Gemini Investors Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Gemini Investors has acquired 5 companies. It has also invested in 4 others.

Gemini Investors’ most common sectors for investment are healthcare services (12%) and business services (11%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (41%) and growth capital (31%). In total, Gemini Investors has invested in 25 US states. Its largest (disclosed) acquisition occurred in 2004 when it acquired Endres Processing for $30M.

In the last 3 years, Gemini Investors has exited 4 companies. The Firm’s most common exit type is trade sale (46%). Gemini Investors’ largest (disclosed) exit occurred in 2017 when it sold Buffalo Wild Wings for $2.9B.

Join Mergr to view Gemini Investors’ full profile and discover more middle-market private equity firms just like it.

M&A Summary

  • M&A Total Activity116
    • M&A Buy Activity83
    • M&A Sell Activity33
  • Total Sectors Invested 31
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 61

Gemini Investors

20 William Street, Suite 250,
Wellesley, Massachusetts 02481
United States
(781) 237-7001
www.gemini-investors.com
rmenn@gemini-investors.com

Gemini Investors is a middle-market private equity firm that targets investments in growing and established businesses. Areas of interest include technology, business services, consumer services, healthcare, education, manufacturing and distribution. Gemini looks for companies with $5 to $50 million in annual revenue and typically makes investments of $3 to $8 million in the form of preferred stock and/or subordinated debt. Prospective transaction types include growth capital, recapitalization and buyout situations. Gemini Investors was formed in 1993 and is based in Wellesley, Massachusetts.


Investment Criteria

Sectors of Interest: Building Materials, Business Services, Chemicals, Communications, Consumer Products, Consumer Services, Digital Media, Distribution, Education, Electronics, Energy Services and Equipment, Environmental, Food, Franchising, Gaming, Healthcare Services, Information Technology, Life Science, Machinery, Manufacturing, Medical Products, Restaurants, Retail, Safety/Security, Semiconductors, Software, Staffing, Technology Hardware, Test/Measurement Equipment, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Acquisition Financing, Secondary Buyout, Stake Purchase, Venture

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

Transaction Criteria Min Max
Target Revenue 5 50
Target EBITDA 1 -
Investment Size 3 8
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (2.8/yr) # 69 5 7 2 - - 83
vol $63M $63M
Sell (1.6/yr) # 25 4 3 1 - - 33
vol $1.1B $2.9B $4.0B
  116

Most Recent M&A

Company Date Value Type
TGaS Advisors 2018-09-06 - Add-on Acquisition
East Norriton, Pennsylvania · www.tgas.com
TotalCareRX, Inc. 2018-07-06 - Growth Capital
Oakland Gardens, New York · www.totalcarerx.com
Western Machine Works, Inc. 2018-04-02 - Growth Capital
Portland, Oregon · www.westernmachine.com
Buffalo Wild Wings, Inc. 2017-11-28 2.9B USD Add-on Acquisition
Minneapolis, Minnesota · www.buffalowildwings.com
Light Soda On Tap 2017-11-01 - Buyout (LBO, MBO, MBI)
San Francisco, California
Corporate Caterers 2017-09-25 - Buyout (LBO, MBO, MBI)
Miami, Florida · www.corpcaterers.com
Tru Fit Athletic Clubs 2017-09-19 - Recapitalization
McAllen, Texas · www.trufitathleticclubs.com
Coventor, Inc. 2017-08-31 - Add-on Acquisition
Cary, North Carolina · www.coventor.com
Chairmans Foods LLC 2017-08-05 - Buyout (LBO, MBO, MBI)
Nashville, Tennessee · www.chairmansfoods.com
Perma-Patch, Inc. 2017-08-01 - Buyout (LBO, MBO, MBI)
Baltimore, Maryland · www.permapatch.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Solmetex LLC 2013-08-08 Crosstex International, Inc. 2020-08-19 2
Northborough, Massachusetts · www.solmetex.com Hauppauge, New York · www.crosstex.com
Phoenix Aromas & Essential Oils LLC 2010-01-01 Aromatic Ingredients Ltd. 2019-07-01 2
Norwood, New Jersey · www.phoenixaromas.com Nottingham, United Kingdom · www.aromaticingredients.com
The Predictive Index LLC 2014-11-05 Predictive Synergistic Systems 2018-07-03 3
Westwood, Massachusetts · www.predictiveindex.com Cranberry Twp, Pennsylvania · www.predictivesynergisticsystems.com
Phoenix Aromas & Essential Oils LLC 2010-01-01 Creative Concepts Corp. 2018-04-02 1
Norwood, New Jersey · www.phoenixaromas.com Norwood, New Jersey
Well Foam, Inc. 2014-09-04 Faith Rentals LLC 2018-03-01 1
Odessa, Texas · www.wellfoaminc.com Bismarck, North Dakota
The Predictive Index LLC 2014-11-05 P.I. Associates 2017-08-17 2
Westwood, Massachusetts · www.predictiveindex.com Boynton Beach, Florida
360 PT Management LLC 2015-08-17 Human Performance Centers 2017-08-03 1
Chandler, Arizona · www.360physicaltherapy.com Oklahoma City, Oklahoma · www.hpcphysicaltherapyok.org
The Predictive Index LLC 2014-11-05 Waterhouse Group, Inc. (aka Predictive Results) 2017-02-23 1
Westwood, Massachusetts · www.predictiveindex.com Jacksonville, Florida
Solmetex LLC 2013-08-08 Healthcare Compliance Service 2016-03-18 1
Northborough, Massachusetts · www.solmetex.com Palm Bay, Florida · www.hcstoday.com
Advanced AV LLC 2013-08-01 Promedia Technology Services, Inc. 2015-07-08 1
West Chester, Pennsylvania · www.advancedav.com Little Falls, New Jersey · www.promedianj.com

