M&A Deal Summary |
|
|---|---|
| Date | 2012-10-08 |
| Target | Air Serv |
| Sector | Transportation |
| Buyer(s) | ABM |
| Sellers(s) |
Symmetric Capital
Petra Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 158M USD |
| Advisor(s) | Lazard Middle Market (Financial) King & Spalding (Legal) |
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| Category | Company |
|---|---|
| Founded | 1909 |
| Sector | Business Services |
| Employees | 100,000 |
| Revenue | 8.1B USD (2023) |
ABM is a provider of end-to-end integrated facility solutions services to commercial, governmental, industrial, institutional, retail, and residential facilities located primarily throughout the United States. The Company’s comprehensive capabilities include expansive facility solutions, energy solutions, commercial cleaning, maintenance and repair, HVAC, electrical, landscaping, parking and security services, provided through stand-alone or integrated solutions. ABM was incorporated in 1909 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 20 |
| Sector (Transportation) | 1 of 1 |
| Type (Add-on Acquisition) | 7 of 17 |
| State (Georgia) | 2 of 2 |
| Country (United States) | 9 of 18 |
| Year (2012) | 2 of 4 |
| Size (of disclosed) | 5 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-02 |
TEGG
Pittsburgh, Pennsylvania, United States TEGG Service Contractors are focused on protecting commercial properties, industrial facilities, educational institutions, municipalities, data centers, and healthcare facilities from electrical hazards and interruptions in electrical service. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-01 |
HHA Services
St. Clair Shores, Michigan, United States HHA Services is a provider of food and facility management services to hospitals, healthcare systems, long-term care facilities and retirement communities. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 202M USD |
| Size | Small |
| Type | Sector Agnostic |
Symmetric Capital is a private equity firm that invests in profitable growth companies in the US and Canada. Symmetric seeks to invest $5 to $25 million to help fund shareholder liquidity needs, growth, acquisitions, or debt reduction. Symmetric will consider majority or minority positions and typically looks for market-leading companies owned by their founders, a family, or small partnership. Sectors of interest include business services, healthcare and life sciences, software, IT services, applied technology, industrial products, education, logistics and distribution, and consumer products. Symmetric was formed in 2007 and is based in Waltham, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 14 |
| Sector (Transportation) | 1 of 1 |
| Type (Add-on Acquisition) | 7 of 11 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 8 of 13 |
| Year (2012) | 2 of 2 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-01 |
TekLinks
Birmingham, Alabama, United States TekLinks, Inc. is a provider of complex technology solutions and managed and cloud services to businesses throughout Alabama, Mississippi, Tennessee, and the Gulf South. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-02 |
Fleet Complete
Toronto, Ontario, Canada Fleet Complete is a provider of fleet, asset and mobile workforce management solutions and offers its software as a service to approximately 5,000 customers globally. Fleet Complete is based in Toronto, Ontario. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
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.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 30 |
| Sector (Transportation) | 1 of 2 |
| Type (Add-on Acquisition) | 3 of 17 |
| State (Georgia) | 1 of 2 |
| Country (United States) | 11 of 30 |
| Year (2012) | 1 of 2 |
| Size (of disclosed) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-01 |
Apollo Brands
Dallas, Texas, United States Apollo Brands is an operator of consumer products company that offers its retail partners and consumers quality products at an unsurpassed value by leveraging its expertise in designing and sourcing innovative goods. Apollo Brands is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-19 |
Santé Pediatric Services
Frisco, Texas, United States Santé Pediatric Services is a provider of pediatric rehabilitation services in the state. The Company offers customizable therapy programs for children that include Speech & Language Pathology, Physical Therapy and Occupational Therapy in both clinic and/or home settings. |
Sell | - |
