Littlejohn Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Littlejohn has acquired 4 companies. It has also invested in 2 others.

Littlejohn’s most common sectors for investment aredistribution (10%) and consumer products (9%) . The Firm’s most common investment types include secondary buyout (43%) and buyout (lbo, mbo, mbi) (27%). In total, Littlejohn has invested in 24 US states and 4 different countries. Its largest (disclosed) acquisition occurred in 2019 when it acquired Kaman Industrial Technologies for $700M.

The Firm’s most common exit type is trade sale (43%). Littlejohn’s largest (disclosed) exit occurred in 2021 when it sold Interior Logic Group for $1.6B.

Join Mergr to view Littlejohn’s full profile and discover more mega-sized private equity firm investors just like it.

M&A Summary

  • M&A Total Activity101
    • M&A Buy Activity61
    • M&A Sell Activity40
  • Total Sectors Invested 27
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 33
  • M&A Advisors 17

Littlejohn & Co.

8 Sound Shore Drive, Suite 303,
Greenwich, Connecticut 06830
United States
(203) 552-3500
www.littlejohnllc.com
info@littlejohnllc.com

Littlejohn & Co. is a private equity firm that makes control investments in mid-sized companies undergoing change; either in capital structure, strategy, operations, or growth. Littlejohn looks to commit $50 to $150 million of equity capital in companies with annual revenues of $100 to $800 million. Sectors of interest include industrial equipment, packaging, chemicals, automotive and transportation parts and equipment, food and food processing, healthcare, plastics, aerospace/defense, distribution, environmental and infrastructure services, and consumer products. The Firm avoids investing in real estate, fashion, retail, and businesses engaged in high technology. Littlejohn prefers opportunities located in the US, but also considers opportunities in Europe and Canada. Littlejohn & Co. was formed in 1996 and is based in Greenwich, Connecticut.


Investment Criteria

Sectors of Interest: Aerospace, Apparel/Textiles, Automotive, Beverages, Building Materials, Business Services, Chemicals, Consumer Products, Defense, Distribution, Electrical Equipment, Engineering, Environmental, Food, Forest Products, Healthcare Services, Information Technology, Internet Software and Services, Machinery, Manufacturing, Marine, Metals/Mining, Packaging, Plastics, Renewable Energy, Retail, Technology Hardware, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Growth Capital, Recapitalization, Special Situations/Distressed, Secondary Buyout, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue 100 800
Target EBITDA - -
Investment Size 50 250
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.6/yr) # 53 2 5 1 - - 61
vol $1.3B $1.3B
Sell (0.8/yr) # 36 4 - - - - 40
vol $2.8B $4.2B $7.0B
  101

Most Recent M&A

Company Date Value Type
Ardurra Group LLC 2023-02-01 - Secondary Buyout
Tampa, Florida · www.ardurra.com
Lipari Foods LLC 2022-10-31 - Secondary Buyout
Warren, Michigan · www.liparifoods.com
The Hiller Companies, Inc. 2022-09-20 - Growth Capital
Mobile, Alabama · www.hillercompanies.com
Great Day Improvements LLC 2022-01-31 - Growth Capital
Macedonia, Ohio · www.greatdayimprovements.com
Alto Healthcare Staffing 2022-01-10 - Buyout (LBO, MBO, MBI)
Dayton, Ohio · www.altostaffing.com
Magnate Worldwide 2022-01-03 - Secondary Buyout
Portland, Oregon · www.magnateworldwide.com
Kaman Industrial Technologies Corp. 2021-12-16 1.3B USD Add-on Acquisition
Bloomfield, Connecticut · ec.kamandirect.com
American Health Staffing Group LLC 2021-11-22 - Secondary Buyout
Edmond, Oklahoma · www.theahsg.com
Pritchard Industries, Inc. 2021-10-14 - Buyout (LBO, MBO, MBI)
New York, New York · www.pritchardindustries.com
HydroChemPSC 2021-08-04 1.3B USD Add-on Acquisition
Deer Park, Texas · www.hydrochempsc.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Brown Jordan International, Inc. 2016-12-19 Pride Family Brands, Inc. 2019-06-05 2
St. Augustine, Florida · www.bji.com Hollywood, Florida · www.pridefamilybrands.com
Ntirety, Inc. 2009-06-03 Hostway Corp. 2019-01-08 3
Austin, Texas · www.ntirety.com Chicago, Illinois · www.hostway.com
Ntirety, Inc. 2009-06-03 Stelligent Systems LLC 2018-11-08 1
Austin, Texas · www.ntirety.com Reston, Virginia · www.stelligent.com
PlayPower, Inc. 2015-05-18 Playtime LLC 2018-08-01 2
Huntersville, North Carolina · www.playpower.com Englewood, Colorado · www.playtime.com
Ntirety, Inc. 2009-06-03 Hosting.com (old) 2009-08-31 2
Austin, Texas · www.ntirety.com Denver, Colorado · www.hosting.com

