M&A Deal Summary |
|
|---|---|
| Date | 2008-06-03 |
| Target | W-H Energy Services |
| Sector | Energy Services and Equipment |
| Buyer(s) | Smith International |
| Sellers(s) |
TJC
NewCastle Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 3.2B USD |
| Advisor(s) | UBS Investment Bank (Financial) Bracewell (Legal) |
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| Category | Company |
|---|---|
| Founded | 1936 |
| Sector | Distribution |
| Employees | 21,000 |
Smith International, Inc. is a supplier of products and services to the oil and gas exploration and production industry, the petrochemical industry and other industrial markets.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector (Energy Services and Equipment) | 3 of 3 |
| Type (Add-on Acquisition) | 5 of 5 |
| State (Texas) | 4 of 4 |
| Country (United States) | 5 of 5 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-16 |
DSI Inspection Services
Bridgeport, Texas, United States DSI Inspection Services is a provider of oilfield services including hardbanding, tubing inspection and maintenance, equipment manufacturing, repair and refurbishment and trucking. Founded in 1978, DSI is headquartered in Bridgeport, TX. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-01 |
Smith International - Drilling Jar Product Line
Houston, Texas, United States Smith International, Inc. - Drilling Jar Product Line is a distributor of Sup-R-Jar drilling jar line in US. |
Sell | $17M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 58 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 8 of 21 |
| State (Texas) | 3 of 6 |
| Country (United States) | 19 of 56 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 2 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-21 |
PRG
Armonk, New York, United States PRG is a provider of lighting equipment and services to the premier live event industry, operating as a single-source provider of technology solutions to a marketplace that includes live entertainment (live theater, concert touring, film and television and special events), corporate events (trade and industrial shows) and themed environment (gaming, theme parks and retail) markets. PRG was formed in 1999 and is based in Armonk, New York. |
Buy | $600M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-25 |
Harvey Gulf
New Orleans, Louisiana, United States Harvey Gulf is a marine transportation company that specializes in providing offshore supply and multi-purpose support vessels for deepwater oil & gas operations in the U.S. Gulf of Mexico. Harvey Gulf was formed in 1955 and is based in New Orleans, Louisiana. |
Buy | $500M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| Size | Small |
| Type | Sector Focused |
NewCastle Partners is an independent investment firm focused on acquiring smaller middle-market companies in partnership with management. The Firm targets profitable, US-based businesses with defensible market positions. Prospective companies generally have at least $2 million in EBITDA and generate sales of $10 to $50 million. Sectors of interest include niche manufacturing and specialty distribution. Target transactions include recapitalizations, buyouts, growth capital financings, and consolidations. NewCastle was formed in 2001 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 16 |
| Sector (Energy Services and Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 6 of 10 |
| State (Texas) | 3 of 3 |
| Country (United States) | 11 of 16 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-06-01 |
World Dryer
Berkeley, Illinois, United States World Dryer Corp. is a manufacturer and worldwide distributor of warm air hand dryers for commercial bathrooms. World Dryer was founded in 1948 and is based in Berkeley, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-04-14 |
Jackson Products
Fenton, Missouri, United States Jackson markets and distributes personal and highway safety products. Jackson’s product lines include welding helmets, auto-darkening filters, hardhats, hearing protection devices, spectacles, traffic cones, traffic barricades and safety vests. |
Sell | - |
