Investment Summary

Alterna Equity Partners and Patriot Capital Invest In Mod Op

On February 15, 2022, private equity firms Alterna Equity Partners and Patriot Capital invested in marketing company Mod Op

Investment Highlights
  • This is Alterna Equity Partners’ 1st and Patriot Capital’s 2nd transaction in the Marketing sector.
  • This is Alterna Equity Partners’ 2nd and Patriot Capital’s 97th transaction in the United States.
  • This is Alterna Equity Partners’ 2nd and Patriot Capital’s 4th transaction in Florida.

Investment Summary

Date 2022-02-15
Target Mod Op
Sector Marketing
Investor(s) Alterna Equity Partners
Patriot Capital
Deal Type Growth Capital

Target

Mod Op

Miami, Florida, United States
Mod Op is a full-service agency providing brand strategy, advertising, creative development and design, digital marketing, public relations, research, SEO, social media marketing, video production and web development to clients in both the B2C and B2B markets. With offices in New York, Dallas, Los Angeles, Miami, Portland and Panama City, Panama, Mod Op pairs data and innovation with the expertise to best serve clients across the U.S. and Latin America. Mod Op was founded in 2017 and is based in Miami, Florida.

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Investor(S) 2

DESCRIPTION

Alterna Equity Partners (AEP) is a private equity firm focused on control and non-control investments in lower-middle market companies across the US. The Firm seeks to partner with founders and management teams in stable businesses with EBITDA of $3 to $15 million and revenues between $10 and $150 million. AEP typically invests $5 to $20 million per transaction to support consolidations, transitions, and buyouts of companies with high free cash flow, diversified customers, and strong competitive advantages. Sectors of interest include business services, niche manufacturing, education, healthcare, industrials, and consumer products. Alterna Equity Partners was established in 2015 and is based in Fort Lauderdale, Florida.


DEAL STATS #
Overall 2 of 3
Sector (Marketing) 1 of 1
Type (Growth Capital) 2 of 2
State (Florida) 2 of 3
Country (United States) 2 of 3
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-02 Alterna Capital Solutions

Orlando, Florida, United States

Alterna Capital Solutions provides flexible financing solutions including invoice financing with full-service accounts receivable management, asset-based lending, credit facilities up to $50 million and other complimentary financing options made available through ACS partners. Alterna Capital Solutions was founded in 2018 and is based in Orlando, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-14 Bulk Express

Miami, Florida, United States

Bulk Express is a professional transportation and logistics company providing long-haul transportation, collection, and loading of waste and other materials across the state of Florida. Bulk Express was founded in 1992 and is based in Miami, Florida.

Buy -
Investor

Patriot Capital

Baltimore, Maryland, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Patriot Capital is a private investment firm that provides equity and junior capital to support acquisitions, growth capital financings, management buyouts, and recapitalizations of middle-market companies. The Firm looks to invest $5 to $25 million in businesses generating revenues of $10 to $200 million. Areas of interest include business and consumer services, consumer products, niche manufacturing and distribution, education, e-commerce, application software, transportation, and telecom services. Patriot focuses its investment activity with the Mid-Atlantic, Midwest, and Southern areas of the US. Patriot Capital is based in Baltimore, Maryland.


DEAL STATS #
Overall 97 of 108
Sector (Marketing) 2 of 2
Type (Growth Capital) 22 of 27
State (Florida) 4 of 4
Country (United States) 97 of 108
Year (2022) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Alto Health Care Staffing

Dayton, Ohio, United States

Alto Health Care Staffing is a diversified healthcare staffing firm. Alto's three key business lines include providing clinical temporary staffing primarily for nursing homes and long-term care facilities on a per diem or short-term contract basis; travel nurses primarily to hospitals; and medical assistants to doctors' offices. Alto Health Care Staffing was founded in 2003 and is based in Dayton, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-07 TopDown

North Hollywood, California, United States

TopDown is a designer, manufacturer, and supplier of automotive aftermarket products. TopDown was founded in 1979 and is based in North Hollywood, California.

Buy -