M&A Deal Summary |
|
|---|---|
| Date | 2010-03-31 |
| Target | InnoWare Plastic |
| Sector | Plastics |
| Buyer(s) | Solo Cup |
| Sellers(s) |
Norwest Equity Partners
NMP Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 24M USD |
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| Category | Company |
|---|---|
| Founded | 1936 |
| Sector | Manufacturing |
| Employees | 6,400 |
Solo Cup Company is focused on the manufacture of single-use products used to serve food and beverages for the consumer/retail, foodservice and international markets. Solo has broad product offerings available in paper, plastic, foam, post-consumer recycled content and annually renewable materials, and creates brand name products under the Solo®, Sweetheart® and Bare™ by Solo® names. The Company was established in 1936 and has a global presence with facilities in Canada, Europe, Mexico, Panama and the United States.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Plastics) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Wisconsin) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-12-22 |
Sweetheart Cup
Owings Mills, Maryland, United States Sweetheart Cup is a manufacturer and supplier of single-service foodservice and beverage-related products in paper, plastic, and foam. Sweetheart has three separate business units: Foodservice, Packaging, and Consumer. Foodservice provides products to independent and large national chain restaurants, schools, business and industry foodservice locations, hospitals, lodging, and recreation facilities. Packaging offers a variety of paper and plastic containers for cultured and dairy products. Consumer products, packaged in retail packs, are marketed for at-home consumption in both Sweetheart and private-label brands sold by leading retailers. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1961 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. NEP targets investments in businesses valued between $50 and $500 million, typically investing $50 to $250 million of capital per investment. Funds are typically used to fund management buyouts, recapitalizations, and growth financing. Sectors of interest include manufacturing, distribution, healthcare, technology/business services, and consumer products/services. NEP is affiliated with Norwest Mezzanine Partners, an investment partnership focused on providing junior capital to middle-market companies. Norwest Equity Partners is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 53 |
| Sector (Plastics) | 1 of 2 |
| Type (Add-on Acquisition) | 5 of 20 |
| State (Wisconsin) | 2 of 4 |
| Country (United States) | 12 of 51 |
| Year (2010) | 1 of 2 |
| Size (of disclosed) | 13 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-02-01 |
Gopher Resource
Eagan, Minnesota, United States Gopher Resource is a technologically-advanced secondary lead processor that recycles lead-acid batteries and other lead bearing materials, with a majority of the refined lead being used in automotive and industrial batteries. Additionally, the company recycles polypropylene from battery casings through its subsidiary, Resource Plastics. Gopher Resource employs more than 300 people and is headquartered in Eagan, Minnesota with an additional facility in Tampa, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-30 |
Univar
Downers Grove, Illinois, United States Univar Solutions is a global chemical and ingredient distributor and a provider of value-added services to customers across a wide range of industries. Univar was founded in 1924 and is based in Downers Grove, Illinois. |
Buy | $4.2B |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
NMP Capital is an independent investment firm focused on providing junior capital to a variety of lower middle-market companies in partnership with financial sponsors. NMP looks to commit $20 to $75 million in profitable companies with at least $10 million of EBITDA. NMP will consider opportunities in a wide range of industries including distribution, manufacturing, healthcare, and consumer. NMP Capital was formed in 2000 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 53 |
| Sector (Plastics) | 1 of 2 |
| Type (Add-on Acquisition) | 6 of 26 |
| State (Wisconsin) | 1 of 4 |
| Country (United States) | 16 of 51 |
| Year (2010) | 2 of 4 |
| Size (of disclosed) | 15 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-03-16 |
ATI Physical Therapy
Bolingbrook, Illinois, United States ATI Physical Therapy is a rehabilitation provider, specializing in research-based physical therapy, workers’ compensation rehab, employer worksite solutions, and sports medicine. ATI Physical Therapy was founded in 1996 and is based in Bolingbrook, Illinois. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-04-12 |
Liberty Dialysis
Merer Island, Washington, United States Liberty Dialysis LLC is the third largest dialysis services company in the world operating over 280 dialysis programs throughout the country. Liberty provides dialysis services to patients who have been diagnosed with end-stage renal disease (“ESRD”). |
Buy | - |
