M&A Deal Summary

The Gores Group Acquires The Clark Group

On November 4, 2011, private equity firm The Gores Group acquired transportation company The Clark Group

Acquisition Highlights
  • This is The Gores Group’s 2nd transaction in the Transportation sector.
  • This is The Gores Group’s 43rd transaction in the United States.
  • This is The Gores Group’s 1st transaction in New Jersey.
Investment Fate
  • The Clark Group was sold to a publicly-traded strategic buyer in 2017.

M&A Deal Summary

Date 2011-11-04
Target The Clark Group
Sector Transportation
Buyer(s) The Gores Group
Deal Type Going Private
Advisor(s) EVE Partners (Financial)

Target

The Clark Group

Trenton, New Jersey, United States
The Clark Group, Inc. is a third-party logistics provider of distribution,consolidation, transportation management and international freight forwarding services. The Clark Group, Inc. is based in Trenton, New Jersey.

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Buyer(S) 1

Buyer

The Gores Group

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION
The Gores Group's headquarters in Beverly Hills, California.
The Gores Group's headquarters in Beverly Hills, California.

The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.


DEAL STATS #
Overall 50 of 74
Sector: Transportation M&A 2 of 2
Type: Going Private M&A Deals 3 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 43 of 61
Year: 2011 M&A 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-01 Westwood One

New York, New York, United States

Westwood One, Inc. is an audio media company in the U.S., delivering compelling, engaging, and fully-integrated audio content to over 8,500+ radio stations and digital media companies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-17 BMC Stock Holdings

Roswell, Georgia, United States

BMC Stock Holdings is a provider of building materials and construction services to professional home builders and contractors. BMC Stock Holdings was founded in 1922 and is based in Roswell, Georgia.

Buy -