M&A Deal Summary

Warburg Pincus Acquires Pregis

On June 5, 2019, private equity firm Warburg Pincus acquired packaging company Pregis from Olympus Partners

Acquisition Highlights
  • This is Warburg Pincus’ 2nd transaction in the Packaging sector.
  • This is Warburg Pincus’ 192nd transaction in the United States.
  • This is Warburg Pincus’ 5th transaction in Illinois.

M&A Deal Summary
Date 2019-06-05
Target Pregis
Sector Packaging
Buyer(s) Warburg Pincus
Sellers(s) Olympus Partners
Deal Type Secondary Buyout

Target

Pregis

Chicago, Illinois, United States
Pregis is a global provider of innovative protective packaging materials and systems. Pregis design, develop and deliver packaging solutions for a wide variety of consumer and industrial market segments. Pregis serves a wide variety of consumer and industrial market segments including food, pharmaceutical, healthcare, medical devices, agricultural, e-commerce, retail, automotive, transportation, furniture, electronics, building, construction, and military/aerospace. Pregis is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.

DEAL STATS #
Overall 401 of 482
Sector (Packaging) 2 of 3
Type (Secondary Buyout) 49 of 63
State (Illinois) 5 of 8
Country (United States) 192 of 237
Year (2019) 10 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-04 Airtel Africa

Nairobi, Kenya

Airtel Africa is a telecom company that provides voice, data and mobile money services across 14 countries in Sub-Saharan Africa. The Company has operations in Chad, Democratic Republic of the Congo, Gabon, Kenya, Malawi, Madagascar, Niger, Nigeria, Republic of the Congo, Rwanda, Seychelles, Tanzania, Uganda and Zambia and has 100m+ subscribers across these countries. Airtel Africa was founded in 2010 and is based in Nairobi, Kenya.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 CrowdStrike

Austin, Texas, United States

CrowdStrike is a global cybersecurity company with an endpoint protection platform built from the ground up to stop breaches. The CrowdStrike Falcon platform’s single lightweight-agent architecture leverages cloud-scale artificial intelligence (AI) and offers real-time protection and visibility across the enterprise, preventing attacks on endpoints on or off the network. CrowdStrike was founded in 2011 and is based in Sunnyvale, California.

Sell -

Seller(S) 1

SELLER

Olympus Partners

Stamford, Connecticut, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 8.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Olympus Partners is a private equity group focused on investing in growth companies with strong management, and positions in their respective markets. The Firm will consider both venture capital and private equity investments and looks to commit $50 to $300 million per transaction. The Firm focuses its investment activities within the business services, healthcare, financial services, consumer, restaurant, software/IT services, and logistics/transportation industries. Olympus Partners was formed in 1988 and is based in Stamford Connecticut.

DEAL STATS #
Overall 40 of 50
Sector (Packaging) 2 of 3
Type (Secondary Buyout) 9 of 15
State (Illinois) 4 of 4
Country (United States) 37 of 47
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-31 3D Corporate Solutions

Monett, Missouri, United States

3D Corporate Solutions is a provider of pet food ingredients. The company develops, processes, distributes and sells a variety of products using chicken, turkey, beef, lamb, and various other protein sources. 3D Corporate Solutions was founded in 2002 and is based in Monett, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Soliant Health

Peachtree Corners, Georgia, United States

Soliant Health is a provider of healthcare staffing solutions. The company also provides travel nurses, allied health clinicians and clinical development specialists for the life sciences market. Soliant Health was founded in 1991 and is based in Peachtree Corners, Georgia.

Buy -
Mergr

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