M&A Deal Summary

Comvest Partners Acquires Duke’s Root Control

On December 13, 2022, private equity firm Comvest Partners acquired environmental company Duke’s Root Control from Douglas Products & Packaging Company

Acquisition Highlights
  • This is Comvest Partners’ 2nd transaction in the Environmental sector.
  • This is Comvest Partners’ 53rd transaction in the United States.
  • This is Comvest Partners’ 2nd transaction in Illinois.

M&A Deal Summary
Date 2022-12-13
Target Duke’s Root Control
Sector Environmental
Buyer(s) Comvest Partners
Sellers(s) Douglas Products & Packaging Company
Deal Type Divestiture

Target

Duke’s Root Control

Elgin, Illinois, United States
website
Duke’s Root Control is a nationwide service provider that identifies and eliminates sewer system blockages and I&I (Inflow & Infiltration), extending the life of your critical infrastructure assets. Duke’s Root Control is based in Elgin, Illinois.

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Buyer(S) 1

Buyer

Comvest Partners

West Palm Beach, Florida, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2000
PE ASSETS 7.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Comvest Partners' headquarters in West Palm Beach, Florida.
Comvest Partners' headquarters in West Palm Beach, Florida.

Comvest Partners is a private investment firm that provides equity and debt capital to middle-market companies across North America. Comvest funds a variety of investment situations, including buyouts, divestitures, recapitalizations, consolidations, take privates, and turnarounds. Sectors of interest include business services, information services, education, financial services, healthcare services, software, IT, and transportation. For equity investments, Comvest prefers control and looks to invest $50 to $150 million per transaction. For debt needs, Comvest seeks to provide $25 to $250 million per transaction. Comvest Partners was formed in 2000 and is based in West Palm Beach, Florida.

DEAL STATS #
Overall 54 of 57
Sector (Environmental) 2 of 2
Type (Divestiture) 5 of 5
State (Illinois) 2 of 2
Country (United States) 53 of 56
Year (2022) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-28 Bradford Health Services

Birmingham, Alabama, United States

Bradford Health Services is a provider of substance abuse treatment and recovery services. Bradford offers early intervention services, crisis response, intensive outpatient care, partial hospitalization, and residential care, inpatient detox, and transitional living and life skills programming. Bradford Health Services was formed in 1977 and is based in Birmingham, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 Flash Global

Parsippany, New Jersey, United States

Flash Global is an asset-light, third-party logistics provider. The company focuses on processing, facilitating and managing the delivery of high-velocity, time-sensitive critical parts. Flash Global was founded in 1983 and is based in Parsippany, New Jersey.

Buy -

Seller(S) 1

SELLER

Douglas Products & Packaging Company

Liberty, Missouri, United States

website

Category Company
Sector Packaging
DESCRIPTION

Douglas Products & Packaging Company is a specialty products manufacturer and marketer of high-quality brands in the global agriculture production and structural pest control markets. Douglas Products & Packaging Company is based in Liberty, Missouri.

DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-06 Vikane and ProFume businesses

Indianapolis, Indiana, United States

Buy -
Mergr

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