M&A Deal Summary

Renovus Capital Partners Acquires The Ariel Group

On October 10, 2012, private equity firm Renovus Capital Partners acquired staffing company The Ariel Group

Acquisition Highlights
  • This is Renovus Capital Partners’ 1st transaction in the Staffing sector.
  • This is Renovus Capital Partners’ 2nd transaction in the United States.
  • This is Renovus Capital Partners’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2012-10-10
Target The Ariel Group
Sector Staffing
Buyer(s) Renovus Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Mirus Capital Advisors, Inc. (Financial)
Morse Barnes-Brown & Pendleton (Legal)

Target

The Ariel Group

Waltham, Massachusetts, United States
website
The Ariel Group LLC is a provider of training programs that teach leadership and communications skills to mid- and senior-level executives. Using techniques from the theater, Ariel trains managers on how to connect with their audience, whether it is a key client, a colleague or an employee. The Ariel Group was founded in 1992 and is based in Waltham, Massachusetts.

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Buyer(S) 1

Buyer

Renovus Capital Partners

Wayne, Pennsylvania, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2010
PE ASSETS 180M USD
Size Small
Type Sector Focused
DESCRIPTION

Renovus Capital Partners is a private equity firm focused on investing in small to mid-sized education companies. Specific areas of interest include for-profit colleges and schools, training companies, content providers, and technology and services businesses to education providers. Renovus looks for companies with 'strong growth prospects', proven business models and EBITDA up to $10 million. Renovus was formed in 2010 and is based in Wynnewood, Pennsylvania.

DEAL STATS #
Overall 3 of 36
Sector (Staffing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 15
State (Massachusetts) 1 of 2
Country (United States) 2 of 35
Year (2012) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-11 Hoonuit

Minneapolis, Minnesota, United States

Hoonuit LLC provides educators with the tools needed to make informed, impactful action. Through solutions that provide intuitive analytics and personalized professional development, Hoonuit fuels teacher, staff and student success. Hoonuit LLC was founded in 2000 and is based in Minneapolis, Minnesota.

Buy $19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-03 South College

Knoxville, Tennessee, United States

South College offering a variety of degrees in health, legal, education, and business ranging from the associate to doctoral level, including a Master’s level program in Physician’s Assistant and a Doctoral level Pharmacist program. The school has approximately 1,100 students across two state-of-the-art campuses in Knoxville, Tennessee. South College was founded in 1882 and is based in Knoxville, Tennessee.

Buy -
Mergr

Product

Company

Legal