Parallel49 Equity Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Parallel49 Equity has invested in 1 company.

Parallel49 Equity’s most common sectors for investment arepackaging (16%) and food (12%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (58%) and secondary buyout (16%). In total, Parallel49 Equity has invested in 10 US states and 2 different countries.

In the last 3 years, Parallel49 Equity has exited 6 companies. The Firm’s most common exit type is trade sale (41%). Parallel49 Equity’s largest (disclosed) exit occurred in 2001 when it sold Pacifica Papers for $905M.

Join Mergr to view Parallel49 Equity’s full profile and discover more large private equity firm investors just like it.

M&A Summary

  • M&A Total Activity47
    • M&A Buy Activity25
    • M&A Sell Activity22
  • Total Sectors Invested 17
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 13
  • M&A Advisors 5

Parallel49 Equity

Parallel49 Equity

225 East Deerpath Road, Suite 200,
Lake Forest, Illinois 60045
United States
(847) 295-4410
www.p49equity.com
jwesterman@p49equity.com

Parallel49 Equity is a private equity firm that invests in mid-sized companies in Canada and the US. The Firm concentrates its investment efforts in the Western and Mid-western regions of both countries. Target businesses generally have enterprise values of $25 to $150 million and are profitable with $5 to $30 million of EBITDA. Parallel49 pursues acquisitions of public or private companies, management-led buyouts, recapitalizations and sales of subsidiaries of larger companies. Broad areas of interest include manufacturing, service, and distribution. Parallel49 will not invest in start-ups, new technologies, turnarounds or companies active in real estate development, gaming, restaurant or primary resource sectors. Parallel49 was formerly known as Tricor Pacific Capital. The Firm has offices in Vancouver, British Columbia, and Chicago, Illinois.


Investment Criteria

Sectors of Interest: Aerospace, Agriculture, Apparel/Textiles, Beverages, Building Materials, Business Services, Chemicals, Consumer Products, Consumer Services, Distribution, Education, Energy Services and Equipment, Engineering, Environmental, Financial Services, Food, Forest Products, Healthcare Services, Infrastructure, Leisure, Machinery, Manufacturing, Marketing, Media, Metals/Mining, Oil/Gas Exploration, Packaging, Real Estate, Safety/Security, Technology Hardware, Transportation, Utilities

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Going Private, Recapitalization, PIPE, Secondary Buyout, Stake Purchase

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA 5 30
Investment Size - -
Enterprise Value 25 150
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 24 - - - 1 - 25
Sell (1.4/yr) # 15 1 1 3 1 1 22
vol $1.6B $1.6B
  47

Most Recent M&A

Company Date Value Type
Questco Companies 2024-07-31 - Secondary Sale
The Woodlands, Texas · www.questco.net
Road Safety Services, Inc. 2023-12-12 - Secondary Sale
Omaha, Nebraska · www.roadssinc.com
Eden Valders Stone 2023-06-01 - Growth Capital
Eden, Wisconsin · www.evstone.net
MedTorque, Inc. 2022-07-14 - Trade Sale
Elmhurst, Illinois · www.medtorque.com
Gold Standard Baking, Inc. 2022-06-23 - Trade Sale
Chicago, Illinois · www.goldstandardbaking.com
Certified Recycling, Inc. 2022-04-25 - Secondary Sale
Anaheim, California · www.certifiedwastesolutions.com
Kinetrex Energy 2021-07-16 - Trade Sale
Indianapolis, Indiana · www.kinetrexenergy.com
BFG Supply Co. 2020-02-04 - Secondary Sale
Burton, Ohio · www.bfgsupply.com
Avison Young, Inc. 2018-08-24 - Secondary Sale
Toronto, Ontario · www.avisonyoung.com
Road Safety Services, Inc. 2017-11-30 - Consolidation
Omaha, Nebraska · www.roadssinc.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Packaging - - 4 (15%) -
Food - - 3 (12%) -
Building Materials 1 (50%) - 2 (8%) -
Chemicals 1 (50%) - 2 (8%) -
Energy Services and Equipment - - 2 (8%) -
Metals/Mining - - 2 (8%) -
Automotive - - 1 (4%) -
Business Services - - 1 (4%) -
Distribution - - 1 (4%) -
Engineering - - 1 (4%) -
Environmental - - 1 (4%) -
Financial Services - - 1 (4%) -
Forest Products - - 1 (4%) -
Manufacturing - - 1 (4%) -
Media - - 1 (4%) -
Real Estate - - 1 (4%) -
Safety/Security - - 1 (4%) -
Total 2 - 26 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 1 (50%) - 13 (50%) -
  Nebraska - - 2 (8%) -
  Illinois - - 2 (8%) -
  California - - 2 (8%) -
  Wisconsin 1 (50%) - 1 (4%) -
  Ohio - - 1 (4%) -
  Kansas - - 1 (4%) -
  Indiana - - 1 (4%) -
  Colorado - - 1 (4%) -
  Washington - - 1 (4%) -
  Texas - - 1 (4%) -
Canada 1 (50%) - 13 (50%) -
  British Columbia - - 6 (23%) -
  Ontario - - 4 (15%) -
  Alberta 1 (50%) - 2 (8%) -
  Saskatchewan - - 1 (4%) -
Domestic 1 (50%) - 13 (50%) -
Cross-border 1 (50%) - 13 (50%) -
Total 2 - 26 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 1 (50%) - 15 (58%) -
Secondary Buyout - - 4 (15%) -
Divestiture - - 2 (8%) -
Growth Capital 1 (50%) - 2 (8%) -
Consolidation - - 1 (4%) -
PIPE - - 1 (4%) -
Stake Purchase - - 1 (4%) -
Total 2 - 26 -

Exits by Deal Type

Type Total # Value
Secondary Sale 7 (32%) -
Trade Sale 5 (23%) 905M (58%)
IPO 5 (23%) -
Trade Sale - Public Company 4 (18%) 653M (42%)
Sold to Management 1 (5%) -
Total 22 $1.6B

Top M&A Advisors

Financial Deals
Lazard Ltd.
 1
Piper Sandler & Co.
 1
Legal Deals
McCarthy Tétrault
 1
DLA Piper
 1
Honigman
 1

Deal Values

sell # Total
$100M to $1B 4 $1.6B
TOTAL $1.6B
Largest Pacifica Papers, Inc.
$905M (2001-08-27)

M&A Connections

Deals
Acquired from
Investor(s)
19%
5 (19%)
Strategic(s)
8%
2 (8%)
Exited to
Investor(s)
36%
8 (36%)
Strategic(s)
41%
9 (41%)

Investor Summary

Investor Type

Private Equity Firm

Size

Large

PE Assets

1.0B USD

Established

1996

Specialist/Generalist

Generalist

Leadership

Bradley Seaman

Managing Partner

Jack Westerman

Managing Director

Jon Dries

Managing Director

Nick Peters

Managing Director

Scott Daum

Managing Director

FAQ

When was Parallel49 Equity founded?

Parallel49 Equity was founded in 1996.

What type of investor is Parallel49 Equity?

Parallel49 Equity is a private equity firm.

Where is Parallel49 Equity headquartered?

Parallel49 Equity is headquartered in Lake Forest, Illinois.

How much capital does Parallel49 Equity have under management?

Parallel49 Equity has 1.0B USD under management.

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