M&A Deal Summary

Rivet Acquires International Energy Services Pty

On April 1, 2012, Rivet acquired energy services and equipment company International Energy Services Pty from CPE Capital

Acquisition Highlights
  • This is Rivet’s 1st transaction in the Energy Services and Equipment sector.
  • This is Rivet’s 1st transaction in Australia.

M&A Deal Summary

Date 2012-04-01
Target International Energy Services Pty
Sector Energy Services and Equipment
Buyer(s) Rivet
Sellers(s) CPE Capital
Deal Type Add-on Acquisition

Target

International Energy Services Pty

Camberwell, Australia
International Energy Services Pty Ltd. is an Australian company providing transport logistics and fluid handling equipment to blue-chip clients in the fuels, chemicals, and resources sectors throughout Australia, Asia, and North America. The company is the leading provider of transport services for the petroleum, LPG, aviation fuels, and chemical industries in Australia and Singapore and a leading provider of transport services to customers in the Australian resources sector. IES also provides high-quality handling equipment for the fuels and hazardous chemicals sectors in Australia, Asia, and the USA. International Energy Services was founded in 2005 and is based in Camberwell, Australia.

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Buyer(S) 1

Buyer

Rivet

Camberwell, Australia

Category Company
Sector Transportation
DESCRIPTION

Rivet Ltd. is a provider of specialized transportation and logistics solutions, contract mining, equipment hire and maintenance, and aviation services. The Group consists of Rivet Mining Services, Rivet Energy, Rivet Energy Aviation, Refuel International, and SMS Mining Services. Rivet is based in Camberwell, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

CPE Capital

Sydney, Australia

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 3.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

CHAMP Private Equity is an Australian private equity firm focused on seed, expansion stage, and buyout investments across a range of industry sectors. CHAMP's buyout practice looks for businesses valued A$100 million and A$750 million, requiring at least A$30 million in equity capital. The Firm primarily looks for businesses operating in Australia and New Zealand. CHAMP is affiliated with New York based private equity firm Castle Harlan. CHAMP Private Equity was formed in 2000 and is based in Sydney.


DEAL STATS #
Overall 13 of 27
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 11
Country: Australia M&A 12 of 24
Year: 2012 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-30 Food Holdings Pty

Sydney, Australia

Food Holdings Pty Ltd dba Manassen Foods has been providing service excellence to the multi faceted FMCG industry and is today ranked in the top 40 suppliers. Manassen Food With an exceptional stable of the finest imported and local food brands, Manassen Foods is Australia’s leading independent grocery importer and a One-Stop-Shop solution for brand owners across the globe. Manassen Foods Australia employs a dedicated and passionate workforce of over 350 people whose values, commitment to excellence and corporate pride are commonly aligned.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-23 Gerard Lighting Pty

Padstow, Australia

Gerard Lighting Pty Ltd. is a lighting manufacturer and distributor in Australia. Gerard Lighting operates through a multi-brand business model, with key brands including Perlite, Sylvania, and Crompton. The Company has operations in New Zealand, India, the Middle East, the UK, Indonesia, and Malaysia. Gerard Lighting Pty was founded in 1920 and is based in Padstow, Australia.

Buy -