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The Facts Buyout Deals in the Industrials Sector Download Data
Buyout Deals in the Industrials Sector
The industrials sector consistently accounts for the largest proportion, though declining, of all private equity- backed buyout deals. Ciantelle Lawrence presents a breakdown of Preqin’s data on these transactions.
Fig. 1: Number and Aggregate Value of Private Equity- Fig. 2: Proportion of Number of Private Equity-Backed Buyout Backed Buyout Deals in the Industrials Sector, 2006 - 2014 Deals in the Industrials Sector by Primary Industry, 2006 - 2014
1,200 1,150 120 100% 4% 4% 3% 5% 5% 5% 6% 6% 3% 2% 4% 8% 3% 3% 5% 3% 4% 3% 5% 1,027 90% 5% 5% 4% 4% 5% Aggregate Deal Value ($bn) 6% 5% 4% 5% 4% 1,000 937 100 5% 5% 6% 6% 914 7% 5% 5% 6% 8% Other 80% 5% 7% 5% 8% 7% 8% 820 802 9% 10% 5% Engineering 800 761 784 80 70% 9% 9% 12% 4% 14% 14% Construction 60% 13% 600 60 33% Logistics 531 30% 33% 30% 25% 50% 34% 24% 20% 18% Distribution No. of Deals 400 40 40% Transportation
Proportion of Total 30% Industrial 200 20 20% 38% 38% 37% 39% 37% 37% 36% 35% 32% Manufacturing 10% 0 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 0% No. of Deals Aggregate Deal Value ($bn) 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: Preqin Buyout Deals Analyst Source: Preqin Buyout Deals Analyst Fig. 4: Breakdown of Number of Private Equity-Backed Fig. 3: Average Size of Private Equity-Backed Buyout Deals in Buyout Deals in the Industrials Sector by Value Band the Industrials Sector by Region, 2006 - 2014 Globally, 2006 - 2014
700 100% 1% 4% 3% 4% 4% 10% 10% 7% 7% 8% 6% 8% 90% 10% 3% 6% 11% 600 8% 10% 8% 10% 8% 12% 9% 80% 8% 7% 9% 6% 15% $1bn or More 500 14% 20% 16% North America 70% 16% 18% 17% 17% $500-999mn 60% 400 Europe 16% $250-499mn Asia 50% 300 $100-249mn 40% Rest of World 77% 65% Less than Proportion of Total 30% 62% 63% 62% 60% 200 56% 57% $100mn Global 50% Average Deal Value ($mn) Deal Value Average 20% 100 10%
0 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: Preqin Buyout Deals Analyst Source: Preqin Buyout Deals Analyst
Fig. 5: Notable Private Equity-Backed Buyout Deals in the Industrials Sector in 2014
Investment Investment Deal Size Investment Bought from/ Firm Primary Firm Investor(s) Type Date (mn) Status Exiting Company Location Industry CPP Investment Board, Onex Gates Global Inc. Buyout Apr-14 5,400 USD Completed Blackstone Group US Manufacturing Corporation, Tomkins plc Reynolds Packaging SIG Combibloc Buyout Nov-14 3,750 EUR Announced Onex Corporation Switzerland Manufacturing Group Halla Visteon Hahn & Company, Climate Control PIPE Dec-14 3,600 USD Announced Visteon Corporation South Korea Transportation Hankook Tire Co. Corp. Signode Illinois Tool Works Buyout Feb-14 3,200 USD Completed Carlyle Group US Manufacturing Industrial Group Inc. Constantia Buyout Dec-14 2,300 EUR Announced Wendel One Equity Partners Austria Manufacturing Packaging AG Source: Preqin Buyout Deals Analyst
15 Private Equity Spotlight / February 2015 © 2015 Preqin Ltd. / www.preqin.com