M&A Deal Summary |
|
---|---|
Date | 2021-01-17 |
Target | Groundworks |
Sector | Construction |
Buyer(s) |
Cortec Group
Twin Brook Capital Partners Golub Capital Adams Street Partners |
Sellers(s) | Succession Capital Partners |
Deal Type | Recapitalization |
Advisor(s) | Harris Williams & Co. (Financial) Moore & Van Allen PLLC (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Private Equity Firm |
---|---|
Founded | 1984 |
PE ASSETS | 4.6B USD |
Size | Large |
Type | Sector Agnostic |
Cortec Group, Inc. is a private equity firm focused on acquiring mid-sized businesses operating in basic industries. Cortec Group is an experienced and knowledgeable investor in healthcare products and services, B2C and B2B products, value-added distribution (including eCommerce), and specialty services companies with revenues of $40-$300 million and EBITDA of $7 to $35+ million. The Cortec Group was formed in 1984 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 42 of 44 |
Sector (Construction) | 1 of 1 |
Type (Recapitalization) | 6 of 8 |
State (Virginia) | 2 of 2 |
Country (United States) | 41 of 43 |
Year (2021) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-01-24 |
Lap of Love Veterinary Hospice
Lutz, Florida, United States Lap of Love Veterinary Hospice is a provider of end of life care for companion animals, offering consultations, hospice care, and euthanasia, and related aftercare services. Lap of Love Veterinary Hospice was founded in 2009 and is based in Lutz, Florida. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-04-22 |
Canadian Hospital Specialties
Oakville, Ontario, Canada Canadian Hospital Specialties manufactures, sells, markets, and distributes disposable medical and surgical products primarily to the Canadian hospital market. Canadian Hospital Specialties is based in Oakville, Ontario. |
Sell | - |
Category | Mezzanine Finance Firm |
---|---|
Founded | 2014 |
PE ASSETS | 22.3B USD |
Size | Mega |
Type | Sector Agnostic |
Twin Brook Capital Partners is a provider of senior financing to small and mid-sized profitable companies. The Firm looks to offer a variety of credit and equity solutions including revolvers, senior loans, unitranche loans, mezzanine financing, and equity co-investment to US-based companies with $3 to $50 million in EBITDA. Target sectors include industrial, manufacturing, business services, financial services, insurance, aerospace/defense, distribution, healthcare, and software/tech enabled services. Twin Brook Capital Partners is based in Chicago, Illinois.
DEAL STATS | # |
---|---|
Overall | 15 of 22 |
Sector (Construction) | 1 of 1 |
Type (Recapitalization) | 3 of 3 |
State (Virginia) | 3 of 3 |
Country (United States) | 15 of 21 |
Year (2021) | 1 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-12-08 |
PaperTech
Bingham Farms, Michigan, United States PaperTech is a manufacturer of paperboard packaging products for major food brands, contract food packagers, food service operations, as well as for commercial bakeries, quick-serve restaurants, and “take-and-bake” pizza companies. PaperTech was founded in 1999 and is based in Bingham Farms, Michigan. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-03-04 |
Leonard
Mount Airy, North Carolina, United States Leonard is a full-service retailer of truck accessories, trailers, and sheds in the United States. The Company offers high-quality, complementary, specialized products geared towards professionals, do-it-yourself and do-it-for-me consumers, and truck enthusiasts. Leonard’s sheds are manufactured in the Company’s Mount Airy, North Carolina facility and its trailers are contract manufactured in the United States. |
Buy | - |
Category | Lender |
---|---|
Founded | 1994 |
PE ASSETS | 55.0B USD |
Size | Mega |
Type | Sector Agnostic |
Golub Capital is a private investment firm focused on making debt and equity investments in US based middle-market companies. Golub looks to invest between $5 and $75 million in businesses with established operating cash flow, strong customer relationships, and 'sustainable proprietary positions in their markets'. Prospective investment structures include refinancings, recapitalizations, buyouts, and growth financings. Sectors of interest include consumer products, business and consumer services, defense, manufacturing, value-added distribution, media, healthcare services and restaurants. Golub Capital was formed in 1994 and maintains offices in New York City, Atlanta, and Chicago.
DEAL STATS | # |
---|---|
Overall | 64 of 67 |
Sector (Construction) | 1 of 1 |
Type (Recapitalization) | 10 of 10 |
State (Virginia) | 3 of 3 |
Country (United States) | 62 of 65 |
Year (2021) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-01-12 |
Statlab Medical Products
McKinney, Texas, United States Statlab Medical Products is a developer and manufacturer of cost-effective histology, cytology, and immunohistochemistry diagnostic supplies. StatLab offers 1,750 of the most commonly purchased diagnostic supplies used by independent and hospital-based anatomic pathology laboratories. Statlab Medical Products was founded in 1976 and is based in McKinney, Texas. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-01-25 |
Pet Supplies Plus
Livonia, Michigan, United States Pet Supplies Plus is a pet specialty retailer in the United States by total system sales, providing a wide variety of pet food, treats, hard goods and services for dogs, cats, and small animals. Pet Supplies Plus was founded in 1988 and is based in Livonia, Michigan. |
Sell | $700M |
Category | Asset Manager |
---|---|
Founded | 1972 |
PE ASSETS | 26.0B USD |
Size | Mega |
Type | Sector Agnostic |
Adams Street Partners is a diversified, global investment firm that targets direct, fund of funds, and secondary investments. Adams' direct investing group covers co-investments in buyout transactions, as well as growth equity and venture capital commitments. The direct buyout and growth equity team looks to commit $5 to $30 million per transaction. For venture related investments, commitments of $5 to $20 million are provided to companies in the technology, life sciences and technology enabled services sectors. Typically, target companies have received prior financing from early stage venture firms and are seeking additional capital to fund product development and commercialization. Adams Street Partners was formed in 1972 and is based in Chicago, Illinois.
DEAL STATS | # |
---|---|
Overall | 134 of 147 |
Sector (Construction) | 1 of 1 |
Type (Recapitalization) | 4 of 4 |
State (Virginia) | 5 of 6 |
Country (United States) | 122 of 135 |
Year (2021) | 1 of 12 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-12-08 |
Cybera
Franklin, Tennessee, United States Cybera is a provider of security as a service virtual application networks to enterprises. Cybera solves the networking and security needs of highly distributed enterprises. Cybera was founded in 2001 and is based in Franklin, Tennessee. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-02-11 |
ClassDojo
San Francisco, California, United States ClassDojo is a school communication platform that teachers, students, and families use every day to build close-knit communities by sharing what’s being learned in the classroom home through photos, videos, and messages. ClassDojo was founded in 2011 and is based in San Francisco, California. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 2009 |
Size | Small |
Type | Sector Agnostic |
Succession Capital Partners is a private equity firm focused on small-cap, family-owned company acquisitions in the Southeast and MidAtlantic regions of the US. The Firm does not have any sector preferences and targets transactions valued from $3 to $30 million. Succession Capital Partners was formed in 2009 and is headquartered in Norfolk, Virginia.
DEAL STATS | # |
---|---|
Overall | 3 of 3 |
Sector (Construction) | 1 of 1 |
Type (Recapitalization) | 1 of 1 |
State (Virginia) | 3 of 3 |
Country (United States) | 3 of 3 |
Year (2021) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-01-20 |
Shipyard Staffing
Norfolk, Virginia, United States Shipyard Staffing is an expertized in helping companies connect with the right taken national skilled tradesman for the ship repair and ship construction industry. Shipyard Staffing is based in Norfolk, Virginia. |
Sell | - |