RF Investment Partners Mergers and Acquisitions Summary

Mezzanine Finance Firm Profile

In the last 3 years, RF Investment Partners has acquired 10 companies. It has also invested in 9 others.

RF Investment Partners’ most common sectors for investment aresoftware (22%) and business services (19%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (43%) and growth capital (31%). In total, RF Investment Partners has invested in 19 US states and 2 different countries.

In the last 3 years, RF Investment Partners has exited 5 companies. The Firm’s most common exit type is secondary buyout (50%). RF Investment Partners’ largest (disclosed) exit occurred in 2021 when it sold Lugano Diamonds & Jewelry for $256M.

Join Mergr to view RF Investment Partners’ full profile and discover more middle-market mezzanine finance firm investors just like it.

M&A Summary

M&A Total Activity39
- M&A Buy Activity33
- M&A Sell Activity6
Total Sectors Invested 12
Total Countries Invested 2
M&A Buy/Sell Connections 10

RF Investment Partners

501 Madison Avenue, Suite 1401,
New York, New York 10022
United States
(212) 590-2440
www.rf-partners.com

Transaction Criteria	Min	Max
Target Revenue	10	-
Target EBITDA	2	10
Investment Size	10	40
Enterprise Value	-	-
values in millions of USD

Transaction Criteria

Min

Max

Target Revenue

Target EBITDA

Investment Size

Enterprise Value

values in millions of USD

Year	≤ '19	'20	'21	'22	'23	'24	T
Buy (4.2/yr)	#	12	2	7	7	3	2	33
Sell (1.0/yr)	#	1	-	3	1	1	-	6
vol			$256M				$256M
	39

Year

≤ '19

'20

'21

'22

'23

'24

Buy (4.2/yr)

Sell (1.0/yr)

vol

$256M

Company	Date	Value	Type
Rent-A-John, Inc.	2024-08-28	-	Buyout (LBO, MBO, MBI)
Wilmington, North Carolina · www.rentajohninc.com
TrackNow, Inc.	2024-08-06	-	Acquisition Financing
Springville, Utah · www.covr.care
Nextpoint, Inc.	2023-07-25	-	Growth Capital
Chicago, United States · www.nextpoint.com
High-End Home Services Co.	2023-07-01	-	Buyout (LBO, MBO, MBI)
, United States
GrowthZone	2023-05-16	-	Secondary Sale
Nisswa, Minnesota · www.growthzone.com
Ally Waste	2023-02-09	-	Growth Capital
Mesa, Arizona · www.allywaste.com
Riverside Oral Surgery Management, LLC	2022-12-19	-	Stake Purchase
River Edge, New Jersey · www.riversideoralsurgery.com
Blackthorn.io, Inc.	2022-11-17	-	Growth Capital
New York, New York · www.blackthorn.io
Health Media Network LLC	2022-10-21	-	Trade Sale
Norwalk, Connecticut · www.hmnads.com
MAX Surgical Specialty Management	2022-09-01	-	Buyout (LBO, MBO, MBI)
Hackensack, New Jersey · www.max-ssm.com
View All >>

Company

Date

Value

Type

Rent-A-John, Inc.

2024-08-28

Buyout (LBO, MBO, MBI)

Wilmington, North Carolina · www.rentajohninc.com

TrackNow, Inc.

2024-08-06

Acquisition Financing

Springville, Utah · www.covr.care

Nextpoint, Inc.

2023-07-25

Growth Capital

Chicago, United States · www.nextpoint.com

High-End Home Services Co.

2023-07-01

Buyout (LBO, MBO, MBI)

, United States

GrowthZone

2023-05-16

Secondary Sale

Nisswa, Minnesota · www.growthzone.com

Ally Waste

2023-02-09

Growth Capital

Mesa, Arizona · www.allywaste.com

Riverside Oral Surgery Management, LLC

2022-12-19

Stake Purchase

River Edge, New Jersey · www.riversideoralsurgery.com

Blackthorn.io, Inc.

2022-11-17

Growth Capital

New York, New York · www.blackthorn.io

Health Media Network LLC

2022-10-21

Trade Sale

Norwalk, Connecticut · www.hmnads.com

MAX Surgical Specialty Management

2022-09-01

Buyout (LBO, MBO, MBI)

Hackensack, New Jersey · www.max-ssm.com

View All >>

Company	Acquired	Add-On/Sale	Date	#
Comply365 LLC	2020-12-14	Vistair Systems Ltd.	2024-01-08	2
Beloit, Wisconsin · www.comply365.com	Bristol, United Kingdom · www.vistair.com
InterCool USA LLC	2019-06-01	Freije-RSC Engineering Solutions Co. - Industrial Refrigeration Division	2019-07-01	1
Carrollton, Texas · www.intercoolusa.com	, Indiana

Company

Acquired

Add-On/Sale

Date

Comply365 LLC

2020-12-14

Vistair Systems Ltd.

