Sale to Platinum Equity

Industrial
Sale to Platinum Equity

Summary

Baird served as a financial advisor to Husky IMS International Ltd. on this transaction

About

Husky IMS International Ltd. (“Husky”), a portfolio company of Berkshire Partners LLC (“Berkshire”) and OMERS Private Equity Inc. (“OMERS Private Equity”), recently announced its sale to Platinum Equity (“Platinum”) for $3.85 billion.

Husky is a leading industrial technology provider to the plastics processing industry, providing an unprecedented level of innovation for injection molding applications. Husky delivers its products and services to a wide range of customers in various end markets across the globe through manufacturing facilities in 8 countries and more than 40 service and sales offices supporting customers in over 100 countries. In addition to complete injection molding solutions, Husky provides aftermarket services and parts to a large and growing installed base of systems globally. Husky is headquartered in Bolton, Ontario.

Berkshire Partners LLC pursues investments in both private equity and marketable securities. Within private equity, has raised nine private equity funds with more than $16 billion in aggregate capital and has made over 120 investments in primarily middle market companies since its founding in 1986. Berkshire has a strong history of partnering with management teams to grow the companies in which it invests with the goal of consistently achieving superior investment returns. Berkshire is based in Boston, Massachusetts.

OMERS, or the Ontario Municipal Employees Retirement System, invests and administers pensions for more than 470,000 municipal employees and retirees throughout Ontario through originating and managing a diversified portfolio of investments. OMERS Private Equity, the private equity arm of the OMERS, seeks to use its significant and differentiated capital base to partner with management teams of industry leading businesses. OMERS Private Equity is based in Toronto, Ontario.

Platinum Equity is a global investment firm with $13 billion of assets under management and a portfolio of more than 30 operating companies that serve customers around the world. Over the past 22 years Platinum Equity has completed more than 200 acquisitions in a broad range of industries. Platinum is headquartered in Beverly Hills, California.
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Industrial
Sale to Platinum Equity
Date
March 2018
Company
Husky IMS International Ltd.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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