M&A Deal Summary

The Anderson Group Acquires Thayer Power and Communications

On March 1, 2010, private equity firm The Anderson Group acquired construction company Thayer Power and Communications

Acquisition Highlights
  • This is The Anderson Group’s 1st transaction in the Construction sector.
  • This is The Anderson Group’s 10th transaction in the United States.
  • This is The Anderson Group’s 2nd transaction in Ohio.
Investment Fate
  • Thayer Power and Communications was sold to a financial buyer in 2020.

M&A Deal Summary

Date 2010-03-01
Target Thayer Power and Communications
Sector Construction
Buyer(s) The Anderson Group
Deal Type Special Situations/Distressed

Target

Thayer Power and Communications

Pataskala, Ohio, United States
Thayer Power and Communications is a provider of utility lines and related wiring and construction services. Thayer maintains a reputation for reliable, quality construction and repair of power and communication lines primarily in the states. Thayer Power and Communications was founded in 1964 and is based in Pataskala, Ohio.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

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 10 of 26
Sector: Construction M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 3 of 3
State: Ohio M&A 2 of 4
Country: United States M&A 10 of 26
Year: 2010 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-01 Michigan Wheel

Grand Rapids, Michigan, United States

Michigan Wheel is a designer and manufacturer of inboard and outboard marine propellers. The company's high-quality, innovative products are marketed under both OEM and aftermarket brands such as Michigan Propellers, Federal Propellers, Gold Line, Hytorq, Apollo, Ballistic, Rapture, Vortex, and others. Michigan Wheel was founded in 1903 and is based in Grand Rapids, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-01 Perfect Fit Industries

Charlotte, North Carolina, United States

Perfect Fit Industries, Inc. is a niche designer, manufacturer and marketer of short run textile products.

Buy -