M&A Deal Summary

CHB Capital Partners Acquires Newline Products

On August 10, 2008, private equity firm CHB Capital Partners acquired manufacturer Newline Products for 7M USD

Acquisition Highlights
  • This is CHB Capital Partners’ 1st transaction in the Manufacturing sector.
  • This is CHB Capital Partners’ largest (disclosed) transaction.
  • This is CHB Capital Partners’ 7th transaction in the United States.
  • This is CHB Capital Partners’ 1st transaction in Texas.

M&A Deal Summary

Date 2008-08-10
Target Newline Products
Sector Manufacturing
Buyer(s) CHB Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 7M USD

Target

Newline Products

Plano, Texas, United States
website
Newline Products, Inc. manufactures high quality visual display products (markerboards, tackboards and chalk boards) and is a distributor for numerous other product lines used in the education construction market. Newline Products, sells its products to contractors and builders of education facilities and other institutions. Newline operates in over thirty states in the U.S.

Search 192,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CHB Capital Partners

Denver, Colorado, United States

Investor Investor

website


Category Private Equity Firm
Founded 1993
PE ASSETS 150M USD
Size Small
Type Sector Agnostic
DESCRIPTION

CHB Capital provides growth capital and makes equity investments in closely held and family-owned businesses. CHB looks to invest $3 to $15 million in companies with annual revenues $10 to $200 million. Broad industry sectors of interest include niche manufacturing, distribution, consumer products, and services. CHB avoids investing in real estate, construction, natural resources, start-ups, and turnarounds. The Firm will consider majority and minority positions. CHB Capital was formed in 1993 and is based in Denver, Colorado, with an additional office in Houston, Texas.


DEAL STATS #
Overall 7 of 7
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 4 of 4
State (Texas) 1 of 1
Country (United States) 7 of 7
Year (2008) 3 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-23 Sorrento Networks International

Pleasanton, Colorado, United States

Sorrento Networks International, Inc. is a provider of metro optical access solutions, offering an edge-to-regional CWDM, DWDM, and ROADM product portfolio to carriers and enterprises. Sorrento's products are used, individually or as part of an integrated solution, in communications network infrastructures operated by telecommunications service providers, cable operators, governments, and enterprises around the globe. Sorrento Networks International was founded in 1993 and is based in Pleasanton, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-05 HiRel Systems

Minnetonka, Minnesota, United States

HiRel Systems LLC is a designer and manufacturer of specialty electronic components. HiRel Systems designs and manufactures custom magnetic components and power supplies serving the high technology electronics industry.

Sell $85M