M&A · Industrials · Deep Sea Foreign Transportation of Freight
American Industrial Partners to acquire Seacor Holdings Inc
Announced Dec 7, 2020 · Closed Apr 16, 2021
Deal value$845MEV $996M
Premium14.0%To unaffected price
EV / Adj. EBITDA10.3x1.4x EV / Revenue
ConsiderationAll cash$41.50 per share
Transaction
- Acquirer
- American Industrial Partners
- Target
- Seacor Holdings Inc
- Buyer type
- Strategic
- Offer price per share
- $41.50
- Enterprise value
- $996M
- Status
- Closed Apr 16, 2021
Deal protections
- Break fee (target pays)
- $29.0M · 3.4%
- Reverse fee (buyer pays)
- $52.0M · 6.2%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Not disclosed
- To the target
- Foros
Sector context · Industrials
- Comparable deals
- 3 in the prior 24 months
- Premium
- 14.0% vs. 57.4% sector median
- EV / Adj. EBITDA
- 10.3x vs. 8.3x sector median
- Break fee
- 3.4% vs. 2.0% sector median
Timeline
- AnnouncedDec 7, 2020
- Tender offerDec 18, 2020
- ClosedApr 16, 2021