M&A Deal Summary |
|
|---|---|
| Date | 2021-06-08 |
| Target | Primus Aerospace |
| Sector | Aerospace |
| Buyer(s) |
Angeles Equity Partners
Stellus Capital Management |
| Deal Type | Buyout (LBO, MBO, MBI) |
| Advisor(s) | Houlihan Lokey (Financial) Brownstein (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| PE ASSETS | 360M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Angeles Equity Partners LLC is a private equity firm focused on acquiring North American headquartered companies valued up to $350 million. Angeles is a hands-on investor and prefers underperforming companies in need of restructuring, non-core assets of larger businesses, or family/founder owned businesses that could benefit from operational assistance. Target sectors include automotive, building materials, machinery, chemicals, electronics, manufacturing, metals, transportation/logistics, packaging, and distribution. Angeles Capital Partners was formed in 2014 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 18 |
| Sector: Aerospace M&A | 1 of 1 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 2 of 9 |
| State: Colorado M&A | 1 of 1 |
| Country: United States M&A | 7 of 17 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-25 |
American Construction Source
Springfield, Missouri, United States American Construction Source is an LBM distributor with 70+ locations in nine states serving the needs of custom home builders, repair & remodel contractors, and DIY consumers. ACS provides lumber and building materials businesses the resources, leverage, and focus to make their ideas happen. American Construction Source was founded in 2018 and is based in Springfield, Missouri. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-29 |
Xanitos
Newtown Square, Pennsylvania, United States Xanitos is a provider of outsourced hospital housekeeping services across the United States. Xanitos’s services include daily and post-discharge cleaning of patient rooms, cleaning and maintenance of flooring in common areas and passageways, and responding to situational cleaning needs. Xanitos was founded in 2008 and is based in Newtown Square, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Stellus Capital Management is a provider of debt and equity capital to middle-market companies headquartered throughout the US and Canada. For credit commitments, Stellus looks to provide $10 to $50 million of capital to help support buyouts, acquisitions, recapitalization, growth opportunities, rescue financing, distressed situations, as well as bridge loans. Sectors' of interest for Stellus' credit practice includes business services, energy, general industrial, government, healthcare, software and specialty finance. Stellus' equity practice seeks to provide $20 to $100 million to small and mid-sized energy (upstream, oilfield services, midstream) companies. Stellus Capital was originally formed in 2004 as Laminar Direct Capital and operated as the direct investing unit of D.E. Shaw. The Group became independent in 2012. Stellus has offices in Houston, New York City, and Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 86 |
| Sector: Aerospace M&A | 2 of 2 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 9 of 23 |
| State: Colorado M&A | 1 of 3 |
| Country: United States M&A | 25 of 83 |
| Year: 2021 M&A | 5 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-07 |
Ad.net
Los Angeles, California, United States Ad.net is a performance marketing and search technology company that helps advertisers acquire new customers through intent-driven search and social campaigns. The company’s platform connects advertisers with consumers beyond major search engines, leveraging proprietary data and publisher partnerships to deliver incremental reach and ROI. Ad.net was founded in 2001 and is based in Los Angeles, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-29 |
Xanitos
Newtown Square, Pennsylvania, United States Xanitos is a provider of outsourced hospital housekeeping services across the United States. Xanitos’s services include daily and post-discharge cleaning of patient rooms, cleaning and maintenance of flooring in common areas and passageways, and responding to situational cleaning needs. Xanitos was founded in 2008 and is based in Newtown Square, Pennsylvania. |
Buy | - |