August 1, 2012
Woodbridge International, a leading global mergers and acquisitions firm serving lower middle-market companies, recently closed its sixth deal in just over five months.
All of these were sell-side assignments from clients whose companies operate in a range of different industries and geographic regions.
Industry niches represented by the six deals include a Central American hydroelectric power company, a Brazilian interactive voice response solutions provider, a New York-based facilities management company, an electronics importer/distributor headquartered in Denver, a remanufacturer of electrical equipment in Connecticut, and a Pennsylvania-based specialty contractor/manufacture.
Five of these six recent transactions were closed with private equity groups. Three of the six were private-equity add-ons, and two others were private-equity platform acquisitions. One of the six deals was completed with a strategic public company – and one valued at over $100 million was the largest deal Woodbridge closed since its inception nearly 20 years ago.
Woodbridge expects the 3rd and 4th quarters to be stronger than the first half of the year. Many deals are expected to close before the end of 2012, when the current capital gains tax cuts are due to expire.