M&A Deal Summary

Gaston Capital Partners Acquires Capital First Trust

On May 25, 2016, private equity firm Gaston Capital Partners acquired financial services company Capital First Trust for 12M USD

Acquisition Highlights
  • This is Gaston Capital Partners’ 1st transaction in the Financial Services sector.
  • This is Gaston Capital Partners’ largest (disclosed) transaction.
  • This is Gaston Capital Partners’ 1st transaction in the United States.
  • This is Gaston Capital Partners’ 1st transaction in South Dakota.

M&A Deal Summary

Date 2016-05-25
Target Capital First Trust
Sector Financial Services
Buyer(s) Gaston Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 12M USD

Target

Capital First Trust

Sioux Falls, South Dakota, United States
website
Capital First Trust is an independent state-chartered trust company that provides independent settlement planners, personal financial advisor, the victim of an accident, or an individual in search of a corporate trustee, Capital First Trust Company can support custom trust solutions and trust services. Capital First Trust was founded in 1999 and is based in Sioux Falls, South Dakota.

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Buyer(S) 1

DESCRIPTION

Gaston Capital Partners is a private equity firm focused on investing in and acquiring growth-oriented lower middle-market companies headquartered in the Eastern US. The Firm seeks profitable companies (> $500K EBITDA) and looks to commit $2 to $10 million per transaction. Areas of interest include business and industrial services, healthcare, niche manufacturing, and financial services. Gaston Capital Partners was formed in 2007 and is headquartered in Belmont, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (South Dakota) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 Nesco Resource

Mayfield Heights, Ohio, United States

Nesco Resource is a provider of staffing solutions. Nesco Resource serves the engineering, IT, clerical, accounting/finance, and light industrial staffing sectors. Nesco Resource is based in Mayfield Heights, Ohio.

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