Archive: Manufacturing

The latest happenings at Taureau Group and statistics from the M&A market

Subsidiaries of Taureau Group’s client, Material Handling Holdings, LLC, a portfolio company of Borgman Capital, LLC, have been acquired by Ballymore Company, Inc., a portfolio company of Graycliff Partners LP.

Industrial manufacturing deal volume declined in 2022 due to uncertainty from global economic and market influences. Rising cost of capital, inflation, geopolitical uncertainty, increased freight costs, and volatile raw material prices and availability is likely to continue to challenge M&A in 2023. As a result of these pressures, M&A activity for manufacturing companies has been…

Taureau Group’s client, The Jor-Mac Company, Inc. has been acquired by The Mendota Group.

Taureau Group’s client, The Kinetic Co., Inc., has been acquired by Precision Marshall, a subsidiary of Live Ventures Incorporated.

Sentry Equipment Corp. has acquired Universal Separators, Inc., dba SmartSkim.

R&B Grinding Co., Inc. has been acquired by an affiliate of Willis & Smith Capital.

Racine Metal-Fab, Ltd. has been acquired by Midwest Products and Engineering (MPE-INC).

This month’s Featured Team Member is our Senior Operating Partner, Michael Erwin.

Sanborn Tube Sales of Wisconsin, Inc. was acquired by Russel Metals, Inc. (TSX: RUS)

With the U.S. economy in its 10th consecutive year of growth, business owners continue to hear that M&A is a sellers’ market, which to most instinctively means it’s a good time to be a seller and a bad time to be a buyer.

M&A market continues its strong trajectory in 2019 fueled by business growth objectives, available resources from raised private equity funds and growing corporate balance sheets, debt financing available from commercial and mezzanine lenders, and an overall positive economy.