M&A Deal Summary |
|
|---|---|
| Date | 2016-12-19 |
| Target | Addison Group |
| Sector | Staffing |
| Buyer(s) | Odyssey Investment Partners |
| Sellers(s) |
Trilantic North America
Lake Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair (Financial) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 8.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Odyssey Investments is a private equity firm that seeks control/majority investments in middle-market companies. Odyssey looks to back existing management and make investments in the form of leveraged acquisitions, growth financings and recapitalizations. Sectors of interest include industrial manufacturing, business and financial services, aerospace products and services, and 'route-based services'. Odyssey Investment Partners is based in New York City with an additional office in Woodland Hills, California.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 52 |
| Sector (Staffing) | 1 of 1 |
| Type (Secondary Buyout) | 14 of 23 |
| State (Illinois) | 4 of 5 |
| Country (United States) | 36 of 49 |
| Year (2016) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-03 |
Testek Solutions
Wixom, Michigan, United States Testek Solutions designs, manufactures and supports highly reliable aerospace and defense test equipment and testing facilities for OEMs, MROs, and operators. Testek Solutions was founded in 1969 and is based in Wixom, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-16 |
Peninsula Packaging
Exeter, California, United States Peninsula Packaging Co. is a provider of custom thermoformed plastic packaging products targeting higher growth segments of the fresh produce and bakery markets. Peninsula Packaging has a fully integrated operating platform, which includes extrusion, thermoforming and labeling at its two production facilities located in Exeter, California and Wilson, North Carolina. |
Sell | $230M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| PE ASSETS | 9.6B USD |
| Size | Mega |
| Type | Sector Agnostic |
Trilantic North America is a mega-sized private equity firm focused on opportunities throughout North America. Trilantic generally invests in large businesses with 'strong market positions, unique franchises, secure and growing market niches or distinctive products and services that command premium prices'. Sectors of interest include business services, consumer, energy, and financial services. The Firm's target investment size is $50 to $300 million in companies valued up to $1 billion. Transaction situations of interest include management buyouts, recapitalizations, growth capital financings, divestitures, new platforms, and generational transfers. Trilantic North America was formed in 2009 through the spin-off of Lehman Brothers' private equity business. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 22 |
| Sector (Staffing) | 1 of 1 |
| Type (Secondary Buyout) | 5 of 6 |
| State (Illinois) | 2 of 2 |
| Country (United States) | 13 of 21 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-03 |
Teton Waters Ranch
Denver, Colorado, United States Teton Waters Ranch produces a line of sausages, frankfurters, and chili. All products are made with 100% grass-fed beef. Teton Waters Ranch is based in Denver, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-09 |
United Subcontractors
St. Paul, Minnesota, United States United Subcontractors, Inc. is an independent insulation subcontractor in the U.S. and one of the major shell contractors in Florida. USI has become a major building solutions provider in the United States by combining local market savvy with outstanding employees, superior technology, and the infrastructure of a national network. USI provides the nation’s residential and commercial contractors with a wide range of construction services. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Lake Capital is a private equity firm that targets a limited number of middle-market, service-based companies. The firm typically allocates $50 to $75 million equity to each portfolio company initiative. However, with seller financing, third-party debt, and co-investment opportunities, significant capital (in addition to the initial equity allocation) is available to each initiative. The service-based businesses the firm pursues include marketing services, finance-related services, specialty services, healthcare services, consumer services, technology services, business process outsourcing services, and marketing services. The firm is typically interested in buyout, partnership and start-up opportunities. Lake Capital was formed in 1998 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 24 |
| Sector (Staffing) | 1 of 1 |
| Type (Secondary Buyout) | 8 of 9 |
| State (Illinois) | 4 of 4 |
| Country (United States) | 22 of 23 |
| Year (2016) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-14 |
Empower Software Solutions
Orlando, Florida, United States Empower Software, headquartered in Orlando, Fla. and founded in 2007, offers time and attendance, scheduling, payroll, HR management, and tax filing software applications and services that help organizations effectively manage their workforces and enhance employee engagement. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-12 |
Whitney Bradley & Brown
Reston, Virginia, United States Whitney, Bradley & Brown is a provider of management consulting services to U.S. federal agencies, including the Department of Defense, Department of Homeland Security, Veterans Health Administration, Department of Justice, Office of Personnel Management and a number of government-related contractors in the private sector. WBB offers a full-suite of management consulting services, including CONOPs, requirements, organizational development, acquisition, technical, program management and financial management consulting services. Whitney, Bradley & Brown was formed in 1981 and is based in Reston, Virginia. |
Sell | - |
