M&A Deal Summary

Peninsula Capital Partners Acquires Allivet

On February 1, 2017, mezzanine finance firm Peninsula Capital Partners acquired e-commerce company Allivet

Acquisition Highlights
  • This is Peninsula Capital Partners’ 1st transaction in the E-Commerce sector.
  • This is Peninsula Capital Partners’ 100th transaction in the United States.
  • This is Peninsula Capital Partners’ 1st transaction in Florida.

M&A Deal Summary
Date 2017-02-01
Target Allivet
Sector E-Commerce
Buyer(s) Peninsula Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Allivet

Miami Lakes, Florida, United States
website
Allivet is an online retailer of pet pharma (prescription and non-prescription) and other health products, processing tens of thousands of orders annually in all 50 states and internationally. Allivet was established in 1992 and is based in Miami Lakes, Florida.

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Buyer(S) 1

Buyer

Peninsula Capital Partners

Southfield, Michigan, United States

Investor Investor Investor Investor Investor

website

Category Mezzanine Finance Firm
Founded 1995
PE ASSETS 1.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Peninsula Capital Partners is an investment group focused on providing a range of financing solutions to middle-market companies. The Firm is willing to be a minority or control investor and invests across the capital structure. This includes subordinated debt, preferred or common stock. For mezzanine commitments, Peninsula looks to invest $5 to $40 million. For equity transactions, Peninsula looks to invest $2 to $20 million. Peninsula is a generalist investor. Target sectors include manufacturing, industrial service, distribution, consumer products, professional services, retail, applied technology, transportation, food processing and packaging. Peninsula Capital Partners was formed in 1995 and is based in Detroit, Michigan.

DEAL STATS #
Overall 105 of 128
Sector (E-Commerce) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 55 of 65
State (Florida) 1 of 4
Country (United States) 100 of 121
Year (2017) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Truesdell

Tempe, Arizona, United States

Truesdell is a provider of quality repair, restoration, strengthening, protection, and maintenance of concrete structures. Comprehensive services range from assistance with initial diagnosis to final completion. Truesdell has completed more than 7,000 projects on a wide variety of national and international repair projects ranging from high-rise buildings, nuclear power generating plants, airports, residential projects, water treatment facilities, and a sizeable amount of public agency DOT work. Truesdell was founded in 1975 and is based in Tempe, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-27 Cox Transportation Services

Ashland, Virginia, United States

Cox Transportation Services provides freight hauling and brokerage services to customers in a diversified group of industries across the U.S. Cox Transportation Services specializes in transporting time-sensitive full truckload freight on a local, regional and national basis. Cox also operates a brokerage division that serves carriers and freight customers with logistics optimization services. Cox Transportation Services was founded in 1982 and is based in Ashland, Virginia.

Buy -
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