M&A Deal Summary

SouthernCarlson Acquires Carlson Systems Holdings

On November 13, 2014, SouthernCarlson acquired packaging company Carlson Systems Holdings from Tenex Capital Management

Acquisition Highlights
  • This is SouthernCarlson’s 1st transaction in the Packaging sector.
  • This is SouthernCarlson’s 2nd transaction in the United States.
  • This is SouthernCarlson’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2014-11-13
Target Carlson Systems Holdings
Sector Packaging
Buyer(s) SouthernCarlson
Sellers(s) Tenex Capital Management
Deal Type Merger

Target

Carlson Systems Holdings

Omaha, Nebraska, United States
Carlson Systems, LLC is a multi-regional distributor of product assembly systems serving the fastening and packaging needs of construction, industrial and OEM customers, with products such as hand-held nailers, staplers, tapers, marking and labeling products, stretch/shrink wrappers, and strappers.

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Buyer(S) 1

Buyer

SouthernCarlson

Omaha, Nebraska, United States
Category Company
Sector Distribution
Employees900
DESCRIPTION

SouthernCarlson, Inc. is a national distributor of fastening and packaging products and supplies across 34 states. The Company serves contractors, dealers, retailers, and manufacturers in construction and industrial end markets through its network of 140 retail locations and 15 distribution centers. SouthernCarlson combines industry-leading product availability and expertise with value-added services offering that includes tool repair services, a tool loan program, national account management, and dealer category management.

DEAL STATS #
Overall 2 of 5
Sector (Packaging) 1 of 1
Type (Merger) 2 of 2
State (Nebraska) 1 of 1
Country (United States) 2 of 5
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-13 Southern Fastening Systems

Muscle Shoals, Alabama, United States

Southern Fastening Systems (the “Company”) is a super-regional distributor of power-driven fasteners, packaging supplies, and specialty tools for the residential construction and general industrial manufacturing end-markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-10 Kentec

Snellville, Georgia, United States

Kentec, Inc. is a Georgia-based distributor of power-driven fasteners and pneumatic power tools used in the residential construction and general industrial manufacturing end-markets.

Buy -

Seller(S) 1

SELLER

Tenex Capital Management

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Tenex Capital Management is a private investment group focused on acquiring control positions in profitable North American companies with $3 to $40 million of EBITDA. The Firm does not have any sector preferences and looks to commit up to $125 million per transaction. Tenex Capital Management was formed in 1999 and is based in New York City.

DEAL STATS #
Overall 2 of 24
Sector (Packaging) 1 of 2
Type (Merger) 2 of 3
State (Nebraska) 1 of 3
Country (United States) 2 of 24
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-02 Carlson Systems Holdings

Omaha, Nebraska, United States

Carlson Systems, LLC is a multi-regional distributor of product assembly systems serving the fastening and packaging needs of construction, industrial and OEM customers, with products such as hand-held nailers, staplers, tapers, marking and labeling products, stretch/shrink wrappers, and strappers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-03 Fairmont Supply

Canonsburg, Pennsylvania, United States

Fairmont Supply is a national supplier of material management solutions, providing products utilized for the maintenance, repair and operations (MRO) of their customers’ capital equipment and business activities.

Buy -
Mergr

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