Industrials
Industry overview
Macquarie Capital's industrials team combines our corporate advisory expertise and experience with a dedicated focus on companies operating in the industrials sector.
In the US, the team provides specialized coverage across nine industrials sub-sectors:
- Building products: flooring; doors; windows; roofing; siding; decking; fencing; ceilings; cabinets; gypsum wallboard; plumbing; cement; and aggregates and concrete
- Metals processing / service centers: fabrication; metal framing; pipes; and valves and tubing
- Distribution: electrical and electronics; HVAC and plumbing; industrial; building materials; and facilities maintenance
- Business and professional services: staffing and recruiting; customer relationship management (CRM) and contact center support; HR outsourcing; speciality consulting and financial outsourcing; information services, back office and other business process outsourcing (BPO); commercial, facilities management and residential services; utility and industrial services; and counter-cyclical outsourcing
- Chemicals: petrochemicals; intermediate and specialty chemicals; inorganic chemicals; agricultural chemicals; and fertilizers
- Electronics and electrical: wire and cable; connectors; electrical products (low to high voltage); lighting; passive components; batteries; and power systems
- General industrials: capital goods; heavy machinery; and multi-industry
- Paper, packaging and forest products: publishing; printing and writing paper; paper packaging; printing services; wood products; timber; metal cans; plastic containers; glass containers; and flexible packaging
- Logistics and transportation: logistics; air freight; integrators; trucking; rail; route based services; blue water and Jones act shipping; and transportation equipment manufacturing and leasing
- Aerospace & Defense: avionics; interiors; materials; structural and operational parts; services; defense systems; C4ISR; government services; and security services
The Industrials team provides integrated services across the corporate advisory spectrum, including expert advice on strategic matters, mergers and acquisitions, restructuring, equity capital markets, debt capital markets, private capital markets and corporate structuring.
The Industrials team has dedicated professionals located in offices across Australia and New Zealand, Asia, North America, Europe, the Middle East and Africa.
Industrials team global coverage
Key transactions
| Year | Description | Transaction Value |
|---|---|---|
| Local | ||
| 2011 | Financial advisor to Sonoco Products Company on the acquisition of Tegrant Corporation from Metalmark Capital | $US550m |
| 2011 | Restructuring advisor to Alabama Aircraft Industries, Inc. on the sale of operating assets to Kaiser Aircraft Industries | Undisclosed |
| 2011 | Restructuring advisor to Archbrook Laguna LLC on the sale of assets to a strategic acquirer | Undisclosed |
| 2011 | Equity investor, M&A advisor and joint bookrunner on the consortium acquisition and debt financing for Dynacast International LLC | $US607m |
| 2011 | Financial advisor and financing source in MidOcean’s acquisition of Pre-Paid Legal Services | $US650m |
| 2011 | Exclusive financial advisor to CoreLogic in its acquisition of RP Data | $A305m |
| 2011 | Sole financial advisor to Cenveo on its purchase of the Envelope Products Group of MeadWestvaco Corporation | $US55m |
| 2011 | Advisor to Neucel Specialty Cellulose, Ltd. on its sale to Zhejiang Fulida Ltd., a fiber-related subsidiary of Hangzhou Bay, China-based Fulida Holdings Group | Undisclosed |
| 2011 | Joint bookrunner on a unsecured note deal for Kraton Performance Polymers | $US250m |
| 2010 | Exclusive financial advisor and sole dealer manager to C&D Technologies, Inc. in a convertible notes exchange offer | $US124m |
| 2010 | Exclusive financial advisor to Tensar Corporation in an amendment of its credit facilities and balance sheet recapitalization | Undisclosed |
| 2010 | Exclusive financial advisor to Ryder System, Inc on the acquisition of Total Logistic Control from SUPERVALU, Inc. | $US200m |
| 2010 | Exclusive financial advisor to CoreLogic on its sale of its Employer Services and Litigation Support business, First Advantage, to Symphony Technology Group | $US265m |
| 2010 | Sellside advisor to The Anspach Effort, Inc. in its sale to Synthes, Inc. | Undisclosed |
| 2010 | Sole bookrunner, sole lead arranger and syndication agent for the acquisition financing to support Littlejohn & Co's acquisition of Henniges Automotive Holdings, Inc. | Undisclosed |
| 2010 | Lead financial advisor to GENCO Distribution System, on its acquisition of ATC Technology Corp | $US513m |
| 2010 | Joint bookrunner on a senior secured notes issuance for Northern Tier Energy | $US290m |
| 2010 | Joint bookrunner on senior secured credit facilities in connection with Centerplate’s refinancing of its capital structure | $US309m |
| 2010 | Placement agent and exclusive financial advisor to C&D Technologies, Inc. on a second lien term loan | $US20m |
| 2010 | Co-manager for 7.5% of a bond offering for TPC Group | $US350m |
| 2010 | Joint bookrunner on a senior notes offering and documentation agent on senior secured facilities in connection with Garda’s cross-border refinancing of its capital structure | $C665m |
| 2010 | Exclusive financial advisor on the sale of MicroStar Logistics to Trilantic Capital Partners | Undisclosed |
| 2010 | Joint bookrunner and joint lead arranger on a senior secured credit facility for Cenveo | $US530m |
| 2010 | Financial advisor to York and Odyssey Investment Partners in the sale of York Risk Services, Inc. to ABRY Partners | Undisclosed |
| 2009 | Joint bookrunner on Blackstone-owned Pinnacle Foods' $US850 million term loan, $US25 million revolver and $US300 million senior unsecured notes, backing its $US1.3 billion acquisition of Birds Eye Foods | $US1.175bn |
| 2009 | Financial advisor to Lazy Days RV Center, Inc., the largest single-site RV dealer in the US, to effectuate a restructuring of the company's senior notes | $US138m |
| 2009 | Advisor to the first lien lender group (GE Capital) in the in-court debt-for-equity exchange offering of Dayton Superior Corporation | Undisclosed |
| Global | ||
| 2009 | Advisor to Paperlinx on the sale of Australian Paper | $A760m |
| 2009 | Advisor to Programmed Group on the successful defense of a takeover bid by Spotless | $A790m |
| 2009 | Joint lead manager on the IPO of Myer Holdings | $A2.1bn |
| 2009 | Joint lead manager on the IPO of Kathmandu Holdings | $A333m |
| 2009 | Advisor to Viterra on the acquisition of ABB Grain | $A2.2bn |
| 2008-2009 | Advisor to Quadrant on the acquisitions of Summerset, IVF Australia and Melbourne IVF | Undisclosed |
| 2009 | Equity arranger, underwriter and financial advisor to Qantas on its equity raising | $A500m |
| 2008 | Advisor to Dyno Nobel on its scheme of arrangement merger with Incitec Pivot | $A3.8bn |
| 2008 | Advisor to Coates Hire on its strategic review and subsequent sale to National Hire and the Carlyle Group | $A2.2bn |
| 2008 | Advisor to Transpacific Industries on the acquisition of Cleanaway | $A1.3bn |
| 2008 | Advisor to National Foods on the acquisition of Dairy Farmers | $A910m |
| 2007 | Advisor to Leighton Holdings on the acquisition of a stake in Al Habtoor Engineering | $A870m |
| 2007 | Global coordinator on the IPO of Boart Longyear | $A2.4bn |
| 2007 | Advisor to Pioneer Iron & Steel Group on the sale of its stake in China Oriental Group to ArcelorMittal | $US641m |
| 2007 | Advisor to Wesfarmers on the acquisition of Coles Group | $A20.7bn |