M&A Deal Summary |
|
|---|---|
| Date | 2021-05-19 |
| Target | Ability Insurance |
| Sector | Insurance |
| Buyer(s) | Mount Logan Capital |
| Sellers(s) | Advantage Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 20M USD |
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| Category | Company |
|---|---|
| Sector | Business Services |
| Employees | 9 |
| Revenue | 54M USD (2022) |
Mount Logan Capital is an alternative asset management company that is focused on public and private debt securities in the North American market. The Company actively sources, evaluates, underwrites, manages, monitors, and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present low risk of principal impairment through the credit cycle. Mount Logan Capital is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Nebraska) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 2.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Advantage Capital Partners is a private equity firm focused on providing growth capital to a variety of companies. The Firm's geographic coverage includes Alabama, Colorado, Florida, Hawaii, Louisiana, Mississippi, Missouri, New York, Texas, Wisconsin and Washington DC. Advantage looks to initially commit $0.5 to $2 million per investment and can provide mezzanine debt in addition to equity capital. Areas of interest include communications, information technology, life science, and energy. Advantage Capital was formed in 1992 and is headquartered in New Orleans, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 92 of 96 |
| Sector (Insurance) | 1 of 1 |
| Type (Add-on Acquisition) | 51 of 54 |
| State (Nebraska) | 1 of 1 |
| Country (United States) | 92 of 96 |
| Year (2021) | 3 of 3 |
| Size (of disclosed) | 10 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-01 |
Cecil D
Alexandria, Louisiana, United States Cecil D is a operated General Contractor specializing in the construction of Federal and State projects throughout the southeast. Cecil D is based in Alexandria, Louisiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-13 |
Natural Fiber Welding
Peoria, Illinois, United States Natural Fiber Welding is a disruptive material science company that creates sustainable, high-performing materials and textiles that are 100% free of plastic and petrochemicals. Natural Fiber Welding has two existing patented product lines in production: MIRUM®, a leather alternative, and CLARUS®, high-performance textile technologies with applications replacing synthetic fibers. Natural Fiber Welding was founded in 2015 and is based in Peoria, Illinois. |
Buy | - |
