M&A Deal Summary

United Components Acquires ASC Industries

On May 25, 2006, United Components acquired manufacturer ASC Industries from American Capital

Acquisition Highlights
  • This is United Components’ 1st transaction in the Manufacturing sector.
  • This is United Components’ 1st transaction in the United States.
  • This is United Components’ 1st transaction in Ohio.

M&A Deal Summary
Date 2006-05-25
Target ASC Industries
Sector Manufacturing
Buyer(s) United Components
Sellers(s) American Capital
Deal Type Add-on Acquisition

Target

ASC Industries

North Canton, Ohio, United States
ASC Industries Incorporated ('ASC'). ASC is a manufacturer of water pumps for automotive and light truck vehicles for the replacement market.

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Buyer(S) 1

Buyer

United Components

Evansville, Indiana, United States
Category Company
Founded 2003
Sector Automotive
DESCRIPTION

United Components, Inc. is a worldwide manufacturer and distributor of automotive parts and components to the aftermarket and specialized original equipment channels.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-30 Neapco Holdings

Belleville, Michigan, United States

Neapco is a manufacturer of automotive propeller shafts, driveline and steering components for original equipment, performance and aftermarket companies.

Sell -

Seller(S) 1

SELLER

American Capital

Category Private Equity Firm
Founded 1997
PE ASSETS 22.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.

DEAL STATS #
Overall 41 of 194
Sector (Manufacturing) 3 of 16
Type (Add-on Acquisition) 19 of 87
State (Ohio) 1 of 11
Country (United States) 40 of 186
Year (2006) 10 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-25 FreeConference.com

Los Angeles, California, United States

FreeConference.com, Inc. a provider of toll and toll-free audio conference calling services.NBased in Los Angeles, CA, FreeConference.com offers two service options: free conference calling and toll-free conference. With the free service, participants conduct a conference call and pay nothing. Conference organizers pay for the toll-free service and receive additional options that allow them to record, download, transcribe and play back conferences over the phone. In 2003, the Company's website won the Business WEBBY award for best telecommunications website, the leading international award in Internet commerce.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-08 United Food Group

Los Angeles, California, United States

United Food Group LLC ('UFG') is a value-added processor of fresh, frozen and fully-cooked beef products. It offers fresh, frozen, fully-cooked, and case-ready ground beef products. The company also provides chubs, hamburger patties, and kettles. It serves fast food chains, restaurants, and grocery stores.

Buy -
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