Don Wall and PHI, Inc. Acquire HNZ Group Inc.

Hanwha Systems & Hanwha Ocean Acquire Philly Shipyard from Aker ASA

June 20, 2024

Manufacturing

Hanwha Systems and Hanwha Ocean will invest $100 million to acquire Philly Shipyard from Aker ASA, bringing a U.S. Jones Act shipbuilder into the Hanwha group. The acquisition aims to expand Hanwha’s shipbuilding and defense capabilities in the United States by combining Hanwha’s naval systems and marine technology with Philly Shipyard’s U.S. shipbuilding operations and Jones Act-compliant production.

PHM Group Acquires Investis Group's Real Estate Services Business in Switzerland

June 24, 2024

Real Estate

PHM Group completed the acquisition of Investis Group's entire real estate services business on 24 June 2024, adding Swiss subsidiaries that provide property management and maintenance services. The acquired businesses employ 2,285 people and generated approximately CHF 181 million in revenue for the year ended 31 December 2023; as part of the deal Investis took a minority stake in PHM and Investis CEO Stéphane Bonvin joined PHM's board.

Makers Forward, LLC Acquires New Hampshire Industries, Inc. and Phoenix Distribution

December 6, 2019

Manufacturing

Makers Forward, LLC acquired the assets of New Hampshire Industries, Inc. and Phoenix Distribution and consolidated operations into NHI Mechanical Motion, LLC. The acquisition preserves existing management and employees and aims to strengthen the company's manufacturing and distribution capabilities serving outdoor power equipment, material handling, agricultural and other industrial end markets.

Hub International Acquires Pacific Northwest Insurance, Inc.

March 8, 2022

Insurance

Hub International Limited acquired the assets of Pacific Northwest Insurance, Inc., a Kirkland, Washington-based personal and high-net-worth insurance agency. The transaction brings the PNI team into Hub Northwest to strengthen Hub's personal insurance and high-net-worth offerings; terms were not disclosed.

New Mountain Capital Acquires Horizon Group Holdings from Sun Capital Affiliate

November 13, 2019

HVAC & Mechanical

New Mountain Capital has acquired Horizon Group Holdings, LLC (Horizon Services) from an affiliate of Sun Capital Partners. Horizon, a Newark, Delaware-based residential provider of heating, air conditioning, plumbing, and electrical services with a ~1,400-employee team, will remain managed by founder Dave Geiger and management, and will use New Mountain's capital and resources to accelerate organic and acquisition-led growth.

Hahn & Co. and Hana Financial Group Buy H-Line Shipping for 1.8 Trillion Won

May 24, 2020

Transportation

South Korea’s private equity firm Hahn & Co. and Hana Financial Group have agreed to buy a 100% stake in H-Line Shipping for 1.8 trillion won (~$1.45bn). The deal is structured as a leveraged buyout via a project fund (about 45% financed with debt) and is intended to move the shipping company’s ownership to long-term investors while supporting consolidation and growth in Hahn & Co.’s shipping platform.