M&A Deal Summary |
|
|---|---|
| Date | 2020-01-09 |
| Target | SBI |
| Sector | Business Services |
| Buyer(s) |
CIP Capital
Stellus Capital Management |
| Sellers(s) | Alaris Equity Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Raymond James - Investment Banking (Financial) Foley & Lardner (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| Size | Middle-Market |
| Type | Sector Focused |
CIP Capital is a private equity firm focused on control investments in middle-market, North American business information and outsourced service companies. Specific areas of interest include B2B information management, business process outsourcing, marketing services and knowledge services. CIP looks to invest $25 to $125 million in transactions valued up to $200 million. Funds are typically used to fund buyouts or growth initiatives. CIP Capital was formed in 2010 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 18 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 6 of 6 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 17 of 18 |
| Year: 2020 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-19 |
Benefit Resources
Rochester, New York, United States Benefit Resources is a provider of consumer-directed benefit (CDB) solutions including FSA, HSA, HRA, and commuter benefit plan programs and COBRA services. BRI utilizes a proprietary suite of technology solutions coupled with a high-touch service model to deliver a superior offering to its over 3,500 clients and their employees. Benefit Resources, Inc. serves clients of all sizes nationwide with a focus on mid-market employers. Benefit Resources, Inc. was founded in 1993 and is headquartered in Rochester, NY with a secondary office in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-10 |
3Pillar Global
Fairfax, Virginia, United States 3Pillar Global is an outsourced provider of software product development and design services for customer-facing, revenue-generating applications. The Company provides “Product Development as a Service” to industry-leading enterprise logos including Carfax, Fortune, and PBS. 3Pillar Global was founded in 2006 and is based in Fairfax, Virginia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Stellus Capital Management is a provider of debt and equity capital to middle-market companies headquartered throughout the US and Canada. For credit commitments, Stellus looks to provide $10 to $50 million of capital to help support buyouts, acquisitions, recapitalization, growth opportunities, rescue financing, distressed situations, as well as bridge loans. Sectors' of interest for Stellus' credit practice includes business services, energy, general industrial, government, healthcare, software and specialty finance. Stellus' equity practice seeks to provide $20 to $100 million to small and mid-sized energy (upstream, oilfield services, midstream) companies. Stellus Capital was originally formed in 2004 as Laminar Direct Capital and operated as the direct investing unit of D.E. Shaw. The Group became independent in 2012. Stellus has offices in Houston, New York City, and Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 87 |
| Sector: Business Services M&A | 2 of 13 |
| Type: Secondary Buyout M&A Deals | 4 of 20 |
| State: Texas M&A | 4 of 16 |
| Country: United States M&A | 17 of 84 |
| Year: 2020 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-17 |
Cafe Valley Bakery
Phoenix, Arizona, United States Cafe Valley Bakery is a manufacturer of croissants and sweet baked goods including cakes, muffins, coffee cake bites, and loaf cakes. The company operates as a wholesale bakery serving the in-store bakery, club store, mass merchandise, foodservice, and convenience-store segments. Cafe Valley Bakery was founded in 1987 and is based in Phoenix, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-03 |
Elliott Aviation
Moline, Illinois, United States Elliott Aviation is a provider of maintenance, repair and overhaul (“MRO”), fixed based operations services, and aircraft sales and brokerage services to the business aviation industry. Elliott Aviation was founded in 1936 and is based in Moline, Illinois. |
Buy | - |
Alaris Equity Partners is a private equity firm focused on non-control investments in lower-middle market North American companies. Alaris typically commits $10 to $100 million per transaction to support recapitalization, growth, buyout, and generational transfer investment situations. The Firm invests in a variety of industries including business services, healthcare services, industrial services, IT, and construction. Alaris Equity Partners was established in 2004 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 4 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-01 |
Stride Consulting
New York, New York, United States Stride Consulting is a software development consultancy comprised of developers, product managers, coaches, and designers, empowering technology teams to implement industry best practices, build better software, and scale efficiently and successfully. Stride Consulting was founded in 2014 and is based in New York, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-16 |
Carey Electric Contracting
McHenry, Illinois, United States Carey Electric Contracting is a third-generation, family-owned, electrical contracting services company servicing the industrial, commercial, and residential markets. Services include power distribution, lighting, bucket truck services, trenching, underground locating, fire alarm services, generator testing, and other specialized offerings. Carey Electric Contracting was founded in 1923 and is based in McHenry, Illinois. |
Buy | - |
