M&A Deal Summary |
|
|---|---|
| Date | 2023-09-06 |
| Target | Soteria Flexibles |
| Sector | Packaging |
| Buyer(s) | TJC |
| Sellers(s) | Ardian |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 87 of 96 |
| Sector: Packaging M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 31 of 36 |
| State: Illinois M&A | 10 of 10 |
| Country: United States M&A | 85 of 92 |
| Year: 2023 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-21 |
Delrin
Midland, Michigan, United States Delrin is a specialized plastic used in a variety of applications. Delrin is based in Midland, Michigan. |
Buy | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-19 |
VTG
Chantilly, Virginia, United States VTG is a provider of engineering and logistics services primarily in support of platform sustainment initiatives and operational readiness for the U.S. Department of Defense and other government agencies. VTG was founded in 2005 and is based in Arlington, Virginia. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €1 billion per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 225 of 247 |
| Sector: Packaging M&A | 6 of 6 |
| Type: Secondary Buyout M&A Deals | 83 of 92 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 25 of 29 |
| Year: 2023 M&A | 8 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-06 |
Mobius
Madrid, Spain Mobius is an online platform that offers maintenance supervision and repair services for the fleet management sector. MKD’s clients include top-tier companies from the car rental industry, including Europcar, Alphabet, Arval, Generali, Allianz, and new players in mobility management. Mobius has further extended its offer to individuals with the launch of Reparatuchoche.com. Mobius was founded in 2014 and is based in Madrid, Spain. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-16 |
Hawk
Paris, France Hawk is a provider in the real-time purchase of mobile advertising space (known as programmatic buying or real-time bidding). Hawk offers media agencies and advertisers an integrated solution that allows them to manage all their purchasing and distribution processes for mobile advertising campaigns in real-time, maximizing their return on investment across all mobile devices. Hawk was founded in 2013 and is based in Paris, France. |
Sell | - |