Sale to Blount International, Inc.

Industrial
Sale to Blount International, Inc.

Summary

Baird served as the exclusive financial advisor to Woods Equipment Company

About

Woods Equipment Company (“Woods” or the “Company”), a portfolio company of Genstar Capital, has been acquired by Blount International, Inc. (“Blount”) (NYSE: BLT) for approximately $185 million in cash.

Headquartered in Oregon, Illinois, Woods is a manufacturer and marketer of equipment and replacement parts for the farm, ranch and agriculture and construction markets, primarily in North America. Woods manufactures, markets and distributes agriculture and construction attachments and related replacement parts in its Attachment division, and it markets and distributes one of the largest selections of replacement parts for tractors and implements through its Aftermarket Parts division. Woods offers its products under the brand names Woods®, Alitec®, Central Fabricators®, Gannon®, Wain-Roy®, WoodsCare™ and TISCO® through a distribution network of over 11,000 dealers nationwide, original equipment manufacturers, nationwide farm stores, an e-commerce portal and tractor repair shops.

Headquartered in San Francisco, Genstar is a private equity firm that invests in leading middle-market companies. The firm typically invests between $50 million and $400 million of equity per transaction in companies with revenues ranging from $50 million to $1 billion and EBITDA greater than $15 million.

Blount is a leader in the design, manufacturing and marketing of replacement parts and equipment for consumers and professionals in select global end markets, including forestry; lawn and garden; farm, ranch, and agriculture; and concrete cutting and finishing, and is the market leader in manufacturing saw chain and guide bars for chain saws. Blount sells its products in more than 100 countries around the world. Blount is publicly traded (NYSE: BLT) and headquartered in Portland, Oregon.

For additional information about this transaction, please contact:

Chris McMahon (312) 609-4983
David Wierman (404) 264-2211
Joe Packee (414) 298-7644
Mike Lindemann (414) 298-7408
Michael Wolff +49 0 691 301 4949
Anthony Siu +86 21 6182 0980
Industrial
Sale to Blount International, Inc.
Date
September 2011
Company
Woods Equipment Company
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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