Merger • Business Services

SolutionWorks Acquires Catastrophe Solutions International

On March 23, 2020, SolutionWorks acquired business services company Catastrophe Solutions International from Concentric Equity Partners

Acquisition Context
  • This is SolutionWorks’ 1st transaction in the Business Services sector.
  • This is SolutionWorks’ 1st transaction in the United States.
  • This is SolutionWorks’ 1st transaction in Missouri.

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M&A Deal Summary

Date March 23, 2020
Target Catastrophe Solutions International
Sector Business Services
Buyer(s) SolutionWorks
Sellers(s) Concentric Equity Partners
Deal Type Merger

Target Company

Catastrophe Solutions International

Maryland Heights, Missouri, United States
Catastrophe Solutions International is a provider of claims and repair solutions for hail-damaged vehicles using Paintless Dent Repair (PDR), a unique process by which minor dings and dents are removed using highly specialized craftsmanship. Catastrophe Solutions International was founded in 2010 and is based in Maryland Heights, Missouri.
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Buyer Overview 1

Buyer

SolutionWorks

Maryland Heights, Missouri, United States

Category Company
Sector Automotive
DESCRIPTION

SolutionWorks provides paintless dent repair services largely related to automobile hail damage both at its original retail location, as well as through a network of auto body repair shops and insurance company relationships throughout the United States. SolutionWorks is based in Maryland Heights, Missouri.


Deal Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Merger 1 of 1
State: Missouri 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1

Seller Profile 1

SELLER

Concentric Equity Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Concentric Equity Partners is a private equity firm that invests in profitable, growth-oriented middle-market companies. Concentric typically invests $10 to $30 million of capital per transaction, however, the Firm's historical investment range is $5 to $100 million. Areas of interest include business services, consumer services, financial services, and healthcare. Prospective transaction situations include management led buyouts, leveraged buyouts, and growth equity investments. Concentric will consider both majority and minority situations. Concentric is the direct investment arm of asset management firm, Financial Investments Corporation. Concentric Equity Partners was established in 2002 and is based in Chicago, Illinois.


Deal Context for Seller #
Overall 12 of 19
Sector: Business Services 2 of 3
Type: Merger 3 of 3
State: Missouri 1 of 1
Country: United States 12 of 19
Year: 2020 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-01 NewCo Plastics

Miami, Florida, United States

NewCo Plastics is a manufacturer of injection molded plastic and hard coated products,. NewCo Plastics was founded in 2020 and is based in Miami, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-21 Stay Alfred

Spokane Valley, Washington, United States

Stay Alfred offers short-term rentals of upscale travel apartments in the walkable downtown neighborhoods of 33 U.S. cities. Stay Alfred was founded in 2011 and is based in Spokane, Washington.

Sell -