Cherington Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

Cherington Capital’s most common sectors for investment arebusiness services (34%) and energy services and equipment (34%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (100%). In total, Cherington Capital has invested in 2 US states.

The Firm’s most common exit type is trade sale (100%). Cherington Capital’s largest (disclosed) exit occurred in 2012 when it sold Ulterra Drilling Technologies for $325M.

Join Mergr to view Cherington Capital’s full profile and discover more small private equity firm investors just like it.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity3
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6

Cherington Capital LLC

50 Church St # 400,
Cambridge, Massachusetts 02138
United States
(617) 497-8282
www.cherington.com
info@cherington.com

Cherington Capital is a generalist private equity investment firm focused on recapitalizations and leveraged buyouts of lower middle-market companies. Cherington prefers to partner with management when making investments. The Firm generally looks for businesses valued from $10 to $70 million with trailing EBIT of $2.5 to $15 million. Cherington Capital is based in Cambridge, Massachusetts.


Investment Criteria

Sectors of Interest: Aerospace, Beverages, Business Services, Consumer Products, Consumer Services, Defense, Distribution, Education, Electrical Equipment, Electronics, Energy Services and Equipment, Financial Services, Food, Healthcare Services, Information Technology, Internet Software and Services, Life Science, Medical Products, Oil/Gas Exploration, Packaging, Software, Technology Hardware

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

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA 3 15
Investment Size - -
Enterprise Value 10 70
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
Sell (0.0/yr) # 2 - - - - - 2
vol $325M $325M
  5

Most Recent M&A

Company Date Value Type
Ulterra Drilling Technologies LP 2012-08-14 325M USD Trade Sale
Fort Worth, Texas · www.ulterra.com
International Logging, Inc. 2008-08-18 - Trade Sale
Houston, Texas · www.inter-log.com
International Logging, Inc. 2006-03-13 - Buyout (LBO, MBO, MBI)
Houston, Texas · www.inter-log.com
Ulterra Drilling Technologies LP 2005-05-16 - Buyout (LBO, MBO, MBI)
Fort Worth, Texas · www.ulterra.com
Pacific Consolidated Industries LLC 2004-01-01 - Buyout (LBO, MBO, MBI)
Riverside, California · www.pcigases.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Business Services - - 1 (33%) -
Energy Services and Equipment - - 1 (33%) -
Machinery - - 1 (33%) -
Total - - 3 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States - - 3 (100%) -
  Texas - - 2 (67%) -
  California - - 1 (33%) -
Total - - 3 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) - - 3 (100%) -
Total - - 3 -

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 2 (100%) 325M (100%)
Total 2 $325M

Deal Values

sell # Total
$100M to $1B 1 $325M
TOTAL $325M
Largest Ulterra Drilling Technologies LP
$325M (2012-08-14)

M&A Connections

Deals
Exited to
Strategic(s)
100%
2 (100%)

Investor Summary

Investor Type

Private Equity Firm

Size

Small

Specialist/Generalist

Generalist

FAQ

What type of investor is Cherington Capital LLC?

Cherington Capital LLC is a private equity firm.

Where is Cherington Capital LLC headquartered?

Cherington Capital LLC is headquartered in Cambridge, Massachusetts.

 Subscribe to unlock this and 201,455
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
1 Week Free Trial Learn 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
  • 193K M&A Transactions
  • 197K 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.

Mergr

Product

Company

Legal