-11-03 |
| Target | TerraSource Global |
| Sector | Machinery |
| Buyer(s) | Right Lane Capital |
| Sellers(s) | Hillenbrand |
| Deal Type | Divestiture |
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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 | 7 of 9 |
| Sector (Machinery) | 2 of 4 |
| Type (Divestiture) | 4 of 6 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 6 of 7 |
| Year (2021) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-22 |
The Kirby
Cleveland, Ohio, United States The Kirby Co. is a manufacturer of home cleaning systems and related accessories. The Kirby Co. was founded in 1906 and is based in Cleveland, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-31 |
London Machinery
London, Ontario, Canada London Machinery is a manufacturer of concrete mixers trucks. London Machinery as a sole distributor of McNeilus refuse trucks, we offer a complete line of severe duty products. London Machinery was founded in 1906 and is based in London, Ontario. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1906 |
| Sector | Machinery |
| Employees | 10,400 |
| Revenue | 2.8B USD (2023) |
Hillenbrand is a diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe. Hillenbrand's portfolio is composed of two business segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service highly engineered industrial equipment around the world. Batesville is a recognized leader in the North American death care industry. Hillenbrand was founded in 1906 and is based in Batesville, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector (Machinery) | 3 of 3 |
| Type (Divestiture) | 4 of 5 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 4 of 5 |
| Year (2021) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-11 |
ABEL Pumps
Pittsburgh, Pennsylvania, United States ABEL Pumps designs and manufactures highly engineered reciprocating positive displacement pumps for a variety of end markets, including mining, marine, power, water, wastewater, and other general industries. The company’s diaphragm and high-pressure piston pumps serve harsh, demanding applications involving abrasive or corrosive substances and fluids with high solids content. ABEL Pumps is based in Pittsburgh, Pennsylvania. |
Sell | $104M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-20 |
Linxis Group
Nantes, France Linxis Group is a manufacturer of industrial equipment for the production of food, pharmaceutical, and cosmetic products. Linxis Group consists of six companies within their respective markets, designing, engineering, manufacturing, and installing equipment for food, cosmetics, and pharmaceutical production lines. Linxis Group was founded in 1988 and is based in Nantes, France. |
Buy | €572M |
