M&A Deal Summary |
|
|---|---|
| Date | 2006-11-08 |
| Target | FMI International |
| Sector | Business Services |
| Buyer(s) | Summit Global Logistics |
| Sellers(s) |
American Capital
KRG Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 100M USD |
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| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Transportation |
| Employees | 798 |
Summit Global is a leading third party logistics company providing a full suite of supply chain management services in the United States, Asia (including China, Taiwan, Thailand and Vietnam), Russia, the Commonwealth of Independent States, Eastern Mediterranean, the Middle East and India. The Company operates both contract logistics and freight forwarding/NVOCC operations in approximately 25 key transportation hubs across the globe.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-30 |
FMI International
Carteret, New Jersey, United States FMI International, Inc is a leading third party logistics provider to the U.S. apparel industry. The services include including freight forwarding, transloading, warehousing, distribution, and local and long distance ground transportation to the U.S. import apparel industry. Along the entire transport route, FMI offers a comprehensive inventory tracking system that enables customers to locate their merchandise at any point on the supply chain. FMI is one of the few companies in the industry with expertise in garment-on-hanger shipping, a shipping method in which delicate apparel remains hung on slick rails throughout its transport, avoiding the weight and pressure of other garments that could adversely affect their appearance. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 22.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 194 |
| Sector (Business Services) | 5 of 14 |
| Type (Add-on Acquisition) | 30 of 87 |
| State (New Jersey) | 2 of 6 |
| Country (United States) | 54 of 186 |
| Year (2006) | 24 of 26 |
| Size (of disclosed) | 41 of 56 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-06 |
Precitech
Keene, New Hampshire, United States Precitech, Inc. designs and manufactures ultra precision machining solutions for diamond turning, milling, and grinding which are used to produce optical lenses, mold inserts, mirrors, and precision mechanical components. Our machines produce rotationally symmetric, asymmetric, freeform, and sculpted geometries with form tolerances in the sub-micron range and nanometer surface finishes. |
Sell | $13M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-09 |
Creditcards.Com
Austin, Texas, United States Creditcards.Com, Inc. is a Internet lead generation and marketing organization that operates a top-ranked website where consumers can search for, compare and apply for credit cards |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 4.4B USD |
| Size | Large |
| Type | Sector Agnostic |
KRG Capital Partners is a private equity investment firm focused on acquiring controlling interests in middle-market companies. Prospective transaction situations include owner recapitalizations, management buyouts of private companies, mangement buyouts of corporate divisions, outright purchases, and family successions. Target companies typically generate sales of $35 to $400 million and EBITDA of $10 to $100 million. Sectors of interest include healthcare services, medical technology and life sciences; business services and distribution; construction materials and services; transportation services; marketing; specialty finance and insurance; aerospace, defense, and government services; energy services and products; and infrastructure. KRG primarily looks for opportunities located in the US and Canada but will selectively consider investments in Western Europe. KRG was formed in 1996 and is based in Denver, Colorado with additional offices in Mill Valley, California and Las Vegas, Nevada.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 41 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 10 of 21 |
| State (New Jersey) | 1 of 2 |
| Country (United States) | 16 of 40 |
| Year (2006) | 5 of 5 |
| Size (of disclosed) | 11 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-01 |
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. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-01 |
Avizent
Dublin, Ohio, United States Avizent is a regional service providers to the self-insured and high deductible workers’ compensation, GL/PL, auto and other liability markets. |
Buy | - |
