M&A Deal Summary |
|
|---|---|
| Date | 2024-03-19 |
| Target | Biologos |
| Sector | Life Science |
| Buyer(s) |
Ampersand Capital Partners
Avante Capital Partners |
| Sellers(s) |
Evolve Capital
Praesidian Capital Harbert Mezzanine Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Growth Capital Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Focused |
Ampersand Capital Partners is a middle-market private equity group that concentrates on growth equity investment opportunities in the healthcare sector. The Firm looks to invest $10 to $100 million in businesses with $10 to $100 million of revenue. Specific areas of interests within healthcare include lab products, specialty diagnostic equipment, pharmaceutical outsourcing, and specialty pharma. Ampersand generally prefers to be the first and sole institutional investor. Ampersand was formed in 1988 and is based in Wellesley, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 81 of 84 |
| Sector (Life Science) | 40 of 43 |
| Type (Secondary Buyout) | 7 of 7 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 66 of 69 |
| Year (2024) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-13 |
Specac
Orpington, United Kingdom Specac is a manufacturer of high specification sample analysis and sample preparation equipment used in testing and research laboratories worldwide across a broad range of applications and end markets. Specac’s products are primarily focused on supporting IR Spectroscopy, an important analytical technique prevalent in both research and commercial-industrial labs. Specac was founded in 1971 and is based in Orpington, England. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-04 |
Nektar - Commercial PEGylation Reagent Manufacturing Business
Huntsville, Alabama, United States Nektar's Commercial PEGylation Reagent Manufacturing Business site is a 124,000-square-foot, commercial-scale specialized manufacturing facility. Nektar's Commercial PEGylation Reagent Manufacturing Business is based in Huntsville, Alabama. |
Buy | $90M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Agnostic |
Avante Mezzanine Partners is a provider of junior capital to lower middle-market companies generating at least $3 million in cash flow. The Firm looks to invest $5 to $20 million per transaction and generally works with private equity and independent sponsors in buyout transactions, as well as with entrepreneurs and owners to finance recapitalizations, refinancings, acquisitions and growth. Avante Mezzanine was formed in 2009 and has offices in Los Angeles and Boston.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 32 |
| Sector (Life Science) | 2 of 2 |
| Type (Secondary Buyout) | 7 of 7 |
| State (Illinois) | 3 of 3 |
| Country (United States) | 29 of 32 |
| Year (2024) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-31 |
Radsource
Brentwood, Tennessee, United States Radsource provides clinical excellence in subspecialized musculoskeletal and neurological MRI interpretation. The company leverages its deep experience as radiologists and daily PACS users to deliver PACS solutions, ProtonPACS, to hospitals, imaging centers, physician practices, and various other medical imaging environments. Radsource is based in Brentwood, Tennessee. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-22 |
Electronic Source Company
Van Nuys, California, United States Electronic Source Company is a specialty provider of an electronics components for product applications primarily in the Aerospace & Defense and Space end markets. Electronic Source Company was founded in 1994 and is based in Van Nuys, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| Size | Small |
| Type | Sector Agnostic |
Evolve Capital is a private equity firm focused exclusively on recapitalization investments in growth-oriented service based businesses. Evolve looks companies that are asset light, growing rapidly, and potentially operate in a regulated environment. Target companies typically have trailing EBITDA of $2 to $4 million and are located in the US. Evolve Capital was formed in 2005 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 18 |
| Sector (Life Science) | 2 of 2 |
| Type (Secondary Buyout) | 10 of 10 |
| State (Illinois) | 2 of 2 |
| Country (United States) | 18 of 18 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-20 |
Doctor’s Choice Home Care
Sarasota, Florida, United States Doctor’s Choice Home Care is a medicare certified home health agency. Doctor’s Choice Home Care was founded in 2007 and is based in Sarasota, Florida. |
Sell | $120M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Praesidian Capital is a mezzanine debt provider for middle-market companies throughout the US and Europe. Praesidian looks to provide junior capital to businesses with revenues between $3 and $100 million and EBITDA between $250k and $20 million. Capital is typically used to support acquisitions, management/leveraged buyouts, recapitalizations, and restructurings. Praesidian will not invest in oil & gas exploration, financial services, real estate, or start-ups. Praesidian Capital was formed in 2002 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 29 |
| Sector (Life Science) | 1 of 1 |
| Type (Secondary Buyout) | 13 of 13 |
| State (Illinois) | 2 of 2 |
| Country (United States) | 27 of 27 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-10 |
Autobahn
Jessup, Maryland, United States Autobahn is an operator of indoor go-karting racing tracks. Autobahn was founded in 2012 and is based in Jessup, Maryland. |
Sell | - |
Harbert Mezzanine Capital is the junior capital investment arm of asset manager Harbert Management Corporation. Harbert Mezzanine looks to invest $3 to $15 million of subordinated debt to support growth needs, acquisitions, recapitalizations, or management buyouts of mid-sized companies throughout the US. Harbert Mezzanine Capital is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 12 |
| Sector (Life Science) | 1 of 1 |
| Type (Secondary Buyout) | 5 of 5 |
| State (Illinois) | 2 of 2 |
| Country (United States) | 12 of 12 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-07 |
InProduction
Warrenville, Illinois, United States InProduction is a provider of rental staging and seating solutions for special events. InProduction designs deliver and installs high-quality temporary audience risers, stadium seating, platforms, drapery, and scenery for high-end sporting, corporate, and other special events. InProduction is based in Warrenville, Illinois. |
Sell | - |
