M&A Deal Summary |
|
|---|---|
| Date | 2024-08-01 |
| Target | R1 RCM |
| Sector | Information Services |
| Buyer(s) |
TowerBrook Capital Partners
CD&R Kedaara Capital |
| Deal Type | Going Private |
| Deal Value | 8.9B USD |
| Advisor(s) | Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 22.8B USD |
| Size | Mega |
| Type | Sector Agnostic |
TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 97 of 101 |
| Sector: Information Services M&A | 4 of 4 |
| Type: Going Private M&A Deals | 4 of 4 |
| State: Utah M&A | 1 of 1 |
| Country: United States M&A | 41 of 42 |
| Year: 2024 M&A | 6 of 7 |
| Size (of disclosed) | 1 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-31 |
Sateba Group
Paris, France Sateba Group consists of a portfolio of brands that designs and manufactures sleepers and other precast concrete products for railways for close to 100 years. Sateba Group was founded in 1925 and is based in Paris, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-04 |
ECIT
Fornebu, Norway ECIT offer high competence and products within accounting, payroll, IT and business solutions. ECIT was founded in 2013 and is based in Fornebu, Norway. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 30.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Clayton, Dubilier & Rice LLC (CD&R) is a large private equity firm that targets non-core divestitures of large corporations, growth equity financings, traditional buyouts, and corporate/family partnerships. CD&R looks for opportunities in North America, Western Europe, and Asia and will consider businesses in a wide range of sectors including consumer/retail, healthcare, industrials, and services. Prospective companies generally lead their respective markets, have stable cash flows, and possess competitive advantages through differentiated products, services, or processes. CD&R was formed in 1978 and has offices in New York City and London.
| DEAL STATS | # |
|---|---|
| Overall | 93 of 94 |
| Sector: Information Services M&A | 1 of 1 |
| Type: Going Private M&A Deals | 13 of 14 |
| State: Utah M&A | 1 of 1 |
| Country: United States M&A | 67 of 68 |
| Year: 2024 M&A | 5 of 5 |
| Size (of disclosed) | 5 of 36 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-24 |
Exclusive Networks
Boulogne-Billancourt, France Exclusive Networks is an independent value-added distributor (VAD) for the EMEA region, specialising in the marketing of solutions for businesses in the areas of cybersecurity, data centres and associated value-added services. Exclusive Networks was founded in 1995 and is headquartered in Boulogne-Billancourt, France. |
Buy | €2.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-14 |
Cheney Brothers
Riviera Beach, Florida, United States Cheney Brothers is a family-owned and operated broad line distributor offering over 64,000 stocked items from gourmet to every day. Cheney EXPRESS is open to the public and carries frozen, refrigerated and dry products with carrying out service to your vehicle. Insisting upon top-quality products from nationally recognized manufacturers, Cheney Brothers’ broad inventory consists of more than 50,000 stocked items, from gourmet to every day. Cheney Brothers was formed in 1925 and is based in Riviera Beach, Florida. |
Sell | $2.1B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 5.6B USD |
| Size | Mega |
| Type | Sector Agnostic |
Kedaara Capital is an operationally oriented private equity firm focused on control and select minority investments in India. The Firm is a generalist investor, with no sector preferences and looks to commit $25 to $75 million per transaction. The Firm does not invest in seed or early stage companies or in businesses where the market is unproven. Kedaara Capital was established 2011 and is headquartered in Mumbai.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 25 |
| Sector: Information Services M&A | 1 of 1 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: Utah M&A | 1 of 1 |
| Country: United States M&A | 3 of 4 |
| Year: 2024 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-22 |
Dairy Day
Bengaluru, United States Dairy Classic Ice Creams is an ice cream company selling under brand name ‘Dairy Day’. It has one manufacturing location and is distributed to 18,000+ retail stores via 120+ distributors. Dairy Classic Ice Creams is based in Bengaluru, Karnataka. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-09 |
Sunbeam
Gurgaon, India Sunbeam is an auto components company supplying cast, precision machined, and painted aluminum products. Sunbeam manufactures high volume, complex, and critical products such as crank cases, pistons, cylinder blocks and heads, and a variety of housings and covers. Sunbeam was founded in 1986 and is based in Gurgaon, Haryana. |
Sell | - |
