M&A Deal Summary

BASE Equity Partners and Cyprium Partners Acquire ACT Entertainment

On January 1, 2014, private equity firm BASE Equity Partners and mezzanine finance firm Cyprium Partners acquired electrical equipment company ACT Entertainment

Acquisition Highlights
  • This is BASE Equity Partners’ 1st and Cyprium Partners’ 3rd transaction in the Electrical Equipment sector.
  • This is BASE Equity Partners’ 1st and Cyprium Partners’ 35th transaction in the United States.
  • This is BASE Equity Partners’ 1st and Cyprium Partners’ 2nd transaction in New Jersey.

M&A Deal Summary

Date 2014-01-01
Target ACT Entertainment
Sector Electrical Equipment
Buyer(s) BASE Equity Partners
Cyprium Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

ACT Entertainment

Hackensack, New Jersey, United States
website
ACT Entertainment is a distributor and manufacturer of lighting control consoles, lighting fixtures, and ancillary products for the live entertainment market. As the exclusive U. S. distributor for two premiers European OEMs, Clay Paky and MA Lighting. ACT Entertainment was founded in 1993 and is based in Hackensack, New Jersey.

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Buyer(S) 2

DESCRIPTION

BASE Equity Partners is a private investment group focused on profitable, lower middle-market company acquisitions. The Firm looks to partner with management and will consider a variety of transaction situations including divestitures, take privates, founder owned businesses seeking growth capita/liquidity, and special situations. Sectors of interest include distribution, consumer, retail, media, business services, technology, information services, and healthcare. BASE Equity Partners was formed in 2013 and is headquartered in New York City.


DEAL STATS #
Overall 1 of 4
Sector (Electrical Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 3
State (New Jersey) 1 of 1
Country (United States) 1 of 4
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 New York Packaging

Garden City Park, New York, United States

New York Packaging Corp. is involved in custom printing and manufacturing of plastic and laminated coated bags.

Buy -
Buyer

Cyprium Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor

website


Category Mezzanine Finance Firm
Founded 1998
PE ASSETS 1.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Cyprium Partners is a private investment firm that provides mezzanine and equity capital to profitable, middle-market companies. The Firm will consider both non-control and control positions in businesses with revenue of $50 to $300 million and at least $8 million of EBITDA. Sectors of interest include traditional industries such as manufacturing, distribution, and services. Cyprium avoids investments in financial services, real estate, energy, commodities, natural resources, restaurants, long-term care and healthcare companies. Cyprium was formerly known as Key Principal Partners. The Firm has offices in Cleveland, Ohio and New York City.


DEAL STATS #
Overall 38 of 50
Sector (Electrical Equipment) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 23 of 24
State (New Jersey) 2 of 2
Country (United States) 35 of 47
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-08 EPIC Technologies

El Paso, Texas, United States

EPIC Technologies, LLC is a rapidly growing provider of electronic manufacturing services (EMS), supplying printed circuit board assemblies (PCBAs) and related components to major electronic product manufacturers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-23 Alpha Precision Group

Ridgway, Pennsylvania, United States

Alpha Precision Group is a manufacturer of high-precision powder metal components for the automotive, small engine, recreation vehicle, lawn & garden, agricultural equipment and commercial vehicle industries. Alpha Precision Group was founded in 1967 and is based in Ridgway, Pennsylvania.

Sell -