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New Deal


Announced

Wynnchurch Capital to acquire Industrial Services Solutions from JZ Capital Partners for $30m.

Financials

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Transaction Value£24m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private

Private Equity

Single Bidder

United States

Majority

industrial services

Acquisition

Domestic

Diversified Industrials

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Synopsis

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Wynnchurch Capital, a private equity firm, agreed to acquire Industrial Services Solutions, a provider of manufacturing and industrial support services, from JZ Capital Partners, a private equity firm, for $30m. The company intends to use the proceeds it receives in connection with the disposal towards the implementation of the aims of the company's investment policy and for general corporate purposes. In addition to the Disposal, JZCP will continue to maintain an interest in ISS to be held through a new investment vehicle, Industrial Service Solutions.

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