M&A Deal Summary |
|
|---|---|
| Date | 2022-11-30 |
| Target | Standard Locknut |
| Sector | Manufacturing |
| Buyer(s) |
Tonka Bay Equity Partners
Northstar Capital |
| Sellers(s) | Industrial Group Holdings |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 560M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Tonka Bay Equity Partners is a Midwest US-based private equity firm that targets control and non-control investments in manufacturing, business services, and value-added distribution companies with at least $2 million of EBITDA. Tonka Bay will consider a variety of transaction situations, including management buyouts, shareholder liquidity events, recapitalizations, and expansions. Tonka Bay Equity Partners was formed in 1998 and is based in Minnetonka, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 34 |
| Sector: Manufacturing M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Indiana M&A | 1 of 1 |
| Country: United States M&A | 30 of 33 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-23 |
Seaway Plastics Engineering
Port Richey, Florida, United States Seaway Plastics Engineering is a full-service plastic injection molding company specializing in prototype injection molding, low-volume production, and mold making. Seaway Plastics Engineering was established in 1974 and is based in Port Richey, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-07 |
Corporate Technologies
Minneapolis, Minnesota, United States Corporate Technologies is a provider of managed IT solutions for businesses and institutions in Minnesota, North Dakota, Idaho, Southern California, West Michigan, and New Jersey. Corporate Technologies was founded in 1981 and is based in Minneapolis, Minnesota. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 1.7B USD |
| Size | Large |
| Type | Sector Agnostic |
Northstar Capital is a mezzanine finance firm that provides junior capital to middle-market companies operating in the value-added distribution, light manufacturing, business services, financial services, education, and specialty healthcare sectors. Northstar's typical investment size is $5 to $30 million in businesses generating sales of $20 to $300 million with an EBITDA of at least $3 million. Prospective companies have stable cash flows and sustainable margins. Investments typically have maturities of five to eight years. Northstar does not invest in start-ups, real estate development, natural resource exploration, or high technology companies. Northstar Capital was formed in 1993 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 111 of 121 |
| Sector: Manufacturing M&A | 14 of 15 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Indiana M&A | 4 of 4 |
| Country: United States M&A | 106 of 116 |
| Year: 2022 M&A | 7 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-01 |
Integrated Cable Assembly Holdings
Nogales, Mexico Integrated Cable Assembly Holdings is a manufacturer of wire harnesses, cable assemblies and electromechanical assemblies, offering turn-key manufacturing services through its U.S. and Mexican facilities to domestic and international customers. Integrated Cable Assembly Holdings is based in Nogales, Mexico. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-01 |
Herb Pharm
Williams, Oregon, United States Herb Pharm manufactures and markets a broad range of herbal extracts that are sold through natural food and other retail channels. Herb Pharm was founded in 1979 and is based in Williams, Oregon. |
Buy | - |
Industrial Group Holdings is a holding company that holds the following businesses Ehrhardt Tool & Machine, LLC, Haysite Reinforced Plastics, LLC, John Wood Company, LLC, Miether Bearing Products, LLC, Miller Chemical & Fertilizer, LLC, Modern Equipment Company, LLC, and Synthane-Taylor (Canada) Ltd. Industrial Group Holdings was founded in 2014 and is based in the United States.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Indiana M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-31 |
Haysite Reinforced Plastics
Erie, Pennsylvania, United States Haysite Reinforced Plastics LLC manufactures and processes thermoset composite materials for high-temperature insulation, corrosion resistance, and lightweight structural support applications. Haysite Reinforced Plastics was founded in 1854 and is based in Erie, Pennsylvania. |
Sell | - |
