Petra Capital Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Petra Capital Partners has invested in 2 companies.

Petra Capital Partners’ most common sectors for investment arehealthcare services (23%) and business services (16%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (45%) and growth capital (27%). In total, Petra Capital Partners has invested in 20 US states.

In the last 3 years, Petra Capital Partners has exited 9 companies. The Firm’s most common exit type is trade sale (59%). Petra Capital Partners’ largest (disclosed) exit occurred in 2011 when it sold SpecialtyCare for $2.3B.

Join Mergr to view Petra Capital Partners’ full profile and discover more middle-market private equity firm investors just like it.

M&A Summary

  • M&A Total Activity74
    • M&A Buy Activity45
    • M&A Sell Activity29
  • Total Sectors Invested 16
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 45

Petra Capital Partners

3825 Bedford Avenue, Suite 101,
Nashville, Tennessee 37215
United States
(615) 313-5999
www.petracapital.com
mwb@petracapital.com

Petra Capital Partners is a private investment firm that invests in US-based, high-growth businesses operating in the business services, healthcare services, media/publishing, telecom, IT, and information services sectors. Target companies are generally cash-flow positive with revenues in excess of $10 million and growth rates above 20%. Petra can commit up to $20 million per transaction. The Firm typically invests in subordinated debentures with warrants to purchase equity securities. Petra Capital Partners is licensed as a SBIC. The Firm was formed in 1996 and is based in Nashville, Tennessee.


Investment Criteria

Sectors of Interest: Apparel/Textiles, Automotive, Business Services, Communications, Construction, Consumer Products, Consumer Services, Education, Food, Healthcare Services, Information Technology, Internet Software and Services, Life Science, Marketing, Media, Medical Products, Publishing, Real Estate, Software, Technology Hardware, Transportation

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

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

Transaction Criteria Min Max
Target Revenue 10 100
Target EBITDA 1 10
Investment Size - 20
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.6/yr) # 42 1 - 1 1 - 45
Sell (2.0/yr) # 19 1 3 4 1 1 29
vol $2.9B $35M $726M $3.7B
  74

Most Recent M&A

Company Date Value Type
DataPath, Inc. 2023-11-16 - Trade Sale
Duluth, Georgia · www.datapath.com
Shipley Associates 2022-09-06 - Growth Capital
Kaysville, Utah · www.shipleywins.com
Pragmatic Institute LLC 2022-07-11 - Secondary Sale
Phoenix, Arizona · www.pragmaticmarketing.com
Lone Star Overnight 2021-12-01 - Secondary Sale
Austin, Texas · www.lso.com
T2 Systems, Inc. 2021-11-02 356M USD Trade Sale
Indianapolis, Indiana · www.t2systems.com
JLab Audio, Inc. 2021-04-15 370M USD Trade Sale
Tucson, Arizona · www.jlabaudio.com
CareMetx LLC 2021-04-06 - Recapitalization
Bethesda, Maryland · www.caremetx.com
Aging with Comfort 2021-04-01 - Growth Capital
Philadelphia, Pennsylvania · www.agingwithcomfort.com
Health Essentials LLC 2020-09-09 - Trade Sale
Irvine, California · www.remitahealth.com
Lineagen, Inc. 2020-08-24 - Trade Sale
Salt Lake City, Utah · www.lineagen.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Highstreet IT Solutions LLC 2013-05-03 Highstreet Network Solutions 2019-02-15 1
Rockville, Maryland · www.highstreetit.com Islandia, New York

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services 4 (36%) - 10 (22%) -
Business Services 2 (18%) - 7 (16%) -
Information Technology 2 (18%) - 5 (11%) -
Internet Software and Services - - 4 (9%) -
Communications - - 3 (7%) -
Consumer Products - - 2 (4%) -
Consumer Services 2 (18%) - 2 (4%) -
Life Science 1 (9%) - 2 (4%) -
Technology Hardware - - 2 (4%) -
Transportation - - 2 (4%) -
Automotive - - 1 (2%) -
Education - - 1 (2%) -
Food - - 1 (2%) -
Marketing - - 1 (2%) -
Medical Products - - 1 (2%) -
Software - - 1 (2%) -
Total 11 - 45 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 11 (100%) - 45 (100%) -
  Texas 2 (18%) - 11 (24%) -
  Utah 2 (18%) - 3 (7%) -
  Florida 2 (18%) - 3 (7%) -
  Tennessee 1 (9%) - 3 (7%) -
  Indiana - - 3 (7%) -
  Arizona - - 3 (7%) -
  North Carolina 1 (9%) - 2 (4%) -
  Maryland 1 (9%) - 2 (4%) -
  Massachusetts - - 2 (4%) -
  Illinois - - 2 (4%) -
  Georgia - - 2 (4%) -
  Pennsylvania 1 (9%) - 1 (2%) -
  New Jersey 1 (9%) - 1 (2%) -
  Oklahoma - - 1 (2%) -
  Ohio - - 1 (2%) -
  New York - - 1 (2%) -
  Missouri - - 1 (2%) -
  Kansas - - 1 (2%) -
  Colorado - - 1 (2%) -
  California - - 1 (2%) -
Total 11 - 45 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 3 (27%) - 20 (44%) -
Growth Capital 6 (55%) - 12 (27%) -
Venture 1 (9%) - 6 (13%) -
Recapitalization 1 (9%) - 2 (4%) -
Secondary Buyout - - 2 (4%) -
Consolidation - - 1 (2%) -
Divestiture - - 1 (2%) -
Stake Purchase - - 1 (2%) -
Total 11 - 45 -

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 9 (31%) 1.1B (31%)
Trade Sale 9 (31%) 35M (1%)
Secondary Sale 8 (28%) 2.5B (68%)
Bankruptcy 1 (3%) -
IPO 1 (3%) -
Recapitalization 1 (3%) -
Total 29 $3.7B

Deal Values

sell # Total
> $1B 1 $2.3B
$100M to $1B 5 $1.3B
< $100M 1 $35M
TOTAL $3.7B
Largest SpecialtyCare, Inc.
$2.3B (2011-05-24)

M&A Connections

Deals
Acquired from
Investor(s)
4%
2 (4%)
Strategic(s)
2%
1 (2%)
Exited to
Investor(s)
31%
9 (31%)
Strategic(s)
59%
17 (59%)

Investor Summary

Investor Type

Private Equity Firm

Size

Middle-Market

PE Assets

400M USD

Established

1996

Specialist/Generalist

Generalist

Leadership

Michael Blackburn

Co-Founder & Managing Partner

David Fitzgerald

Partner

Douglas Owen

Partner

Melanie Beavon

CFO

Carol Collins

CAO

FAQ

When was Petra Capital Partners founded?

Petra Capital Partners was founded in 1996.

What type of investor is Petra Capital Partners?

Petra Capital Partners is a private equity firm.

Where is Petra Capital Partners headquartered?

Petra Capital Partners is headquartered in Nashville, Tennessee.

How much capital does Petra Capital Partners have under management?

Petra Capital Partners has 400M USD under management.

 Subscribe to unlock this and 196,870
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
1 Week Free Trial Learn 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
  • 4.5K Private Equity Firms
  • 187K M&A Transactions
  • 192K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 74K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal