Recent Transactions

21-May-12
$NA
United States flag
Target: 

Polar Ware Company

United States flag
Acquiror: 
The Vollrath Company

Advised Polar Ware Company, a food equipment company with a broad product portfolio including soft-serve ice cream and frozen yogurt machines and food serving equipment and smallwares, on its sale to The Vollrath Company, a manufacturer of foodservice products

27-Apr-12
$NA
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Target: 

Merlin Securities LLC

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Acquiror: 
Wells Fargo & Company

Advised Merlin Securities LLC, a leading prime brokerage company in the US, on its sale to Wells Fargo

26-Apr-12
$1.8 billion
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Target: 

Retail Propane Operations of Inergy, L.P.

United States flag
Acquiror: 
Suburban Propane Partners, L.P.

Advised Inergy, L.P., a master limited partnership with propane and midstream natural gas operations, on the sale of its retail propane operations to Suburban Propane Partners, L.P., a national propane retailer

28-Mar-12
$10.4 billion+
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Target: 

Flow Control Business of Tyco International Ltd.

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Acquiror: 
Pentair, Inc.

Provided fairness opinion to the Board of Directors of Pentair, Inc. in connection with its all-stock merger with Tyco Flow Control, a division of Tyco International Ltd. (+Transaction value represents enterprise value of combined entity)

07-Mar-12
$256 million
Australia flag
Target: 

Aperio Group

Australia flag
Acquiror: 
Amcor Limited

Advised Catalyst Investment Managers on the sale of its portfolio company Aperio Group, Australasia’s leading manufacturer of flexible packaging products, to Amcor Limited, a global leader in packaging solutions

17-Nov-11
$860 million
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Target: 

MeadWestvaco’s Consumer & Office Products Division

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Acquiror: 
ACCO Brands Corporation

Provided fairness opinion to the Board of Directors of MeadWestvaco Corporation on the spin-off and subsequent merger of its Consumer & Office Products Division with ACCO Brands Corporation

10-Nov-11
$318 million
Australia flag
Target: 

MSF Sugar

Thailand flag
Acquiror: 
Mitr Phol Group

Advised MSF Sugar, Australia’s third largest producer and second largest exporter of sugar, on an acquisition proposal from Mitr Phol Sugar Corp. of Thailand at an offer value of ~31% premium to previous close

10-Oct-11
$3.2 billion
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Target: 

Complete Production Services

United States flag
Acquiror: 
Superior Energy Services

Advised Superior Energy Services on its acquisition of Complete Production Services, a leading provider of oilfield services in North America

10-Aug-11
$65 million
Mexico flag
Target: 

Grupo Aeromexico S.A. de C.V

United States flag
Acquiror: 
Delta Air Lines, Inc.

Advised Delta Air Lines, Inc. in connection with its strategic minority investment in Grupo Aeromexico S.A. de C.V

19-Jul-11
$418 million
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Target: 

Lochinvar Corporation

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Acquiror: 
A. O. Smith Corporation

Advised A. O. Smith Corporation, a leading manufacturer of water heating equipment, water treatment products and water system tanks, on the acquisition of Lochinvar Corporation, a private manufacturer and distributor of high efficiency boilers

14-Jul-11
$340 million
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Target: 

Edge Oilfield Services

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Acquiror: 
Key Energy Services, Inc.

Advised Key Energy Services, the largest onshore, rig-based well servicing contractor, on its acquisition of Edge Oilfield Services, a provider of onshore oilfield rental equipment

20-Jun-11
$2.0 billion
Canada flag
Target: 

Capital Power Income L.P.

United States flag
Acquiror: 
Atlantic Power Corporation

Advised Capital Power Income L.P., a Canadian power trust with a portfolio of 20 power generation assets located in Canada and the United States (total net generating capacity of 1,400 MW), on its sale to Atlantic Power Corporation

08-Jun-11
$1.7 billion
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Target: 

Citigroup (selected private equity assets)

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Acquiror: 
AXA Private Equity

Advised AXA Private Equity, a leading European diversified private equity firm, on its acquisition of a $1.7 billion portfolio of limited partnership interests in private equity buyout funds and a portfolio of direct stakes in companies from Citigroup

11-Apr-11
~$198 million
U.K., Mexico flags
Target: 

HSBC Afore (subsidiary of HSBC Holdings Plc)

United States flag
Acquiror: 
Principal Financial Group, Inc.

