The report below gives a good overview of the first quarter M&A activity in the Plastics and Rubber Industry Sector. M&A activity for North American based target companies in the Plastics and Rubber sector for Q4 2019 included 24 closed deals, according to data published by industry data tracker FactSet.

One of the notable lower middle market transactions closed in November when Tank Holdings Corp, a portfolio company of Olympus Advisors LLC, acquired Chem-Tainer Industries, Inc., doing business as Todd Enterprises, for an undisclosed amount. Olympus Partners is a private equity and venture capital firm. Chem-Tainer Industries engages in manufacturing plastic tanks. The company’s products include open top, water, bulk storage, split containment and septic tanks. Chem-Tainer Industries is headquartered in West Babylon, NY.

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The report below gives a good overview of the first quarter M&A activity in the Consumer Retail Industry Sector. M&A activity for North American based target companies in the Consumer and Retail sector for Q4 2019 included 149 closed deals, according to data published by industry data tracker FactSet.

One of the notable lower middle market transactions was announced in November when RV Retailer LLC, a portfolio company of Redwood Capital Investments LLC, acquired Ocean Grove RV Sales, Inc. of St Augustine for an undisclosed amount. The acquisition would enhance and expand the business portfolio of RV Retailer in Florida. Ocean Grove RV Sales is located in Florida and retails new and used recreational vehicles.

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The report below gives a good overview of the first quarter M&A activity in the Transport, Logistics and Supply Chain Industry Sector. M&A activity for North American based target companies in Transportation and Logistics sector for Q4 2019 included 49 closed deals, according to data published by industry data tracker FactSet.

One of the notable lower middle market transactions was announced in December when Franchise Group, Inc. acquired American Freight of Ohio, Inc., a portfolio company of The Jordan Co LP, for US$450 million in cash, subject to certain adjustments. Franchise Group, Inc. is a holding company. American Freight Furniture & Mattress is a warehouse-style furniture store that specializes in furniture obtained through dealer cancellations, factory closeouts, retail chain buyouts, & wholesale liquidations.

There was a significant plunge in cargo volumes in February that could get even worse in the coming months if the coronavirus disease 2019 (COVID-19) worsens and spreads further. The ports of Los Angeles and Long Beach are forecasting a 12 to 15 percent decline in container volume in the first quarter as carriers continue to cancel sailings in the trans-Pacific.

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The report below gives a good overview of the first quarter M&A activity in the Energy Industry Sector. M&A activity for North American based target companies in the Energy sector for Q4 2019 included 75 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in November when OMOG JV LLC, a joint venture of Rattler Midstream LP and Oryx Midstream Services LLC, acquired Reliance Gathering LLC, a portfolio company of Metalmark Capital LLC, for US$356 million in cash. Reliance Gathering is a crude oil gathering affiliate of Permian Basin-focused Reliance Energy. Reliance is a private Midland based oil and gas company focused on developing upstream and midstream assets. The Company has over 100,000 net acres in the Permian Basin, including approximately 40,000 net acres in the prolific Northern Midland Basin.

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The report below gives a good overview of the first quarter M&A activity in the Technology, Media and Telecom Industry Sector. M&A activity for North American based target companies in the Technology, Media and Telecom sector for Q4 2019 included 421 closed deals, according to data published by industry data tracker FactSet.

One of the largest lower middle market transactions closed in November when PTC, Inc. acquired Onshape, Inc., a portfolio company of Commonwealth Capital Ventures, NEA Management Co LLC, AH Capital Management LLC and North Bridge Venture Partners for US$470 million in cash. PTC engages in the development and provision of software-based product management and development solutions. Onshape is a modern CAD system that unites advanced modeling tools and design data management in a secure cloud workspace that is accessible on any device.

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The report below gives a good overview of the first quarter M&A activity in the Business Services Industry Sector. M&A activity for North American based target companies in the Business Services sector for Q4 2019 included 773 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in December when NV5 Global, Inc. acquired Quantum Spatial, Inc., a portfolio company of Arlington Capital Partners LLC, for US$318 million in cash. NV5 Global engages in the provision of professional and technical consulting and certification solutions for the public and private sectors. Quantum Spatial is the largest full-service geospatial solutions provider in North America.

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The report below gives a good overview of the first quarter M&A activity in the Industrials Sector. M&A activity for North American based target companies in the Industrials sector for Q4 2019 included 125 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in December when Arcline Fm Holdings LLC, a portfolio company of Arcline Investment Management acquired Fairbanks Morse Engine from EnPro Industries, Inc. for US$450 million in cash, subject to potential adjustments at closing. Arcline Fm Holdings provides investment services. Fairbanks Morse Engine engages in engine technology and manufacturing. The firm’s products include diesel products, dual fuel products and gas products. The company was founded in 1885 and is headquartered in Beloit, WI.

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The report below gives a good overview of the first quarter M&A activity in the Print and Packaging Industry Sector. M&A activity for North American based target companies in the Print and Packaging sector for Q4 2019 included 36 closed deals, according to data published by industry data tracker FactSet

One of the notable middle market transactions in the sector was announced in November when Advanced Barrier Extrusions LLC, a portfolio company of Graham Partners, Inc., acquired Flexographic Packaging Co for an undisclosed amount. Since its founding in 1988, Graham Partners has focused on acquiring and investing in higher growth, middle-market consumer and industrial manufacturing-related companies. Flexographic Packaging provides flexographic printing and custom laminating services. The company was founded in 1995 and is headquartered in Waupun, WI

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The report below gives a good overview of the first quarter M&A activity in the Metal Fabrication Industry Sector. M&A activity for North American based target companies in the Metal Fabrication sector for Q4 2019 included 40 closed deals, according to data published by industry data tracker FactSet.

Kaman Aerospace Group, Inc., a subsidiary company of Kaman Corp, acquired Bal Seal Engineering, Inc. for US$330 million in cash, subject to customary adjustments for net debt and working capital. Kaman Aerospace Group manufactures aircraft components and aero structures. Bal Seal Engineering manufactures coil springs. The Company offers sealing, connecting, conducting, electromagnetic interference shielding, and grounding components.

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The report below gives a good overview of the first quarter M&A activity in the Healthcare Industry Sector. There were 189 completed North American-based Healthcare M&A deals in Q4 2019, according to FactSet Research Systems.

A notable middle-market transaction announced in Q4 was Charles River Laboratories International, Inc.’s [NYSE: CRL] acquisition of HemaCare Corporation [OTCMKTS: HEMA] for approximately $380 million in cash. The acquisition expands Charles River’s scientific capabilities in the emerging, high-growth cell therapy sector, creating a comprehensive cell therapy solution that can help developers and manufacturers advance their critical programs from discovery through commercialization.

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