M&A Deal Summary

Sanmar Holdings Acquires Matrix Metals

On April 3, 2008, Sanmar Holdings acquired metals/mining company Matrix Metals from Jefferies Capital Partners

Acquisition Highlights
  • This is Sanmar Holdings’ 1st transaction in the Metals/Mining sector.
  • This is Sanmar Holdings’ 1st transaction in the United States.
  • This is Sanmar Holdings’ 1st transaction in Texas.

M&A Deal Summary

Date 2008-04-03
Target Matrix Metals
Sector Metals/Mining
Buyer(s) Sanmar Holdings
Sellers(s) Jefferies Capital Partners
Deal Type Add-on Acquisition

Target

Matrix Metals

Richmond, Texas, United States
Matrix Metals LLC - is a global manufacturing, sourcing and distribution business serving the needs of North American-based, industrial users of metal castings. The Company supplies metal castings of all sizes and alloys to customers in a wide variety of industries, such as flow control, locomotive, mining, farm equipment, heavy construction, over the road trucks and rail

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Buyer(S) 1

Buyer

Sanmar Holdings

Chennai, India

Category Company
Founded 1962
Sector Chemicals
DESCRIPTION

Sanmar Holdings Limited engages in chemicals, engineering, and shipping businesses. It manufactures and markets PVC resins, caustic soda, chlorochemicals, and refrigerant gas and industrial salt; and fumed silica.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1

Seller(S) 1

SELLER

Jefferies Capital Partners

New York, New York, United States

Category Private Equity Firm
Founded 1994
PE ASSETS 850M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Jefferies Capital Partners is a private equity investment firm that seeks to invest in later-stage growth companies, management buyouts, and support of corporate expansion and industry consolidation. The firm makes equity and equity-linked investments between $20 million and $100 million per transaction. Jefferies does not invest in start-ups, early-stage ventures or real estate. The firm seeks companies with revenue between $10 million to $500 million per annum. Jefferies targets companies involved in the following industries: consumer, energy, financial services, healthcare, manufacturing and distribution, media, telecommunications and transportation. Jefferies Capital Partners is based in New York, New York.


DEAL STATS #
Overall 22 of 28
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 14 of 17
State: Texas M&A 5 of 5
Country: United States M&A 21 of 27
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-01 United Maritime Group

Tampa, Florida, United States

United Maritime Group is a U.S-based water transportation company that handles coal, petroleum coke, phosphate, grain and other bulk commodities in the U.S and internationally. It operates U.S. United Ocean Services, a U.S-flag oceangoing fleet; U.S United Barge Line, a river barge fleet on the U.S inland waterways; U.S United Bulk Terminal, a dry-bulk commodity deep-water transfer and storage terminal; and U.S United Bulk Logistics, which combines the global resources of United Maritime Group into customized and integrated transportation and distribution systems for its customers.

Buy $405M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-01 Patara Oil & Gas

Houston, Texas, United States

Patara Oil & Gas engages in the acquisition, development and production of conventional natural gas and crude oil properties. The Company seeks lower risk, on-shore, producing oil and gas properties that offer significant upside potential achieved through the expansion and development of the acquired assets. Patara currently focuses operations in East Texas as well as in the Paradox Basin of Utah and Colorado.

Buy -