M&A Deal Summary

TECT Acquires Tru-Circle

On October 20, 2004, TECT acquired manufacturer Tru-Circle from Laud Collier Capital

Acquisition Highlights
  • This is TECT’s 1st transaction in the Manufacturing sector.
  • This is TECT’s 1st transaction in the United States.
  • This is TECT’s 1st transaction in Kansas.

M&A Deal Summary
Date 2004-10-20
Target Tru-Circle
Sector Manufacturing
Buyer(s) TECT
Sellers(s) Laud Collier Capital
Deal Type Add-on Acquisition

Target

Tru-Circle

Wichita, Kansas, United States
Tru-Circle is a highly specialized manufacturer of extremely complex machined parts for the aerospace industry. The company manufactures rings or flanges used in turbine engines, as well as structural components and sub-assemblies.

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Buyer(S) 1

Buyer

TECT

Ft. Mitchell, Kentucky, United States
Category Company
Founded 2001
Sector Aerospace
DESCRIPTION

TECT Aerospace manufactures structural and mechanical airframe-ready components and assemblies for commercial, military, business and general aviation aircraft.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1

Seller(S) 1

SELLER

Laud Collier Capital

Short Hills, New Jersey, United States

Investor Investor Investor

Category Merchant Bank
Founded 2002
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Laud Collier Capital LLC is a private equity firm focused on acquiring controlling interests in US based middle-market companies. Sectors of interest include basic materials, consumer products, business services, distribution, and transportation. Laud Collier looks to commit $5 to $25 million of equity capital per transaction in companies valued up to $150 million. Laud Collier will not invest in oil and gas exploration, real estate, technology development, or retailing. Laud Collier Capital LLC was formed in 2002 and is based in Chatham, New Jersey.

DEAL STATS #
Overall 5 of 12
Sector (Manufacturing) 1 of 3
Type (Add-on Acquisition) 2 of 7
State (Kansas) 1 of 1
Country (United States) 5 of 12
Year (2004) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-08 B&G Foods

Parsippany, New Jersey, United States

B&G Foods is a manufacturer, seller, and distributor of a diversified portfolio of high-quality, shelf-stable branded food products including pickles and peppers, hot sauces, wine vinegar, maple syrup, molasses, snack foods, fruit spreads, pasta sauces, beans, ready-to-use spices, salad dressings, marinades, taco shells and kits, and taco sauce and seasonings. B&G Foods was founded in 1822 and is based in Parsippany, New Jersey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-01 Coveris Group

Vienna, Austria

Coveris is a global plastic packaging company formed by the combination of Exopack, Britton Group, Kobusch, PACCOR and Paragon Print & Packaging, the company is an established leader in the development, manufacture, and sourcing of flexible and rigid plastic and paper packaging, as well as coatings solutions for various consumer and industrial end-use markets. Coveris was founded in 2013 and is based in Vienna, Austria.

Buy -
Mergr

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