M&A Deal Summary

Kian Capital Partners Acquires The Purple Guys

On January 27, 2020, private equity firm Kian Capital Partners acquired information technology company The Purple Guys

Acquisition Highlights
  • This is Kian Capital Partners’ 3rd transaction in the Information Technology sector.
  • This is Kian Capital Partners’ 21st transaction in the United States.
  • This is Kian Capital Partners’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2020-01-27
Target The Purple Guys
Sector Information Technology
Buyer(s) Kian Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

The Purple Guys

Metairie, Louisiana, United States
website
The Purple Guys is an IT managed service provider with a full suite of services and solutions for small and mid-size businesses. The Purple Guys was founded in 2000 and is based in Metairie, Louisiana.

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Buyer(S) 1

Buyer

Kian Capital Partners

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2011
PE ASSETS 825M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Kian Capital Partners is a private equity firm focused on providing equity and junior capital to support growth, buyouts, shareholder liquidity needs, recapitalizations, divestitures, and refinancings of profitable lower middle-market companies with up to $150 million in revenue. Kian will consider opportunities throughout the US and seeks businesses operating in the business services, distribution, healthcare services, and niche manufacturing sectors. Kian Capital Partners was formed in 2011 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 21 of 27
Sector (Information Technology) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 9 of 10
State (Louisiana) 1 of 1
Country (United States) 21 of 27
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-26 SPATCO

Charlotte, North Carolina, United States

SPATCO is a distributor and service of liquid handling equipment to the petroleum and industrial market. SPATCO was founded in 1953 and is based in Charlotte, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-07 Empire Equipment

Raleigh, North Carolina, United States

Empire Equipment is a wholesale distributor of commercial foodservice equipment and genuine OEM parts into diverse markets, including food service equipment dealers, service organizations, buying groups, and national chain accounts. Empire Equipment was founded in 1985 and is based in Raleigh, North Carolina.

Sell -
Mergr

Product

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