Update: Aerospace and Defense Industry M&A Update – November, 2020

November, 2020

Peakstone publishes Aerospace and Defense industry report.

Peakstone served as exclusive financial advisor to Drake Waterfowl Systems

September 2020. Peakstone served as exclusive financial advisor to Drake Waterfowl Systems (“Drake”) on a financing transaction to support its continued growth.

Founded in 2002 and based in Olive Branch, MS, Drake is a leading developer, marketer, and distributor of branded hunting, fishing, outdoor, and casual wear products.  The Company’s “head-to-toe” merchandising strategy presents retailers and consumers with a wide selection of hunting and fishing apparel, hard goods, and other products and a wide range of casual wear products.  Drake has been a pioneer of approaching hunting apparel with pursuit-specific products and with holistic systems, leading to innovative proprietary designs that have engendered exceptional customer loyalty.  For additional Company information, visit https://www.drakewaterfowl.com.

For additional information please contact the following:

Alex Allgood, Managing Director, 214-257-7817, aallgood@peakstonegroup.com

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

Jeff Temple, Managing Director, 312-346-7301, jtemple@peakstone.com

About Peakstone

The Peakstone Group 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.  To receive investment and proprietary acquisition opportunities, please register at https://www.peakZone.com.

 

Peakstone Recognized as Leading Middle Market Investment Bank for Q3

October, 2020. We are pleased to announce that Axial named Peakstone the #5 lower middle market U.S. investment bank for the third quarter.  Axial league tables take into account three main characteristics:  client quality, buy-side targeting, and process effectiveness.  Thanks to all of our clients and associates that made this possible.

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.To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

Update: Food and Beverage M&A Update – September, 2020

September, 2020

For 2020 YTD, strategic buyers accounted for 92% of Food and Beverage M&A transactions. During 2019, strategic buyers accounted for 87% of the transaction.

Select recent notable publicly announced M&A transactions:

– Groupe Lactalis announced plans to acquire the Natural Cheese Business of Kraft Heinz Company for $3.2 billion.

– Sazerac Company announced plans to acquire Paul Masson Grande Amber Brandy Brand of Constellation Brands, Inc. for $255 million.

– KKR acquires nearly all assets of Borden Dairy Company for $340 million.

– Pernod Ricard acquires Castle Brands for $277 million.

– Atkins acquires Quest Nutrition for $1 billion.

– The Hershey Company acquires ONE Brands for $401 million.

– Atkins acquires Quest Nutrition for $1 billion.

Update: Restaurant Industry Insight Spotlight on Fast Casual M&A Update – September, 2020

September, 2020

For 2020, strategic buyers accounted for 90% of Restaurant M&A transactions. During 2019, strategic buyers accounted for 81% of the transaction.

Select recent notable publicly announced M&A transactions:

– Fortress acquired Craft for $138 million.

– Yum! Brands acquired Habit for $587 million.

– ICV Partners acquired Diversified Restaurant Holdings for $181 million.

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

– Inspire Brands acquired Sonic for approximately $2.3 billion.

– L Catterton acquired Del Frisco’s for approximately $841 million.

Update: Technology and Software M&A Update – September, 2020

September, 2020

For 2020 YTD, strategic buyers accounted for approximately 93% of Technology M&A transactions. During 2019, strategic buyers accounted for 92% of the transaction.

Select recent notable publicly announced M&A transactions:

– AVEVA acquired OSI Soft for $5.0 billion.

– Visa acquired Plaid for $4.9 billion.

– Roper acquired iPipeline for $1.6 billion.

– Salesforce acquired Tableu for $17.3 billion.

– Global Payments acquired TSYS for approximately $26.7 billion.

Update: Industrials and Manufacturing M&A Update – September, 2020

September, 2020

For 2020 YTD, strategic buyers accounted for 89% of Industrials & Manufacturing M&A transactions. During 2019, strategic buyers accounted for 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Amazon announced that it would acquire Zoox for $6.2 billion.

– Builders FirstSource, Inc. entered into a definitive merger agreement to acquire Building Materials Holding Corporation Stock Holdings, Inc. for $2.5 billion.

– GFL Environmental Inc. (TSX:GFL) entered into an agreement to acquire WCA Waste Corporation for $1.2 billion.

– Madison Dearborn Partners, LLC and CoVant Management, Inc. entered into definitive agreement to acquire majority stake in AEVEX Aerospace from Trive Capital For $450 million.

Update: Warehousing, Transportation and Logistics M&A Update – September, 2020

September, 2020

For 2020 YTD, strategic buyers accounted for 89% of Warehousing, Transportation, and Logistics M&A transactions. During 2019, strategic buyers accounted for 87% of the transactions.

Select recent notable publicly announced M&A transactions:

– TFI International acquired DLS Worldwide Logistics for $225 million.

– Dow Inc. sold significant assets of its Gulf Coast Marine and Terminal Operations to BlackRock for $620 million.

– Costco acquired Innovel Solutions for $998 million.

– A.P. Møller – Mærsk Acquired Performance Team for $998 million.

– Lyft acquired Flexdrive Services for $545 million.

 

Update: Infrastructure M&A Update – September, 2020

September, 2020

Select recent notable publicly announced M&A transactions:

– Aurora Capital Partners acquired Petroleum Services Corporation for $335 million.

– 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.

Update: E-Commerce M&A Update – September, 2020

September, 2020

Through 2019 YTD, strategic buyers accounted for 84% 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:

– Apollo acquired Shutterfly for approximately $2.9 billion.

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

– Nutrisystem acquired Tivity Health for approximately $1.4 billion.

– Etsy acquired Reverb for approximately $275 million.

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

– Snapfish acquired Cafe Press for approximately $26 million.