M&A Deal Summary |
|
|---|---|
| Date | 2003-11-01 |
| Target | Michael Foods |
| Sector | Food |
| Buyer(s) | Thomas H. Lee Partners |
| Sellers(s) |
Vestar Capital Partners
Goldner Hawn Johnson & Morrison |
| Deal Type | Secondary Buyout |
| Deal Value | 1.1B USD |
| Advisor(s) | Kirkland & Ellis (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1974 |
| PE ASSETS | 35.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thomas H. Lee Partners (THL) is a private equity firm that seeks buyout, expansion, consolidation, distressed, and recapitalization investments across various industries. Sectors of interest include business and information services, consumer products/retail, financial services, healthcare, industrial, and media/communications. THL looks to invest $100 to $400 million in companies valued up to $2.5 billion. THL was formed in 1974 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 90 |
| Sector (Food) | 1 of 3 |
| Type (Secondary Buyout) | 2 of 32 |
| State (Minnesota) | 1 of 3 |
| Country (United States) | 11 of 77 |
| Year (2003) | 4 of 5 |
| Size (of disclosed) | 23 of 28 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-11-01 |
Warner Music Group
New York, New York, United States Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, East West, Elektra, Fueled By Ramen, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros., and Word, as well as Warner/Chappell Music. WMG comprises an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available. WMG is engaged in the recorded music business (including artist services) and the music publishing business, and is a leading company in national and international repertoire that operates through numerous international affiliates and licensees in more than 50 countries. Warner Music Group was formed in 1929 and is headquartered in New York City. |
Buy | $2.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-11-17 |
Simmons
Atlanta, Georgia, United States Simmons is the second-largest bedding manufacturer in the United States and a world leader in pocketed coil spring technology. Simmons mattresses are distributed under renowned brand names such as Beautyrest and BackCare. |
Buy | $1.1B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Vestar Capital Partners is a private equity firm that targets management buyouts and growth capital investments across North America and Europe in the consumer, business services, and healthcare sectors. The Firm looks to invest $50 to $150 million in transactions valued up to $1 billion. Specific areas of interest include food, apparel, household goods, retail, consumer services, industrial services, information services, manufacturing, distribution, transportation, financial services, media/communications, digital health media, and medical technology. Vestar Capital Partners was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 66 |
| Sector (Food) | 1 of 6 |
| Type (Secondary Buyout) | 3 of 16 |
| State (Minnesota) | 1 of 1 |
| Country (United States) | 17 of 53 |
| Year (2003) | 2 of 2 |
| Size (of disclosed) | 8 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-09-03 |
FL Selenia
Villastellone, TO, Italy FL Selenia is a leading player in the development, manufacture and sale of lubricants and functional fluids for passenger, commercial and agricultural vehicles, and for industrial applications. |
Buy | €670M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-01-19 |
OGF Group - Pompes Funèbres Générales
Paris, France Founded in 1844, OGF Group is the leader in the French funeral services market. OGF has the largest integrated funeral services business and the most extensive network in France, with 1,100 points of sale, 378 funeral homes and 44 crematoria. |
Buy | €300M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 825M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Goldner Hawn Johnson & Morrison (GHJ&M) is a private equity firm that targets middle market companies in the Midwest US. GHJ&M generally looks for businesses valued between $20 and $150 million and looks to invest between $10 to $25 million of equity capital per transaction. Sectors of interest include agribusiness, food, power generation, basic materials, medical products, consumer products, retail, restaurants, consumer services, business services, and industrials. GHJ&M prefers control investments, but in certain instances, the Firm will also consider minority positions. GHJ&M was formed in 1989 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 33 |
| Sector (Food) | 2 of 3 |
| Type (Secondary Buyout) | 4 of 14 |
| State (Minnesota) | 5 of 11 |
| Country (United States) | 9 of 33 |
| Year (2003) | 4 of 4 |
| Size (of disclosed) | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-06-17 |
VICORP Restaurants
Denver, Colorado, United States VICORP Restaurants, Inc. is an operator of branded family-style restaurants. |
Sell | $226M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-03-29 |
American Engineered Components
Brighton, Massachusetts, United States American Engineered Components, Inc. is a designer and manufacturer of complex, custom-designed stamped metal components, disc springs and engineered industrial fasteners, including sealer plugs, Carr Plug Buttons and Teenuts. |
Sell | - |
