Peakstone Closed Deal Announcement: Code Red Safety on Sale to Coyote Industrial Holding

August, 2019. Peakstone served as exclusive M&A advisor to Code Red Safety, LLC in connection with its sale to Coyote Industrial Holdings, an industrial safety platform formed by Hastings Equity Partners.

Founded in 1995, Code Red Safety is a leading provider of industrial safety solutions including equipment rental, standby rescue services and safety products. Code Red Safety serves a blue-chip customer base across the industrial, refining, petrochemical, automotive, steel and power generation markets.

“I am extremely proud of what we are building and our partnership with Hastings will enhance our ability to grow” said Mike Miller, co-founder of Code Red Safety. “Peakstone worked tirelessly to ensure the best outcome for Code Red Safety. Peakstone’s industry knowledge and strong capabilities delivered a broad range of options for us to evaluate. I cannot imagine the transaction closing without Peakstone’s dedication and vision.”

Rob Tepperman, co-founder of Code Red Safety, said “Peakstone exceeded all expectations and was invaluable throughout the process. We made the right choice in working with them.”

Press Release: Click Here

Terms of the transaction were not disclosed.

For additional information please contact:

Nicholas Patrick, Managing Director, 312-346-7335, npatrick@peakstone.com.

Alex Fridman, Managing Director, 312-346-7303, afridman@peakstone.com.

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

The Peakstone Group Named #2 Overall Lower Middle Market Investment Bank

July, 2019. We are pleased to announce that Peakstone has been named the #2 lower middle market investment bank (and the top independent investment bank) in the United States by Axial. Axial reviews 789 investment banks in the United States and ranks its top 20 each quarter.

Thanks to all of our clients and associates that made this possible. We look forward to continuing to grow the firm and delivering exceptional results for our clients.

Axial league tables take into account three main characteristics: client quality, buyer targeting, and process effectiveness (click link below for the detailed methodology). For business owners and dealmakers, these league tables are a useful barometer to measure how an investment bank ranks against its peers, and how effective they are in successfully closing transactions.

For the news release and additional information, please CLICK HERE.

 

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

Peakstone Publishes Industry Reports

June, 2019. Peakstone has published twelve industry reports, which can be accessed through the links below.  We deliver sector knowledge, experience, and relationships to every client.  We welcome a chance to open dialogue with companies in these sectors to exchange information and viewpoints.

Automotive

Consumer & Retail

E-Commerce

Food & Beverage

Industrials & Manufacturing

Infrastructure

IT Services

Packaging

Pet

Restaurant

Technology & Software

Transportation & Logistics

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

Industry Update: Infrastructure M&A Update – June, 2019

June, 2019

Select recent notable publicly announced M&A transactions:

– Brookhaven Capital Partners acquired Pioneer Railcorp for $72 million.

– IFM Investors acquired Buckeye Partners for $10.5 billion.

– DP World acquired Fraser Surrey Docks. Terms were not disclosed.

– MPLX acquired Andeavor Logistics for $3.3 billion.

– Macquarie acquired Long Beach Container Terminal for $1.8 billion.

– J.P. Morgan Asset Management acquired a stake in Nieuport Aviation Infrastructure Partners GP, the owner and operator of the passenger terminal at Billy Bishop Toronto City Airport. Terms were not disclosed.

– Blackstone acquired Tallgrass Energy for $3.2 billion.

Industry Update: Restaurant Industry Insight Spotlight on Fast Casual M&A Update – June, 2019

June, 2019

For 2019 YTD, strategic buyers accounted for 35% of Restaurant M&A transactions. During 2018, strategic buyers accounted for 82% of the transactions.

Select recent notable publicly announced M&A transactions:

– MTY Group acquired Papa Murphy’s for $184 million.

– Durational Capital Partners and The Jordan Company acquired Bojangle’s for approximately $770 million.

– Inspire Brands acquired Sonic for approximately $2.3 billion.

