Merit Capital Partners Mergers and Acquisitions Summary

Mezzanine Finance Firm Profile

In the last 3 years, Merit Capital Partners has acquired 6 companies.

Merit Capital Partners’ most common sectors for investment aremanufacturing (14%) and building materials (8%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (64%) and recapitalization (20%). In total, Merit Capital Partners has invested in 31 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 2007 when it acquired Digney York Associates for $20M.

In the last 3 years, Merit Capital Partners has exited 9 companies. The Firm’s most common exit type is trade sale (52%). Merit Capital Partners’ largest (disclosed) exit occurred in 2000 when it sold Williams Industrial Services Group for $310M.

Join Mergr to view Merit Capital Partners’ full profile and discover more large private equity firms just like it.

M&A Summary

  • M&A Total Activity139
    • M&A Buy Activity90
    • M&A Sell Activity49
  • Total Sectors Invested 31
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 44
  • M&A Advisors 2

Merit Capital Partners LLC

303 West Madison St., Suite 2100,
Chicago, Illinois 60606
United States
(312) 592-6111
www.meritcapital.com
mcp@meritcapital.com

Merit Capital Partners is a private investment firm that targets investments in middle market manufacturing, distribution, and service based businesses. Merit looks for companies generating at least $25 million in sales and at least $5 million in EBITDA. Merit can provide both equity and junior capital financing and looks to commit at least $20 million per transaction. Prospective transaction situations include management buyouts, recapitalizations, growth financings, divestitures, unsponsored transactions, and ESOPs. Merit Capital will not invest in start-ups, turnarounds, real estate, specialty retail, or oil/gas opportunities. Merit Capital was originally known as William Blair Mezzanine Capital and became independent in 2004. Merit was formed in 1993 and is based in Chicago, Illinois.


Investment Criteria

Sectors of Interest: Apparel/Textiles, Automotive, Beverages, Building Materials, Business Services, Chemicals, Construction, Consumer Products, Consumer Services, Defense, Distribution, Electrical Equipment, Electronics, Energy Services and Equipment, Engineering, Environmental, Food, Forest Products, Furniture, Machinery, Manufacturing, Marketing, Medical Products, Metals/Mining, Oil/Gas Exploration, Packaging, Plastics, Safety/Security, Technology Hardware, Test/Measurement Equipment, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Acquisition Financing, Secondary Buyout

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

Transaction Criteria Min Max
Target Revenue 25 -
Target EBITDA 4 -
Investment Size 15 -
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (1.4/yr) # 83 1 4 - 2 - 90
vol $20M $20M
Sell (2.0/yr) # 39 1 2 3 1 3 49
vol $1.2B $1.2B
  139

