M&A Deal Summary

River Associates Acquires JBC Technologies

On January 31, 2020, private equity firm River Associates acquired manufacturer JBC Technologies

Acquisition Highlights
  • This is River Associates’ 4th transaction in the Manufacturing sector.
  • This is River Associates’ 30th transaction in the United States.
  • This is River Associates’ 4th transaction in Ohio.

M&A Deal Summary
Date 2020-01-31
Target JBC Technologies
Sector Manufacturing
Buyer(s) River Associates
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Angle Advisors LLC (Financial)

Target

JBC Technologies

North Ridgeville, Ohio, United States
JBC Technologies is a full-service engineering, die cutting, and supply chain partner of precision flexible components for a diverse range of end markets. JBC provides die cut and assembled components utilizing over 4,100 flexible material and component combinations, such as foams, foils, rubbers, fabrics, tapes, gaskets, and several others, including some proprietary blends developed in-house. JBC Technologies was founded in 1988 and is based in North Ridgeville, Ohio.

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Buyer(S) 1

Buyer

River Associates

Chattanooga, Tennessee, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

River Associates is a private equity firm that targets buyouts, divestitures and recapitalizations of lower middle-market companies. River looks for investments in manufacturing, high-margin distribution, industrial services and 'non-faddish' retail companies. The Firm focuses on companies located in the US and Canada with minimum sales of $15 million and EBITDA of $3 to $12 million. River Associates avoids investing in heavily regulated industries as well as start-up, high-technology, commodity or natural resource companies. River Associates was formed in 1989 and is based in Chattanooga, Tennessee.

DEAL STATS #
Overall 31 of 39
Sector (Manufacturing) 4 of 7
Type (Buyout (LBO, MBO, MBI)) 16 of 23
State (Ohio) 4 of 5
Country (United States) 30 of 37
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-01 Trident Solutions

Sherman, Texas, United States

Trident Solutions is a manufacturer of commercial marking products and customized vinyl films. Since the company’s inception, it has been creating products for a variety of end markets including the electrical, plumbing, utilities, forestry, surveying and irrigation industries. Trident was established in 1942 and is based in Sherman, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 Yale Cordage

Saco, Maine, United States

Yale Cordage is a designer and manufacturer of high-performance synthetic rope and rope systems for critical, high cost-of-failure applications. Yale Cordage was founded in 1950 and is based in Saco, Maine.

Buy -
Mergr

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