M&A Deal Summary |
|
|---|---|
| Date | 2012-03-01 |
| Target | Persante Health Care |
| Sector | Healthcare Services |
| Buyer(s) |
Northstar Capital
Harren Equity Partners |
| Deal Type | Buyout (LBO, MBO, MBI) |
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| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 1.7B USD |
| Size | Large |
| Type | Sector Agnostic |
Northstar Capital is a mezzanine finance firm that provides junior capital to middle-market companies operating in the value-added distribution, light manufacturing, business services, financial services, education, and specialty healthcare sectors. Northstar's typical investment size is $5 to $30 million in businesses generating sales of $20 to $300 million with an EBITDA of at least $3 million. Prospective companies have stable cash flows and sustainable margins. Investments typically have maturities of five to eight years. Northstar does not invest in start-ups, real estate development, natural resource exploration, or high technology companies. Northstar Capital was formed in 1993 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 108 |
| Sector (Healthcare Services) | 3 of 4 |
| Type (Buyout (LBO, MBO, MBI)) | 23 of 42 |
| State (New Jersey) | 2 of 4 |
| Country (United States) | 41 of 103 |
| Year (2012) | 2 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-24 |
Industrial Magnetics
Boyne City, Michigan, United States Industrial Magnetics is a provider of highly engineered solutions for magnetic separation and material handling, particle processing, and process automation applications. Industrial Magnetics was founded in 1961 and is based in Boyne City, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-05 |
HiRel Systems
Minnetonka, Minnesota, United States HiRel Systems LLC is a designer and manufacturer of specialty electronic components. HiRel Systems designs and manufactures custom magnetic components and power supplies serving the high technology electronics industry. |
Sell | $85M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 450M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Harren Equity Partners LLC is an East Coast US-based private equity firm focused on mid-sized acquisitions, recapitalizations and growth capital financings. Harren is a generalist firm and will consider companies in a broad range of industries, including aerospace/defense, automotive, business services, building materials, energy services, furniture, industrial machinery, medical products, natural resources, healthcare services, restaurants, retail, and recycling. Prospective companies typically have sales of $30 to $300 million, EBITDA of $7 to $30 million, and are located in North America. Harren prefers businesses with defensible markets positions, proven management, and strong growth potential. Harren Equity Partners LLC was formed in 2000 and is based in Charlottesville, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 31 |
| Sector (Healthcare Services) | 2 of 3 |
| Type (Buyout (LBO, MBO, MBI)) | 10 of 10 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 20 of 30 |
| Year (2012) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-19 |
Huskie Tools
Glendale Heights, Illinois, United States Huskie Tools, Inc. is a provider of professional-grade, battery-operated hydraulic hand tools, hoists and related accessories that are used by linemen in the electric utility industry and in broader industrial end markets. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-12 |
Med-Legal
Covina, California, United States Med-Legal provides technology‐enabled record retrieval and review services, primarily serving attorneys, physicians, and insurance carriers in the workers’ compensation and personal injury markets. Med-Legal was founded in 1986 and is based in Covina, California. |
Buy | - |
