Case Study: Husky

Baird recently advised Husky, a portfolio company of Berkshire Partners and OMERS, on its sale to Platinum Equity for $3.85 billion.

Husky is a leading industrial technology provider to the plastics processing industry. Headquartered in Bolton, Ontario, Husky delivers its products and services through manufacturing facilities in eight countries and more than 40 service and sales offices, supporting a wide range of customers in various end markets in more than 100 countries. Husky also provides aftermarket services and parts to a large and growing installed base of systems globally.

Baird’s extensive sector expertise, unique positioning insights and process acumen drove an exceptional outcome for Husky, a premium industrial technology asset of scale.

Transaction Highlights

• Highlighted Consumables Focus: Husky delivers unmatched system capabilities but Baird highlighted Husky’s significant mix from consumable tooling, hot runners, controls and aftermarket, which generate significant revenue over the life of a system
• Effective Positioning: Baird proactively positioned multiple favorable elements of Husky’s demand profile, including brand / SKU proliferation, need for longer shelf life, faster product lifecycles and increased use of engineered packaging
• New Technology: Significant focus on Husky’s innovative new multi-layer technology and upside opportunities throughout the process and diligence
• Rigorous Upfront Preparation: Prepared management to ensure an efficient diligence process and proactive management of key buyer focus areas

While all clients’ situations are different and experiences may differ, Baird’s Global Industrial Investment Banking team has the experience and expertise to meet clients’ needs.

Learn more about Baird’s Global Industrial Team at industrial.rwbaird.com

Baird’s Global Investment Banking Team

Contact Baird to discuss this deal, current market dynamics and their implications for your business.

Trisha K. Renner Managing Director

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Christopher C. McMahon Managing Director Chairman of Global M&A

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Mike Barina Managing Director

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Leslie Cheek IV Managing Director Head of Global Financial Sponsors Group

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Tom Lacy Managing Director

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Thomas Fetzer Managing Director Head of DACH Investment Banking 

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Drew Prekop Director

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Other Relevant Baird-Advised Transactions

Baird served as a bookrunner on Milacron’s IPO of 14.3 million shares, generating gross proceeds of over $285 million. Milacron is a global leader in the plastic technology and processing industry.

Baird served as the lead financial advisor to Mold-Masters Limited, a portfolio company of 3i Group plc in its sale to Milacron LLC, a portfolio company of affiliates of CCMP Capital Advisors, LLC.

Baird served as the exclusive financial advisor to Synventive Molding Solutions, Inc., a portfolio company of Littlejohn & Co., LLC in its sale to Barnes Group Inc.