Most Recent M&A

Company Date Value Type
Rose Paving LLC 2022-11-22 - Secondary Buyout
Bridgeview, Illinois · www.rosepaving.com
Monarch Industries Ltd. 2022-09-30 - Secondary Buyout
Winnipeg, Manitoba · www.monarchindustries.com
The Liberty Group 2022-06-23 - Secondary Buyout
Houston, Texas · www.thelibertygroup.com
Propet USA, Inc. 2021-10-15 - Buyout (LBO, MBO, MBI)
Auburn, Washington · www.propetusa.com
The Liberty Group 2021-07-16 - Buyout (LBO, MBO, MBI)
Houston, Texas · www.thelibertygroup.com
Choice Slocum Holdings LLC 2021-04-19 - Add-on Acquisition
Cincinnati, Ohio · www.choiceadhesivescorp.com
Steele Solutions, Inc. 2020-05-29 - Secondary Buyout
Milwaukee, Wisconsin · www.steelesolutions.com
RSA Engineered Products LLC 2020-01-30 - Add-on Acquisition
Simi Valley, California · www.rsaeng.com
Digney York Associates LLC 2020-01-09 - Add-on Acquisition
Vienna, Virginia · www.digneyyork.com
Revision Military 2019-10-02 - Buyout (LBO, MBO, MBI)
Essex Junction, Vermont · www.revisionmilitary.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Manufacturing 4 (19%) - 12 (13%) -
Building Materials 1 (5%) - 7 (8%) -
Business Services - - 5 (6%) -
Chemicals 1 (5%) - 5 (6%) -
Electrical Equipment 1 (5%) - 5 (6%) -
Automotive - - 4 (4%) -
Food - - 4 (4%) -
Medical Products - - 4 (4%) -
Metals/Mining 1 (5%) - 4 (4%) -
Plastics - - 4 (4%) -
Apparel/Textiles 2 (10%) - 3 (3%) -
Consumer Products 2 (10%) - 3 (3%) -
Consumer Services 2 (10%) - 3 (3%) -
Distribution - - 3 (3%) -
Construction - - 2 (2%) 20M (100%)
Environmental 1 (5%) - 2 (2%) -
Healthcare Services 2 (10%) - 2 (2%) -
Machinery 1 (5%) - 2 (2%) -
Marketing 1 (5%) - 2 (2%) -
Test/Measurement Equipment 1 (5%) - 2 (2%) -
Transportation - - 2 (2%) -
Beverages - - 1 (1%) -
Defense - - 1 (1%) -
Electronics - - 1 (1%) -
Energy Services and Equipment - - 1 (1%) -
Engineering - - 1 (1%) -
Forest Products - - 1 (1%) -
Furniture - - 1 (1%) -
Information Technology 1 (5%) - 1 (1%) -
Safety/Security - - 1 (1%) -
Staffing - - 1 (1%) -
Total 21 - 90 $20M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 21 (100%) - 89 (99%) 20M (100%)
  Wisconsin 4 (19%) - 16 (18%) -
  Texas 3 (14%) - 12 (13%) -
  Illinois - - 9 (10%) -
  Michigan 1 (5%) - 4 (4%) -
  New York - - 4 (4%) -
  Ohio 2 (10%) - 3 (3%) -
  North Carolina 1 (5%) - 3 (3%) -
  Georgia 1 (5%) - 3 (3%) -
  Pennsylvania - - 3 (3%) -
  California - - 3 (3%) -
  Washington 1 (5%) - 2 (2%) -
  Minnesota 1 (5%) - 2 (2%) -
  Indiana 1 (5%) - 2 (2%) -
  Florida 1 (5%) - 2 (2%) -
  South Dakota - - 2 (2%) -
  Nebraska - - 2 (2%) -
  Massachusetts - - 2 (2%) -
  Kansas - - 2 (2%) -
  Wyoming 1 (5%) - 1 (1%) -
  Vermont 1 (5%) - 1 (1%) -
  Tennessee 1 (5%) - 1 (1%) -
  New Jersey 1 (5%) - 1 (1%) -
  Colorado 1 (5%) - 1 (1%) -
  Virginia - - 1 (1%) 20M (100%)
  South Carolina - - 1 (1%) -
  Missouri - - 1 (1%) -
  Maryland - - 1 (1%) -
  Louisiana - - 1 (1%) -
  Kentucky - - 1 (1%) -
  Iowa - - 1 (1%) -
  Alabama - - 1 (1%) -
Canada - - 1 (1%) -
  Manitoba - - 1 (1%) -
Domestic 21 (100%) - 89 (99%) 20M (100%)
Cross-border - - 1 (1%) -
Total 21 - 90 $20M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 11 (52%) - 57 (63%) -
Recapitalization 5 (24%) - 18 (20%) 20M (100%)
Secondary Buyout 2 (10%) - 10 (11%) -
Growth Capital 3 (14%) - 5 (6%) -
Total 21 - 90 $20M

Exits by Deal Type

Type Total # Value
Secondary Sale 20 (41%) 310M (30%)
Trade Sale 16 (33%) 255M (25%)
Trade Sale - Public Company 9 (18%) 454M (45%)
Unknown 3 (6%) -
Merger 1 (2%) -
Total 49 $1.0B

Top M&A Advisors

Financial Deals
Grace Matthews, Inc.
1
Lincoln International
1

Deal Values

buy # Total
< $100M 1 $20M
TOTAL $20M
Largest Digney York Associates LLC
$20M (2007-08-15)
sell # Total
$100M to $1B 5 $1.1B
< $100M 1 $74M
TOTAL $1.2B
Largest Williams Industrial Services Group, Inc.
$310M (2000-08-02)

M&A Connections

Deals
Acquired from
Investor(s)
12%
11 (12%)
Exited to
Investor(s)
43%
21 (43%)
Strategic(s)
53%
26 (53%)

 Subscribe to unlock this and 185,414
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.4K Private Equity Firms
  • 176K M&A Transactions
  • 181K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 66K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.