M&A Deal Summary |
|
|---|---|
| Date | 2010-04-05 |
| Target | Tangent Rail |
| Sector | Transportation |
| Buyer(s) | Stella-Jones |
| Sellers(s) |
Incline Equity Partners
Barings Private Equity |
| Deal Type | Add-on Acquisition |
| Deal Value | 165M USD |
| Advisor(s) | BB&T Capital Markets (Financial) |
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| Category | Company |
|---|---|
| Founded | 1992 |
| Sector | Forest Products |
| Employees | 3,000 |
| Revenue | 3.3B CAD (2023) |
Stella-Jones is a leading North American manufacturer of pressure treated wood products. The Company's core product categories, railway ties and utility poles, provide basic elements of the economy's physical infrastructure. Stella-Jones' network of twenty-seven wood treating facilities are spread across fifteen U.S. states and five Canadian provinces. Stella-Jones was founded in 1992 and is based in Saint-Laurent, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Transportation) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 4 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 1 of 3 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-02 |
Ram Forest Group
Gormley, Ontario, Canada Ram Forest Group, Inc. is a manufacturer and seller of pressure treated wood products and accessories to the retail building materials industry. |
Buy | $60M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 5.8B USD |
| Size | Mega |
| Type | Sector Agnostic |
Incline Equity Partners is a private equity firm focused on lower middle-market growth companies. The Firm targets companies located in the US and Canada with enterprise values ranging from $25 to $750 million. Prospective transaction types include buyouts, minority recapitalizations, and corporate divestitures. Incline Equity Partners was formerly known as PNC Equity Partners. The Firm is based in Pittsburgh.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 40 |
| Sector (Transportation) | 1 of 2 |
| Type (Add-on Acquisition) | 4 of 12 |
| State (Pennsylvania) | 2 of 5 |
| Country (United States) | 7 of 39 |
| Year (2010) | 2 of 4 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-01-20 |
Griffith Energy
Albion, New York, United States Griffith Energy a combined marketers of propane, heating oil, and power fuels in western and central New York. Based in Rochester, NY, Griffith distributes energy to more than 90,000 residential customers and more than 8,000 wholesale, commercial, and gasoline customers. Griffith also distributes gasoline, diesel fuel and kerosene to commercial customers such as farmers, trucking and construction companies, and to branded gasoline dealers such as Mobil, Sunoco, and Citgo. In November 2003, PNC Equity Partners worked exclusively with the management team of Griffith to buy the company from Energy East Corporation. PNC Equity Partners conducted the due diligence process, structured the financing, and negotiated the acquisition, investing $17.4 million in the form of preferred and common stock. In addition, PNC Equity Partners partnered with the former owner of Griffith who, along with management, made a significant capital contribution. PNC Equity Partners arranged the senior and subordinated financing with Merrill Lynch leading the senior debt syndicate and Allied Capital providing subordinated debt to complete the transaction. Since PNC Equity Partners' initial investment, the company has completed four acquisitions and refinanced its senior and subordinated debt. |
Sell | $125M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-06-01 |
Elevated Facility Services Group
Tampa, Florida, United States Elevated Facility Services Group is a provider of elevator maintenance, repair, and modernization services across all major brands of equipment. Oracle Elevator currently operates 22 branch locations across 13 states. Elevated Facility Services Group is based in Tampa, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 5.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Barings Private Equity is the private equity arm of global asset management firm Barings. The Group looks to invest in mezzanine, distressed, and other private equity transactions including secondaries and funds. Sectors of interest include manufacturing, business services, distribution, consumer products, consumer services, food products, packaging, and healthcare. Barings Private Equity was originally established in 1991 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 37 |
| Sector (Transportation) | 1 of 3 |
| Type (Add-on Acquisition) | 1 of 23 |
| State (Pennsylvania) | 1 of 2 |
| Country (United States) | 1 of 33 |
| Year (2010) | 1 of 2 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-19 |
Precision Wire Components
Tualatin, Oregon, United States Precision Wire Components designs and produces high precision medical wires and supporting components that are used in a wide variety of minimally invasive medical procedures. Precision Wire Components is based in Tualatin, Oregon. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-06-11 |
Wheaton Industries
Millville, New Jersey, United States Wheaton Industries, Inc. is a marketer, manufacturer and re-packager of containers, laboratory ware, instrumentation and associated products and services sold principally to customers in the general laboratory, life sciences, and diagnostics and reagent / chemicals packaging markets. |
Buy | - |
