M&A Deal Summary |
|
|---|---|
| Date | 2021-09-21 |
| Target | Gen3 Marketing |
| Sector | Marketing |
| Buyer(s) |
Comvest Partners
Stellus Capital Management PennantPark Investment Advisers |
| Sellers(s) | Longshore Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Lincoln International (Financial) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 7.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 49 of 57 |
| Sector (Marketing) | 2 of 2 |
| Type (Secondary Buyout) | 7 of 10 |
| State (Pennsylvania) | 2 of 3 |
| Country (United States) | 48 of 56 |
| Year (2021) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-10 |
RugsUSA
Cranbury, New York, United States RugsUSA helps customers turn their houses into homes, offering a stunning array of rug styles, materials, and sizes to suit every design need and budget. With an expansive selection of rugs and home décor products, attractive price points, seamless online shopping experience, and best-in-class fulfillment and customer care, the company is an experienced e-commerce pioneer and rug industry leader, with over eight million rugs sold to nearly two million homes. RugsUSA was founded in 1998 and is based in Cranbury, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-22 |
Renovation Brands
Florence, Alabama, United States Renovation Brands is a distributor and retailer of electric fireplaces, electric heating appliances, customized fireplace mantels, and outdoor heating products. Renovation Brands was founded in 2002 and is based in Florence, Alabama. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Stellus Capital Management is a provider of debt and equity capital to middle-market companies headquartered throughout the US and Canada. For credit commitments, Stellus looks to provide $10 to $50 million of capital to help support buyouts, acquisitions, recapitalization, growth opportunities, rescue financing, distressed situations, as well as bridge loans. Sectors' of interest for Stellus' credit practice includes business services, energy, general industrial, government, healthcare, software and specialty finance. Stellus' equity practice seeks to provide $30 to $50 million to small and mid-sized energy (upstream, oilfield services, midstream) companies. Stellus Capital was originally formed in 2004 as Laminar Direct Capital and operated as the direct investing unit of D.E. Shaw. The Group became independent in 2012. Stellus has offices in Houston, New York City, and Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 21 |
| Sector (Marketing) | 2 of 3 |
| Type (Secondary Buyout) | 3 of 5 |
| State (Pennsylvania) | 2 of 2 |
| Country (United States) | 11 of 21 |
| Year (2021) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-10 |
MissionWired
Washington, District of Columbia, United States MissionWired provides a full suite of integrated marketing solutions that connect clients with donors to improve digital fundraising results. MissionWired was founded in 2007 and is headquartered in Washington, District of Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-10 |
Ledge Lounger
Katy, Texas, United States Ledge is an in-pool and backyard furniture and accessories platform with an omni-channel go-to-market strategy. Since the introduction of their first in-pool Chaise, Ledge has grown to include patio furnishings, umbrellas, cabanas and outdoor games, all designed to withstand the harsh pool and outdoor environments. Ledge Lounger was founded in 2011 and is based in Katy, Texas. |
Buy | - |
| Category | Lender |
|---|---|
| Founded | 2007 |
| PE ASSETS | 6.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
PennantPark is a provider of credit solutions to middle-market private equity sponsors. The Firm looks to provide $10 to $100 million of capital and can support a variety of investment structures. PennantPark was formed in 2007 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 22 |
| Sector (Marketing) | 3 of 3 |
| Type (Secondary Buyout) | 9 of 9 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 20 of 22 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-03-01 |
CINgroup
Dayton, Ohio, United States CINgroup, Inc. is a provider of innovative software and due diligence products for attorneys practicing bankruptcy and their clients. Serving customers nationwide, the CINgroup family includes Best Case® Bankruptcy, CINcompass®, CIN Legal Data Services® and myHorizon™. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-27 |
Cartessa Aesthetics
Melville, New York, United States Cartessa Aesthetics sources and provides aesthetic medical devices to dermatologists, plastic surgeons, cosmetic physicians, and medical spas. Cartessa Aesthetics was founded in 2017 and is based in Melville, New York. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2020 |
| PE ASSETS | 210M USD |
| Size | Small |
| Type | Sector Agnostic |
Longshore Capital Partners is a private investment firm focused principally on the services sector. The Firm targets control positions in profitable ($5 to $15 million of EBITDA) lower middle-market companies with up to $100 million in revenue and will consider opportunities throughout North America. Longshore prefers companies with growth and high levels of recurring revenue. Longshore Capital Partners was formed in 2020 and is headquartered in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Marketing) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 3 |
| State (Pennsylvania) | 1 of 2 |
| Country (United States) | 1 of 4 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-25 |
Stuzo
Philadelphia, Pennsylvania, United States Stuzo is a provider of loyalty and payments technology solutions for everyday spend retailers, primarily in the fuel and convenience store industries. Stuzo’s Open Commerce product suite consists of: Activate for Intelligent 1:1 Loyalty, Transact for Contactless Commerce, and Experience for Modern Digital Storefronts. Stuzo was founded in 2005 and is based in Philadelphia, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-12 |
Eclipse Advantage
Melbourne, Florida, United States Eclipse Advantage is a provider of outsourced supply chain workforce solutions specializing in servicing warehouses and distribution centers. The company partners with Fortune 1000 companies and small businesses to help them improve supply chain productivity and efficiency. Eclipse Advantage provides a comprehensive suite of labor services in more than 150 locations across the US and Canada, and focuses on a wide array of end markets. Eclipse Advantage was founded in 2003 and is based in Melbourne, Flordia. |
Sell | - |
