M&A Report: Eaton finalizes $1.4B acquisition of Minden’s Fibrebond 

G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. //April 15, 2025 https://bit.ly/Chaffe-CB-Apr25 Underscoring the critical role of infrastructure supporting the digital age, Eaton Corp., a global intelligent power management company, agreed in March to buy Minden, Louisiana-based Fibrebond Corporation in a transaction valued at $1.4 billion. The deal is expected to close…

M&A Report: Industry giants enter bidding war over Louisiana-based H&E Equipment Services Inc.

G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Mar25 After agreeing to sell to United Rental (URI.N) in January, Baton Rouge-based H&E Equipment Services Inc. (HEES.O) found itself at the center of a high stakes bidding war between two industry giants. During H&E’s 35-day “go-shop” period following the United Rental bid, Herc…

M&A Report: New year started with $3.4B sale of H&E Equipment

G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Feb25 After agreeing to sell to United Rental (URI.N) in January, Baton Rouge-based H&E Equipment Services, Inc. (HEES.O) found itself at the center of a high stakes bidding war between two industry giants.  During H&E’s 35-day “go-shop” period following the United Rental bid, Herc…

M&A Report: Louisiana M&A activity declines for second consecutive year

G.F. Gay Le Breton and Liam Norton, Chaffe & Associates Inc. https://bit.ly/Chaffe-CB-Jan25 M&A activity in Louisiana started 2025 with a bang when Baton Rouge-based H&E Equipment Services agreed on January 13th to sell to United Rentals, Inc. for $3.4 billion.  United Rentals will acquire H&E for $92 per share in cash, plus the assumption of…

M&A Report: 6 New Orleans area companies sold or made acquisitions in February

G.F. Gay Le Breton And Liam Norton, Chaffe & Associates Inc.  https://bit.ly/Chaffe-CB-Mar24 Six greater New Orleans area companies were sold or made acquisitions in the month of February. New Orleans-based ChapterSpot, the leading provider of CRM and member management software for fraternal and chapter-based organizations, sold to Michigan-based Billhighway, a provider of financial management solutions…

M&A Report: Largest cancer care organization in state expands into north and central Louisiana

G.F. Gay Le Breton And Liam Norton  https://bit.ly/Chaffe-CB-Feb24 Mary Bird Perkins Cancer Center (MBPCC), the largest cancer care organization in Louisiana, announced in January that it has entered into a strategic alliance with Shreveport-based MD Clinics. The transaction is significant because it will expand MBPCC’s services into north and central Louisiana, including rural clinics that are…

M&A Report: Louisiana merger and acquisition activity dropped in 2023

G.F. Gay Le Breton And Liam Norton  https://bit.ly/Chaffe-CB-Jan24 Louisiana merger and acquisition activity dropped in 2023, mirroring a disappointing global M&A market. Overall, the state saw 187 deals in 2023 involving a Louisiana target/buyer/seller announced or closed. This represents an 11.2% decrease from the 208 deals struck in 2022. Global M&A volume for deals done…

M&A Report: Louisiana experiences 3 notable acquisitions in November

G.F. Gay Le Breton And Liam Norton  https://bit.ly/Chaffe-CB-Dec23 Louisiana witnessed three significant acquisition transactions making headlines in November. Baton Rouge-based Marucci Sports sold again, this time to Fox Factory Holding Corp for $572 million. The deal, which closed on November 15, saw Fox purchase the renowned sports equipment manufacturer’s parent company, Wheelhouse Holdings Corp. from…

M&A Report: Louisiana companies make big moves in gas and jet fuel markets

G.F. Gay Le Breton And Liam Norton  https://bit.ly/Chaffe-CB-Nov23 Louisiana is home to some of the most dynamic and innovative energy and energy-adjacent companies in the country, and they have been busy making deals. Notable transactions that were announced or closed last month involved Bernhard Capital Partners, a private equity firm which frequently deals in energy;…