M&A Deal Summary |
|
|---|---|
| Date | 2019-11-06 |
| Target | BrandFX |
| Sector | Automotive |
| Buyer(s) | Time Manufacturing |
| Sellers(s) |
Stonebridge Partners
Five Points Capital Ironwood Capital |
| Deal Type | Add-on Acquisition |
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Time Manufacturing is a global manufacturer of bucket trucks, digger derricks, cable placers, truck bodies, buckets, and other specialty equipment for the electric utility, telecommunications infrastructure, bridge inspection, tree care, and other fleet-supported industries. Selling via the Versalift, BrandFX, Aspen Aerials, Ruthmann, Steiger, Ecoline and Bluelift brands. Time Manufacturing was founded in 1965 and is based in Waco, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 5 |
| Sector (Automotive) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 4 |
| State (Texas) | 1 of 1 |
| Country (United States) | 2 of 3 |
| Year (2019) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-02 |
Aspen Aerials
Duluth, Minnesota, United States Aspen Aerials is a manufacture of high reaching, stable, and durable specialty equipment used to inspect the safety and integrity of bridges. Aspen Aerials is based in Duluth, Minnesota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-13 |
CPI Products - Bucket Fabrication Business
Port Washington, Wisconsin, United States CPI Products - Bucket Fabrication Business is a manufacturer and supplier of buckets and bucket liners to the North American aerial lift market. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 900M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Stonebridge Partners is a private equity firm that targets investments in mid-sized privately-owned companies or divisions of public companies primarily serving the industrial or commercial marketplaces. The Firm 'particularly seeks companies where manufacturing equipment, processes, technology, patents, brand identity and/or reputation provide sustainable barriers to entry for potential competitors'. Target sectors include specialty manufacturing, value-added distributors, specialty packaging, building materials, and infrastructure. Stonebridge prefers businesses located in the US and Canada. Stonebridge Partners was formed in 1986 and is based in White Plains, New York.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 21 |
| Sector (Automotive) | 1 of 1 |
| Type (Add-on Acquisition) | 5 of 7 |
| State (Texas) | 2 of 4 |
| Country (United States) | 16 of 20 |
| Year (2019) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-15 |
Trivium Packaging
Amsterdam, Netherlands Trivium Packaging will serve a diverse range of major multinational, regional and local customers operating in a wide array of end markets, including food, seafood, pet food, nutrition, beauty, and personal care, household care and premium beverages. Trivium Packaging is based in Amsterdam, Netherlands. |
Sell | $2.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-11 |
Paramount Mechanical
Manassas, Virginia, United States Paramount Mechanical designs, installs, and services complex Mechanical/HVAC, Electric, and Plumbing systems throughout the Mid-Atlantic and Southeast U.S. markets. Over the years, Paramount has successfully positioned itself as the preferred service and installation provider for owners and facility managers of complex HVAC and mechanical systems. Customers include large industrial and multi-family residential complexes as well as federal, state, and municipal government agencies. Paramount Mechanical was formed in 1989 and is headquartered in Manassas, Virginia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Five Points Capital makes both direct private equity and junior capital investments in US-based middle-market companies. Five Points prefers control based investments and will consider opportunities in a variety of industries. For both equity and mezzanine investments, the Firm looks to commit $5 to $25 million of capital in businesses with at least $10 million in sales and $3 million of EBITDA. Five Points Capital was formerly known as BB&T Capital Partners and re-branded in 2015. The Firm was established in 1997 and is based in Winston-Salem, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 58 |
| Sector (Automotive) | 1 of 3 |
| Type (Add-on Acquisition) | 10 of 24 |
| State (Texas) | 2 of 2 |
| Country (United States) | 37 of 58 |
| Year (2019) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-12 |
Industrial Valve
Eight Mile, Alabama, United States Industrial Valve is a provider of specialty valve repair services and distributor of new and refurbished valves to an impressive base of blue-chip customers. IVS focuses on providing mission-critical inspection, maintenance and repair services for safety, manual and control valves within the Power, Paper, Chemical and Oil & Gas end markets. Industrial Valve was founded in 1975 and is based in Eight Mile, Alabama. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-11 |
GrammaTech
Ithaca, New York, United States GrammaTech is a provider of cybersecurity solutions for government and commercial clients. GrammaTech’s software enables users to quickly scan code for vulnerabilities that cause breaches, system failures or poor reliability. GrammaTech’s expertise in application security testing has been built by decades of cutting-edge research for the national security community and other US government agencies. GrammaTech was formed in 1988 and is based in Ithaca, New York. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Ironwood Capital is a private investment firm that makes equity and subordinated debt investments in lower middle-market companies. Investment proceeds are generally used to support leveraged buyouts, growth financings, and recapitalizations. Investments typically range from $10 to $40 million in companies generating $20 to $250 million in annual sales. Target sectors include healthcare products/services, value-added manufacturing, business services, consumer products, specialty distribution, and education. Ironwood prefers opportunities East of the Mississippi, but will selectively consider investments in the Western US. The Firm's investment horizon is three to five years. Ironwood Capital was formed in 2002 and is based in Avon, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 53 |
| Sector (Automotive) | 1 of 1 |
| Type (Add-on Acquisition) | 21 of 32 |
| State (Texas) | 2 of 4 |
| Country (United States) | 32 of 53 |
| Year (2019) | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-20 |
Groome Industrial Service Group
Denville, New Jersey, United States Groome Industrial Service Group is a provider of industrial cleaning and maintenance services to customers in the natural gas-fired power generation, refinery, manufacturing, construction, marine, and aviation industries. Groome Industrial Service Group was founded in 1969 and is based in Denville, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-12 |
Numet
Orange, Connecticut, United States Numetis a manufacturer of precision machined parts, kits, and assemblies for jet turbine engines for a wide variety of commercial and military aircraft. Numet serves original equipment manufacturers including GE Aircraft Engines and Pratt & Whitney Aircraft, as well as the Department of Defense. Numet was founded in 1983 and is based in Orange, Connecticut. |
Sell | - |
