M&A Deal Summary |
|
|---|---|
| Date | 2021-04-01 |
| Target | Aftermarket Performance Group |
| Sector | Distribution |
| Buyer(s) |
Ripple Industries
Salem Halifax Capital Partners |
| Sellers(s) | Heartwood Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Jefferies (Financial) Finn Dixon & Herling LLP King & Spalding LLP (Legal) |
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Ripple Industries is a private equity firm that invests in a variety of industries and situations in the US. Ripple Industries is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Distribution) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 2 |
| State (Utah) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-20 |
Schumacher
Fort Worth, Illinois, United States Schumacher is a provider of power conversion products to the consumer and professional global power supply markets. Schumacher’s products are available through a broad global sales channel from more than 30,000 distribution points, including major big-box retailers, specialty aftermarket outlets, and online e-commerce platforms. Schumacher Electric was founded in 1947 and is based in Fort Worth, Illinois. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 105M USD |
| Size | Small |
| Type | Sector Agnostic |
Salem Halifax Capital Partners is a mezzanine investment firm that targets investments in traditional manufacturing, distribution, and service businesses located in the Southeast US. Salem looks to commit $2 to $10 million of junior capital in companies with predictable cash-flows and sales of $10 to $75 million. Salem Halifax was originally formed in 1999 and was known as Venture Capital Solutions from 1999 to 2004. Salem has offices in Winston-Salem, North Carolina, and Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 18 |
| Sector (Distribution) | 4 of 4 |
| Type (Secondary Buyout) | 4 of 4 |
| State (Utah) | 2 of 2 |
| Country (United States) | 18 of 18 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-30 |
K2 Industrial Services
Houston, Texas, United States K2 Industrial Services is a provider of industrial coatings, insulation, fireproofing, industrial cleaning, scaffolding, roofing, refractory, and metal building erection services. K2 Industrial Services, Inc. was founded in 1995 and is based in Houston, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-27 |
Marianna
Omaha, Nebraska, United States Founded in 1968, Marianna is a full-service custom manufacturer, formulator, and distributor of client-tailored hair care, hand and body products, styling aids and fixatives, hair color and dispensary products, and pet grooming products. Marianna operates a 400,000 square foot FDA-registered and cGMP-compliant facility, offering a comprehensive suite of capabilities, including research and development, packaging compatibility, preservative efficacy, and micro testing, regulatory expertise, global sourcing competency, customized kitting, and multiple distribution options. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 1.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Heartwood Partners is a private equity firm focused on partnerships with middle-market companies across the US. The Firm prefers to invest in family owned and managed companies where it can leverage strategic resources for long-term growth. Target companies are typically profitable with $5 to $30 million of EBITDA with up to $400 million in revenue. Sectors of interest include agriculture, automotive, consumer products, distribution, food, industrial services, niche manufacturing, packaging, and chemicals. Heartwood Partners was formed in 1982 and is headquartered in Norwalk, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 20 |
| Sector (Distribution) | 2 of 2 |
| Type (Secondary Buyout) | 6 of 9 |
| State (Utah) | 1 of 1 |
| Country (United States) | 16 of 20 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-28 |
MicroCare
New Britain, Connecticut, United States MicroCare Developes and manufactures cleaning fluids and relating packaging and dispensing solutions for the electronics, fiber optics, medical and precision cleaning markets. MicroCare was founded in 1983 and is based in New Britain, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-11 |
Allentown
Allentown, New Jersey, United States Allentown is a provider of critical solutions to the biomedical research community. Allentown's high-quality equipment and advanced vivarium systems continue to define and exceed industry standards. Allentown was founded in 1968 and is based in Allentown, New Jersey. |
Sell | - |
