M&A Deal Summary

Palm Beach Capital Acquires Westwood

On May 25, 2021, private equity firm Palm Beach Capital acquired engineering company Westwood

Acquisition Highlights
  • This is Palm Beach Capital’s 3rd transaction in the Engineering sector.
  • This is Palm Beach Capital’s 38th transaction in the United States.
  • This is Palm Beach Capital’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2021-05-25
Target Westwood
Sector Engineering
Buyer(s) Palm Beach Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Westwood

Minneapolis, Minnesota, United States
website
Westwood is a multi-disciplined survey and engineering firm providing services to support commercial and residential development, wind and solar energy, power delivery, and oil and gas projects nationwide. Westwood was founded in 1972 and is based in Minneapolis, Minnesota.

Search 192,860 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Palm Beach Capital

West Palm Beach, Florida, United States

Investor

website

Category Private Equity Firm
Founded 2001
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Palm Beach Capital (PBC) is a generalist private equity firm that specializes in making investments in smaller private companies with at least $5 million in EBITDA. PBC prefers low technology business with high revenue growth rates. Target companies are typically valued between $20 to $300 million. PBC looks to commit $5 to $50 million per investment. Palm Beach Capital was formed in 2001 and is headquartered in Palm Beach, Florida.

DEAL STATS #
Overall 38 of 42
Sector (Engineering) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 13 of 14
State (Minnesota) 1 of 1
Country (United States) 38 of 42
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Growve

Petersburg, Florida, United States

Growve is specializing in acquiring and operating natural brands in the supplement, body care, food, household and pet categories. Growve was founded in 2006 and is based in Petersburg, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-14 Lyneer

Ewing Township, New Jersey, United States

Lyneer is a staffing company specializes in the placement of temporary, temp-to-perm, and permanent labor within various industries. Lyneer is based in Ewing Township, New Jersey.

Sell -
Mergr

Product

Company

Legal