M&A Deal Summary |
|
|---|---|
| Date | 2024-05-07 |
| Target | Ashland Nutraceuticals |
| Sector | Food |
| Buyer(s) | Turnspire Capital Partners |
| Sellers(s) | Ashland |
| Deal Type | Divestiture |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2013 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Turnspire Capital Partners is a private investment firm focused on acquiring North American companies that have reached 'strategic, operational, or financial inflection points' with their business and could benefit from a hands-on investor. Turnspire will consider a variety of transaction situations, including special situations, corporate carve-outs, and family transitions. Sectors of interest include aerospace/defense, automotive, machinery, chemicals, consumer, building materials, food/beverages, logistics, metals, packaging, and plastics. Prospective companies generally have revenues of $50 to $400 million. Turnspire Capital Partners was formed in 2013 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 14 |
| Sector (Food) | 1 of 1 |
| Type (Divestiture) | 7 of 8 |
| State (Delaware) | 1 of 1 |
| Country (United States) | 10 of 13 |
| Year (2024) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-27 |
USG Water Solutions
Atlanta, Georgia, United States USG Water Solutions is a provider of water asset management services for small and medium public water utilities in North America. USG’s offerings include maintenance services for water storage tanks, pipe networks, and concrete structures in water and wastewater plants. USG Water Solutions is based in Atlanta, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-06 |
Swanson Industries
Morgantown, West Virginia, United States Swanson Industries provoides manufacturing, remanufacturing, repair, and distribution services of mining equipment, hydraulic cylinders, and related industrial equipment across the United States. Swanson Industries was founded in 1964 and headquartered in Morgantown, West Virginia. |
Buy | - |
Ashland is a global specialty chemicals company. Ashland has three reportable segments: Specialty Ingredients, Performance Materials, and Valvoline. Specialty Ingredients is a global provider of cellulose ethers, vinyl pyrrolidones, and biofunctionals. Performance Materials is composed of two divisions: Composites and Intermediates/Solvents. Performance Materials is a global provider of unsaturated polyester resins and vinyl ester resins. Ashland was founded in 1924 and is based in Wilmington, Delaware.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 14 |
| Sector (Food) | 1 of 1 |
| Type (Divestiture) | 11 of 12 |
| State (Delaware) | 2 of 2 |
| Country (United States) | 13 of 14 |
| Year (2024) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-08 |
Ashland - Carbonyl Iron Manufacturing assets and business lines
Covington, Kentucky, United States Ashland's Carbonyl Iron Manufacturing assets and business lines are critical raw materials for the chemical, defense, and metals manufacturing sectors. Ashland's Carbonyl Iron Manufacturing assets and business lines are based in Covington, Kentucky. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-05 |
Pharmachem Innovations
Kearny, New Jersey, United States Pharmachem Innovations is a provider of proprietary nutrition ingredients and custom formulation services that supplies a broad portfolio of both active ingredients and formulation aids to nutritional product companies. Pharmachem Innovations is based in Kearny, New Jersey. |
Sell | - |
