M&A Deal Summary |
|
|---|---|
| Date | 2021-03-18 |
| Target | WAVE Electronics |
| Sector | Distribution |
| Buyer(s) | Altamont Capital Partners |
| Sellers(s) | AVAD |
| Deal Type | Divestiture |
| Advisor(s) | Jefferies (Financial) McDonald Hopkins (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 4.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Altamont Capital is a private equity group focused on acquiring US-based middle-market companies. The Firm has a particular interest in companies undergoing a transition, either operational or strategic, in which Altamont believes it can help navigate. Altamont can invest up to $150 million of equity per transaction and looks for businesses with EBITDA up to $100 million. The Firm prefers control transactions and targets a range of transaction types, including corporate carve-outs, build-ups, take-privates, and founder transitions. Sectors of interest include business services, financial services, industrials, healthcare, consumer, retail, restaurants, franchising, and technology. Altamont Partners was formed in 2010 and is based in Palo Alto, California.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 49 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 4 of 6 |
| State: Texas M&A | 6 of 7 |
| Country: United States M&A | 34 of 43 |
| Year: 2021 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-18 |
Kinetic Advantage
Carmel, Indiana, United States Kinetic Advantage is a floorplan finance platform. Kinetic is focused on serving independent auto dealers across the US, providing a customer-focused alternative to the legacy providers. Kinetic Advantage is based in Carmel, Indiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-04 |
Intermix
New York, New York, United States Intermix is a multi-brand specialty retailer of contemporary women’s apparel. Intermix sets itself apart from the competition by merchandising a mix of established, luxury designer labels alongside a large number of fashion-forward, up-and-coming designer labels. The company’s merchandising mandate is to be cutting edge and at the forefront of the latest trends. Intermix was formed in 1993 and is based in New York, New York. |
Buy | - |
AVAD is an AV solutions provider specializing in both residential and commercial integration. Led by a team of experienced professionals in the AV industry, we work closely with custom integrators and the industry’s top brands, to deliver cutting-edge integrated solutions for video, audio, lighting control, content management, networking, digital signage; plus whole-home and business automation. AVAD was founded in 1998 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-04 |
WAVE Electronics
Houston, Texas, United States WAVE Electronics is a distributor of connected home, audio/video, and residential security products to customers across several channels, including custom integrators, security dealers, and homebuilders, with nine locations in the US. WAVE Electronics was founded in 2002 and is based in Houston, Texas. |
Buy | - |
