M&A Deal Summary |
|
|---|---|
| Date | 2020-12-16 |
| Target | Jet Edge Waterjet Systems |
| Sector | Machinery |
| Buyer(s) | Stratford-Cambridge Group |
| Sellers(s) | Spell Capital Partners |
| Deal Type | Secondary Buyout |
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Stratford-Cambridge Group is a private equity firm focused on acquisitions of lower-middle market companies operating in basic industries. The Firm targets profitable businesses in the Midwest US with $1 to $5 million of EBITDa. Industries of interest include niche manufacturing, engineered products/services, and valued-added distribution in the industrial sector. Prospective transaction situations include buyouts of closely held companies, corporate divestitures, and recapitalizations. Stratford-Cambridge Group was established in 2009 and is headquartered in Plymouth, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Machinery M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Minnesota M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-11 |
AIC Equipment & Controls and Plasti-Co. Equipment Co.
Wixom, Michigan, United States AIC Equipment manufactures and distributes aftermarket injection molding machine components such as barrels, feed screws & nozzles. Additionally, it sells injection molding machines and auxiliary equipment as a manufacturers’ representative through its AIC Equipment & Controls and Plasti-Co. brand. AIC is based in Wixom, Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Spell Capital Partners is a private equity firm that targets control investments in lower middle-market manufacturing and distribution businesses. Spell targets companies with at least $5 million in annual revenues and minimum EBITDA of $1 million. The Firm's target equity investment size range is $2 to $15 million. Spell prefers opportunities located in the upper-midwestern states of Minnesota, Iowa, Wisconsin, North Dakota, South Dakota, Indiana, Illinois, and Nebraska. Spell Capital Partners was formed in 1988 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 37 |
| Sector: Machinery M&A | 5 of 5 |
| Type: Secondary Buyout M&A Deals | 10 of 11 |
| State: Minnesota M&A | 7 of 9 |
| Country: United States M&A | 30 of 37 |
| Year: 2020 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-07 |
Vestal Manufacturing
Sweetwater, Tennessee, United States Vestal Manufacturing is a manufacturer and distributor of cast iron and steel fabricated components to municipalities, original equipment manufacturers and the home, hearth and patio industries. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-15 |
Falls Fabricating
Little Falls, Minnesota, United States Falls Fabricating specializes in contract manufacturing OEM products for a variety of industrial market customers. Falls Fabricating offers a full range of metal fabricating, CNC machining, and assembly services including, precision sheet metal shearing, punching, forming, manual and robotic welding, metal finishing, and powder coat paint. Falls Fabricating was founded in 1973 and is based in Little Falls, Minnesota. |
Sell | - |