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Argonaut Private Equity Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Argonaut Private Equity has acquired 11 companies. It has also invested in 1 other.

Argonaut Private Equity’s most common sectors for investment areenergy services and equipment (19%) and oil/gas exploration (11%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (58%) and growth capital (14%). In total, Argonaut Private Equity has invested in 14 US states.

In the last 3 years, Argonaut Private Equity has exited 1 company. The Firm’s most common exit type is trade sale (55%). Argonaut Private Equity’s largest (disclosed) exit occurred in 2013 when it sold S&R Compression for $187M.

Join Mergr to view Argonaut Private Equity’s full profile and discover more large private equity firm investors just like it.

M&A Summary

  • M&A Total Activity49
    • M&A Buy Activity38
    • M&A Sell Activity11
  • Total Sectors Invested 20
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 16
  • M&A Advisors 2

Argonaut Private Equity

Argonaut Private Equity

7030 S. Yale Ave,
Tulsa, Oklahoma 74136
United States
(918) 392-9611
www.argonautpe.com

Argonaut Private Equity is a private equity firm focused on control investments in entrepreneur and family-owned businesses headquartered in the middle region of the US. The Firm seeks industrial oriented manufacturing, distribution, and service companies with revenue between $20 and $300 million and EBITDA between $5 and $50 million. Argonaut typically commits $15 to $100 million per transaction to support buy-outs, distressed and special situations, growth needs, and divestitures. Argonaut Private Equity was founded in 2002 and is based in Tulsa, Oklahoma.


Investment Criteria

Sectors of Interest: Agriculture, Automotive, Building Materials, Business Services, Construction, Consumer Products, Distribution, Energy Services and Equipment, Financial Services, Information Technology, Internet Software and Services, Machinery, Manufacturing, Metals/Mining, Oil/Gas Exploration, Safety/Security, Semiconductors, Software, Test/Measurement Equipment

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

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

Transaction Criteria Min Max
Target Revenue 20 300
Target EBITDA 5 50
Investment Size 15 100
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (3.2/yr) # 22 4 4 3 4 1 38
Sell (0.4/yr) # 9 1 - - 1 - 11
vol $272M $272M
  49
+270384042444648503436520

Most Recent M&A

Company Date Value Type
Pryer Aerospace 2025-02-26 - Buyout (LBO, MBO, MBI)
Tulsa, Oklahoma · www.pryer.aero
Fabrication Technologies 2024-12-01 - Buyout (LBO, MBO, MBI)
Libertyville, Illinois · www.fabtech.com
Hammer & Steel Global LLC 2024-08-27 - Buyout (LBO, MBO, MBI)
Hazelwood, Missouri · www.hammersteel.com
Layco Electric Innovations 2024-07-31 - Growth Capital
Tulsa, Oklahoma · www.lei-corp.com
Crimson Steel Supply LLC 2024-04-08 - Trade Sale
Tulsa, Oklahoma · www.crimsonsteelsupply.com
Legacy Building Solutions, Inc. 2024-03-13 - Recapitalization
South Haven, Minnesota · www.legacybuildingsolutions.com
Chemoil Energy Services LLC 2023-11-15 - Divestiture
Oklahoma City, Oklahoma · www.chemoil.com
Center Rock, Inc. 2023-05-09 - Secondary Buyout
Berlin, Pennsylvania · www.centerrock.com
Allstream Services & Rental 2023-01-01 - Buyout (LBO, MBO, MBI)
Houma, Louisiana · www.goallstream.com
Bandera Utility Contractors Ltd. 2022-05-04 - Buyout (LBO, MBO, MBI)
McKinney, Texas · www.banderautility.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Energy Services and Equipment 5 (18%) - 7 (18%) -
Construction 4 (14%) - 4 (11%) -
Oil/Gas Exploration 4 (14%) - 4 (11%) -
Building Materials 3 (11%) - 3 (8%) -
Distribution 3 (11%) - 3 (8%) -
Automotive 2 (7%) - 2 (5%) -
Manufacturing 2 (7%) - 2 (5%) -
Aerospace 1 (4%) - 1 (3%) -
Agriculture 1 (4%) - 1 (3%) -
Business Services 1 (4%) - 1 (3%) -
Consumer Products - - 1 (3%) -
Electrical Equipment 1 (4%) - 1 (3%) -
Financial Services - - 1 (3%) -
Internet Software and Services - - 1 (3%) -
Machinery - - 1 (3%) -
Metals/Mining - - 1 (3%) -
Safety/Security - - 1 (3%) -
Software 1 (4%) - 1 (3%) -
Technology Hardware - - 1 (3%) -
Test/Measurement Equipment - - 1 (3%) -
Total 28 - 38 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 28 (100%) - 38 (100%) -
  Oklahoma 6 (21%) - 11 (29%) -
  Texas 8 (29%) - 10 (26%) -
  Illinois 3 (11%) - 3 (8%) -
  New Mexico 2 (7%) - 2 (5%) -
  Michigan 2 (7%) - 2 (5%) -
  Colorado 2 (7%) - 2 (5%) -
  Pennsylvania 1 (4%) - 1 (3%) -
  Missouri 1 (4%) - 1 (3%) -
  Minnesota 1 (4%) - 1 (3%) -
  Louisiana 1 (4%) - 1 (3%) -
  Georgia 1 (4%) - 1 (3%) -
  New York - - 1 (3%) -
  New Jersey - - 1 (3%) -
  Arizona - - 1 (3%) -
Total 28 - 38 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 18 (64%) - 22 (58%) -
Growth Capital 3 (11%) - 5 (13%) -
Divestiture 2 (7%) - 3 (8%) -
Venture - - 3 (8%) -
Secondary Buyout 2 (7%) - 2 (5%) -
Consolidation 1 (4%) - 1 (3%) -
Recapitalization 1 (4%) - 1 (3%) -
Stake Purchase 1 (4%) - 1 (3%) -
Total 28 - 38 -

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 4 (36%) 272M (100%)
Trade Sale 3 (27%) -
Secondary Sale 2 (18%) -
IPO 1 (9%) -
Sold to Management 1 (9%) -
Total 11 $272M

Top M&A Advisors

Financial Deals
D.A. Davidson
 1
Legal Deals
Frederic Dorwart Lawyers (FDLaw)
 1

Deal Values

sell # Total
$100M to $1B 1 $187M
< $100M 1 $85M
TOTAL $272M
Largest S&R Compression LLC
$187M (2013-08-13)

M&A Connections

Deals
Acquired from
Investor(s)
5%
2 (5%)
Strategic(s)
8%
3 (8%)
Exited to
Investor(s)
18%
2 (18%)
Strategic(s)
64%
7 (64%)

Investor Summary

Investor Type

Private Equity Firm

Size

Large

PE Assets

2.0B USD

Established

2002

Specialist/Generalist

Generalist

Leadership

Steve Mitchell

CEO & Managing Director

Kelby Hagar

President & Managing Director

Phil VanTrease

CFO & General Counsel

Patrick Sullivan

CCO

John Young

Director

FAQ

When was Argonaut Private Equity founded?

Argonaut Private Equity was founded in 2002.

What type of investor is Argonaut Private Equity?

Argonaut Private Equity is a private equity firm.

Where is Argonaut Private Equity headquartered?

Argonaut Private Equity is headquartered in Tulsa, Oklahoma.

How much capital does Argonaut Private Equity have under management?

Argonaut Private Equity has 2.0B USD under management.

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