M&A Deal Summary

FFL Partners and Crane Street Capital Group Acquire WellStreet Urgent Care

On July 1, 2011, private equity firms FFL Partners and Crane Street Capital Group acquired healthcare services company WellStreet Urgent Care

Acquisition Highlights
  • This is FFL Partners’ 5th and Crane Street Capital Group’s 2nd transaction in the Healthcare Services sector.
  • This is FFL Partners’ 21st and Crane Street Capital Group’s 4th transaction in the United States.
  • This is FFL Partners’ 4th and Crane Street Capital Group’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2011-07-01
Target WellStreet Urgent Care
Sector Healthcare Services
Buyer(s) FFL Partners
Crane Street Capital Group
Deal Type Buyout (LBO, MBO, MBI)

Target

WellStreet Urgent Care

Atlanta, Georgia, United States
website
WellStreet Urgent Care is a management company specializing in urgent care operations and financial management for clinically integrated health systems. WellStreet Urgent Care offers walk-in, extended-hour access for non-life-threatening acute injuries and illnesses. Through its centers, WellStreet Urgent Care is focused on creating a superior patient experience through the delivery of convenient, comfortable, high-quality medical care. WellStreet was founded in 2011 and is based in Atlanta, Georgia.

Search 193,448 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

FFL Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1997
PE ASSETS 5.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

FFL Partners (formerly known as Friedman Fleischer & Lowe) is a private equity group focused on majority and minority investments in North American middle-market companies. Prospective businesses generally have revenues of $30 to $400 million and are valued between $50 and $300 million. Target situations include ownership restructurings in closely-held and family-owned companies, management buyouts, PIPEs, growth equity fundings, take privates, special situations, and recapitalizations. Sectors of interest include outsourced business services, education and training, marketing and media, consumer products, healthcare, and financial services. FFL Partners was formed in 1997 and is based in San Francisco.

DEAL STATS #
Overall 22 of 51
Sector (Healthcare Services) 5 of 12
Type (Buyout (LBO, MBO, MBI)) 8 of 11
State (Georgia) 4 of 6
Country (United States) 21 of 47
Year (2011) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-13 Midwest Dental

Mondovi, Wisconsin, United States

Midwest Dental, Inc. is a provider of business management services for dental offices serving communities throughout the Midwest. Dental practices affiliated with Midwest Dental offer a comprehensive range of treatment services including preventive, cosmetic, restorative, and reconstructive dentistry for adults and children. Midwest Dental was formed in 1968 and is based in Mondovi, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-21 C.H.I. Overhead Doors

Arthur, Illinois, United States

C.H.I. Overhead Doors is a manufacturer and marketer of overhead garage doors in North America. The Company manufactures a complete portfolio of overhead sectional garage door products for both the residential and commercial markets, as well as rolling steel doors for commercial and industrial applications. C.H.I. Overhead Doors was founded in 1981 and is based in Arthur, Illinois.

Buy $290M
Buyer

Crane Street Capital Group

San Francisco, California, United States

Investor Investor

website

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Crane Street Capital LLC invests in buyouts and structured-equity recapitalizations of mid-sized companies across the US and Canada. Crane looks for businesses with high barriers to entry, fragmented competition, sustainable growth, and operating in large markets. Sectors of interest include education, business services, and financial services. The Firm's target investment size is $1 to $20 million per transaction. Crane Street Capital was formed in 2009 and is based in Woodside, California.

DEAL STATS #
Overall 4 of 7
Sector (Healthcare Services) 2 of 4
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Georgia) 2 of 2
Country (United States) 4 of 7
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 Futures Academy

Irvine, California, United States

Futures Academy operates schools providing high-quality individualized education, helping motivated students in grades 7-12 achieve their full academic potential. Futures Academy was founded in 1985 and is based in Irvine, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 Brain Balance Achievement Centers

San Francisco, California, United States

Brain Balance Achievement Centers is a franchisor and operator of supplemental learning centers focusing on children with learning disabilities such as ADD and ADHD. The individualized and customized programs utilize sensory-motor exercises, cognitive exercises and nutritional guidance to address the root cause of many neurobehavioral issues. Brain Balance Achievement Centers was founded in 2006 and is based in San Francisco, California.

Buy -
Mergr

Product

Company

Legal