Investment Summary |
|
|---|---|
| Date | 2022-12-23 |
| Target | Devansoy |
| Sector | Food |
| Investor(s) |
Akoya Capital Partners
Lightspring Capital Partners Cardinal Equity Partners |
| Deal Type | Growth Capital |
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Akoya Capital Partners is a private equity firm focused on acquiring profitable US-based middle-market companies with $25 to $200 million in revenue. The Firm generally pursues privately-owned companies, especially family-owned businesses. Sectors of interest include chemicals, food, information services, consumer products, industrial products, and industrial distribution. Akoya Capital Partners was formed in 2005 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 25 |
| Sector: Food M&A | 3 of 3 |
| Type: Growth Capital M&A Deals | 5 of 5 |
| State: Illinois M&A | 2 of 3 |
| Country: United States M&A | 24 of 25 |
| Year: 2022 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-02 |
Alinabal
Milford, Connecticut, United States Alinabal manufactures spherical rod end bearings, connecting linkages and assemblies, precision stampings, complex mechanical assemblies, special purpose printers, optical shutters, and aircraft instrumentations. Alinabal was founded in 1913 and is based in Milford, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-01 |
Peerless Fence Group
Saint Charles, Illinois, United States Peerless Fence Group is an independently owned fence company in the Midwest. Peerless Fence Group was founded in 1961 and is based in Saint Charles, Illinois. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2018 |
| PE ASSETS | 193M USD |
| Size | Small |
| Type | Sector Agnostic |
Lightspring Capital Partners is a private equity firm that looks to acquire majority positions in profitable lower middle-market companies with $10 to $75 million of revenue. The Firm will consider opportunities throughout the US, but has a preference for businesses in the Midwest. Areas of interest include niche manufacturing, value-added distribution, business services, consumer products, transportation, and logistics. Lightspring Capital Partners is based Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 12 |
| Sector: Food M&A | 2 of 2 |
| Type: Growth Capital M&A Deals | 2 of 2 |
| State: Illinois M&A | 3 of 3 |
| Country: United States M&A | 9 of 12 |
| Year: 2022 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-22 |
Great Lakes Potato Chips
Traverse, Michigan, United States Great Lakes Potato Chips is a manufacturer of kettle cooked potato chips, with unique flavors and unmatched texture. Great Lakes Potato Chips serves a diverse set of customers, including leading foodservice distributors, grocery stores, and club stores while also selling direct to consumers from its website. Great Lakes Potato Chips was founded in 2009 and is based in Traverse, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-01 |
LookOurWay
Stockton, California, United States LookOurWay is the brand of inflatable tube men in the world, with our signature Air Dancers. LookOurWay has evolved into experts in promotional advertising, focusing on custom design, and spanning a wide range of attention grabbing products, including canopy tents, giant inflatables, feather flags, trade show booths, and more!. LookOurWay was founded in 2008 and is based in Stockton, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Cardinal Equity Partners is a privately owned partnership that targets investments in lower middle-market businesses headquartered in the central portion of the US. Cardinal looks for light manufacturing, distribution, or service businesses with $5 to $50 million in revenue and at least $1 million of EBITDA. Prospective transaction situations include management buyouts, recapitalizations, family successions, and corporate spin-offs. Cardinal prefers businesses with proven management, recurring revenue, and no major customer concentration issues. Cardinal will not invest in software, heavy manufacturing, automotive, consulting, or companies with a significant percentage of non-US sales. Cardinal Equity Partners was formed in 1993 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 28 |
| Sector: Food M&A | 2 of 2 |
| Type: Growth Capital M&A Deals | 3 of 3 |
| State: Illinois M&A | 3 of 3 |
| Country: United States M&A | 28 of 28 |
| Year: 2022 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
Sanitary Solutions
West Columbia, South Carolina, United States Sanitary Solutions is a supplier of stainless steel fittings, valves, tubing and accessories to distributors serving the food and beverage industries as well as other end markets. Sanitary Solutions is based in West Columbia, South Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-13 |
EastPoint Sports
Succasunna, New Jersey, United States EastPoint Sports designs, sources, and distributes indoor and outdoor home recreational products through mass retail and e-commerce channels. The EastPoint Sports family of brands includes Go! Gater, Majik, Rec-Tek, Classic Sport, Narwhal, NHL, HEAD, PENN, Kan Jam, and Pro-Line Tailgating. EastPoint Sports was founded in 2009 and is based in Succasunna, New Jersey. |
Sell | - |