M&A by Sector

Sector Current # Value All-time # Value
Distribution 1 (5%) - 6 (10%) 700M (52%)
Consumer Products 1 (5%) - 5 (8%) 184M (14%)
Automotive - - 4 (7%) -
Building Materials 2 (9%) - 4 (7%) -
Environmental 1 (5%) - 3 (5%) -
Internet Software and Services 1 (5%) - 3 (5%) -
Machinery 1 (5%) - 3 (5%) -
Staffing 3 (14%) - 3 (5%) -
Transportation 1 (5%) - 3 (5%) -
Apparel/Textiles 1 (5%) - 2 (3%) -
Business Services 1 (5%) - 2 (3%) -
Chemicals 1 (5%) - 2 (3%) -
Construction - - 2 (3%) -
Electrical Equipment - - 2 (3%) -
Engineering 1 (5%) - 2 (3%) -
Information Technology 1 (5%) - 2 (3%) -
Safety/Security 2 (9%) - 2 (3%) -
Technology Hardware 1 (5%) - 2 (3%) -
Retail - - 1 (2%) 456M (34%)
Aerospace - - 1 (2%) -
Energy Services and Equipment 1 (5%) - 1 (2%) -
Food - - 1 (2%) -
Forest Products 1 (5%) - 1 (2%) -
Furniture 1 (5%) - 1 (2%) -
Healthcare Services - - 1 (2%) -
Marine - - 1 (2%) -
Metals/Mining - - 1 (2%) -
Total 22 - 61 $1.3B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 22 (100%) - 57 (93%) 884M (66%)
  Texas 5 (23%) - 8 (13%) -
  Ohio 2 (9%) - 6 (10%) -
  Pennsylvania 1 (5%) - 5 (8%) -
  New York 2 (9%) - 4 (7%) 184M (14%)
  North Carolina 2 (9%) - 4 (7%) -
  California - - 4 (7%) -
  Illinois 1 (5%) - 3 (5%) -
  Florida 2 (9%) - 2 (3%) -
  Oregon 1 (5%) - 2 (3%) -
  Michigan 1 (5%) - 2 (3%) -
  Massachusetts 1 (5%) - 2 (3%) -
  New Jersey - - 2 (3%) -
  Georgia - - 2 (3%) -
  Alabama 1 (5%) - 1 (2%) -
  Washington 1 (5%) - 1 (2%) -
  Oklahoma 1 (5%) - 1 (2%) -
  Louisiana 1 (5%) - 1 (2%) -
  Connecticut - - 1 (2%) 700M (52%)
  Wisconsin - - 1 (2%) -
  Tennessee - - 1 (2%) -
  Mississippi - - 1 (2%) -
  Maryland - - 1 (2%) -
  Idaho - - 1 (2%) -
  Colorado - - 1 (2%) -
France - - 2 (3%) -
Canada - - 1 (2%) 456M (34%)
  Quebec - - 1 (2%) 456M (34%)
China - - 1 (2%) -
Domestic 22 (100%) - 57 (93%) 884M (66%)
Cross-border - - 4 (7%) 456M (34%)
Total 22 - 61 $1.3B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout 14 (64%) - 26 (43%) -
Buyout (LBO, MBO, MBI) 4 (18%) - 16 (26%) -
Recapitalization 2 (9%) - 8 (13%) -
Divestiture - - 4 (7%) 700M (52%)
Going Private - - 2 (3%) 456M (34%)
Special Situations/Distressed - - 2 (3%) 184M (14%)
Growth Capital 2 (9%) - 2 (3%) -
Stake Purchase - - 1 (2%) -
Total 22 - 61 $1.3B

Exits by Deal Type

Type Total # Value
Secondary Sale 15 (38%) 2.5B (35%)
Trade Sale - Public Company 11 (28%) 3.2B (46%)
Trade Sale 8 (20%) 1.3B (19%)
Merger 3 (8%) -
Bankruptcy 2 (5%) -
IPO 1 (3%) -
Total 40 $7.0B

Top M&A Advisors

Financial Deals
Morgan Stanley
 3
Harris Williams & Co.
 3
Moelis & Co.
 2
Legal Deals
Gibson, Dunn & Crutcher LLP
 11
Troutman Pepper Hamilton Sanders LLP
 5
Morrison Cohen LLP
 4

Deal Values

buy # Total
$100M to $1B 3 $1.3B
TOTAL $1.3B
Largest Kaman Industrial Technologies Corp.
$700M (2019-06-26)
sell # Total
> $1B 3 $4.2B
$100M to $1B 7 $2.8B
TOTAL $7.0B
Largest Interior Logic Group, Inc.
$1.6B (2021-02-01)

M&A Connections

Deals
Acquired from
Investor(s)
51%
31 (51%)
Strategic(s)
8%
5 (8%)
Exited to
Investor(s)
35%
14 (35%)
Strategic(s)
48%
19 (48%)

Investor Summary

Investor Type

Private Equity Firm

Size

Mega

PE Assets

10.0B USD

Established

1996

Specialist/Generalist

Generalist

Leadership

Michael Klein

Co-Founder & CEO

Angus Littlejohn Jr.

Co-Founder & Chairman

Richard Maybaum

Co-Head Debt Strategies

Robert Davis

Co-Head Debt Strategies

Antonio Miranda

Managing Director

 Subscribe to unlock this and 193,848
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 184K M&A Transactions
  • 189K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 72K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal