Farol Asset Management Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Farol Asset Management has acquired 6 companies.

Farol Asset Management’s most common sectors for investment are chemicals (15%) and information technology (15%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (43%) and divestiture (22%). In total, Farol Asset Management has invested in 10 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 2019 when it acquired Innophos Holdings. for $932M.

In the last 3 years, Farol Asset Management has exited 5 companies. The Firm’s most common exit type is trade sale (50%). Farol Asset Management’s largest (disclosed) exit occurred in 2019 when it sold AIM Aerospace for $510M.

Join Mergr to view Farol Asset Management’s full profile and discover more middle-market private equity firms just like it.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity14
    • M&A Sell Activity6
  • Total Sectors Invested 11
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 13
  • M&A Advisors 1

Farol Asset Management LP

540 Madison Ave, 21st Floor,
New York, New York 10022
United States
(646) 507-5927
www.farolam.com
robazeke@farol-group.com

Farol Asset Management is a private equity firm that looks to match institutional investors with direct investment opportunities. The Firm seeks to commit $5 to $30 million per transaction to support a variety of transaction situations and typically works with opportunities brought to it by private equity firms, fund-less sponsors, entrepreneurs and operating executives. Farol Asset Management was formed in 2011 and is headquartered in New York City.


Investment Criteria

Sectors of Interest: Chemicals, Communications, Consumer Products, Consumer Services, Distribution, Information Technology, Internet Software and Services, Software

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Growth Capital, Recapitalization, Special Situations/Distressed

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 5 30
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (1.4/yr) # 7 1 - 1 5 - 14
vol $840M $220M $932M $2.0B
Sell (1.0/yr) # 1 - - 2 1 2 6
vol $510M $510M
  20

Most Recent M&A

Company Date Value Type
Pulse Secure LLC 2020-09-28 - Add-on Acquisition
San Jose, California · www.pulsesecure.net
24 Hour Fitness 2020-06-15 - Bankruptcy
San Ramon, California · www.24hourfitness.com
Innophos Holdings. Inc. 2019-10-21 932M USD Going Private
Cranbury, New Jersey · www.innophos.com
Dairy.com 2019-08-29 - Buyout (LBO, MBO, MBI)
Frisco, Texas · www.dairy.com
Ritter Communications 2019-08-12 - Buyout (LBO, MBO, MBI)
Jonesboro, Arkansas · www.ritterbusiness.com
AIM Aerospace, Inc. 2019-06-17 510M USD Add-on Acquisition
Renton, Washington · www.aimseattle.com
Blackboard, Inc. - Transact Business Unit 2019-03-07 - Divestiture
Phoenix, Arizona
Nexeo Solutions Plastics LLC 2019-02-08 - Divestiture
The Woodlands, Texas · www.nexeoplastics.com
Gaylord Chemical Co. LLC 2018-10-15 - Buyout (LBO, MBO, MBI)
Slidell, Louisiana · www.gaylordchemical.com
Airxcel, Inc. 2018-03-14 - Secondary Buyout
Wichita, Kansas · www.airxcel.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Dairy.com 2019-08-29 Orbis MES Ltd. 2020-06-16 1
Frisco, Texas · www.dairy.com Dublin, Ireland · www.orbismes.com
Digital River, Inc. 2014-10-23 Digital River World Payments AB 2017-07-17 3
Minnetonka, Minnesota · www.digitalriver.com Stockholm, Sweden · www.drwp.io
Digital River, Inc. 2014-10-23 BlueHornet Networks, Inc. 2015-12-08 2
Minnetonka, Minnesota · www.digitalriver.com San Diego, California · www.bluehornet.com
Digital River, Inc. 2014-10-23 Beanstream Internet Commerce, Inc. 2015-09-17 1
Minnetonka, Minnesota · www.digitalriver.com Victoria, British Columbia · www.beanstream.com

M&A by Sector

Sector Current # Value All-time # Value
Chemicals 2 (29%) 932M (53%) 2 (14%) 932M (47%)
Information Technology 1 (14%) - 2 (14%) -
Software 1 (14%) - 2 (14%) -
Internet Software and Services 1 (14%) 840M (47%) 1 (7%) 840M (42%)
Aerospace - - 1 (7%) 220M (11%)
Apparel/Textiles - - 1 (7%) -
Communications 1 (14%) - 1 (7%) -
Consumer Services - - 1 (7%) -
Distribution 1 (14%) - 1 (7%) -
Manufacturing - - 1 (7%) -
Packaging - - 1 (7%) -
Total 7 $1.8B 14 $2.0B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 7 (100%) 1.8B (100%) 13 (93%) 2.0B (100%)
  California - - 3 (21%) -
  Texas 2 (29%) - 2 (14%) -
  New Jersey 1 (14%) 932M (53%) 1 (7%) 932M (47%)
  Minnesota 1 (14%) 840M (47%) 1 (7%) 840M (42%)
  Arkansas 1 (14%) - 1 (7%) -
  Arizona 1 (14%) - 1 (7%) -
  Louisiana 1 (14%) - 1 (7%) -
  Washington - - 1 (7%) 220M (11%)
  Kansas - - 1 (7%) -
  New York - - 1 (7%) -
Canada - - 1 (7%) -
  Quebec - - 1 (7%) -
Total 7 $1.8B 14 $2.0B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 3 (43%) - 6 (43%) 220M (11%)
Divestiture 2 (29%) - 3 (21%) -
Going Private 2 (29%) 1.8B (100%) 2 (14%) 1.8B (89%)
Secondary Buyout - - 2 (14%) -
Recapitalization - - 1 (7%) -
Total 7 $1.8B 14 $2.0B

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 2 (33%) 510M (100%)
Secondary Sale 2 (33%) -
Bankruptcy 1 (17%) -
Trade Sale 1 (17%) -
Total 6 $510M

Top M&A Advisors

Legal Deals
Milbank, Tweed, Hadley & McCloy LLP
1

Deal Values

buy # Total
$100M to $1B 3 $2.0B
TOTAL $2.0B
Largest Innophos Holdings. Inc.
$932M (2019-10-21)
sell # Total
$100M to $1B 1 $510M
TOTAL $510M
Largest AIM Aerospace, Inc.
$510M (2019-06-17)

M&A Connections

Deals %
Acquired from
PE Firm(s)
57%
4 57%
Strategic(s)
43%
3 43%
Exited to
PE Firm(s)
40%
2 40%
Strategic(s)
60%
3 60%

 Subscribe to unlock this and 156,484
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.