Hersh Family Investments Mergers and Acquisitions Summary

Family Office Profile

Hersh Family Investments’ most common sectors for investment areeducation (23%) and financial services (23%) . The Firm’s most common investment types include growth capital (56%) and buyout (lbo, mbo, mbi) (34%). In total, Hersh Family Investments has invested in 6 US states.

The Firm’s most common exit type is trade sale (67%). Hersh Family Investments’ largest (disclosed) exit occurred in 2011 when it sold Highlands Bancshares for $71M.

Join Mergr to view Hersh Family Investments’ full profile and discover more small family office investors just like it.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity9
    • M&A Sell Activity3
  • Total Sectors Invested 6
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7

Hersh Family Investments

Freedom Place At Old Parkland 4143 Maple Avenue Suite 350,
Irving, Texas 75219
United States
(972) 432-3800
www.hershfi.com
info@hershfi.com

NLM Capital is a private investment firm focused on acquiring mid-sized businesses in the water resources/infrastructure services, education, healthcare, and real estate sectors. NLM seeks profitable businesses with experienced management and strong market positions with growth prospects. NLM's looks to commit $3 to $30 million of equity per deal, with a total target transaction size of $15 to $150 million. NLM will not invest in businesses with limited revenues or that are engaged in direct retail, restaurants, or oil/natural gas. NLM was formed in 2004 and is based in Irving, Texas.


Investment Criteria

Sectors of Interest: Business Services, Education, Energy Services and Equipment, Environmental, Financial Services, Healthcare Services, Infrastructure, Manufacturing, Real Estate

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 3 30
Enterprise Value 15 150
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 9 - - - - - 9
Sell (0.0/yr) # 3 - - - - - 3
vol $71M $71M
  12

Most Recent M&A

Company Date Value Type
Envy Gaming, Inc. 2017-08-09 - Growth Capital
Dallas, Texas · www.teamenvyus.com
Avadyne Health, Inc. 2016-04-18 - Recapitalization
Moline, Illinois · www.avadynehealth.com
Sapling Learning, Inc. 2012-11-07 - Trade Sale
Austin, Texas · www.saplinglearning.com
Highlands Bancshares, Inc. 2011-12-14 71M USD Trade Sale
Dallas, Texas · www.thehighlandsbank.com
Sapling Learning, Inc. 2010-09-11 - Growth Capital
Austin, Texas · www.saplinglearning.com
Greenstone Resource Partners LLC 2010-07-01 - Growth Capital
Phoenix, Arizona · www.greenstonerp.com
Benchmark Revenue Management, Inc. 2010-07-01 - Growth Capital
Moline, Illinois · www.benchmarkrevenue.com
Highlands Bancshares, Inc. 2010-05-01 - Recapitalization
Dallas, Texas · www.thehighlandsbank.com
Millmark Education Corp. 2008-05-01 - Buyout (LBO, MBO, MBI)
Washington, District of Columbia · www.millmarkeducation.com
Miller Drilling Co., Inc. 2008-01-01 - Buyout (LBO, MBO, MBI)
Lawrenceburg, Tennessee · www.millerdrilling.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Education - - 2 (22%) -
Financial Services - - 2 (22%) -
Healthcare Services - - 2 (22%) -
Business Services - - 1 (11%) -
Energy Services and Equipment - - 1 (11%) -
Media 1 (100%) - 1 (11%) -
Total 1 - 9 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 1 (100%) - 9 (100%) -
  Texas 1 (100%) - 3 (33%) -
  Illinois - - 2 (22%) -
  Tennessee - - 1 (11%) -
  District of Columbia - - 1 (11%) -
  California - - 1 (11%) -
  Arizona - - 1 (11%) -
Total 1 - 9 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 1 (100%) - 5 (56%) -
Buyout (LBO, MBO, MBI) - - 3 (33%) -
Recapitalization - - 1 (11%) -
Total 1 - 9 -

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 1 (33%) 71M (100%)
Recapitalization 1 (33%) -
Trade Sale 1 (33%) -
Total 3 $71M

Deal Values

sell # Total
< $100M 1 $71M
TOTAL $71M
Largest Highlands Bancshares, Inc.
$71M (2011-12-14)

M&A Connections

Deals
Exited to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

Investor Summary

Investor Type

Family Office

Size

Small

PE Assets

100M USD

Established

2004

Specialist/Generalist

Generalist

Leadership

Kenneth Hersh

Chairman

Randy Chappel

Managing Director

Rick O'Brien

President & Chief Investment Officer

Andrew Frohman

Vice President

FAQ

When was Hersh Family Investments founded?

Hersh Family Investments was founded in 2004.

What type of investor is Hersh Family Investments?

Hersh Family Investments is a family office.

Where is Hersh Family Investments headquartered?

Hersh Family Investments is headquartered in Irving, Texas.

How much capital does Hersh Family Investments have under management?

Hersh Family Investments has 100M USD under management.

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