M&A Deal Summary

McNally Capital, Coughlin Capital and Beverly Capital Acquire ITS Logistics

On February 26, 2015, private equity firm McNally Capital, family office Coughlin Capital and private equity firm Beverly Capital acquired transportation company ITS Logistics

Acquisition Highlights
  • This is McNally Capital’s 1st, Coughlin Capital’s 1st and Beverly Capital’s 1st transaction in the Transportation sector.
  • This is McNally Capital’s 3rd, Coughlin Capital’s 1st and Beverly Capital’s 10th transaction in the United States.
  • This is McNally Capital’s 1st, Coughlin Capital’s 1st and Beverly Capital’s 1st transaction in Nevada.
Investment Fate
  • ITS Logistics was sold to a consortium of financial buyers in 2021.

M&A Deal Summary

Date 2015-02-26
Target ITS Logistics
Sector Transportation
Buyer(s) McNally Capital
Coughlin Capital
Beverly Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) G2 Capital Advisors (Financial)

Target

ITS Logistics

Sparks, Nevada, United States
ITS Logistics is a third-party logistics provider that delivers a variety of services in supply chain management, freight logistics, distribution/fulfillment, and transportation management. ITS Logistics was founded in 1999 and is based in Sparks, Nevada.

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Buyer(S) 3

DESCRIPTION

McNally Capital is a family office that partners with other family offices to acquire and invest in lower middle-market business services and manufacturing companies. The Firm targets control or minority investments in US-based companies with $5 to $30 of EBITDA. Specific areas of interest include industrials, food/beverages, aerospace/defense, healthcare, energy, and packaging. McNally Capital was established in 2007 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 12
Sector: Transportation M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 2
State: Nevada M&A 1 of 1
Country: United States M&A 3 of 12
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 AMI

Costa Mesa, California, United States

AMI designs and manufactures oxygen analyzers and sensors, primarily serving the natural gas sector. AMI was founded in 1995 and is based in Costa Mesa, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-21 Genesys Aerosystems Group

Mineral Wells, Texas, United States

Genesys Aerosystems is a provider of integrated avionics systems for military and civil aircraft manufacturers and operators. Genesys Aerosystems offers a diverse and growing product line which includes 3D Synthetic Vision Electronic Flight Instrument Systems, S-TEC Analog and Digital Autopilots, HeliSAS® Helicopter Autopilot and Stability Augmentation System, as well as sensors and components. Genesys Aerosystems was established in 2014 and is based in Mineral Wells, Texas.

Buy -
DESCRIPTION

Coughlin Capital is a family office and private investment firm focused on acquiring lower middle-market companies automotive supply chain and high efficiency lighting companies. The Firm pursues profitable companies with $1 to $3 million of EBITDA and up to $30 million of revenue. Prospective businesses generally possess established customers and revenue streams. Coughlin Capital was formed in 2007 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 1 of 2
Sector: Transportation M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 2
State: Nevada M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 ITS Logistics

Sparks, Nevada, United States

ITS Logistics is a third-party logistics provider that delivers a variety of services in supply chain management, freight logistics, distribution/fulfillment, and transportation management. ITS Logistics was founded in 1999 and is based in Sparks, Nevada.

Sell -
Buyer

Beverly Capital

Park City, Utah, United States

Investor


Category Private Equity Firm
Founded 2010
Size Small
Type Sector Focused
DESCRIPTION

Beverly Capital LLC is a private investment firm that provides equity and mezzanine financing to lower middle market companies. Beverly targets profitable companies with $2 to $8 million of EBITDA. Areas of interest includes healthcare and outsourced business services. Prospective transaction situations include recapitalizations, minority growth investments, and strategic acquisitions. Beverly Capital LLC is based in Highland Park, Illinois.


DEAL STATS #
Overall 11 of 15
Sector: Transportation M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 7 of 10
State: Nevada M&A 1 of 1
Country: United States M&A 10 of 14
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Stepping Stones Group

Lafayette, Colorado, United States

Stepping Stones Group is a provider of therapeutic behavioral health services to a variety of public school districts and private learning centers. Stepping Stones Group is based in Lafayette, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-01 Hunt Valve

Salem, Ohio, United States

Hunt Valve specializes in severe-duty valves and complementary engineered components and system solutions for applications that include primary metals (steel, aluminum), energy (nuclear, hydro, downstream oil & gas), process (chemical), and U. S. Navy nuclear-powered vessels, including all submarines and carriers in operation as well as the Virginia Class, Ford Class, and Columbia Class. Hunt Valve was founded in 1919 and is based in Salem, Ohio.

Buy -