Platform Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Platform Partners has acquired 1 company. It has also invested in 3 others.

Platform Partners’ most common sectors for investment arebusiness services (23%) and financial services (23%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (45%) and growth capital (34%). In total, Platform Partners has invested in 8 US states.

In the last 3 years, Platform Partners has exited 2 companies. The Firm’s most common exit type is secondary buyout (34%). Platform Partners’ largest (disclosed) exit occurred in 2014 when it sold Santa Barbara Tax Products Group for $320M.

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M&A Summary

  • M&A Total Activity39
    • M&A Buy Activity27
    • M&A Sell Activity12
  • Total Sectors Invested 11
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 14

Platform Partners LLC

1717 West Loop South, Suite 1900,
Houston, Texas 77002
United States
(713) 335-2300
www.platformllc.com
platformpartnersllc@platformllc.com

Platform Partners is a private holding company that makes investments in small to mid-sized companies with a history of 'operating profitability'. The platform looks for growth situations and seeks to invest up to $75 million of equity capital per transaction. Prospective transaction situations include management-led buyouts of private companies, recapitalization of family-owned companies, and growth capital commitments to pursue strategic acquisitions. The Firm will consider both majority and minority positions. Platform Partners was formed in 2006 and is based in Houston, Texas.


Investment Criteria

Sectors of Interest: Aerospace, Business Services, Chemicals, Communications, Construction, Energy Services and Equipment, Financial Services, Information Technology, Infrastructure, Marketing, Media, Staffing

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 10 75
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.6/yr) # 19 4 2 1 1 - 27
Sell (0.4/yr) # 10 - 1 - 1 - 12
vol $320M $320M
  39

Most Recent M&A

Company Date Value Type
The Vortex Co. 2023-09-18 - Secondary Sale
Houston, Texas · www.vortexcompanies.com
Principle Health Systems LLC 2023-01-03 - Growth Capital
Houston, Texas · www.principlehs.com
July Business Services LLC 2022-10-25 - Growth Capital
Waco, Texas · www.julyservices.com
GHR Healthcare 2021-12-13 - Secondary Sale
Plymouth Meeting, Pennsylvania · www.ghrhealthcare.com
South Coast Terminals LLC 2021-12-01 - Buyout (LBO, MBO, MBI)
Houston, Texas · www.scterm.com
ShiftKey LLC 2021-03-01 - Growth Capital
Dallas, Texas · www.shiftkey.com
Exact Payments LLC 2020-11-18 - Growth Capital
Scottsdale, Arizona · www.exactpay.com
NextEdge Networks 2020-09-02 - Buyout (LBO, MBO, MBI)
San Francisco, California · www.nextedgenetworks.com
Process Service Specialists LLC 2020-08-04 - Growth Capital
Gonzales, Louisiana · www.processservicespecialists.com
Alliance Human Capital Management 2020-02-25 - Stake Purchase
The Woodlands, Texas · www.alliancehcm.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
NextEdge Networks 2020-09-02 Source Broadband Services LLC 2021-07-07 2
San Francisco, California · www.nextedgenetworks.com Roswell, Georgia · www.tach1.com

M&A by Sector

Sector Current # Value All-time # Value
Business Services 3 (20%) - 6 (22%) -
Financial Services 2 (13%) - 6 (22%) -
Staffing 2 (13%) - 3 (11%) -
Communications 2 (13%) - 2 (7%) -
Energy Services and Equipment 2 (13%) - 2 (7%) -
Information Technology 1 (7%) - 2 (7%) -
Marketing - - 2 (7%) -
Aerospace - - 1 (4%) -
Chemicals 1 (7%) - 1 (4%) -
Construction 1 (7%) - 1 (4%) -
Healthcare Services 1 (7%) - 1 (4%) -
Total 15 - 27 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 15 (100%) - 27 (100%) -
  Texas 10 (67%) - 20 (74%) -
  Colorado 1 (7%) - 1 (4%) -
  California 1 (7%) - 1 (4%) -
  Arizona 1 (7%) - 1 (4%) -
  North Carolina 1 (7%) - 1 (4%) -
  Louisiana 1 (7%) - 1 (4%) -
  Florida - - 1 (4%) -
  Pennsylvania - - 1 (4%) -
Total 15 - 27 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 6 (40%) - 12 (44%) -
Growth Capital 7 (47%) - 9 (33%) -
Recapitalization 1 (7%) - 3 (11%) -
Divestiture - - 1 (4%) -
Secondary Buyout - - 1 (4%) -
Stake Purchase 1 (7%) - 1 (4%) -
Total 15 - 27 -

Exits by Deal Type

Type Total # Value
Secondary Sale 5 (42%) -
IPO 3 (25%) -
Trade Sale - Public Company 2 (17%) 320M (100%)
Trade Sale 2 (17%) -
Total 12 $320M

Deal Values

sell # Total
$100M to $1B 1 $320M
TOTAL $320M
Largest Santa Barbara Tax Products Group LLC
$320M (2014-09-18)

M&A Connections

Deals
Acquired from
Strategic(s)
4%
1 (4%)
Exited to
Investor(s)
33%
4 (33%)
Strategic(s)
25%
3 (25%)

FAQ

When was Platform Partners LLC founded?

Platform Partners LLC was founded in 2006.

What type of investor is Platform Partners LLC?

Platform Partners LLC is a private equity firm.

Where is Platform Partners LLC headquartered?

Platform Partners LLC is headquartered in Houston, Texas.

How much capital does Platform Partners LLC have under management?

Platform Partners LLC has 800M USD under management.

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