M&A Deal Summary |
|
|---|---|
| Date | 2021-07-01 |
| Target | Syncreon |
| Sector | Transportation |
| Buyer(s) | DP World |
| Sellers(s) |
GenNx360 Capital Partners
Centerbridge Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.2B USD |
| Advisor(s) | Citigroup Investment Banking (Financial) Hogan Lovells (Legal) |
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DP World is a global operator of container and marine terminals with a network of more than 65 terminals spanning six continents. DP World’s comprehensive range of products and services covers every link of the integrated supply chain – from maritime and inland terminals to marine services and industrial parks as well as technology-driven customer solutions. DP World is based in Dubai, UAE.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector (Transportation) | 2 of 3 |
| Type (Add-on Acquisition) | 6 of 7 |
| Country (Ireland) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-24 |
Fraser Surrey Docks
Surrey, British Columbia, Canada Fraser Surrey Docks LP is a trade enabler and solutions provider as the company looks to participate across a wider part of the supply chain. Fraser Surrey Docks was founded in 1960 and is based in Surrey, Canada. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-25 |
Imperial
Bedfordview, South Africa Imperial is an African focused provider of integrated market access and logistics solutions. Imperial focuses on the following industries, healthcare, consumer, automotive, chemicals, industrial and commodities. Imperial seeks out to leverage new technology to deliver innovative, end-to-end solutions for customers. Imperial is based in Bedfordview, South Africa. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 1.1B USD |
| Size | Large |
| Type | Sector Agnostic |
GenNx360 Capital Partners is a private equity firm that seeks opportunities with a business to business focus. GenNx360 targets companies with revenues between $75 and $250 million and $8 to $25 million of EBITDA. The Firm looks to invest $25 to $75 million per transaction and will consider opportunities around the globe. Specific areas of interest include industrial water treatment, specialty chemicals/engineered materials, industrial machinery/equipment components, agriculture products and services, global transportation component parts, aerospace/defense, oil/gas services and business services. GenNx360 Capital Partners was formed in 2006 and is based in New York City. The Firm has additional offices in Seattle, Boston, as well as Gurgaon and Bangalore.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 11 |
| Sector (Transportation) | 2 of 2 |
| Type (Add-on Acquisition) | 5 of 6 |
| Country (Ireland) | 1 of 1 |
| Year (2021) | 1 of 2 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-15 |
Appalachian Railcar Services
Eleanor, West Virginia, United States Appalachian Railcar Services, Inc. is a provider of railcar repair services and a provider of industrial logistics services including certified tank and freight car repair, railcar cleaning, coating and lining services, mobile repair, on-site customer repair operations, switching operations, and railcar storage. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-08 |
Whitsons Culinary Group
Islandia, New York, United States Whitsons Culinary Group is a provider of dining services to consumers and public and private organizations throughout the Northeast. Whitsons services include school nutrition, residential and healthcare dining, prepared meals, and emergency dining. Whitsons Culinary Group is based in Islandia, New York. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 2005 |
| PE ASSETS | 16.9B USD |
| Size | Mega |
| Type | Sector Agnostic |
Centerbridge Partners is a mega-sized private equity firm focused primarily on distressed/special situations in North America and Europe. In addition to making control investments, Centerbridge also maintains funds for non-control credit investments. Centerbridge was formed in 2005 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 22 |
| Sector (Transportation) | 3 of 3 |
| Type (Add-on Acquisition) | 7 of 7 |
| Country (Ireland) | 1 of 1 |
| Year (2021) | 2 of 2 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-03 |
Hertz
Estero, Florida, United States Hertz operates car rental businesses through the Hertz, Dollar, Thrifty and Firefly brands. Hertz Global operates through corporate and franchisee locations and services the North American, European, Latin and South American, Asian, Australian, African, and Middle Eastern markets. In addition to its car rental business, Hertz provides fleet leasing and management services through its Donlen subsidiary. Hertz was originally established in 1918 and is based in Estero, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-11 |
IPS
Compton, California, United States IPS is a manufacturer of a wide range of adhesive cement, structural adhesives, and niche plumbing products primarily for residential, commercial, industrial, and international markets. IPS' products are sold under a number of highly regarded brand names, including Weld-On, Watertite, Studor, Truebro, and Guy Gray. IPS was founded in 1954 and is based in Compton, California. |
Buy | - |
