Investment Summary

Alleghany Capital Invests In Concord Hospitality Enterprises

On October 1, 2018, corporate investor Alleghany Capital invested in business services company Concord Hospitality Enterprises

Investment Highlights
  • This is Alleghany Capital’s 2nd transaction in the Business Services sector.
  • This is Alleghany Capital’s 6th transaction in the United States.
  • This is Alleghany Capital’s 1st transaction in North Carolina.

Investment Summary
Date 2018-10-01
Target Concord Hospitality Enterprises
Sector Business Services
Investor(s) Alleghany Capital
Deal Type Growth Capital
Advisor(s) Morris, Manning & Martin (Legal)

Target

Concord Hospitality Enterprises

Raleigh, North Carolina, United States
Concord Hospitality Enterprises Co. is a hotel development and management company. Concord has maintained an unparalleled standard of excellence across all capabilities as a hotel developer, owner, and operator, providing dedicated hotel management services to both full-service and upscale select-service properties. Together with the non-negotiables of hard work, integrity, and transparency, Concord applies a relationship-first mentality to every project. Concord Hospitality Enterprises was founded in 1985 and is based in Raleigh, North Carolina.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Alleghany Capital

Category Corporate Investor
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Alleghany Capital Corp. is the investment arm of diversified holding company Alleghany Corporation. Alleghany Capital looks to acquire majority or minority positions in profitable middle-market companies headquartered throughout North America. Alleghany Capital does not have any sector preferences and generally seeks businesses with scalable market positions, strong management, and sustainable competitive advantages. Alleghany Capital is based in New York City.

DEAL STATS #
Overall 6 of 7
Sector (Business Services) 2 of 2
Type (Growth Capital) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 6 of 7
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 Wilbert Funeral Services

Broadview, Illinois, United States

Wilbert Funeral Services is a provider of products and services for the funeral and cemetery industries and precast concrete markets. Wilbert Funeral sells other funeral industry products directly to funeral home customers through its vast distribution network. Wilbert Funeral Services was founded in 1880 and is based in Broadview, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-24 Precision Cutting Technologies

United States

Precision Cutting Technologies is a holding company with three operating businesses: (i) Bourn & Koch, Inc., a provider of precision automated machine tool solutions with a portfolio of 28 well-known brands and a focus on gear and grinding machinery; (ii) Diamond Technology Innovations, Inc., a manufacturer of waterjet orifices and nozzles and a provider of related services; and (iii) Coastal Industrial Distributors, LLC (dba CID Performance Tooling), a provider of high-performance solid carbide end mills.

Buy -
Mergr

Product

Company

Legal