M&A Deal Summary

Compass Group Equity Partners Acquires Anderson UnderBridge

On June 20, 2023, private equity firm Compass Group Equity Partners acquired machinery company Anderson UnderBridge

Acquisition Highlights
  • This is Compass Group Equity Partners’ 1st transaction in the Machinery sector.
  • This is Compass Group Equity Partners’ 16th transaction in the United States.
  • This is Compass Group Equity Partners’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2023-06-20
Target Anderson UnderBridge
Sector Machinery
Buyer(s) Compass Group Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Anderson UnderBridge

York, South Carolina, United States
website
Anderson UnderBridge is a manufacturer and rental operator of mobile bridge inspection trailers and trucks used in the inspection and maintenance of bridges. Anderson UnderBridge was founded in 2005 and is based in York, South Carolina.

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Buyer(S) 1

Buyer

Compass Group Equity Partners

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2015
Size Small
Type Sector Agnostic
DESCRIPTION

Compass Group Equity Partners is a private equity firm focused on lower middle-market companies. The Firm looks to invest between $1 to $15 million for companies generating sales of $20 to $100 million. Prospective transaction types include management buyouts, growth financings, and stake purchases. Sectors of interest include manufacturing, distribution, and business services. Compass Group was formed in 2015 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 16 of 17
Sector (Machinery) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 10 of 10
State (South Carolina) 1 of 1
Country (United States) 16 of 17
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-11 Mearthane Products

Cranston, Rhode Island, United States

Mearthane Products is a manufacturer of custom formulated and fabricated open-cast, thermoset polyurethane components. Recognized as a pioneer in the development of polyurethane rollers for copiers, Mearthane Products is a key supplier for manufacturers in the business machine, industrial, recreational, and military/defense industries. Mearthane Products was foudned in 1965 and is based in Cranston, Rhode Island.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-28 Hoist & Crane Service Group

Jefferson, Louisiana, United States

Hoist & Crane Service Group is a provider of inspection, preventative maintenance, and repairs solutions to the overhead crane & hoist, industrial elevator, and overhead door markets. The company’s employees provide a variety of services ranging from OSHA inspections to full-service preventative maintenance on everything from overhead production cranes to small chain hoists for a broad array of industries including pulp and paper, manufacturing, petrochemical, nuclear, automotive, oil and gas (offshore, pipeline, and upstream), defense, and primary metals. Hoist & Crane Service Group was founded in 1976 and is based in Jefferson, Louisiana.

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