The Deal
Tuesday, November 24, 
2:03 am

Private Equity exit activity: June 13-20

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Private equity firms racked up a series of highly profitable exits from their portfolio companies over the last week, highlighted by Apollo Management LP's 25-times internal rate of return on its $1.1 billion sale of PNA Group Inc. to Reliance Steel & Aluminum Co. The chart after the jump rounds up the top sales of portfolio companies by LBO firms, using data from TheDeal.com. - George White

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PE exits
Exits for Private Equity firms from June 13-20
Portfolio company
Private equity owner
Type
Value ($mill.)
Notes
Euromedic International Holdings BV Warburg Pincus
M&A
$1700
The buyout shop made 3-times its money and realized an IRR of 60%.
PNA Group Inc. Platinum Equity LLC
M&A
1100
Platinum made a 25-times return in two years.
Hughes Telematics Inc. Apollo Management LP
M&A
700
Apollo will retain a stake in the company.
RHI Entertainment Inc. Kelso & Co., Robert Halmi Jr.
IPO
225
RHI is the first PE-backed IPO of June.
Preferred Freezer Services LLC TA Associates Inc.
M&A
200
TA Associates tripled its money on the sale.
Specialty Coating Systems Inc. Bunker Hill Capital LP
M&A
200
The sale gives Bunker a 6-times return and more than 100% IRR.
Brookhouse Holdings Ltd. Aberdeen Asset Managers Private Equity
M&A
N/A
Aberdeen made 4 times its original investment on the sale.

N/A = Not Available

Source: The Deal LLC

 

See Deal.com story on Euromedic
See Deal.com story on PNA
See Deal.com story on Hughes
See Deal.com story on RHI
See Deal.com story on Preferred Freezer
See Deal.com story on Specialty Coating
See Deal.com story on Brookhouse





Comments

From: LQ,

Mr. George White,

I just want to remind you that PNA is not an Apollo deal, it is Platinum Equity...


Post a comment





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