M&A Deal Summary

YFC-BonEagle Electric Acquires Monoprice

On November 18, 2016, YFC-BonEagle Electric acquired e-commerce company Monoprice from Avantax for 40M USD

Acquisition Highlights
  • This is YFC-BonEagle Electric’s 1st transaction in the E-Commerce sector.
  • This is YFC-BonEagle Electric’s largest (disclosed) transaction.
  • This is YFC-BonEagle Electric’s 1st transaction in the United States.
  • This is YFC-BonEagle Electric’s 1st transaction in California.

M&A Deal Summary
Date 2016-11-18
Target Monoprice
Sector E-Commerce
Buyer(s) YFC-BonEagle Electric
Sellers(s) Avantax
Deal Type Divestiture
Deal Value 40M USD
Advisor(s) Financo (Financial)

Target

Monoprice

Rancho Cucamonga, California, United States
Monoprice, Inc. (dba MonoPrice.com) is an e-commerce provider specializing in high-quality yet affordable consumer electronics and tech products, including a wide variety of cables, home theater equipment, networking and IT gear, mobile accessories, PC and gaming accessories, and pro audio equipment.

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Buyer(S) 1

Buyer

YFC-BonEagle Electric

Hsinwu Hsiang, Taiwan
Category Company
Founded 1983
Sector Technology Hardware
DESCRIPTION

YFC-BonEagle Electric Co., Ltd. is an engaged in developing, manufacturing, and selling power cord sets, LAN cables, patch cords, and related networking accessories worldwide. The company’s products are manufactured in three facilities in Taoyuan Taiwan, Dongguan China and Wuxi China. YFC’s offices are in the USA, China and Europe along with the global distribution networks to provide direct and timely support to its customers around the world.

DEAL STATS #
Overall 1 of 1
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Avantax

Coppell, Texas, United States
Category Company
Founded 1983
Sector Financial Services
Employees727
Revenue 666M USD (2022)
DESCRIPTION

Avantax delivers tax-focused financial planning and wealth management solutions for financial professionals, tax professionals and CPA firms, supporting its goal of minimizing clients’ tax burdens through comprehensive tax-focused financial planning. Avantax has two distinct, but related, models within its business: the independent Financial Professional model and the employee-based model. Avantax was incorporated in 1983 and is based in Coppell, Texas.

DEAL STATS #
Overall 2 of 3
Sector (E-Commerce) 1 of 1
Type (Divestiture) 2 of 3
State (California) 1 of 1
Country (United States) 2 of 3
Year (2016) 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-05 InfoSpace

Bellevue, Washington, United States

InfoSpace LLC is a developer and provider of web based search engine.

Sell $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-19 1st Global

Dallas, Texas, United States

1st Global, Inc. is a tax-focused wealth management company. 1st Global has been a major growth consultant for market-dominating CPA firms that seek to be the preeminent providers of high benefit services to their most valued clients.

Buy $180M
Mergr

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