M&A Deal Summary

The Anderson Group Acquires MetalMart

On August 12, 2024, private equity firm The Anderson Group acquired metals/mining company MetalMart

Acquisition Highlights
  • This is The Anderson Group’s 1st transaction in the Metals/Mining sector.
  • This is The Anderson Group’s 24th transaction in the United States.
  • This is The Anderson Group’s 3rd transaction in California.

M&A Deal Summary
Date 2024-08-12
Target MetalMart
Sector Metals/Mining
Buyer(s) The Anderson Group
Deal Type Buyout (LBO, MBO, MBI)

Target

MetalMart

Commerce, California, United States
MetalMart specializes in the distribution of exotic specialty metals. The company is an AS9100 supplier of hard alloy aluminum extrusions and a distributor of wrought magnesium in North America. It supplies specialty metals including titanium, PH Steels, Hi Temperature alloys, and other aerospace quality requirements. MetalMart was formed in 1974 and is based in Commerce, California.

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Buyer(S) 1

Buyer

The Anderson Group

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1985
Size Small
Type Sector Agnostic
DESCRIPTION

The Anderson Group is a private equity firm focused on acquiring US-based companies at the lower end of the middle-market. While Anderson will consider divestitures, generational sales, cash flow transactions, and leveraged recapitalizations, the Firm prefers investing in distressed businesses needing operational improvement. Target companies should have at least $10 million in revenue and $1 million in EBITDA (no minimum EBITDA in restructuring situations). Anderson is a generalist investor, however, the Firm avoids technology, natural resources or retail businesses. The Anderson Group was formed in 1985 and is based in St. Petersburg, Florida.

DEAL STATS #
Overall 24 of 25
Sector (Metals/Mining) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 15 of 15
State (California) 3 of 3
Country (United States) 24 of 25
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-28 Parkview Health Services

Buffalo, New York, United States

Parkview Health Services is a pharmacy service provider. The company's products and services to long-term care agencies, which include assisted living facilities, developmentally disabled residences, chemical dependency rehabilitation facilities, group homes, and mental health clinics. Parkview Health Services was founded in 1985 and is based in Buffalo, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-17 Double B Foods

Arlington, Texas, United States

Double B Foods is a producer of meat snacks and frozen prepared food products for the private label and co-pack retail and food service industries. Double B Foods was founded in 1971 and is based in Arlington, Texas.

Buy -
Mergr

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