Deal Details
Sale to Filtration Group Corporation
Summary
Baird served as the exclusive financial advisor to Porex Corporation
About
Porex Corporation (“Porex” or the “Company”), a portfolio company of Aurora Capital Group (“Aurora”), was recently acquired by Filtration Group Corporation (“Filtration Group”), a portfolio company of Madison Capital Partners (“Madison”). Terms of the transaction were not disclosed.Porex is a leading developer of porous polymer materials used to deliver exacting functional performance such as specific flow rates or chemical, molecular or microbial separation and resistance. Porex’s products filter, vent, wick or diffuse fluids and gases in a range of end markets including bioscience, medical consumables, consumer products, electronics and industrial filtration. Porex was founded in 1961 and is headquartered in Fairburn, Georgia with additional facilities in Germany, Malaysia and Scotland.
Aurora Capital Group is a private investment firm managing over $2.0 billion of capital across several private equity funds. Aurora's traditional private equity vehicle, Aurora Equity Partners, focuses principally on control-investments in middle-market businesses with leading market positions, strong cash flow profiles, and actionable opportunities for growth in partnership with operating management. Aurora Capital Group is based in Los Angeles, California.
Filtration Group is a leader in cleaning air, reducing carbon emissions, increasing energy efficiency and keeping food, water and medical procedures safe through its wide range of filtration solutions. Serving industry leaders across the globe, Filtration Group operates facilities in 20 countries under three operating divisions: Liquid/Process, Environmental Air and Fluid. Filtration Group provides solutions to customers in the food & beverage; water, micro-electronics & telecommunications; environmental air; medical & bioscience; hydraulics; mining & minerals; industrial finishing and energy industries. Filtration Group is headquartered in Chicago, Illinois.
Madison Capital Partners acquires and grows branded market leaders. Founded in 1994, Madison builds each and every business as if it will own it forever; investing in the best people, technologies and strategies to grow truly unique organizations that deliver outstanding customer value. Madison is based in Chicago, Illinois.
For additional information about this transaction, please contact:
- Date
- November 2013
- Company
- Porex Corporation
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
- Acquiror Geography
- North America
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