M&A Deal Summary |
|
|---|---|
| Date | 2021-03-23 |
| Target | Nordco |
| Sector | Machinery |
| Buyer(s) | Wabtec |
| Sellers(s) | Greenbriar Equity Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 400M USD |
| Advisor(s) | Baird (Financial) Hughes Hubbard & Reed (Legal) |
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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 | 39 of 45 |
| Sector (Machinery) | 13 of 13 |
| Type (Add-on Acquisition) | 34 of 37 |
| State (Wisconsin) | 1 of 1 |
| Country (United States) | 20 of 23 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 2 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-15 |
Wabtec - Shipper TMS
Wilmerding, Pennsylvania, United States Wabtec Corp. - Shipper TMS provides cloud-based multi-modal shipment management applications to customers in the United States, Canada, and Mexico. Industrial shippers, carriers, logistics providers, and bulk terminal operators know the Shipper TMS business by two leading product brands, ShipperConnect and ShipXpress. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-13 |
Wabtec - FLXdrive Battery Locomotive
Wilmerding, Pennsylvania, United States Wabtec's FLXdrive battery-electric locomotive, the world’s first 100-percent battery, heavy-haul locomotive for the region and the mining industry. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Focused |
Greenbriar Equity Group is a specialized private equity firm focused on investing in the global transportation and advanced manufacturing industries. Companies of interest include traditional carriers, such as railroads, cruise lines, airlines, air freight, shipping, and trucking, as well as ancillary manufacturers and service companies that support the transportation industry. Greenbriar will consider making majority as well as minority investments through a variety of structures, including leveraged buyouts, recapitalizations, growth capital investments, corporate joint ventures and privatizations. The Firm targets businesses valued from $100 million to $1 billion. Greenbriar Equity was formed in 1999 and is based in Rye, New York.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 26 |
| Sector (Machinery) | 1 of 1 |
| Type (Add-on Acquisition) | 9 of 12 |
| State (Wisconsin) | 1 of 1 |
| Country (United States) | 16 of 22 |
| Year (2021) | 2 of 5 |
| Size (of disclosed) | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-08 |
Oil Changers
Pleasanton, California, United States Oil Changers is an independent quick lube service company. Oil Changers focuses exclusively on oil changes and ancillary services, including windshield wiper and air filter replacements. Oil Changers was founded in 1996 and is based in Pleasanton, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-26 |
PCX Aerostructures
Newington, Connecticut, United States PCX Aerostructures is a manufacturer of flight-critical and other essential components for rotorcraft and fixed-wing aerospace platforms serving military and commercial markets. PCX Aerostructures is based in Newington, Connecticut. |
Buy | - |
