Sonenshine Partners/Deal History

Deal History

65+ total transactions representing $20B+ in aggregate value — 15 tracked below spanning 2005–2021 · 6 industries

65+
Total Transactions
6
Industries
2005–2021
Years Active
Healthcare Products4
Sivantos Acquisition of TruHearing2018
Acquired by PE: Sivantos Group (EQT-backed)

Advised on acquisition of TruHearing by EQT-backed Sivantos Group, part of long-standing track record in consumer health and audiology sectors.

Sell SideSell Side Advisor
Sale of IRIS The Visual Group to New Look Vision Group2017
Strategic acquirer: New Look Vision Group

Advised board of Canada's leading doctor-centric retail eye care chain (140+ locations) on strategic sale to publicly-listed New Look Vision Group. Created largest retail eye care chain in Canada and 8th largest in North America.

$120M CADSell SideSell Side Advisor
Sale of 1-800 CONTACTS to WellPoint (Anthem)2012
Strategic acquirer: WellPoint (Anthem)

Exclusive financial advisor on $900M strategic sale of direct-to-consumer contact lens leader to WellPoint. Major transaction for optical/healthcare vertical. Also advised on company go-private transaction, divestitures, and strategic partnership with Walmart.

$900MSell SideSell Side Advisor
Optical Distributor Group Sale to New Mountain Capital/ABB-Concise2010
Acquired by PE: ABB-Concise (New Mountain Capital)

Advisor to founders of Optical Distributor Group (2nd largest contact lens/ophthalmic distributor) on competitive auction among strategic and PE buyers. Negotiated merger with competitor ABB-Concise financed by New Mountain Capital. Resulting merged business has $1.2B+ in sales.

$350MSell SideSell Side Advisor
Process Manufacturing2
Alcoa Global Foil Divestitures
Strategic acquirer: Yunnan Metallurgical Group (China), Bavaria Industriekapital (Spain)

Advised global aluminum producer Alcoa on divestitures of Global Foil strategic business unit facilities in China and Spain during post-2008 financial crisis aluminum market downturn.

Sell SideSell Side Advisor
Nine Dragons Paper Acquisition of Rumford and Biron Mills2018
Strategic acquirer: Nine Dragons Paper

Exclusive advisor to China's largest containerboard producer (SEHK:2689, $7.4B market cap) on $175M acquisition of Rumford and Biron pulp and paper mills from Catalyst Paper. Marked Nine Dragons' strategic entry into North American market. Multiple less than 6x LTM EBITDA.

$175MSell SideSell Side Advisor
Media & Entertainment4
NEP Broadcasting Sale by American Securities2018
Strategic acquirer: Strategic/Financial Buyers

Advised on $820M sale of NEP Broadcasting by American Securities.

$820MSell SideSell Side Advisor
Fox Shine Group Merger with Endemol and CORE Media2014
Acquired by PE: Apollo Management/21st Century Fox portfolio

Advised 21st Century Fox on $3.5B merger of Shine Group with Apollo Management portfolio companies Endemol and CORE Media, creating major media production platform.

$3.5BSell SideSell Side Advisor
Philadelphia Media Holdings Chapter 11 Bankruptcy Sale2012
Acquired by: Consortium of Lenders

Investment banker to debtor in Chapter 11 restructuring of Philadelphia Inquirer/Philadelphia Daily News parent. Arranged DIP financing and highest-price bankruptcy newspaper sale during 2009-2012 distress period. Landmark credit bidding case.

$139MSell SideSell Side Advisor
Warner Music Group Sale to Access Industries2011
Acquired by PE: Access Industries

Advised on $3.3B sale of Warner Music Group to Access Industries, marquee entertainment transaction.

$3.3BSell SideSell Side Advisor
Professional Services1
Sale of Anne Lewis Strategies to Stone-Goff Partners2021
Acquired by PE: Stone-Goff Partners

Advised Data Axle and Court Square Capital Partners on sale of Anne Lewis Strategies, leading provider of tech-enabled digital fundraising services for nonprofits and political organizations. Corporate carveout transaction.

Sell SideSell Side Advisor
Retail & E-Commerce2
Vision Direct Sale to Essilor International2016
Strategic acquirer: Essilor International

Financial advisor to Vision Direct on sale to Essilor International, global leader in ophthalmic lens manufacturing.

Sell SideSell Side Advisor
Sale of drugstore.com to Walgreens2010
Strategic acquirer: Walgreens

Advised management and board of publicly-listed drugstore.com on $450M strategic sale to Walgreens, representing 113% one-day premium to stock price and 50x EBITDA multiple. Also advised on JV with Luxottica and subsequently on divestiture of SkinStore.com to Hut Group.

$450MSell SideSell Side Advisor
Software & SaaS2
Acquisition of Incadea by Dealertrack Technologies2018
Strategic acquirer: Dealertrack Technologies

Advised board of directors of London-listed Incadea (enterprise software to 3,500+ automotive dealers) on strategic sale to US-based Dealertrack Technologies at 70%+ stock premium, 3x revenue, 19x EBITDA multiple.

$190MSell SideSell Side Advisor
Abaqus Sale to Dassault Systèmes2005
Strategic acquirer: Dassault Systèmes

Advised founders of ABAQUS (simulation/visualization software for Fortune 100 in automotive, aerospace, manufacturing) on sale to Paris-based Dassault Systèmes at 4x revenue multiple. Became SIMULIA, a leading simulation software platform.

$425MSell SideSell Side Advisor