Charter Oak Equity Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Charter Oak Equity has acquired 2 companies.

Charter Oak Equity’s most common sectors for investment are manufacturing (15%) and chemicals (12%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (65%) and venture (15%). In total, Charter Oak Equity has invested in 20 US states and 2 different countries.

In the last 3 years, Charter Oak Equity has exited 4 companies. The Firm’s most common exit type is unknown (48%). Charter Oak Equity’s largest (disclosed) exit occurred in 2012 when it sold Milwaukee Gear for $80M.

Join Mergr to view Charter Oak Equity’s full profile and discover more middle-market private equity firms just like it.

M&A Summary

  • M&A Total Activity57
    • M&A Buy Activity34
    • M&A Sell Activity23
  • Total Sectors Invested 17
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 16
  • M&A Advisors 2

Charter Oak Equity

10 Wright Street, Suite 220,
Westport, Connecticut 06880
United States
(203) 221-4752
www.charteroak-equity.com
proughan@charteroak-equity.com

Charter Oak Equity LP is a private equity group focused on control investments in lower middle-market companies valued between $25 and $150 million. The Firm looks for businesses operating large markets with significant room for growth. Target sectors include Packaging, Medical Devices, and Engineering, Metal Processing, Value Added Distribution, Business Services, Chemicals, Niche Industrial, Pharmaceutical-Related, and Specialty Financial Services. Charter Oak generally targets family-owned companies or non-core divisions of larger companies. Charter Oak Private Equity was formed in 1992 and is based in Westport, Connecticut.


Investment Criteria

Sectors of Interest: Business Services, Chemicals, Distribution, Engineering, Financial Services, Life Science, Machinery, Manufacturing, Medical Products, Metals/Mining, Packaging

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

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA 5 20
Investment Size - -
Enterprise Value 25 150
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.6/yr) # 31 1 - 1 1 - 34
Sell (0.8/yr) # 19 - 2 2 - - 23
vol $128M $128M
  57

Most Recent M&A

Company Date Value Type
Chemical Resources Holdings, Inc. 2019-01-30 - Recapitalization
Princeton, New Jersey · www.chemres.com
Licaplast Industries Emballages, Inc. 2018-10-25 - Recapitalization
Saint-Laurent, Quebec · www.licaplast.com
ShelterLogic Corp. 2018-06-22 - Secondary Buyout
Watertown, Connecticut · www.shelterlogic.com
EiKO Global LLC 2018-06-13 - Secondary Buyout
Shawnee, Kansas · www.eiko.com
Brook & Whittle Ltd. 2017-10-18 - Secondary Buyout
North Brandford, Connecticut · www.brookandwhittle.com
The Crown Group, Inc. 2017-07-20 - Add-on Acquisition
Warren, Michigan · www.thecrowngrp.com
SmartcareOS LLC 2016-01-01 - Growth Capital
Las Vegas, Nevada · www.smartcare.com
AxioMed Spine Corp. 2015-03-24 - Add-on Acquisition
Garfield Heights, Ohio · www.axiomed.com
Seaboard Folding Box Co. Inc. 2014-08-13 - Buyout (LBO, MBO, MBI)
Westminster, Massachusetts · www.seaboardbox.com
EiKO Global LLC 2013-11-07 - Growth Capital
Shawnee, Kansas · www.eiko.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Licaplast Industries Emballages, Inc. 2018-10-25 M’Plast, Inc. 2019-09-16 1
Saint-Laurent, Quebec · www.licaplast.com Lachine, Quebec
Seaboard Folding Box Co. Inc. 2014-08-13 Imperial Packaging, Inc. 2017-04-13 1
Westminster, Massachusetts · www.seaboardbox.com Huntingdon Valley, Pennsylvania · www.imperial-packaging.com

M&A by Sector

Sector Current # Value All-time # Value
Manufacturing - - 5 (15%) -
Chemicals 1 (25%) - 4 (12%) -
Healthcare Services - - 3 (9%) -
Medical Products - - 3 (9%) -
Packaging 2 (50%) - 3 (9%) -
Automotive - - 2 (6%) -
Consumer Products - - 2 (6%) -
Machinery - - 2 (6%) -
Metals/Mining - - 2 (6%) -
Aerospace - - 1 (3%) -
Building Materials - - 1 (3%) -
Electrical Equipment - - 1 (3%) -
Electronics - - 1 (3%) -
Financial Services - - 1 (3%) -
Food - - 1 (3%) -
Internet Software and Services 1 (25%) - 1 (3%) -
Software - - 1 (3%) -
Total 4 - 34 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 3 (75%) - 32 (94%) -
  Michigan - - 6 (18%) -
  Ohio - - 4 (12%) -
  Massachusetts 1 (25%) - 2 (6%) -
  Minnesota - - 2 (6%) -
  Connecticut - - 2 (6%) -
  Arkansas - - 2 (6%) -
  New Jersey 1 (25%) - 1 (3%) -
  Nevada 1 (25%) - 1 (3%) -
  Wisconsin - - 1 (3%) -
  Pennsylvania - - 1 (3%) -
  North Carolina - - 1 (3%) -
  New York - - 1 (3%) -
  Nebraska - - 1 (3%) -
  Montana - - 1 (3%) -
  Maine - - 1 (3%) -
  Kansas - - 1 (3%) -
  Indiana - - 1 (3%) -
  Georgia - - 1 (3%) -
  Delaware - - 1 (3%) -
  Alabama - - 1 (3%) -
Canada 1 (25%) - 2 (6%) -
  Quebec 1 (25%) - 1 (3%) -
  Ontario - - 1 (3%) -
Domestic 3 (75%) - 32 (94%) -
Cross-border 1 (25%) - 2 (6%) -
Total 4 - 34 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 1 (25%) - 22 (65%) -
Venture - - 5 (15%) -
Recapitalization 2 (50%) - 3 (9%) -
Growth Capital 1 (25%) - 2 (6%) -
Secondary Buyout - - 2 (6%) -
Total 4 - 34 -

Exits by Deal Type

Type Total # Value
Unknown 11 (48%) -
Trade Sale 3 (13%) 48M (38%)
Secondary Sale 3 (13%) -
Trade Sale - Public Company 2 (9%) 80M (63%)
Merger 2 (9%) -
IPO 1 (4%) -
Recapitalization 1 (4%) -
Total 23 $128M

Top M&A Advisors

Financial Deals
Robert W. Baird & Co., Inc.
1
Legal Deals
Thompson Hine LLP
1

Deal Values

sell # Total
< $100M 2 $128M
TOTAL $128M
Largest Milwaukee Gear Co.
$80M (2012-02-03)

M&A Connections

Deals %
Acquired from
PE Firm(s)
100%
4 100%
Exited to
PE Firm(s)
36%
4 36%
Strategic(s)
64%
7 64%

 Subscribe to unlock this and 155,724
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
  • 4.0K Private Equity Firms
  • 144K M&A Transactions
  • 152K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.