Investment Summary

Monitor Clipper Partners Invests In OnTrac Final Mile

On December 1, 2012, private equity firm Monitor Clipper Partners invested in transportation company OnTrac Final Mile

Investment Highlights
  • This is Monitor Clipper Partners’ 4th transaction in the Transportation sector.
  • This is Monitor Clipper Partners’ 33rd transaction in the United States.
  • This is Monitor Clipper Partners’ 4th transaction in Virginia.
Investment Fate
  • OnTrac Final Mile was sold to a consortium of financial buyers in 2018.
  • OnTrac Final Mile was sold to a consortium of financial buyers in 2021.

Investment Summary

Date 2012-12-01
Target OnTrac Final Mile
Sector Transportation
Investor(s) Monitor Clipper Partners
Deal Type Growth Capital

Target

OnTrac Final Mile

Vienna, Virginia, United States
OnTrac is the parcel carrier of choice for last-mile e-commerce deliveries that helps retailers and shippers build a competitive advantage through faster delivery times, lower costs, coast-to-coast coverage, and reliable on-time performance. OnTrac was founded in 1986 and is based in Vienna, Virginia.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Monitor Clipper Partners


Category Private Equity Firm
Founded 1998
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Monitor Clipper Partners (MCP) is a private equity group formed by consulting firm The Monitor Group and private equity firm The Clipper Group. MCP targets private equity investments in middle-market companies in North America and Western Europe and looks to commit $10 to $70 million of equity per transaction. MCP does not focus on any particular sector but current portfolio companies suggest an interest in business services, natural/organic foods, specialty retail, health care services, gaming, logistics, mortgage technology, marketing services, financial services and metals. The Firm will consider both control and minority positions. Monitor Clipper Partners was formed in 1998 and is based in Cambridge, Massachusetts with additional offices in Zurich, Switzerland, Toronto, Canada, Luxembourg and London, United Kingdom.


DEAL STATS #
Overall 41 of 41
Sector: Transportation M&A 4 of 4
Type: Growth Capital M&A Deals 4 of 4
State: Virginia M&A 4 of 4
Country: United States M&A 33 of 33
Year: 2012 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Capital Vision Services

Vienna, Virginia, United States

Capital Vision Services manages independently owned optometry practices which operate under the trade name MyEyeDr. and are recognized leaders in full scope optometry and personalized optical services. Capital Vision Services is the nation’s largest and most experienced practice management services company with the goal of protecting independent optometry. Capital Vision Services was founded in 2001 and is based in Vienna, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-15 Mortgage Cadence

Denver, Colorado, United States

Mortgage Cadence is a provider of mortgage technology solutions to leading financial institutions in the United States. Mortgage Cadence was founded in 1999 and is based in Denver, Colorado.

Sell -