Boathouse Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Boathouse Capital has invested in 1 company.

Boathouse Capital’s most common sectors for investment aremarketing (17%) and business services (15%) . The Firm’s most common investment types include growth capital (72%) and secondary buyout (10%). In total, Boathouse Capital has invested in 18 US states. Its largest (disclosed) acquisition occurred in 2012 when it acquired Hoonuit for $19M.

In the last 3 years, Boathouse Capital has exited 4 companies. The Firm’s most common exit type is trade sale (50%). Boathouse Capital’s largest (disclosed) exit occurred in 2021 when it sold Lugano Diamonds & Jewelry for $256M.

Join Mergr to view Boathouse Capital’s full profile and discover more middle-market private equity firm investors just like it.

M&A Summary

  • M&A Total Activity60
    • M&A Buy Activity42
    • M&A Sell Activity18
  • Total Sectors Invested 18
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 26
  • M&A Advisors 5

Boathouse Capital

353 West Lancaster Avenue, Suite 200,
Wayne, Pennsylvania 19087
United States
(610) 688-6314
www.boathousecapital.com
Colin.Raws@boathousecapital.com

Boathouse Capital is a provider of mezzanine and equity capital to lower middle-market companies in a variety of industries. The Firm works in partnership with management teams and private equity firms in funding private equity sponsored buyouts, management buyouts, recapitalizations, refinancings, and growth capital financings. Boathouse can commit up to $20 million per transaction and generally pursues companies with 'exceptional' management, sustainable competitive advantages, growing end markets, 'sticky' business models, and diversified customers. Boathouse seeks companies with at least $10 million in revenues and at least $5 million of EBITDA. Boathouse is based in Wayne, Pennsylvania.


Investment Criteria

Sectors of Interest: Aerospace, Apparel/Textiles, Business Services, Education, Franchising, Healthcare Services, Information Services, Information Technology, Internet Software and Services, Leisure, Marketing, Retail, Software, Staffing

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue 10 -
Target EBITDA 5 -
Investment Size 5 20
Enterprise Value 15 100
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 41 - 1 - - - 42
vol $19M $19M
Sell (1.0/yr) # 13 1 2 1 1 - 18
vol $68M $256M $324M
  60

Most Recent M&A

Company Date Value Type
Network for Good 2023-01-04 - Trade Sale
Washington, District of Columbia · www.networkforgood.com
Unitas Global LLC 2022-04-18 - Secondary Sale
Chicago, Illinois · www.unitasglobal.com
Navint Partners LLC 2021-11-15 - Trade Sale
Henrietta, New York · www.navint.com
Choozle, Inc. 2021-09-14 - Growth Capital
Denver, Colorado · www.choozle.com
Lugano Diamonds & Jewelry, Inc. 2021-09-07 256M USD Secondary Sale
Newport Beach, California · www.luganodiamonds.com
Hoonuit LLC 2020-10-29 - Trade Sale
Minneapolis, Minnesota · www.hoonuit.com
Fresh Dining Concepts LLC 2019-12-04 - Secondary Buyout
Coral Gables, Florida
Network for Good 2019-11-12 - Growth Capital
Washington, District of Columbia · www.networkforgood.com
AnalyticsIQ 2019-08-21 - Growth Capital
Atlanta, Georgia · www.analytics-iq.com
Finch 2019-08-05 - Growth Capital
Salt Lake City, Utah · www.finch.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
MISTI (MIS Training Institute) 2014-04-02 InfoSec World Conference & Expo 2019-02-26 1
Southborough, Massachusetts · www.misti.com Southborough, Massachusetts · www.infosecworld.misti.com

M&A by Sector

Sector Current # Value All-time # Value
Marketing 5 (29%) - 7 (17%) -
Business Services 3 (18%) - 6 (14%) -
Software 2 (12%) - 5 (12%) -
Internet Software and Services - - 4 (10%) 19M (100%)
Information Services 1 (6%) - 4 (10%) -
Information Technology 1 (6%) - 3 (7%) -
Manufacturing - - 2 (5%) -
Aerospace 1 (6%) - 1 (2%) -
Consumer Products - - 1 (2%) -
Distribution - - 1 (2%) -
Education 1 (6%) - 1 (2%) -
Electrical Equipment - - 1 (2%) -
Franchising 1 (6%) - 1 (2%) -
Leisure 1 (6%) - 1 (2%) -
Restaurants - - 1 (2%) -
Safety/Security - - 1 (2%) -
Staffing 1 (6%) - 1 (2%) -
Transportation - - 1 (2%) -
Total 17 - 42 $19M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 17 (100%) - 42 (100%) 19M (100%)
  Florida 1 (6%) - 5 (12%) -
  North Carolina 2 (12%) - 4 (10%) -
  Illinois 2 (12%) - 4 (10%) -
  California 2 (12%) - 4 (10%) -
  New York - - 4 (10%) -
  Pennsylvania 2 (12%) - 3 (7%) -
  District of Columbia 1 (6%) - 3 (7%) -
  Texas 2 (12%) - 2 (5%) -
  Utah 1 (6%) - 2 (5%) -
  Colorado 1 (6%) - 2 (5%) -
  Virginia - - 2 (5%) -
  Massachusetts 1 (6%) - 1 (2%) -
  Idaho 1 (6%) - 1 (2%) -
  Georgia 1 (6%) - 1 (2%) -
  Minnesota - - 1 (2%) 19M (100%)
  Kentucky - - 1 (2%) -
  Kansas - - 1 (2%) -
  Connecticut - - 1 (2%) -
Total 17 - 42 $19M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 11 (65%) - 30 (71%) -
Secondary Buyout 2 (12%) - 4 (10%) 19M (100%)
Recapitalization 1 (6%) - 3 (7%) -
Acquisition Financing 2 (12%) - 2 (5%) -
Buyout (LBO, MBO, MBI) - - 2 (5%) -
Divestiture 1 (6%) - 1 (2%) -
Total 17 - 42 $19M

Exits by Deal Type

Type Total # Value
Trade Sale 8 (44%) -
Secondary Sale 5 (28%) 256M (79%)
Recapitalization 2 (11%) 68M (21%)
Trade Sale - Public Company 2 (11%) -
Unknown 1 (6%) -
Total 18 $324M

Top M&A Advisors

Legal Deals
Drinker Biddle & Reath LLP
2
DLA Piper
1
White and Williams
1

Deal Values

buy # Total
< $100M 1 $19M
TOTAL $19M
Largest Hoonuit LLC
$19M (2012-04-11)
sell # Total
$100M to $1B 1 $256M
< $100M 1 $68M
TOTAL $324M
Largest Lugano Diamonds & Jewelry, Inc.
$256M (2021-09-07)

M&A Connections

Deals
Acquired from
Investor(s)
12%
5 (12%)
Strategic(s)
2%
1 (2%)
Exited to
Investor(s)
33%
6 (33%)
Strategic(s)
50%
9 (50%)

FAQ

When was Boathouse Capital founded?

Boathouse Capital was founded in 2008.

What type of investor is Boathouse Capital?

Boathouse Capital is a private equity firm.

Where is Boathouse Capital headquartered?

Boathouse Capital is headquartered in Wayne, Pennsylvania.

How much capital does Boathouse Capital have under management?

Boathouse Capital has 350M USD under management.

 Subscribe to unlock this and 200,407
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
  • 4.5K Private Equity Firms
  • 191K M&A Transactions
  • 196K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.