M&A Deal Summary

Aavin Equity Advisors, B12 Capital Partners and Konza Valley Capital Acquire B12 Transportation Group

On February 26, 2016, private equity firms Aavin Equity Advisors, B12 Capital Partners and Konza Valley Capital acquired automotive company B12 Transportation Group

Acquisition Highlights
  • This is Aavin Equity Advisors’ 2nd, B12 Capital Partners’ 1st and Konza Valley Capital’s 1st transaction in the Automotive sector.
  • This is Aavin Equity Advisors’ 8th, B12 Capital Partners’ 8th and Konza Valley Capital’s 3rd transaction in the United States.
  • This is Aavin Equity Advisors’ 1st, B12 Capital Partners’ 1st and Konza Valley Capital’s 1st transaction in Missouri.

M&A Deal Summary

Date 2016-02-26
Target B12 Transportation Group
Sector Automotive
Buyer(s) Aavin Equity Advisors
B12 Capital Partners
Konza Valley Capital
Deal Type Consolidation

Target

B12 Transportation Group

Kansas, Missouri, United States
B12 Transportation Group is the parent company of two operating subsidiaries, Brown Industries and Diamond Coach. B12 Transportation Group was founded in 2015 and is based in Kansas, Missouri.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 3

Buyer

Aavin Equity Advisors

Cedar Rapids, Iowa, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 275M USD
Size Small
Type Sector Agnostic
DESCRIPTION

AAVIN Private Equity is a private investment firm that targets investments in smaller companies at all stages of development from early stage to later stage/buyouts. AAVIN typically looks for opportunities located in the Midwest and typically commits $1 to $5 million of capital per transaction. Sectors of interest include medical services & devices, telecommunications, manufacturing & distribution, industrial products & services and computer & software. AAVIN was formed in 1999 and is based in Cedar Rapids, Iowa.


DEAL STATS #
Overall 8 of 14
Sector (Automotive) 2 of 2
Type (Consolidation) 1 of 2
State (Missouri) 1 of 1
Country (United States) 8 of 14
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 Transfer Tool Products

Grand Haven, Michigan, United States

Transfer Tool Products is a manufacturer of complex deep-drawn metal components and assemblies, specializing in high-volume production of small custom parts in steel, stainless steel, brass, aluminum, and other metal alloys. Transfer Tool Products was founded in 1985 and is based in Grand Haven, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 America s Powersports

Allen, Texas, United States

America's Powersports is an operator of an auto dealer network for the power sports equipment manufacturers (“OEMs”), including Harley-Davidson, Honda, Yamaha, Kawasaki, Suzuki, Polaris, and Bombardier. America's Powersports was founded in 1998 and is based in Allen, Texas.

Sell -
Buyer

B12 Capital Partners

Kansas, Missouri, United States

Investor Investor

website


Category Private Equity Firm
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

B12 Capital Partners is a private equity fund focused on partnering with managers to invest in manufacturing and distribution companies with revenues of $5 to $50 million. B12 provides capital for growth, ownership transitions, as well as outright acquisitions. The Firm prefers profitable businesses (up to $5 million of EBITDA) with sustainable competitive positions and identifiable growth prospects. B12 targets companies located in the Midwest, Southeast, and Intermountain West. B12 will not consider startups, early-stage transactions, turnarounds, or businesses in real estate, oil/gas, restaurants, and retail. B12 was established in 2006 and is based in Kansas City, Missouri.


DEAL STATS #
Overall 8 of 8
Sector (Automotive) 1 of 1
Type (Consolidation) 1 of 1
State (Missouri) 1 of 1
Country (United States) 8 of 8
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-19 Office Snax

Hinsdale, Illinois, United States

Office Snax, Inc. is a producer of food, snack, beverage and related consumable items for your office and breakroom. In addition to the office products distribution channel, Office Snax also sells a limited product offering to the school, coffee, and water distribution channels, as well as through its own website. Office Snax is based in Hinsdale, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-30 Domaille Engineering

Rochester, Minnesota, United States

Domaille Engineering is a provider of polishing machines and fixtures, inspection equipment and associated engineered products for the rapidly growing fiber-optic cable market. The Company also engineers and manufactures complex, mission-critical products for the defense, aerospace, national security, telecommunications, energy and medical sectors. Domaille Engineering was founded in 1990 and is based in Rochester, Minnesota.

Sell -
DESCRIPTION

Konza Valley Capital is a private investment firm focused on $1 to $3 million investments in lower middle-market Midwestern US-based companies operating in traditional industries. Konza looks to support a variety of transaction situations including capital for acquisitions, growth, ownership transitions, and turnarounds. Broad areas of interest include manufacturing, services, distribution, retail and technology related industries. Konza Valley Capital is based in Overland Park, Kansas.


DEAL STATS #
Overall 3 of 8
Sector (Automotive) 1 of 1
Type (Consolidation) 1 of 1
State (Missouri) 1 of 1
Country (United States) 3 of 8
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 Transfer Tool Products

Grand Haven, Michigan, United States

Transfer Tool Products is a manufacturer of complex deep-drawn metal components and assemblies, specializing in high-volume production of small custom parts in steel, stainless steel, brass, aluminum, and other metal alloys. Transfer Tool Products was founded in 1985 and is based in Grand Haven, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-18 AirWorx Construction Equipment

Indianapolis, Indiana, United States

AirWorx Construction Equipment is a distributor of new and used construction equipment such as Aerial Work Platforms and Telehandlers for the construction and industrial markets in the Indiana, Ohio, and Kentucky regions. AirWorx Construction Equipment was founded in 1996 and is based in Indianapolis, Indiana.

Buy -