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services 4 (8%) - 10 (12%) 19M (30%)
Software 3 (6%) - 9 (11%) 8M (12%)
Business Services 6 (13%) - 9 (11%) -
Manufacturing 6 (13%) - 8 (10%) -
Food 3 (6%) - 4 (5%) 30M (47%)
Energy Services and Equipment 2 (4%) - 3 (4%) -
Franchising 2 (4%) - 3 (4%) -
Life Science 2 (4%) - 3 (4%) -
Machinery 3 (6%) - 3 (4%) -
Automotive - - 2 (2%) -
Communications - - 2 (2%) -
Consumer Products 2 (4%) - 2 (2%) -
Consumer Services 2 (4%) - 2 (2%) -
Distribution 1 (2%) - 2 (2%) -
Education - - 2 (2%) -
Internet Software and Services 1 (2%) - 2 (2%) -
Marketing 1 (2%) - 2 (2%) -
Retail 1 (2%) - 2 (2%) -
Technology Hardware 1 (2%) - 2 (2%) -
Safety/Security 1 (2%) 7M (100%) 1 (1%) 7M (11%)
Aerospace - - 1 (1%) -
Construction 1 (2%) - 1 (1%) -
Electrical Equipment - - 1 (1%) -
Gaming - - 1 (1%) -
Information Technology 1 (2%) - 1 (1%) -
Media 1 (2%) - 1 (1%) -
Metals/Mining 1 (2%) - 1 (1%) -
Plastics 1 (2%) - 1 (1%) -
Restaurants 1 (2%) - 1 (1%) -
Semiconductors 1 (2%) - 1 (1%) -
Transportation - - 1 (1%) -
Total 48 $7M 84 $63M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 48 (100%) 7M (100%) 84 (100%) 63M (100%)
  California 9 (19%) 7M (100%) 14 (17%) 7M (11%)
  Massachusetts 5 (10%) - 7 (8%) 8M (12%)
  New York 4 (8%) - 6 (7%) 19M (30%)
  Texas 4 (8%) - 6 (7%) -
  Pennsylvania 2 (4%) - 6 (7%) -
  Florida 4 (8%) - 5 (6%) -
  Minnesota - - 5 (6%) 30M (47%)
  Arizona 2 (4%) - 4 (5%) -
  Colorado 1 (2%) - 4 (5%) -
  Illinois 2 (4%) - 3 (4%) -
  Tennessee 2 (4%) - 3 (4%) -
  New Jersey 2 (4%) - 3 (4%) -
  Georgia 1 (2%) - 3 (4%) -
  New Hampshire 1 (2%) - 3 (4%) -
  North Carolina - - 2 (2%) -
  Michigan 1 (2%) - 1 (1%) -
  Maryland 1 (2%) - 1 (1%) -
  Maine 1 (2%) - 1 (1%) -
  Connecticut 1 (2%) - 1 (1%) -
  Wisconsin 1 (2%) - 1 (1%) -
  Washington 1 (2%) - 1 (1%) -
  Vermont 1 (2%) - 1 (1%) -
  Utah 1 (2%) - 1 (1%) -
  Oregon 1 (2%) - 1 (1%) -
  Kentucky - - 1 (1%) -
Total 48 $7M 84 $63M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 15 (31%) - 34 (40%) -
Growth Capital 19 (40%) 7M (100%) 26 (31%) 26M (41%)
Recapitalization 13 (27%) - 18 (21%) 30M (47%)
Venture - - 2 (2%) 8M (12%)
Stake Purchase - - 2 (2%) -
Divestiture 1 (2%) - 1 (1%) -
Secondary Buyout - - 1 (1%) -
Total 48 $7M 84 $63M

Exits by Deal Type

Type Total # Value
Secondary Sale 11 (33%) 91M (2%)
Trade Sale 11 (33%) -
Trade Sale - Public Company 6 (18%) 3.9B (98%)
Recapitalization 3 (9%) -
IPO 1 (3%) -
Unknown 1 (3%) -
Total 33 $4.0B

Deal Values

buy # Total
< $100M 4 $63M
TOTAL $63M
Largest Endres Processing LLC
$30M (2004-04-15)
sell # Total
> $1B 2 $3.9B
< $100M 2 $125M
TOTAL $4.0B
Largest Buffalo Wild Wings, Inc.
$2.9B (2017-11-28)

M&A Connections

Deals %
Acquired from
PE Firm(s)
88%
7 88%
Strategic(s)
13%
1 13%
Exited to
PE Firm(s)
53%
17 53%
Strategic(s)
47%
15 47%

 Subscribe to unlock this and 157,720
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
  • 146K M&A Transactions
  • 154K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.2K M&A Advisors
    (Investment Banks and Law Firms)
  • 46K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.