Advised Principal Financial Group, Inc., a leading asset accumulation, asset management and retirement services franchise in the United States and abroad on its acquisition of HSBC Afore, HSBC’s pension business in Mexico

02-Mar-11
$NA
Australia flag
Target: 

TSmarine

Netherlands flag
Acquiror: 
Fugro N.V.

Advised CHAMP Ventures on the sale of its portfolio company TSmarine, a provider of subsea services to the offshore oil and gas industry, to Fugro, among the world's leading service providers for the collection and interpretation of data relating to the earth's surface and sub-surface and for associated services

01-Mar-11
$128 million
Australia flag
Target: 

Tyndall Investments

Japan flag
Acquiror: 
Nikko Asset Management

Advised Suncorp, on the sale of its investment management business, Tyndall Investments, in Australia and New Zealand to Nikko Asset Management, a leading Asian mutual funds management company

07-Feb-11
$548 million
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Target: 

Wesco Financial Corporation

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Acquiror: 
Berkshire Hathaway Inc.

Advised the Special Committee of Wesco Financial Corporation in connection with Berkshire Hathaway Inc.'s proposal to acquire the remaining 19.9% of the shares of Wesco’s common stock that it does not presently own

29-Dec-10
$1.8 billion
Australia flag
Target: 

TOWER Australia Group Limited

Japan flag
Acquiror: 
The Dai-ichi Life Insurance Company, Limited

Advised TOWER Australia Group Limited, the largest mono-line life insurance company in Australia, in relation to the offer from The Dai-ichi Life Insurance Company, Limited to acquire all of the shares in TOWER that it does not already own by way of a scheme of arrangement

15-Dec-10
$4.6 billion
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Target: 

Dynegy Inc.

United States flag
Acquiror: 
Icahn Enterprises LP

Advised Dynegy Inc., an independent power producer, on its sale to Icahn Enterprises LP in an all-cash transaction

13-Dec-10
$875 million
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Target: 

Electrical Products Division of A. O. Smith Corporation

United States flag
Acquiror: 
Regal Beloit Corporation

Advised A. O. Smith Corporation on the sale of its Electrical Products Company, a manufacturer of a comprehensive line of electric motors, to Regal Beloit Corporation, a leading manufacturer of electrical and mechanical motion control products

01-Dec-10
$NA
United States flag
Target: 

Planar Solutions, LLC

Japan flag
Acquiror: 
FUJIFILM Corporation

Advised Wacker Chemie AG on the sale of Wacker Chemical Corporation’s 50% equity stake in Planar Solutions LLC, a dedicated CMP slurry manufacturer, to its JV partner, FUJIFILM Corporation

12-Nov-10
$NA
U.S.A., U.K. flags
Target: 

Money Controls (subsidiary of Coin Acceptors, Inc.)

United States flag
Acquiror: 
Crane Co.

Advised Coin Acceptors, Inc. (“CoinCo”), a privately-owned US-based manufacturer of payment solutions for the automated point-of-sale industry, on the sale of its UK-based Money Controls subsidiary to Crane Co., a diversified manufacturer of highly engineered industrial products

04-Nov-10
~$370 million
Brazil flag
Target: 

J. Malucelli Participacao em Seguros E Resseguros S.A

United States flag
Acquiror: 
The Travelers Companies, Inc.

Advised Travelers, the largest listed property and casualty insurance company in the U.S., on the acquisition of a ~43% stake in J. Malucelli Participacao em Seguros E Resseguros, the leading surety insurance company in Brazil, through the issue of new common shares (with an option to increase to 49.9% within 18 months)

26-Oct-10
$175 million
Australia flag
Target: 

Rural Bank

Australia flag
Acquiror: 
Bendigo and Adelaide Bank

Advised Elders, a diversified agricultural company on the sale of its 40% stake in Rural Bank to Bendigo and Adelaide Bank, an Australian diversified financial services company

30-Aug-10
$150 million
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Target: 

Windward Investment Management

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Acquiror: 
The Charles Schwab Corporation

Advised The Charles Schwab Corporation on its acquisition of Windward Investment Management, an investment advisory firm

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