M&A Deal Summary

ShoreView Industries Acquires Hermetic Solutions Group

On December 1, 2016, private equity firm ShoreView Industries acquired packaging company Hermetic Solutions Group

Acquisition Highlights
  • This is ShoreView Industries’ 4th transaction in the Packaging sector.
  • This is ShoreView Industries’ 27th transaction in the United States.
  • This is ShoreView Industries’ 3rd transaction in Pennsylvania.
Investment Fate
  • Hermetic Solutions Group was sold to a consortium of financial buyers in 2019.
  • Hermetic Solutions Group was sold to a strategic buyer in 2022.

M&A Deal Summary

Date 2016-12-01
Target Hermetic Solutions Group
Sector Packaging
Buyer(s) ShoreView Industries
Deal Type Consolidation

Target

Hermetic Solutions Group

Trevose, Pennsylvania, United States
Hermetic Solutions Group is a provider of advanced hermetic packaging and components designed to ensure critical electronic systems function reliably in demanding environments where it is essential to control for factors such as weight, space, vibration, temperature, moisture and off-gassing. Hermetic Solutions Group was founded in 2016 and is based in Pennsylvania, United States.

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Buyer(S) 1

Buyer

ShoreView Industries


Category Private Equity Firm
Founded 2002
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

ShoreView Industries is a middle-market private investment principally focused on partnering with family or entrepreneurial-owned companies. ShoreView will consider a variety of investment situations, including buyouts, leveraged recapitalizations, minority investments, and industry consolidations. Areas of interest include engineered products, distribution, industrial services, business services, and niche consumer products. ShoreView industries was established in 2002 and is headquartered in Minneapolis, Minnesota.


DEAL STATS #
Overall 28 of 47
Sector: Packaging M&A 4 of 5
Type: Consolidation M&A Deals 1 of 1
State: Pennsylvania M&A 3 of 5
Country: United States M&A 27 of 46
Year: 2016 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 Kibbi

Bristol, Indiana, United States

Kibbi LLC is a manufacturer of specialty trailers and recreational vehicles. The Company manufactures all of its vehicles on commercial chassis, utilizing proprietary manufacturing techniques, which allows consumers with large cargo capacity needs to tow heavy loads safely. Kibbi sells its products through a network of specialty vehicle and trailer dealers. Kibbi was established in 1997 and is based in Bristol, Indiana.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-22 Pacific Aerospace & Electronics

Wenatchee, Washington, United States

Pacific Aerospace & Electronics, Inc. is an integrated manufacturer of hermetic electronic packages and interconnect solutions for leading defense, medical, energy and space companies. The company specializes in using unique materials and manufacturing processes to bring technically demanding custom product designs to market by optimizing for size, weight, thermal conductivity and electronic performance.

Sell -