M&A Deal Summary |
|
|---|---|
| Date | 2025-06-10 |
| Target | SOLID |
| Sector | Business Services |
| Buyer(s) |
Angeles Equity Partners
Stellus Capital Management |
| Sellers(s) | Plexus Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Fieldstone (Financial) Womble Bond Dickinson (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 | 17 of 18 |
| Sector: Business Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 5 of 5 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 16 of 17 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-30 |
O’Hara’s Son Roofing
Chicago, Illinois, United States O’Hara’s Son Roofing is a national commercial and industrial roofing provider that provides new commercial roof construction, replacement, leak repair service, and preventative maintenance for commercial roofs. O’Hara’s Son Roofing was founded in 1987 and is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-11-18 |
Technique
Jackson, Michigan, United States Technique is a precision metal fabricator specializing in high-mix, low-volume prototyping and production. The Company’s integrated capabilities include metal forming, stamping, tube bending, complex welding, assembly, and finishing. It serves OEMs across a number of industries, including aerospace and defense, power generation, and motorsports, providing rapid, high-quality engineered solutions for mission-critical applications. Technique was formed in 1991 and is based in Jackson, Michigan. |
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 | 81 of 86 |
| Sector: Business Services M&A | 12 of 12 |
| Type: Secondary Buyout M&A Deals | 19 of 19 |
| State: North Carolina M&A | 4 of 4 |
| Country: United States M&A | 78 of 83 |
| Year: 2025 M&A | 6 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-12 |
Eos Fitness
Dallas, Texas, United States Eos Fitness is a fitness club chain offering a full range of fitness club amenities, including cardio and strength-training equipment, personal training, group exercise, spinning, cardio theaters, women’s-only rooms, locker rooms, saunas, steam rooms, child care, and 24-hour access. Eos Fitness was formed in 1985 and is based in Dallas, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-12 |
International Cybernetics
Largo, Florida, United States International Cybernetics is a technology-enabled infrastructure management firm that provides software-powered roadway pavement condition surveys and structural testing services, which are integral to state and local governments' cost-effective safety maintenance and management of critical roadway infrastructure networks. ICC also manufactures road condition measurement systems that use proprietary software to collect data about governments' road networks and sells its equipment globally. International Cybernetics is based in Largo, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 2.2B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Plexus Capital is a private equity firm that invests in buyouts, acquisitions, recapitalizations and growth financings in the form of junior and/or equity capital. Plexus focuses on lower middle-market businesses located in the Mid-Atlantic and Southeast areas of the US. The Firm looks for businesses companies in the business services, consumer services, manufacturing, value-added distribution, and healthcare sectors with up to $2 to $15 million of cash-flow. Plexus Capital was formed in 1995 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 43 |
| Sector: Business Services M&A | 8 of 8 |
| Type: Secondary Buyout M&A Deals | 11 of 11 |
| State: North Carolina M&A | 8 of 8 |
| Country: United States M&A | 43 of 43 |
| Year: 2025 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-17 |
ChemREADY
Twinsburg, Ohio, United States ChemREADY is a distributor of water treatment chemicals used in mining, general industrial, and wastewater applications. ChemREADY is a provider of proprietary formulations used in mining, general industrial water treatment, and wastewater applications. ChemREADY’s current product line includes airborne particulate control chemicals, flocculants, frothers, freeze conditioners, defoamers, pond treatment products, and pH control products. In addition, it offers wastewater chemicals, including a cooling tower and boiler chemicals. ChemREADY was founded in 1982 and is based in Twinsburg, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-16 |
Fence Builders
Winston-Salem, North Carolina, United States Fence Builders is a residential and commercial fence, gate, and access control platform serving the Southeast. Fence Builders was founded in 1955 and is based in Winston-Salem, North Carolina. |
Buy | - |
