M&A Deal Summary

Sonepar USA Acquires OneSource Distributors

On October 1, 2011, Sonepar USA acquired distribution company OneSource Distributors from New Heritage Capital

Acquisition Highlights
  • This is Sonepar USA’s 11th transaction in the Distribution sector.
  • This is Sonepar USA’s 11th transaction in the United States.
  • This is Sonepar USA’s 2nd transaction in California.

M&A Deal Summary
Date 2011-10-01
Target OneSource Distributors
Sector Distribution
Buyer(s) Sonepar USA
Sellers(s) New Heritage Capital
Deal Type Add-on Acquisition

Target

OneSource Distributors

Oceanside, California, United States
OneSource Distributors is a wholesale distributor of electrical products. automation controls, industrial supplies. Company also offer a full range of tool & safety products, wire & specialty cable, and solar equipment. OneSource is an authorized Allen-Bradley and Rockwell Automation distributor, with 17 locations serving San Diego, Los Angeles and all of southern California, Nevada, Arizona, Hawaii, and Mexico.

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Buyer(S) 1

Buyer

Sonepar USA

Philadelphia,, Pennsylvania, United States
Category Company
Founded 1998
Sector Distribution
DESCRIPTION

Sonepar USA is a provider of business-to-business distribution of electrical products and related solutions.

DEAL STATS #
Overall 11 of 15
Sector (Distribution) 11 of 15
Type (Add-on Acquisition) 11 of 15
State (California) 2 of 2
Country (United States) 11 of 15
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-02 Independent Electric Supply

San Leandro, California, United States

Independent Electric Supply, Inc. is a distributor of electrical products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-23 Codale Electric Supply

Salt Lake City, Utah, United States

Codale Electric Supply, Inc. is a distributor of electrical products in the commercial, industrial, utility and datacomm sectors.

Buy -

Seller(S) 1

SELLER

New Heritage Capital

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 1.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

New Heritage Capital LLC is a private investment firm specializing in the acquisition and equity-based recapitalization of private, family owned businesses. Heritage looks to invest in growing, middle-market companies with at least $30 million in annual revenue and EBITDA of at least $4 million. Target sectors include aerospace, consumer products, food/beverage, media/publishing, healthcare, manufacturing, pet products, plastics/packaging, printing, and value-added distribution. New Heritage Capital LLC was formed in 2006 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 13 of 22
Sector (Distribution) 2 of 2
Type (Add-on Acquisition) 5 of 9
State (California) 3 of 4
Country (United States) 12 of 19
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-01 REACH Air Medical Services

Santa Rosa, California, United States

REACH Air Medical Services is a provider of emergency air medical transport services. REACH provides the highest quality patient care through 18 bases in California, Oregon and Texas utilizing a fleet of 29 rotor-wing and fixed-wing aircraft.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-02 Covalent Health

Cotati, California, United States

Covalent Health is a provider of innovative logistics solutions to hospitals, payors, physicians, and health systems. The company operates through subsidiaries ProTransport-1, PRN Ambulance, Century Ambulance, and ATS Ambulance in the Northern California, Southern California, Northern Florida and the Metropolitan Chicago/Indianapolis markets. Covalent Health is based in Cotati, Califonia.

Buy -
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