Hagan: Fastener Acquisitions Jump in 2014
FEATURE
There were 41 fastener company acquisitions completed worldwide during 2014, making it the most active deal-making year in the past seven years.
“With so many sizable / significant fastener deals completed during 2014, it was not easy selecting the ‘Top Ten’,” Pinnacle Capital president Richard Hagan told FIN.
“The principal criteria we used for inclusion in this year’s list was the level of impact each deal is expected to have on the industry and marketplace.” Hagan explained.
“For example, we would typically consider a $25 million (Transaction Value) deal involving the combination of two competitors / industry-players to be more “significant” than a $100 million deal in which one private equity firm sold a fastener company to another private equity firm.”
Hagan counted 29 fastener company acquisitions in 2013; 31 during 2012; and 29 in 2011.
Hagan has been compiling the Top Ten list since 1995.
The Hagan’s Top 10 Fastener Acquisitions of 2014 and the annual FIN Stock Review are available online today and everyday to FIN subscribers.
Non-subscribers may purchase individual results in the FIN Article Store.
Related Stories:
• End of 2014 FIN Stock Review
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