CIC Partners Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, CIC Partners has acquired 1 company.

CIC Partners’ most common sectors for investment are oil/gas exploration (23%) and food (18%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (35%) and stake purchase (26%). In total, CIC Partners has invested in 14 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 1986 when it acquired Darling Ingredients for $90M.

In the last 3 years, CIC Partners has exited 1 company. The Firm’s most common exit type is trade sale (27%). CIC Partners’ largest (disclosed) exit occurred in 2016 when it sold Continental Structural Plastics for $825M.

Join Mergr to view CIC Partners’ full profile and discover more middle-market private equity firms just like it.

M&A Summary

  • M&A Total Activity61
    • M&A Buy Activity35
    • M&A Sell Activity26
  • Total Sectors Invested 14
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 18
  • M&A Advisors 1

CIC Partners

3879 Maple Avenue Suite 400,
Dallas, Texas 75219
United States
(214) 871-6812
www.cicpartners.com
info@cicpartners.com

CIC Partners is a lower middle-market private equity firm that targets investments in energy, food service, manufacturing, service, retail, technology, and media companies. CIC looks for businesses generating sales of $10 to $1000 million where the firm can invest $5 to $50 million of equity capital, either as a majority or minority position. Prospective transaction situations include management-led buyouts, growth financings, and recapitalizations. CIC Partners is the successor to Cardinal Investment Company's Private Equity Group, originally formed in 1974. CIC Partners is based in Dallas, Texas.


Investment Criteria

Sectors of Interest: Agriculture, Automotive, Beverages, Business Services, Consumer Services, Distribution, Education, Energy Services and Equipment, Financial Services, Food, Franchising, Furniture, Healthcare Services, Leisure, Life Science, Manufacturing, Marketing, Media, Medical Products, Oil/Gas Exploration, Packaging, Plastics, Publishing, Restaurants, Retail, Software, Technology Hardware

Target Transaction Types: Buyout (LBO, MBO, MBI), Going Private, Growth Capital, Recapitalization, Stake Purchase

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

Transaction Criteria Min Max
Target Revenue 10 1,000
Target EBITDA 5 50
Investment Size 5 50
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.4/yr) # 33 1 - 1 - - 35
vol $90M $90M
Sell (0.4/yr) # 24 1 1 - - - 26
vol $745M $825M $1.6B
  61

Most Recent M&A

Company Date Value Type
RMX Resources LLC 2018-04-26 - Buyout (LBO, MBO, MBI)
, California
River Point Farms 2017-01-17 - Add-on Acquisition
Hermiston, Oregon · www.riverpointfarms.com
Activa Resources LLC 2016-10-13 - Stake Purchase
San Antonio, Texas
Continental Structural Plastics, Inc. 2016-09-13 825M USD Add-on Acquisition
Auburn Hills, Michigan · www.cspplastics.com
Willie's Grill & Icehouse 2015-09-15 - Buyout (LBO, MBO, MBI)
Houston, Texas · www.williesgrillandicehouse.com
L&L Foods, Inc. 2015-07-27 - Add-on Acquisition
Anaheim, California · www.llfoodsinc.com
SPG Holdings LLC 2014-08-15 - Add-on Acquisition
Dallas, Texas · www.spglp.com
OmniSYS, LLC 2013-11-21 - Secondary Buyout
Dallas, Texas · www.omnisys-inc.com
L&L Foods, Inc. 2012-10-19 - Recapitalization
Anaheim, California · www.llfoodsinc.com
Taco Mac Sports Grill 2012-07-17 - Growth Capital
Atlanta, Virginia · www.tacomac.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Oil/Gas Exploration 5 (56%) - 8 (23%) -
Food 2 (22%) - 6 (17%) -
Restaurants 1 (11%) - 6 (17%) -
Packaging - - 3 (9%) -
Business Services 1 (11%) - 2 (6%) -
Financial Services - - 2 (6%) -
Environmental - - 1 (3%) 90M (100%)
Automotive - - 1 (3%) -
Healthcare Services - - 1 (3%) -
Leisure - - 1 (3%) -
Medical Products - - 1 (3%) -
Plastics - - 1 (3%) -
Retail - - 1 (3%) -
Technology Hardware - - 1 (3%) -
Total 9 - 35 $90M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 9 (100%) - 34 (97%) 90M (100%)
  Texas 6 (67%) - 19 (54%) 90M (100%)
  California 1 (11%) - 3 (9%) -
  Virginia 1 (11%) - 1 (3%) -
  Minnesota 1 (11%) - 1 (3%) -
  Utah - - 1 (3%) -
  South Carolina - - 1 (3%) -
  Oregon - - 1 (3%) -
  New York - - 1 (3%) -
  Michigan - - 1 (3%) -
  Idaho - - 1 (3%) -
  Connecticut - - 1 (3%) -
  Colorado - - 1 (3%) -
  Arkansas - - 1 (3%) -
  Arizona - - 1 (3%) -
Canada - - 1 (3%) -
  British Columbia - - 1 (3%) -
Total 9 - 35 $90M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 3 (33%) - 12 (34%) 90M (100%)
Stake Purchase 3 (33%) - 9 (26%) -
Recapitalization 1 (11%) - 4 (11%) -
Growth Capital 1 (11%) - 3 (9%) -
PIPE 1 (11%) - 3 (9%) -
Consolidation - - 2 (6%) -
Divestiture - - 1 (3%) -
Venture - - 1 (3%) -
Total 9 - 35 $90M

Exits by Deal Type

Type Total # Value
Trade Sale 8 (31%) -
Secondary Sale 6 (23%) 250M (16%)
Trade Sale - Public Company 5 (19%) 990M (63%)
IPO 3 (12%) -
Sold to Management 2 (8%) -
Recapitalization 1 (4%) 180M (11%)
Bankruptcy 1 (4%) 150M (10%)
Total 26 $1.6B

Top M&A Advisors

Financial Deals
Robert W. Baird & Co., Inc.
1

Deal Values

buy # Total
< $100M 1 $90M
TOTAL $90M
Largest Darling Ingredients, Inc.
$90M (1986-01-01)
sell # Total
$100M to $1B 4 $1.4B
< $100M 2 $165M
TOTAL $1.6B
Largest Continental Structural Plastics, Inc.
$825M (2016-09-13)

M&A Connections

Deals %
Acquired from
PE Firm(s)
67%
2 67%
Strategic(s)
33%
1 33%
Exited to
PE Firm(s)
50%
7 50%
Strategic(s)
50%
7 50%

 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.