2024-01-08

Beloit, Wisconsin · www.comply365.com

Bristol, United Kingdom · www.vistair.com

InterCool USA LLC

2019-06-01

Freije-RSC Engineering Solutions Co. - Industrial Refrigeration Division

2019-07-01

Carrollton, Texas · www.intercoolusa.com

, Indiana

Sector	Current #	Value	All-time #	Value
Software	6 (25%)	-	7 (21%)	-
Business Services	4 (17%)	-	6 (18%)	-
Healthcare Services	4 (17%)	-	4 (12%)	-
Internet Software and Services	4 (17%)	-	4 (12%)	-
Consumer Products	2 (8%)	-	3 (9%)	-
Distribution	-	-	2 (6%)	-
Engineering	2 (8%)	-	2 (6%)	-
Construction	-	-	1 (3%)	-
Consumer Services	1 (4%)	-	1 (3%)	-
Environmental	1 (4%)	-	1 (3%)	-
Marketing	-	-	1 (3%)	-
Safety/Security	-	-	1 (3%)	-
Total	24	-	33	-

Sector

Current #

Value

All-time #

Value

Software

6 (25%)

7 (21%)

Business Services

4 (17%)

6 (18%)

Healthcare Services

4 (17%)

4 (12%)

Internet Software and Services

4 (17%)

4 (12%)

Consumer Products

2 (8%)

3 (9%)

Distribution

2 (6%)

Engineering

2 (8%)

2 (6%)

Construction

1 (3%)

Consumer Services

1 (4%)

1 (3%)

Environmental

1 (4%)

1 (3%)

Marketing

1 (3%)

Safety/Security

1 (3%)

Total

State/Country	Current #	Value	All-time #	Value
United States	23 (96%)	-	32 (97%)	-
	New Jersey	3 (13%)	-	4 (12%)	-
	Tennessee	2 (8%)	-	3 (9%)	-
	Wisconsin	2 (8%)	-	2 (6%)	-
	Utah	2 (8%)	-	2 (6%)	-
	Florida	2 (8%)	-	2 (6%)	-
	North Carolina	1 (4%)	-	2 (6%)	-
	New York	1 (4%)	-	2 (6%)	-
	Louisiana	1 (4%)	-	2 (6%)	-
	California	-	-	2 (6%)	-
	Arizona	1 (4%)	-	1 (3%)	-
	Texas	1 (4%)	-	1 (3%)	-
	Rhode Island	1 (4%)	-	1 (3%)	-
	Pennsylvania	1 (4%)	-	1 (3%)	-
	Oregon	1 (4%)	-	1 (3%)	-
	Maryland	1 (4%)	-	1 (3%)	-
	Indiana	1 (4%)	-	1 (3%)	-
	Connecticut	-	-	1 (3%)	-
	Minnesota	-	-	1 (3%)	-
Canada	1 (4%)	-	1 (3%)	-
	Ontario	1 (4%)	-	1 (3%)	-
Total	24	-	33	-

State/Country

Current #

Value

All-time #

Value

United States

23 (96%)

32 (97%)

New Jersey

3 (13%)

4 (12%)

Tennessee

2 (8%)

3 (9%)

Wisconsin

2 (8%)

2 (6%)

Utah

2 (8%)

2 (6%)

Florida

2 (8%)

2 (6%)

North Carolina

1 (4%)

2 (6%)

New York

1 (4%)

2 (6%)

Louisiana

1 (4%)

2 (6%)

California

2 (6%)

Arizona

1 (4%)

1 (3%)

Texas

1 (4%)

1 (3%)

Rhode Island

1 (4%)

1 (3%)

Pennsylvania

1 (4%)

1 (3%)

Oregon

1 (4%)

1 (3%)

Maryland

1 (4%)

1 (3%)

Indiana

1 (4%)

1 (3%)

Connecticut

1 (3%)

Minnesota

1 (3%)

Canada

1 (4%)

1 (3%)

Ontario

1 (4%)

1 (3%)

Total

Type	Current #	Value	All-time #	Value
Buyout (LBO, MBO, MBI)	12 (50%)	-	14 (42%)	-
Growth Capital	7 (29%)	-	10 (30%)	-
Secondary Buyout	1 (4%)	-	3 (9%)	-
Recapitalization	1 (4%)	-	2 (6%)	-
Stake Purchase	1 (4%)	-	2 (6%)	-
Acquisition Financing	1 (4%)	-	1 (3%)	-
Consolidation	1 (4%)	-	1 (3%)	-
Total	24	-	33	-

Type

Current #

Value

All-time #

Value

Buyout (LBO, MBO, MBI)

12 (50%)

14 (42%)

Growth Capital

7 (29%)

10 (30%)

Secondary Buyout

1 (4%)

3 (9%)

Recapitalization

1 (4%)

2 (6%)

Stake Purchase

1 (4%)

2 (6%)

Acquisition Financing

1 (4%)

1 (3%)

Consolidation

1 (4%)

1 (3%)

Total

Type	Total #	Value
Secondary Sale	3 (50%)	256M (100%)
Merger	1 (17%)	-
Stake Sale	1 (17%)	-
Trade Sale	1 (17%)	-
Total	6	$256M

Type

Total #

Value

Secondary Sale

3 (50%)

256M (100%)

Merger

1 (17%)

Stake Sale

1 (17%)

Trade Sale

1 (17%)

Total

$256M

sell	#	Total
$100M to $1B	1	$256M
TOTAL	$256M
Largest	Lugano Diamonds & Jewelry, Inc. $256M (2021-09-07)

sell

Total

$100M to $1B

$256M

TOTAL

$256M

Largest

Lugano Diamonds & Jewelry, Inc.
$256M (2021-09-07)

		Deals
Acquired from
Investor(s)	9%	3 (9%)
Exited to
Investor(s)	67%	4 (67%)
Strategic(s)	33%	2 (33%)

Deals

Acquired from

Investor(s)

3 (9%)

Exited to

Investor(s)

4 (67%)

Strategic(s)

2 (33%)

FAQ

When was RF Investment Partners founded?

RF Investment Partners was founded in 2016.

What type of investor is RF Investment Partners?

RF Investment Partners is a mezzanine finance firm.

Where is RF Investment Partners headquartered?

RF Investment Partners is headquartered in New York, New York.

How much capital does RF Investment Partners have under management?

RF Investment Partners has 683M USD under management.

RF Investment Partners Mergers and Acquisitions Summary

Mezzanine Finance Firm Profile

M&A Summary