M&A Deal Summary

Apax Acquires SavATree

On August 31, 2021, private equity firm Apax acquired environmental company SavATree from CI Capital Partners

Acquisition Highlights
  • This is Apax’s 3rd transaction in the Environmental sector.
  • This is Apax’s 92nd transaction in the United States.
  • This is Apax’s 15th transaction in New York.

M&A Deal Summary
Date 2021-08-31
Target SavATree
Sector Environmental
Buyer(s) Apax
Sellers(s) CI Capital Partners
Deal Type Secondary Buyout
Advisor(s) Harris Williams & Co. (Financial)
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

SavATree

Bedford Hills, New York, United States
SavATree is a provider of tree care, plant health care, and lawn care services to residential, commercial, and government customers. SavATree was founded in 1984 and is based in Bedford Hills, New York.

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Buyer(S) 1

Buyer

Apax

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 60.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from €1 to €5 billion. Apax Partners was formed in 1981 and is based in London.

DEAL STATS #
Overall 233 of 247
Sector (Environmental) 3 of 3
Type (Secondary Buyout) 56 of 62
State (New York) 15 of 16
Country (United States) 92 of 96
Year (2021) 11 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Revolution Prep

Santa Monica, California, United States

Revolution Prep is an education software and services provider that has helped over a hundred thousand students score higher on the SAT, ACT, and other high-stakes exams, while dramatically improving basic academic skills. Revolution Prep was founded in 2002 and is based in Santa Monica, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Wizeline

San Francisco, California, United States

Wizeline, a global technology services provider, builds high-quality digital products and platforms that accelerate time to market. The company focuses on measurable outcomes, partnering with customers to modernize core technologies, mature data-driven capabilities, and improve user experience. Wizeline's adaptive teams provide the right combination of solutions, capabilities, and methodologies to deliver results, while partnering with customers’ teams to foster innovation through continuous learning. Its diverse culture of innovation, ownership, and community, combined with the Academy, creates an inspiring environment for talent to build long-term careers. Wizeline is headquartered in San Francisco with offices in Guadalajara and Mexico City, Mexico, as well as in Ho Chi Minh City, Vietnam. Wizeline was founded in 2014 and is based in San Francisco, California.

Sell -

Seller(S) 1

SELLER

CI Capital Partners

New York, New York, United States

Investor Investor

Category Private Equity Firm
Founded 1993
Size Large
Type Sector Agnostic
DESCRIPTION

CI Capital Partners is a private equity investment firm specializing in leveraged buyouts of middle-market companies. CI Capital primarily targets investments in North America and looks to invest between $10 and $150 million of equity capital per transaction. The Firm concentrates on acquiring companies in stable industries with consolidation potential. CI has a particular interest in business services, consumer services, distribution, transportation, and healthcare Services. CI Capital Partners was founded in 1993 and is based in New York City.

DEAL STATS #
Overall 22 of 27
Sector (Environmental) 1 of 1
Type (Secondary Buyout) 9 of 14
State (New York) 1 of 1
Country (United States) 19 of 24
Year (2021) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-24 Impact Group

Boise, Idaho, United States

Impact Group is a sales and marketing agency that provides outsourced sales, marketing, and merchandising services to consumer packaged goods manufacturers. Consumer packaged goods manufacturers rely on sales and marketing agencies, such as Impact Group, for sales execution, relationships with retailers, and on-the-ground presence at the retailers. Impact Group helps its clients establish sales budgets and promotional strategies, analyze sales data and trends, and holds retailers accountable for their in-store treatment of products. Impact Group was founded in 1994 and is based in Boise, Idaho.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-20 Summit Companies

Mendota Heights, Minnesota, United States

Summit Companies is a provider of fire and life safety service and installation company. Summit's end-to-end capabilities include inspection, testing and monitoring, service and repair, installation, and consulting services for fire protection, life safety, and security systems. Summit Companies was established in 1999 and is based in Mendota Heights, Minnesota.

Sell -
Mergr

Product

Company

Legal