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Transactions / Savillex

Thompson Street Capital Partners Acquires Savillex Corporation With Its New Fund

Platform acquisitionclosedannounced Aug 29, 2018closed Aug 29, 2018Fact
What happened
Target
Savillex
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
6 named
Buy side
  • Matt ScherrerDeal partnerconfirmed
    According to Matt Scherrer, Managing Director at TSCP, “Savillex is one of a few companies in the world with the capabilities and expertise required to produce PFA products.
  • Thompson Street Capital Partners (TSCP) has partnered with management to acquire Eden Prairie, Minnesota-based Savillex Corporation (Savillex), a designer and manufacturer of advanced fluoropolymer products (PFA) for the geochemistry, environmental, semiconductor, chemical, aerospace and pharmaceuti
Advisory side
  • KPMG Corporate FinanceFinancial adviserconfirmed
    KPMG Corporate Finance LLC and Fredrikson & Byron served as Savillex’s exclusive financial and legal advisers, respectively, and Sidley Austin was Thompson Street’s legal adviser.
  • Fredrikson & ByronLegal adviserconfirmed
    KPMG Corporate Finance LLC and Fredrikson & Byron served as Savillex’s exclusive financial and legal advisers, respectively, and Sidley Austin was Thompson Street’s legal adviser.
  • Sidley Austin LLPLegal adviserconfirmed
    KPMG Corporate Finance LLC and Fredrikson & Byron served as Savillex’s exclusive financial and legal advisers, respectively, and Sidley Austin was Thompson Street’s legal adviser.
Side not stated
  • SavillexTargetconfirmed
    Thompson Street Capital Partners (TSCP) has partnered with management to acquire Eden Prairie, Minnesota-based Savillex Corporation (Savillex), a designer and manufacturer of advanced fluoropolymer products (PFA) for the geochemistry, environmental, semiconductor, chemical, aerospace and pharmaceuti
Evidence
Thompson Street Capital Partners (TSCP) has partnered with management to acquire Eden Prairie, Minnesota-based Savillex Corporation (Savillex), a designer and manufacturer of advanced fluoropolymer products (PFA) for the geochemistry, environmental, semiconductor, chemical, aerospace and pharmaceutical industries.
Thompson Street Capital Partners Acquires Savillex Corporation With Its New Fund | Private Equity Intelligence | DFX