M&A Deal Summary |
|
|---|---|
| Date | 2024-06-18 |
| Target | Direct Line |
| Sector | Communications |
| Buyer(s) | CBRE |
| Sellers(s) |
Guardian Capital Partners
Patriot Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1906 |
| Sector | Real Estate |
| Employees | 130,000 |
| Revenue | 31.9B USD (2023) |
CBRE is a commercial real estate services and investment firm. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CBRE was incorporated in 1906 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 47 of 47 |
| Sector (Communications) | 1 of 1 |
| Type (Add-on Acquisition) | 41 of 41 |
| State (California) | 5 of 5 |
| Country (United States) | 29 of 29 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-05 |
J&J Worldwide Services
Franklin, Tennessee, United States J&J Worldwide Services (J&J) provides facility services to the United States Federal Government and civilian customers through its Healthcare & Medical Solutions, Mission Support Solutions, and Engineering Solutions business segments. The company has developed a comprehensive portfolio of aseptic cleaning and maintenance services for military hospitals and clinics as well as a wide array of facility management, operational support, and integrated asset management services for Department of Defense (DoD) military bases. J&J Worldwide Services is based in Franklin, Tennessee. |
Buy | $800M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 200M USD |
| Size | Small |
| Type | Sector Agnostic |
Guardian Capital Partners is a smaller private equity firm focused on control investments in family-owned companies and corporate divestitures. Guardian looks for profitable businesses with a 'history of stability' and a 'strong instaleed customer base'. Prospective opportunities are located in the US and typically generate sales of $20 to $150 million. Target sectors include industrial, manufacturing, business services, consumer products, and healthcare/medical devices. Guardian Capital Partners was formed in 2007 and is based in Wayne, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 11 |
| Sector (Communications) | 1 of 1 |
| Type (Add-on Acquisition) | 6 of 7 |
| State (California) | 1 of 1 |
| Country (United States) | 10 of 11 |
| Year (2024) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-15 |
Nwestco
Kalispell, Montana, United States Nwestco is an equipment distributor, installer and maintenance provider to retail fuel stations and car washes in the Pacific Northwest and Rocky Mountain regions. Nwestco provides a one-stop solution for its customers’ equipment and service needs, offering a comprehensive product portfolio and delivering high-quality installation and ongoing maintenance services. Nwestco is based in Kalispell, Montana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-27 |
American Overhead Door & Dock
Levittown, Pennsylvania, United States American Overhead Door & Dock is a commercial door and dock company in the tri-state area, currently serving Pennsylvania, New Jersey, Delaware, New York, and select other geographies. The company offers sales, installation, service, repair, and maintenance for doors, loading dock equipment, and safety and related products for a diverse customer base across commercial, industrial, cold storage, distribution, pharmaceutical, and other end markets. American Overhead Door & Dock was formed in 1989 and is based in Levittown, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Size | Large |
| Type | Sector Agnostic |
Patriot Capital is a private investment firm that provides equity and junior capital to support acquisitions, growth capital financings, management buyouts, and recapitalizations of middle-market companies. The Firm looks to invest $5 to $25 million in businesses generating revenues of $10 to $200 million. Areas of interest include business and consumer services, consumer products, niche manufacturing and distribution, education, e-commerce, application software, transportation, and telecom services. Patriot focuses its investment activity with the Mid-Atlantic, Midwest, and Southern areas of the US. Patriot Capital is based in Baltimore, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 50 |
| Sector (Communications) | 4 of 4 |
| Type (Add-on Acquisition) | 27 of 29 |
| State (California) | 5 of 5 |
| Country (United States) | 48 of 50 |
| Year (2024) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-15 |
Central States Bus Sales
Fenton, Missouri, United States Central States Bus Sales is an authorized dealer of Blue Bird Corporation (“Blue Bird”) school buses in the United States, exclusively serving Missouri, Illinois, Kentucky, Tennessee, Arkansas, and Alabama. CSBS has a longstanding relationship with Blue Bird, a leading school bus manufacturer with gas, diesel, low- and zero-emission school buses fueled by propane and natural gas, and electric-powered (EV) buses in operation today. Central States Bus Sales is based in Fenton, Missouri. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-05 |
Carson Dellosa Education
Greensboro, North Carolina, United States Carson Dellosa Education is a provider of K-8 supplemental education content for parents, teachers, and students with an established portfolio of five market-leading brands known for high-quality, rigorous educational materials. Carson Dellosa Education was founded in 1975 and is based in Greensboro, North Carolina. |
Sell | - |
