M&A Deal Summary |
|
|---|---|
| Date | 2016-01-06 |
| Target | CoolSys |
| Sector | Business Services |
| Buyer(s) | Audax Private Equity |
| Sellers(s) |
Arsenal Capital Partners
Audax Private Debt |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair (Financial) DLA Piper (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 19.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Private Equity is a private equity firm focused on acquiring control positions in a variety of mid to large North American headquartered companies. The Firm segments its activities into lower middle-market and larger scale investing. Within its larger group, Audax targets profitable businesses valued up to $800 million and within its lower middle-market group, the Firm seeks companies valued up to $125 million. Sectors of interest include business services, consumer products/services, financial services, healthcare services, industrial services, software, and technology. Audax has a special interest in businesses that can benefit from a buy and build investment strategy for growth. Audax Private Equity was formed in 1999 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 89 of 170 |
| Sector: Business Services M&A | 3 of 11 |
| Type: Secondary Buyout M&A Deals | 37 of 73 |
| State: California M&A | 5 of 14 |
| Country: United States M&A | 87 of 161 |
| Year: 2016 M&A | 2 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-01 |
Imperial Dade
Jersey City, New Jersey, United States Imperial Dade is an independent distributor of consumable paper and plastic packaging and supplies sold primarily to the restaurant and retail industries in the New York Tri-State area. Imperial Dade sells foodservice products, healthcare supplies, bags and liners, chemicals, janitorial goods, and safety supplies. Imperial Dade was founded in 1932 and is based in Jersey City, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-13 |
Lifemark
Toronto, Ontario, Canada Lifemark is a provider of physiotherapy and rehabilitation treatment to patients in over 100 clinics as well as long-term care centers, retirement homes, and communities across Canada. Lifemark was founded in 1998 and is based in Toronto, Ontario. |
Buy | CA$250M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Arsenal Capital Partners is a private equity firm focused on middle-market healthcare, specialty industrial, and financial service companies. Specifically, Arsenal looks to acquire businesses in the areas of specialty chemicals, aerospace/defense, transportation, environmental services, business services, insurance, asset management, financial technology, medical products, healthcare IT, and healthcare contract research/manufacturing. The Firm typically seeks to commit $50 to $300 million per investment in profitable businesses with at least $10 million of EBITDA. Funds are generally used to support buyouts, recapitalizations, growth financings, consolidations, and divestitures. The Firm avoids investing in companies reliant on high levels of technology. Arsenal Capital Partners was formed in 2000 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 36 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 6 of 17 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 15 of 33 |
| Year: 2016 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-05 |
BioIVT
Hicksville, New York, United States BioIVT is a provider of biological products to life sciences and pharmaceutical companies. BioIVT specializes in control and disease state matrices manufactured from human and animal blood, plasma, serum, tissues, and other fluids which are used in drug discovery, compound development, clinical and research diagnostics. BioIVT was founded in 1981 and is based in Hicksville, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-18 |
Elite Comfort Solutions
Newnan, Georgia, United States Elite Comfort Solutions, Inc. is a provider of specialty foam. Elite Comfort Solutions has a national network of 16 facilities throughout the U.S. Elite Comfort Solution is based in Newnan, Georgia. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 53 |
| Sector: Business Services M&A | 6 of 6 |
| Type: Secondary Buyout M&A Deals | 15 of 25 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 36 of 53 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-31 |
Chesapeake IRB
Columbia, Maryland, United States Chesapeake Research Review, Inc. is a provider of independent IRB services for pharmaceutical companies, universities, individual researchers, academic medical centers, and community hospitals. Chesapeake Research Review was formed in 1993 and is based in Columbia, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-20 |
Century Snacks
Commerce, California, United States Century Snacks is a manufacturer and distributor of nuts, trail mixes, dried fruits, and similar snacks specializing in Roasting, Seasoning, Blending, and Packaging. Century Snacks was founded in 1999 and is based in Commerce, California. |
Buy | - |
