M&A Deal Summary

Benford Capital Partners Acquires R.M. Young

On April 3, 2024, private equity firm Benford Capital Partners acquired test/measurement equipment company R.M. Young

Acquisition Highlights
  • This is Benford Capital Partners’ 3rd transaction in the Test/Measurement Equipment sector.
  • This is Benford Capital Partners’ 21st transaction in the United States.
  • This is Benford Capital Partners’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2024-04-03
Target R.M. Young
Sector Test/Measurement Equipment
Buyer(s) Benford Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

R.M. Young

Traverse City, Michigan, United States
website
R.M. Young is a manufacturer of precision meteorological instrumentation offering a portfolio of products used to measure wind speed and direction, temperature, humidity, precipitation, pressure, visibility, and other critical environmental parameters. The Company sells its products to a diverse set of customers in the U.S. and internationally. R.M. Young was formed in 1964 and is based in Traverse City, Michigan.

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Buyer(S) 1

Buyer

Benford Capital Partners

Chicago, Illinois, United States

Investor Investor Investor

website


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Benford Capital Partners is a private equity investment firm focused on leveraged buyouts and recapitalizations of smaller, lower middle-market companies in the US and Canada. Benford targets niche manufacturers, unique service companies and specialty distributors with minimum sales of $3 million, and at least $1 million in EBITDA. Avoided industries/transactions include retail, restaurants, software, start-ups, real estate, commodity products, and biotech. Benford Capital Partners was formed in 2004 and is based in Chicago, Illinois.


DEAL STATS #
Overall 22 of 22
Sector (Test/Measurement Equipment) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 9 of 9
State (Michigan) 2 of 2
Country (United States) 21 of 21
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 Alpha Safety

Golden, Colorado, United States

Alpha Safety is a global provider of highly engineered, technical products and services focused on radiation protection and safety in mission-critical operating environments. It offers a diversified suite of capabilities, including ventilation and containment, engineered containers, field services and maintenance, advanced transportation containers, specialty filters, and radiometric instrumentation. Alpha Safety was formed in 1986 and is based in Golden, Colorado.

Sell $107M