Investment Summary |
|
|---|---|
| Date | 2004-12-01 |
| Target | Broadstripe |
| Sector | Media |
| Sellers(s) | Convergent Capital |
| Deal Type | Sold to Management |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 225M USD |
| Size | Small |
| Type | Sector Agnostic |
Convergent Capital is a private investment firm that provides growth and debenture financing to late-stage growth companies. Convergent prefers to commit $2 to $8 million per transaction in businesses with at least $5 million in revenues. Convergent is a generalist investor and will consider businesses in a wide range of industries. Investment funds are typically used to assist growth, but the firm can also structure investments around buyouts, recapitalizations, consolidations, and add-on acquisitions. Convergent is licensed as a SBIC. Convergent Capital was formed in 1998 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 39 |
| Sector (Media) | 1 of 1 |
| Type (Sold to Management) | 2 of 3 |
| State (Texas) | 1 of 5 |
| Country (United States) | 6 of 39 |
| Year (2004) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-01 |
RAVE Sports
St Paul, Minnesota, United States RAVE Sports, Inc., headquartered in Minneapolis, MN, is the global leader in the design, manufacture and marketing of unique recreational water products. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-01-01 |
Ecological Systems
Indianapolis, Indiana, United States Ecological Systems, Inc., (dba ESI Environmental) located in Indianapolis, Indiana, processes non-hazardous wastewater, recovers and recycles used oils for secondary fuels and brokers the disposition of certain hazardous materials. |
Buy | - |
