M&A Deal Summary

Salem Investment Partners Acquires Nixon Power Services

On April 1, 2014, mezzanine finance firm Salem Investment Partners acquired energy services and equipment company Nixon Power Services

Acquisition Highlights
  • This is Salem Investment Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is Salem Investment Partners’ 15th transaction in the United States.
  • This is Salem Investment Partners’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2014-04-01
Target Nixon Power Services
Sector Energy Services and Equipment
Buyer(s) Salem Investment Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Nixon Power Services

Brentwood, Tennessee, United States
Nixon Power Services is a designer, installs, and services power systems. Nixon is the authorized distributor for Kohler Company and General Electric-Jenbacher. Nixon Power Services was established in 1914 and is based in Brentwood, Tennessee.

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Buyer(S) 1

Buyer

Salem Investment Partners

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1999
PE ASSETS 450M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Salem Investment Partners specializes in debt and equity investments in privately-held, middle-market businesses across the Southeast and Mid-Atlantic regions of the US. Salem looks to invest $2 to $10 million per transaction to help support growth, acquisitions, recapitalizations, and buyouts. Sectors of interest include business services, light manufacturing, consumer products, and distribution. Salem Investment Partners was formed in 1999 and is based in Greensboro, North Carolina.

DEAL STATS #
Overall 15 of 56
Sector (Energy Services and Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 8 of 39
State (Tennessee) 1 of 3
Country (United States) 15 of 56
Year (2014) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-01 G&G Forest Products

Harmony, North Carolina, United States

G&G Forest Products is a remanufacturer of lumber products. G&G also provides kiln drying, planing, and remanufacturing services. G&G Forest Products was established in 1973 and is based in Harmony, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-19 Fibrix

Conover, North Carolina, United States

Fibrix LLC is a manufacturer of precision-crafted, nonwoven materials for use in filtration, furniture, and bedding, industrial and craft markets. Fibrix is based in Conover, North Carolina.

Buy -
Mergr

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