M&A Deal Summary |
|
|---|---|
| Date | 2013-10-14 |
| Target | Longwood Elastomers |
| Sector | Manufacturing |
| Buyer(s) | Wabtec |
| Sellers(s) |
NMP Capital
Norwest Equity Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | BDA Partners William Blair (Financial) |
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Wabtec is a provider of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars, and passenger transit vehicles. Wabtec builds new switcher and commuter locomotives and provides aftermarket services, including locomotive and freight car fleet maintenance. Wabtec was formed in 1869 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 45 |
| Sector (Manufacturing) | 5 of 9 |
| Type (Add-on Acquisition) | 19 of 37 |
| State (North Carolina) | 2 of 2 |
| Country (United States) | 11 of 23 |
| Year (2013) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-30 |
Turbonetics
Simi Valley, California, United States Turbonetics, Inc. is a designer and manufacturer of turbochargers, heat exchangers, and pressure control components for the automotive aftermarket, mining, energy production, and marine industries. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-12 |
Fandstan Electric Group
London, United States Fandstan Electric designs, manufactures and installs electrical current and data collection products for a variety of markets, including rail and tram transportation, industrial and energy. The company’s highly engineered products include pantographs, third rail shoe gears, electrical contacts and brush holders, and its brand names include Brecknell Willis, Stemmann Technik and TransTech. |
Buy | $220M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
NMP Capital is an independent investment firm focused on providing junior capital to a variety of lower middle-market companies in partnership with financial sponsors. NMP looks to commit $20 to $75 million in profitable companies with at least $10 million of EBITDA. NMP will consider opportunities in a wide range of industries including distribution, manufacturing, healthcare, and consumer. NMP Capital was formed in 2000 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 54 |
| Sector (Manufacturing) | 2 of 3 |
| Type (Add-on Acquisition) | 12 of 27 |
| State (North Carolina) | 1 of 1 |
| Country (United States) | 25 of 52 |
| Year (2013) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-08-16 |
Spyder Active Sports
Boulder, Colorado, United States Spyder Active Sports designs and markets the most recognized and respected brand of high-performance, technically-oriented skiwear in the world. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-25 |
One Call
Jacksonville, Florida, United States One Call is a provider of specialized services to the workers' compensation industry that lead to faster, more efficient, and more cost-effective claims resolution. From high-end diagnostics and physical therapy services to post-discharge and in-home and complex care management, to transportation and language services, to superior dental programs and other medical specialties, One Call provides reliable, consistent connections to care that enable maximum medical improvement and superior outcomes. One Call was formed in 2012 and is based in Jacksonville, Florida. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1961 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. NEP targets investments in businesses valued between $50 and $500 million, typically investing $50 to $250 million of capital per investment. Funds are typically used to fund management buyouts, recapitalizations, and growth financing. Sectors of interest include manufacturing, distribution, healthcare, technology/business services, and consumer products/services. NEP is affiliated with Norwest Mezzanine Partners, an investment partnership focused on providing junior capital to middle-market companies. Norwest Equity Partners is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 54 |
| Sector (Manufacturing) | 2 of 2 |
| Type (Add-on Acquisition) | 13 of 20 |
| State (North Carolina) | 1 of 1 |
| Country (United States) | 25 of 52 |
| Year (2013) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-05 |
Mitchell
San Diego, California, United States Mitchell is a provider of information, workflow, and performance management solutions to the automotive insurance claims and collision repair industries. Mitchell was founded in 1946 and is based in San Diego, California. |
Sell | $1.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-01 |
Poet
Siox Falls, South Dakota, United States Poet is an operator of renewable fuels company with a focus on corn and cellulosic ethanol with 26 plants in seven states the company produces over one billion gallons of ethanol annually. Poet was founded in 1983 and is based in Sioux Falls, South Dakota. |
Sell | - |
