M&A Deal Summary

Simpson Manufacturing Acquires Etanco

On December 29, 2021, Simpson Manufacturing acquired building materials company Etanco from Intermediate Capital Group for 725M EUR

Acquisition Highlights
  • This is Simpson Manufacturing’s 2nd transaction in the Building Materials sector.
  • This is Simpson Manufacturing’s 0th largest (disclosed) transaction.
  • This is Simpson Manufacturing’s 1st transaction in France.

M&A Deal Summary
Date 2021-12-29
Target Etanco
Sector Building Materials
Buyer(s) Simpson Manufacturing
Sellers(s) Intermediate Capital Group
Deal Type Add-on Acquisition
Deal Value 725M EUR

Target

Etanco

Le Pecq, France
Etanco is a designer, manufacturer, and distributor of building fastener and fixing systems. Etanco was founded in 1952 and is headquartered in Le Pecq, France.

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Buyer(S) 1

Buyer

Simpson Manufacturing

Pleasanton, California, United States
Category Company
Founded 1956
Sector Building Materials
Employees5,497
Revenue 2.2B USD (2023)
DESCRIPTION
Entrance to Simpson's corporate headquarters in Pleasanton, California.
Entrance to Simpson's corporate headquarters in Pleasanton, California.

Simpson Manufacturing designs, engineers and is a manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated shearwalls, and concrete construction products used for concrete, masonry and steel, including adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools and fiber reinforcing materials. Simpson Manufacturing was founded in 1956 and is based in Pleasanton, California.

DEAL STATS #
Overall 4 of 4
Sector (Building Materials) 2 of 2
Type (Add-on Acquisition) 4 of 4
Country (France) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-31 S&P Clever Reinforcement Company AG

Schwyz, Switzerland

S&P Clever manufactures and sells engineered materials for repair, strengthening, and restoration of concrete and masonry construction and has operations in Switzerland, Germany, Portugal, Poland, The Netherlands and Austria.

Buy $61M

Seller(S) 1

SELLER

Intermediate Capital Group

London, United Kingdom

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1989
PE ASSETS 74.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.

DEAL STATS #
Overall 211 of 217
Sector (Building Materials) 9 of 9
Type (Add-on Acquisition) 66 of 67
Country (France) 57 of 58
Year (2021) 5 of 5
Size (of disclosed) 28 of 73
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-18 Suanfarma

Alcobendas, Spain

Suanfarma is a provider in developing, producing, and marketing raw materials and finished dosage forms for the pharmaceutical, biotechnological, veterinary, nutritional, and cosmetic sectors. Suanfarma was founded in 1993 and is based in Alcobendas, Spain.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Travel Chapter

Bideford, United Kingdom

Travel Chapter is a holiday rental platform, offering a wide selection of 8,000 high-quality properties across the UK. It has a number of consumer brands including its flagship brand Holidaycottages.co.uk and specialist lifestyle and regional brands such as Canine Cottages and Cottages & Castles, all focused on delivering exceptional customer service. Travel Chapter was formed in 1989 and is based in Bideford, United Kingdom.

Buy -
Mergr

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