– Del Frisco’s acquired Barteca for approximately $330 million.

– Spice Private Equity acquired Bravo Brio Restaurant Group for approximately $100 million.

Industry Update: Industrials and Manufacturing M&A Update – June, 2019

June, 2019

In 2019 YTD, strategic buyers accounted for 90% of Industrials and Manufacturing M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 88% of the transactions.

Select recent notable publicly announced M&A transactions:

– Gardner Denver acquired industrial segment business of Ingersoll Rand for approximately $8.7 billion.

– Health Equity acquired Wage Works for approximately $2.2 billion.

– Waste Management acquired Advanced Disposal Services for approximately $4.9 billion.

– Hitachi acquired JR Automation Technologies for approximately $1.4 billion.

– Jacobs Engineering Group acquired The KeyW Holding Corporation for approximately $946 million.

Industry Update: E-Commerce M&A Update – June, 2019

June, 2019

Through 2019 YTD, strategic buyers accounted for 95% of the E-Commerce M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 88% of the transactions.

Select recent notable publicly announced M&A transactions:

– World Group acquired Original Stitch for approximately $22 billion.

– Quarate Retail Group acquired HSN for approximately $1.8 billion.

– Hangzhou Lianluo Interactive acquired Newegg for approximately $180 million.

– Nutrisystem acquired Tivity Health for approximately $1.4 billion.

– Snapfish acquired Cafe Press for approximately $26 million.

Industry Update: Technology and Software M&A Update – June, 2019

June, 2019

For 2019 YTD, strategic buyers accounted for 98% of Technology M&A transactions. During 2018, strategic buyers accounted for 92% of the transactions.

Select recent notable publicly announced M&A transactions:

– FIS acquired WorldPay for $43.6 billion.

– Blackstone Group acquired Ultimate Software for $10.9 blillion.

– Fiserv acquired First Data for approximately $41.7 billion.

– SAP acquired Qualtrics for approximately $8.0 billion.

– IBM acquired Redhat for approximately $35.6 billion.

Industry Update: Packaging M&A Update – June, 2019

June, 2019

For 2019 YTD, strategic buyers accounted for 90% of the Packaging M&A transactions while financial buyers made up the difference. During 2018, strategic buyers accounted for approximately 84% of the transactions.

Select recent notable publicly announced M&A transactions:

– One Madison Group acquires Ranpak for $950 million.

– Tekniplex acquires Amcor for $215 million.

– Greif acquires Caraustar for $1.8 billion.

– Cascades acquires Urban Forest for $37 million.

– Universal Forest Products acquires Pak-Rite for $15 million.

Industry Update: Warehousing, Transportation and Logistics M&A Update – June, 2019

June, 2019

For 2019, strategic buyers have accounted for 88% of Warehousing, Transportation and Logistics M&A transactions with financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 81% of the transactions.

Select recent notable publicly announced M&A transactions:

– Variant Equity acquires Coach USA for $270 million.

– Odyssey acquires American Fast Freight for $465 million.

– ATSG acquires Omni Air International for $845 million.

– Blackstone acquires Gramercy Property Trust for $7.5 billion.

– Prologis acquired DCT Industrial Trust for $8.4 billion.

– Kirby Corporation acquired Higman Marine, Inc. for $419 million.

– Penske Automotive Group, Inc. (NYSE:PAG); MBK USA Commercial Vehicles Inc. acquired Penske Truck Leasing Co., L.P. for approximately $670 million.

– EQT Partners AB acquired Global Gateway South Terminal for approximately $820 million.

– Scorpio Tankers Inc. (NYSE:STNG) acquired Navig8 Product Tankers Inc. for approximately $1.18 billion.

– Knight Transportation, Inc. (NYSE:KNX) acquired Swift Transportation Company (NYSE:SWFT) for approximately $2.97 billion.

– Grupo México Transportes S.A. de C.V. acquired Florida East Coast Holdings Corp. for approximately $2.1 billion.