Bayside Capital Mergers and Acquisitions Summary

Private Equity Profile

Bayside Capital’s most common sectors for investment are business services (22%) and aerospace (8%). The Firm’s most common investment types include secondary buyout (29%) and buyout (lbo, mbo, mbi) (22%). In total, Bayside Capital has invested in 7 US states and 5 different countries. Its largest (disclosed) acquisition occurred in 2008 when it acquired AirNet Systems for $29M.

In the last 3 years, Bayside Capital has exited 1 company. The Firm’s most common exit type is trade sale (63%). Bayside Capital’s largest (disclosed) exit occurred in 2012 when it sold Environmental Filtration Technologies for $29M.

Join Mergr to view Bayside Capital’s full profile and discover more mega-sized private equity firms just like it.

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity14
    • M&A Sell Activity8
  • Total Sectors Invested 12
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 12
  • M&A Advisors 2

Bayside Capital, Inc.

1450 Brickell Avenue, 31st Floor,
Miami, Florida 33131
United States
(305) 379-8686
www.bayside.com
bayside@bayside.com

Bayside Capital is the credit affiliate of mega-sized private equity firm, HIG Capital. The Firm is split into three groups, Bayside Credit Partners, Bayside Fixed Income, and Bayside Special Situations. Within its operating segments, the Firm provides a variety of equity and debt financing solutions to a variety of private and public companies. Bayside typically targets businesses with revenues in excess of $50 million and will invest $10 to $100 million per transaction. Bayside will invest in companies across a broad spectrum of industries, including business services, manufacturing, healthcare, retail, food/agriculture, and specialty finance. The Firm will not invest in start-up enterprises, real estate ventures, or project finance. Although Bayside seeks to purchase a controlling interest in its portfolio companies, the firm will consider promising minority investments. Bayside prefers companies with substantial operations in the United States and Canada, but will consider opportunities in Europe. Bayside Capital has offices in Miami, Atlanta, Boston, and San Francisco.


Investment Criteria

Sectors of Interest: Aerospace, Business Services, Communications, Consumer Products, Distribution, Financial Services, Food, Furniture, Machinery, Manufacturing, Marketing, Plastics, Retail, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Growth Capital, Recapitalization, Special Situations/Distressed

Geographic Preferences: East US, Midwest US, South US, West US, Canada, Western Europe, Eastern Europe

Transaction Criteria Min Max
Target Revenue 50 -
Target EBITDA - -
Investment Size 10 100
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.0/yr) # 14 - - - - - 14
vol $29M $29M
Sell (0.8/yr) # 4 1 2 1 - - 8
vol $29M $29M
  22

Most Recent M&A

Company Date Value Type
Jackson Hewitt Tax Service, Inc. 2018-05-31 - Secondary Buyout
Parsippany, New Jersey · www.jacksonhewitt.com
BodyBell 2017-03-16 - Add-on Acquisition
Madrid, Spain · www.bodybell.com
Ready Pac Foods, Inc. 2017-02-23 - Add-on Acquisition
Irwindale, California · www.readypac.com
Consolis Service Co SA NV 2016-12-23 - Secondary Buyout
Brussels, Belgium · www.consolis.com
Pendum LLC 2015-02-02 - Add-on Acquisition
Elmhurst, Illinois · www.pendum.com
Smallsteps B.V. 2014-07-09 - Bankruptcy
Amersfoort, Netherlands · www.smallsteps.info
Project Bull 2013-08-07 - Buyout (LBO, MBO, MBI)
, Spain
Smallsteps B.V. 2013-02-08 - Recapitalization
Amersfoort, Netherlands · www.smallsteps.info
Environmental Filtration Technologies LLC 2012-09-11 29M SEK Add-on Acquisition
Charlotte, North Carolina · www.beaconindustrial.com
Alexander Gallo Holdings LLC 2011-12-06 - Special Situations/Distressed
Atlanta, Georgia · www.alexandergalloholdings.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Business Services 1 (17%) - 3 (21%) -
Aerospace 1 (17%) 29M (100%) 1 (7%) 29M (100%)
Building Materials - - 1 (7%) -
Consumer Services - - 1 (7%) -
Food - - 1 (7%) -
Furniture 1 (17%) - 1 (7%) -
Information Technology - - 1 (7%) -
Machinery - - 1 (7%) -
Manufacturing 1 (17%) - 1 (7%) -
Marketing 1 (17%) - 1 (7%) -
Real Estate 1 (17%) - 1 (7%) -
Retail - - 1 (7%) -
Total 6 $29M 14 $29M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 3 (50%) 29M (100%) 8 (57%) 29M (100%)
  New Jersey 1 (17%) - 2 (14%) -
  Ohio 1 (17%) 29M (100%) 1 (7%) 29M (100%)
  Georgia 1 (17%) - 1 (7%) -
  North Carolina - - 1 (7%) -
  Illinois - - 1 (7%) -
  Florida - - 1 (7%) -
  California - - 1 (7%) -
United Kingdom 2 (33%) - 2 (14%) -
Spain 1 (17%) - 2 (14%) -
Belgium - - 1 (7%) -
Netherlands - - 1 (7%) -
Domestic 3 (50%) 29M (100%) 8 (57%) 29M (100%)
Cross-border 3 (50%) - 6 (43%) -
Total 6 $29M 14 $29M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout 1 (17%) - 4 (29%) -
Buyout (LBO, MBO, MBI) 2 (33%) 29M (100%) 3 (21%) 29M (100%)
Special Situations/Distressed 3 (50%) - 3 (21%) -
Growth Capital - - 2 (14%) -
Divestiture - - 1 (7%) -
Recapitalization - - 1 (7%) -
Total 6 $29M 14 $29M

Exits by Deal Type

Type Total # Value
Trade Sale 4 (50%) 29M (100%)
Secondary Sale 2 (25%) -
Bankruptcy 1 (13%) -
Trade Sale - Public Company 1 (13%) -
Total 8 $29M

Top M&A Advisors

Financial Deals
Jefferies LLC
1
Legal Deals
McDermott Will & Emery LLP
1

Deal Values

buy # Total
< $100M 1 $29M
TOTAL $29M
Largest AirNet Systems, Inc.
$29M (2008-06-10)
sell # Total
< $100M 1 $29M
TOTAL $29M
Largest Environmental Filtration Technologies LLC
$29M (2012-09-11)

M&A Connections

Deals %
Acquired from
PE Firm(s)
86%
6 86%
Strategic(s)
14%
1 14%
Exited to
PE Firm(s)
29%
2 29%
Strategic(s)
71%
5 71%

 Subscribe to unlock this and 151,843
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 3.9K Private Equity Firms
  • 139K M&A Transactions
  • 148K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 41K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.