M&A Deal Summary

The Gladstone Companies Acquires ACME

On December 28, 2006, lender The Gladstone Companies acquired manufacturer ACME from Brant Point Partners for 23M USD

Acquisition Highlights
  • This is The Gladstone Companies’ 1st transaction in the Manufacturing sector.
  • This is The Gladstone Companies’ largest (disclosed) transaction.
  • This is The Gladstone Companies’ 2nd transaction in the United States.
  • This is The Gladstone Companies’ 1st transaction in Pennsylvania.
Investment Fate
  • ACME was sold to a consortium of financial buyers in 2016.
  • ACME was sold to a publicly-traded strategic buyer in 2021 for 295M USD.

M&A Deal Summary
Date 2006-12-28
Target ACME
Sector Manufacturing
Buyer(s) The Gladstone Companies
Sellers(s) Brant Point Partners
Deal Type Secondary Buyout
Deal Value 23M USD

Target

ACME

Allentown, Pennsylvania, United States
ACME is a manufacturer of vacuum insulated pipe used in the transmission of gasses that have been liquefied, repairs cryogenic storage tanks, and repairs and manufactures tank trailers used in transporting liquid nitrogen, oxygen, and helium, etc. ACME was established in 1969 and is based in Allentown, Pennsylvania.

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Buyer(S) 1

Buyer

The Gladstone Companies

Investor Investor Investor Investor Investor

Category Lender
Founded 2001
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Gladstone Companies manages a series of publicly traded investment vehicles and looks to make debt and equity investments in US-based small to middle-market businesses. The Firm focuses on second lien debt, mezzanine debt, secured and unsecured subordinated loans, equity and real estate sale leasebacks. Target investments generally range from $5 to $30 million in companies with over $3 million in EBITDA. Target sectors include manufacturing, industrial products, business and government Services, media, communications, consumer products and services, healthcare services, transportation, specialty chemicals, and energy services. The Gladstone Companies was formed in 2001 and is based in McLean, Virginia.

DEAL STATS #
Overall 2 of 23
Sector (Manufacturing) 1 of 5
Type (Secondary Buyout) 2 of 7
State (Pennsylvania) 1 of 2
Country (United States) 2 of 23
Year (2006) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-17 Chase Doors

Cincinnati, Ohio, United States

Chase Doors is a manufacturer and marketer of made-to-order impact traffic doors and specialty door systems. Chase Doors was founded in 1932 and is based in Cincinnati, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 A. Stucki

Moon Township, Pennsylvania, United States

A. Stucki Co. is a supplier of new and reconditioned railcar components selling to railcar OEMs, railroads, railcar leasing companies, and shippers that own railcars.

Buy -

Seller(S) 1

SELLER

Brant Point Partners

Category Private Equity Firm
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

Brant Point Partners is a private investment firm that looks to partner with other private equity sponsors in acquiring profitable, lower middle-market companies. The Firm generally pursues businesses with $10 to $60 million in revenue and at least $2 million of EBITDA. Areas of interest include business services, healthcare services, software, information services, and niche manufacturing. Brant Point Partners was established in 2006 and is headquartered in Radnor, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Secondary Buyout) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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