M&A Deal Summary |
|
|---|---|
| Date | 2009-03-05 |
| Target | Gevity HR |
| Sector | Business Services |
| Buyer(s) | TriNet Group |
| Sellers(s) |
Adams Street Partners
Frontenac Harvey & Company |
| Deal Type | Add-on Acquisition |
| Deal Value | 98M USD |
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| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Staffing |
| Employees | 2,800 |
| Revenue | 4.5B USD (2021) |
TriNet Group is a provider of a comprehensive human resources solution for small to midsize businesses. TriNet Group was founded in 1988 and is based in Dublin, California.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 12 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 5 of 12 |
| State (Florida) | 1 of 1 |
| Country (United States) | 5 of 12 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-16 |
LMC Resources
Denver, Colorado, United States LMC Resources, Inc. is a Professional Employer Organization. LMC Resources provides human resources outsourcing services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-04-26 |
Accord Human Resources
Oklahoma City, Oklahoma, United States Accord Human Resources is a leading provider of outsourced human resource management solutions, also known as a Professional Employer Organization or PEO. Known for its high-level of customer service, Accord serves more than 500 clients in 44 states, and is among the largest privately-held PEOs in the United States. Since the Company's inception in 1992, Accord has been listed four times in Inc. 500 as one of America's fastest growing companies. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1972 |
| PE ASSETS | 26.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Adams Street Partners is a diversified, global investment firm that targets direct, fund of funds, and secondary investments. Adams' direct investing group covers co-investments in buyout transactions, as well as growth equity and venture capital commitments. The direct buyout and growth equity team looks to commit $5 to $30 million per transaction. For venture related investments, commitments of $5 to $20 million are provided to companies in the technology, life sciences and technology enabled services sectors. Typically, target companies have received prior financing from early stage venture firms and are seeking additional capital to fund product development and commercialization. Adams Street Partners was formed in 1972 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 95 |
| Sector (Business Services) | 2 of 4 |
| Type (Add-on Acquisition) | 10 of 51 |
| State (Florida) | 1 of 2 |
| Country (United States) | 21 of 87 |
| Year (2009) | 1 of 4 |
| Size (of disclosed) | 15 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-03-01 |
Neuraltus Pharmaceuticals
Palo Alto,, California, United States Neuraltus Pharmaceuticals is a developer of therapeutics designed to provide treatment of neurodegenerative diseases. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-05-14 |
Luminary Micro
Austin, Texas, United States Luminary Micro, Inc. is a provider in bringing 32-bit capabilities and the full benefits of ARM® Cortex-M3™-based microcontrollers to the broadest reach of the microcontroller market. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1971 |
| PE ASSETS | 2.1B USD |
| Size | Large |
| Type | Sector Agnostic |
Frontenac is a Midwest US-based private equity firm that seek profitable, lower middle-market company investments with $5 to $25 million of EBITDA. Frontenac typically partners with management when pursuing acquisitions, including companies managed by owner-operators. Sectors of interest include financial services, healthcare services, education/HR services, manufacturing, publishing/media, and technology services. Frontenac was formed in 1971 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 59 |
| Sector (Business Services) | 5 of 9 |
| Type (Add-on Acquisition) | 5 of 22 |
| State (Florida) | 3 of 3 |
| Country (United States) | 25 of 57 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 11 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-14 |
SIGMA International Group
Cream Ridge, New Jersey, United States SIGMA International Group, Inc. is an importer and master distributor of ductile iron and cast iron fittings, restraints, municipal castings and other related products used as a part of the delivery infrastructure in the water and wastewater industry. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-03-03 |
Diversified Maintenance Systems
Salt Lake City, Utah, United States Diversified Maintenance Systems is a national provider of outsourced janitorial and facilities maintenance services to major retailers, logistics firms and grocery stores. |
Buy | - |
Harvey & Company is a principal investment and advisory group. The Firm works with companies and private equity firms on acquisition searches as well as makes investments of its own. Harvey & Company was established in 1998 and is headquartered in Newport Beach, California.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 34 |
| Sector (Business Services) | 1 of 2 |
| Type (Add-on Acquisition) | 3 of 18 |
| State (Florida) | 1 of 2 |
| Country (United States) | 5 of 33 |
| Year (2009) | 1 of 2 |
| Size (of disclosed) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-17 |
SWS Environmental Services
Panama City, Florida, United States SWS Environmental Services is a provider of emergency response and environmental cleanup services. SWS provides a broad range of essential services including industrial, hazardous waste management, emergency response, marine, and remediation services to the energy, manufacturing, education, healthcare, chemical, transportation, government, and retail sectors. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-11 |
Solstas Lab Partners
Greensboro, North Carolina, United States Solstas Lab Partners LLC (Fomerly Spectrum Laboratory Network) is a leading regional provider of clinical laboratory and disease screening services. The Company is headquartered in Greensboro, North Carolina, and covers the Southeastern U.S., providing hospital quality testing to over 10,000 physicians, 11 hospitals, nursing homes, home health, clinics, urgent care facilities, and other businesses and industries. |
Sell | $230M |
