M&A Deal Summary

Muraflex Acquires Group LMT

On June 24, 2021, Muraflex acquired building materials company Group LMT from Calvert Street Capital Partners

Acquisition Highlights
  • This is Muraflex’s 1st transaction in the Building Materials sector.
  • This is Muraflex’s 1st transaction in Canada.
  • This is Muraflex’s 1st transaction in Quebec.

M&A Deal Summary

Date 2021-06-24
Target Group LMT
Sector Building Materials
Buyer(s) Muraflex
Sellers(s) Calvert Street Capital Partners
Deal Type Add-on Acquisition
Advisor(s) SLATE Partners LLC (Financial)

Target

Group LMT

Longueuil, Quebec, Canada
Group LMT is a manufacturer of architectural steel doors and frames, as well as a value-added distributor of wood doors and hardware. LMT Group provides single-source building entry solutions to the non-residential construction industry in Northeastern Canada. Group LMT was founded in 1972 and is based in Longueuil, Quebec.

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Buyer(S) 1

Buyer

Muraflex

Montreal, Quebec, Canada

Category Company
Sector Building Materials
DESCRIPTION

Muraflex is a manufacturer of demountable glass partitions that transform floor plans into architectural spaces. Muraflex is based in Montreal, Quebec.


DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Calvert Street Capital Partners

Lutherville, Maryland, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 526M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Calvert Street Capital Partners (CSCP) is a private equity firm that invests in mid-sized companies. CSCP will consider opportunities across the US with a preference for opportunities located in the Eastern US. The Firm generally targets investments in scalable niche manufacturing, industrial, and business service companies. CSCP looks to invest $15 to $50 million per transaction. CSCP will not invest in start-ups, early stage venture capital, real estate or in companies that develop rapidly changing technology. Calvert Street Capital Partners was formed in 1995 and is based in Baltimore, Maryland.


DEAL STATS #
Overall 9 of 11
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 5 of 7
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-30 Terra Nova Solutions

Victor, New York, United States

Terra Nova Solutions offers a wide range of industrial cleaning and environmental remediation services, including tank cleaning and decontamination, hydro blasting, industrial vacuuming, field remediation, and waste transportation and disposal.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 FDS Amplicare

Fort Worth, Texas, United States

FDS Amplicare is a provider of software and technology-enabled data solutions to the healthcare services industry. FDS Amplicare provides health care data services including prescription claims routing, prescription claims reviews & edits, robust data warehousing, e-prescribing, online DME claims processing, claims reconciliation, claims management backend services, patient education programs, and revenue-enhancing programs. FDS Amplicare was founded in 2011 and is based in Fort Worth, Texas.

Sell $177M