M&A Deal Summary

Advantage Capital Partners Acquires SoTel Systems

On January 1, 2015, growth capital firm Advantage Capital Partners acquired distribution company SoTel Systems from Capital For Business

Acquisition Highlights
  • This is Advantage Capital Partners’ 4th transaction in the Distribution sector.
  • This is Advantage Capital Partners’ 173rd transaction in the United States.
  • This is Advantage Capital Partners’ 27th transaction in Missouri.

M&A Deal Summary

Date 2015-01-01
Target SoTel Systems
Sector Distribution
Buyer(s) Advantage Capital Partners
Sellers(s) Capital For Business
Deal Type Secondary Buyout

Target

SoTel Systems

St. Louis, Missouri, United States
SoTel Systems specializes in the wholesale distribution of new and refurbished telephone, data services, and voice over internet protocol ('VOIP') communications equipment. SoTel Systems was founded in 1981 and is based in St. Louis, Missouri.

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Buyer(S) 1

Buyer

Advantage Capital Partners

New Orleans, Louisiana, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1992
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Advantage Capital Partners is a private equity firm focused on providing growth capital to a variety of companies. The Firm's geographic coverage includes Alabama, Colorado, Florida, Hawaii, Louisiana, Mississippi, Missouri, New York, Texas, Wisconsin and Washington DC. Advantage looks to initially commit $0.5 to $2 million per investment and can provide mezzanine debt in addition to equity capital. Areas of interest include communications, information technology, life science, and energy. Advantage Capital was formed in 1992 and is headquartered in New Orleans, Louisiana.


DEAL STATS #
Overall 173 of 272
Sector (Distribution) 4 of 4
Type (Secondary Buyout) 5 of 9
State (Missouri) 27 of 33
Country (United States) 173 of 270
Year (2015) 5 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Arcobasso Foods

Hazelwood, Montana, United States

Arcobasso Foods, Inc. is a developer of custom sauces, dressings and beverages and bottling and packaging them in a variety of forms and sizes. Arcobasso Foods was founded in 1986 and is based in Hazelwood, Montana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-12 Halifax Media Group

Daytona Beach, Florida, United States

Halifax’s strategy is to invest long-term capital in quality companies positioned in strong markets that are closely connected to the community. Our expectation is to invest for the long term.

Sell -

Seller(S) 1

SELLER

Capital For Business

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1959
PE ASSETS 150M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Capital for Business (CFB) is a private investment firm focused on providing junior capital to growing lower middle-market companies with at least $8 million in sales. CFB targets businesses serving niche consumer, commercial, distribution, manufacturing, and service markets throughout the United States. Funds are typically used to support management buyouts, leveraged buyouts, recapitalizations, corporate divestitures, growth financings, and going-private transactions. CFB will not invest in start-ups, turnarounds, unproven technologies, biotech, real estate, and financial institutions. Capital for Business was founded in 1959 and is headquartered in St. Louis, Missouri.


DEAL STATS #
Overall 6 of 19
Sector (Distribution) 1 of 3
Type (Secondary Buyout) 3 of 6
State (Missouri) 2 of 3
Country (United States) 6 of 19
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-08 Waples Manufacturing

Fort Worth, Texas, United States

Waples Manufacturing is an outsourced contract manufacturer that provides highly customized, complex-shaped products from a multitude of materials for small lot and medium volume requirements. Waples provides precision machined solutions for the oil & gas, mining, construction, aerospace, defense, and printing end markets. Waples Manufacturing was founded in 1964 and is based in Fort Worth, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 Transfer Tool Products

Grand Haven, Michigan, United States

Transfer Tool Products is a manufacturer of complex deep-drawn metal components and assemblies, specializing in high-volume production of small custom parts in steel, stainless steel, brass, aluminum, and other metal alloys. Transfer Tool Products was founded in 1985 and is based in Grand Haven, Michigan.

Buy -