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New Deal


Announced

Completed

Northstar Capital and Hanover Partners completed the acquisition of Consolidated Equipment Group from Dominus Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Private Equity

utility terrain vehicles

Completed

United States

Single Bidder

Automobiles

Domestic

compact tractors

Friendly

Majority

Synopsis

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Northstar Capital and Hanover Partners, two private equity firms, completed the acquisition of Consolidated Equipment Group, a designer and manufacturer of attachments for skid-steers loaders, mini skid-steers, compact tractors, utility terrain vehicles, all terrain vehicles, and other light-construction equipment, from Dominus Capital, a private equity firm. Financial terms were not disclosed. “We really appreciated the opportunity to work with Hennepin Partners and valued the partnership formed when finding Dominus Capital as the next home for CEG. We are thrilled to work with Dominus to accelerate growth across channels and geographies as well as through strategic acquisitions,” Tom Flynn, CEO, CEG.

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