M&A Deal Summary |
|
|---|---|
| Date | 2010-11-12 |
| Target | Harry s Fresh Foods |
| Sector | Food |
| Buyer(s) |
Sun Capital Partners
Main Street Capital Holdings |
| Sellers(s) | Basic American Foods |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 90 of 172 |
| Sector: Food M&A | 6 of 10 |
| Type: Divestiture M&A Deals | 13 of 24 |
| State: Oregon M&A | 2 of 2 |
| Country: United States M&A | 68 of 118 |
| Year: 2010 M&A | 16 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-08 |
V&D B.V.
Amsterdam, Netherlands V&D is a department store chain in the Netherlands with 62 branches. V&D has a particularly strong presence in the Dutch market with more than 1.7 million visitors per week. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-19 |
Decorative Panels International
Toledo, Ohio, United States Decorative Panels International, Inc., a new entity doing business as DPI, was formed by Sun Capital for the purpose of acquiring the facilities. DPI produces high-quality hardboard and decorative paneling products, including tileboard, whiteboard, and wood grain paneling. The primary applications of the panels are for interior wall coverings in bathrooms, kitchens, offices, retail store fixtures, and other residential and industrial settings. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| Size | Small |
| Type | Sector Agnostic |
Main Street Capital Holdings is a private equity firm that acquires profitable, growth-oriented companies located in the US. Areas of interest include electronic manufacturing services, food, homeland security, metallic alloy parts manufacturers, niche manufacturing, and value-added distribution. Prospective companies should have EBITDA of at least $2 million. Main Street looks to invest $3 to $25 million per transaction in businesses valued up to $125 million. The Firm prefers control situations and will not invest in start-ups, turnarounds, commodities, retail, or restaurants. Main Street Capital Holdings is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 15 |
| Sector: Food M&A | 4 of 6 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Oregon M&A | 1 of 1 |
| Country: United States M&A | 8 of 14 |
| Year: 2010 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-10-22 |
Sajar Plastics
Middlefield, Ohio, United States Sajar Plastics, Inc. is a gas-assist injection molder company that supplies complex OEM parts for the medical, banking, consumer durables, and technology end-markets. The company utilizes three main injection molding processes: straight/standard, structural foam, and gas assist molding. Sajar Plastics was founded in 1949 and is based in Middlefield, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-01-31 |
Conelec of Florida
Sanford, Florida, United States Conelec of Florida LLC is a provider of electronic manufacturing services to original equipment manufacturers in the medical, military communications, and industrial markets. Conelec of Florida was founded in 1983 and is based in Sanford, Florida. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Food |
Basic American Foods has the best selling line of shelf-stable potatoes and beans today by combining consumer preferred taste with exceptional convenience.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Food M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Oregon M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2010 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-01-08 |
Ameriseed
Boise, Idaho, United States Ameriseed LLC engages in development and production of agricultural seeds. |
Sell | - |