M&A Deal Summary

Argosy Private Equity Acquires Breezesta

On June 3, 2016, private equity firm Argosy Private Equity acquired furniture company Breezesta

Acquisition Highlights
  • This is Argosy Private Equity’s 2nd transaction in the Furniture sector.
  • This is Argosy Private Equity’s 62nd transaction in the United States.
  • This is Argosy Private Equity’s 15th transaction in Pennsylvania.
Investment Fate
  • Breezesta was sold to a strategic buyer in 2021.

M&A Deal Summary
Date 2016-06-03
Target Breezesta
Sector Furniture
Buyer(s) Argosy Private Equity
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Woodbridge International (Financial)

Target

Breezesta

New Holland, Pennsylvania, United States
website
Breezesta is a manufacturer of recycled poly-resin outdoor furniture and accessories. Breezesta was founded in 2004 and is based in New Holland, Pennsylvania.

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) 1

Buyer

Argosy Private Equity

Wayne, Pennsylvania, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1990
PE ASSETS 575M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Argosy Private Equity is the private equity arm of Argosy Capital, an asset management firm. Argosy Private Equity provides both debt and equity capital to lower middle-market companies located throughout the US. Argosy focuses on growth companies with experienced management teams and revenues between $15 and $100 million and EBITDA of $3 to $9 million. Argosy looks to invest $5 - $20 million per transaction. Specific areas of interest include manufacturing, business services, franchising and Value added distributions. The Firm will consider a variety of transaction types, including MBO’s, recapitalizations, growth equity and acquisitions. Argosy was formed in 1990 and is based in Wayne, Pennsylvania.

DEAL STATS #
Overall 62 of 85
Sector (Furniture) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 34 of 52
State (Pennsylvania) 15 of 16
Country (United States) 62 of 85
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-03 Trigon Plastics

Newmanstown, Pennsylvania, United States

Trigon Plastics operates a plastic recovery and recycling facility, processing in excess of 25 million pounds of post-consumer scrap plastic annually. Trigon Plastics was founded in 2012 and is based in Newmanstown, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Combined Public Communications

Highland Heights, Kentucky, United States

Combined Public Communications is a provider of Inmate Telephone Services to small and medium-size correctional facilities. Combined Public Communications is based in Highland Heights, Kentucky.

Buy -
Mergr

Product

Company

Legal