M&A Deal Summary

Blackstreet Capital Management Acquires Jackson & Perkins

On August 1, 2010, private equity firm Blackstreet Capital Management acquired agriculture company Jackson & Perkins

Acquisition Highlights
  • This is Blackstreet Capital Management’s 1st transaction in the Agriculture sector.
  • This is Blackstreet Capital Management’s 7th transaction in the United States.
  • This is Blackstreet Capital Management’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2010-08-01
Target Jackson & Perkins
Sector Agriculture
Buyer(s) Blackstreet Capital Management
Deal Type Special Situations/Distressed
Advisor(s) SSG Capital Advisors (Financial)

Target

Jackson & Perkins

Hodges, South Carolina, United States
website
Jackson & Perkins is a direct marketer and wholesaler of rose plants, other horticultural products, and home and garden decor. Jackson & Perkins was founded in 1872 and is based in Hodges, South Carolina.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Blackstreet Capital Management

Chevy Chase, Maryland, United States

website

Category Private Equity Firm
Founded 2003
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Blackstreet Capital is a private equity firm focused on control buyouts of under-performing corporate orphans with $25 to $150 million in revenue. Industries of interest include niche manufacturing, distribution, specialty retail, education and training, healthcare services and devices, and restaurants. Blackstreet invests up to $15 million of equity capital in businesses valued up to $75 million. Blackstreet's average holding period is three to five years. Blackstreet Capital(formerly Milestone Capital Management was founded in 2003 and is based in Bethesda, Maryland.

DEAL STATS #
Overall 22 of 37
Sector (Agriculture) 1 of 1
Type (Special Situations/Distressed) 1 of 4
State (South Carolina) 1 of 2
Country (United States) 7 of 18
Year (2010) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-14 Pennysaver

Hanover, Maryland, United States

Pennysaver, Inc. is a publisher of community-based, advertising supported, direct mail shoppers in the Baltimore-Washington metropolitan area. Pennysaver was founded in 1979 and is based in Hanover, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 Neothermie Group

Paris, France

Neothermie Group is a network of residential boiler maintenance and replacement technicians in France. Neothermie Group is based in Paris, France.

Buy -
Mergr

Product

Company

Legal