M&A Deal Summary

The Anderson Group Acquires World Precision Instruments

On May 2, 2016, private equity firm The Anderson Group acquired test/measurement equipment company World Precision Instruments

Acquisition Highlights
  • This is The Anderson Group’s 1st transaction in the Test/Measurement Equipment sector.
  • This is The Anderson Group’s 19th transaction in the United States.
  • This is The Anderson Group’s 2nd transaction in Florida.

M&A Deal Summary
Date 2016-05-02
Target World Precision Instruments
Sector Test/Measurement Equipment
Buyer(s) The Anderson Group
Deal Type Buyout (LBO, MBO, MBI)

Target

World Precision Instruments

Sarasota, Florida, United States
World Precision Instruments is a global manufacturer and supplier of precision instruments, equipment and surgical tools used primarily in pre-clinical research and drug discovery with specific expertise in tissue and cell biology, physiology and electrophysiology research. World Precision Instruments was founded in 1967 and is based in Sarasota, Florida.

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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 19 of 25
Sector (Test/Measurement Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 12 of 15
State (Florida) 2 of 3
Country (United States) 19 of 25
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-01 Perfect Fit Industries

Charlotte, North Carolina, United States

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

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-18 Red Monkey Foods

Springfield, Missouri, United States

Red Monkey Foods is a provider of organic spices, seasonings, and other natural dry food products. Operating out of a state-of-the-art facility, the company manages gourmet store brand programs for many of the nation’s largest food, mass, and specialty retailers. Red Monkey Foods was founded in 2002 and is based in Springfield, Missouri.

Sell -
Mergr

Product

Company

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