M&A Deal Summary |
|
|---|---|
| Date | 2022-07-07 |
| Target | Ergotron |
| Sector | Furniture |
| Buyer(s) |
The Sterling Group
Constitution Capital Partners |
| Sellers(s) | Melrose Industries |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 9.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $1000 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 54 |
| Sector: Furniture M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 9 of 9 |
| State: Minnesota M&A | 2 of 2 |
| Country: United States M&A | 43 of 51 |
| Year: 2022 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-02 |
West Star Aviation
East Alton, Illinois, United States West Star Aviation is an independent maintenance, repair, and overhaul (MRO) provider that offers comprehensive services. The company’s extensive capabilities encompass airframe maintenance, paint, interior, and avionics services, supported by the largest Aircraft On Ground (AOG) technician network in the country, ensuring prompt and reliable mobile repair services nationwide. West Star Aviation was founded in 1952 and is based in East Alton, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-19 |
Gulf Winds
Seabrook, Texas, United States Gulf Winds is a provider of intermodal transportation solutions, including container drayage, warehousing / transloading, and container storage. Gulf Winds was founded in 1996 and is based in Seabrook, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 6.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Constitution Capital Partners is a private equity and asset management firm focused on opportunities throughout North America. Constitution Capital typically invests in private equity partnerships, however the Firm also makes direct private equity and credit investments. Constitution Capital Partners does not have any sector preferences. Constitution Capital Partners was formed in 2008 and is headquartered in Andover, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 85 of 89 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Minnesota M&A | 5 of 5 |
| Country: United States M&A | 79 of 83 |
| Year: 2022 M&A | 10 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-23 |
Advantek
Eden Prairie, Minnesota, United States Advantek manufactures precision component packaging and delivery systems designed to transport and protect high-value semiconductor and electronic components during shipping and storage. Advantek was founded in 1978 and is based in Eden Prairie, Minnesota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-08 |
Canada Cartage
Mississauga, Ontario, Canada Canada Cartage is a provider of customer-located, dedicated trucking services and warehouse solutions to specific customers and reside at their locations. Canada Cartage was founded in 1914 and is based in Mississauga, Ontario. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Machinery |
| Employees | 12,291 |
| Revenue | 3.5B GBP (2024) |
Melrose Industries is a buyer good manufacturing businesses with strong fundamentals whose performance can be improved. Melrose finances its acquisitions using a low level of leverage, improves the businesses by a mixture of investment and changed management focus, sells them and returns the proceeds to shareholders. Melrose Industries was founded in 2003 and is based in London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 12 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 12 of 12 |
| State: Minnesota M&A | 1 of 1 |
| Country: United States M&A | 8 of 8 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-05 |
Nortek Control
Carlsbad, California, United States Nortek Control is a developer of technology for security, home automation, control, power, AV and entertainment, access control, health, and artificial intelligence (AI) systems for residential and commercial markets. Nortek Control was founded in 1961 and is based in Carlsbad, California. |
Sell | $285M |
