M&A Deal Summary |
|
|---|---|
| Date | 2018-09-24 |
| Target | Authority Brands |
| Sector | Franchising |
| Buyer(s) |
Apax
BCI |
| Sellers(s) |
PNC Riverarch Capital
Audax Private Debt |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 77.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 207 of 266 |
| Sector: Franchising M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 42 of 67 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 79 of 107 |
| Year: 2018 M&A | 11 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-11 |
Paycor
Cincinnati, Ohio, United States Paycor delivers modern, intuitive recruiting, HR, and payroll solutions. The company partners with businesses to optimize the management of their most valuable assets. Paycor’s personalized support and user-friendly technology ensure that key business processes, including recruiting, onboarding, reporting, timekeeping, compliance, and payroll, run smoothly. Paycor was formed in 1990 and is based in Cincinnati, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-16 |
Fractal Analytics
Mumbai, India Fractal Analytics is a provider of advanced analytics services and helps companies across the globe enhance profitability with the help of scientific decision-making. Fractal has deployed analytics to drive significant value for many Fortune 1000 companies in the areas of customer acquisition, retention, value enhancement, risk management, and marketing optimization. Fractal Analytics was founded in 2000 and is based in Mumbai, India. |
Buy | - |
British Columbia Investment Management Corp. (BCI) is large asset manager focused on providing investment management services to British Columbia’s public sector. The Firm looks to invest in a range of asset categories and will consider opportunities globally. BCI's private equity practice was established in 1995 and seeks leverage buyout and growth equity opportunities that include market leading companies with tangible downside protection. Portfolio companies have a sustainable competitive advantage, offer value-added products and services, and are led by talented management teams. British Columbia Investment Management Corp. is headquartered in Victoria, British Columbia.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 32 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 4 of 14 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 4 of 15 |
| Year: 2018 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-07 |
GCT Global Container Terminals
Vancouver, British Columbia, Canada GCT Global Container Terminals operates four container terminals strategically located in the Ports of Vancouver, New York and New Jersey. GCT Global Container Terminals is based in Vancouver, British Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-28 |
ZEDRA
Geneva, Switzerland ZEDRA is an independent, global specialist in trust, corporate and fund services. ZEDRA was founded in 2016 and is based in Geneva, Switzerland. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 250M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
PNC Riverarch Capital is a middle-market private equity group that invests in privately-held companies headquartered throughout North America. The Group looks to commit $10 to $50 million to help fund recapitalizations, leveraged and management buyouts, corporate divestitures and growth financings. Target sectors include business and industrial services, specialized manufacturing, and value-added distribution. PNC Riverarch was formed in 2011 and is an affiliate of PNC Financial Services Group.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 18 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 6 of 12 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 8 of 16 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-30 |
Precision Aviation Group
Atlanta, Georgia, United States Precision Aviation Group is a provider of products and value-added services to the worldwide aerospace and defense industry. With nine locations and more than 260,000-square-feet of sales and service facilities in the United States, Canada, Australia, Brazil, and Singapore, PAG uses its distinct business units and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain, and its Inventory Supported Maintenance, Repair and Overhaul services. Precision Aviation Group was founded in 1993 and is headquartered in Atlanta, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-10 |
Sola Salon Studios
Lakewood, Colorado, United States Sola Salon Studios provides a unique service to entrepreneurs, giving stylists and beauty professionals high-end, fully-equipped salon studios to start their own businesses without the administrative burden and risk associated with opening a retail storefront. Sola Salon Studios was established in 2004 and is based in Lakewood, Colorado. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 53 |
| Sector: Franchising M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 18 of 25 |
| State: Maryland M&A | 3 of 3 |
| Country: United States M&A | 42 of 53 |
| Year: 2018 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-07 |
Alegeus
Waltham, Massachusetts, United States Alegeus is a provider of benefits administration software, debit cards, and transaction processing solutions for consumer directed healthcare accounts, including flexible spending accounts, health reimbursement arrangements, and health savings accounts. Alegeus was formed in 2012 and is based in Waltham, Massachusetts. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-09 |
Innovetive Petcare
Austin, Texas, United States Innovetive Petcare owns and operates veterinary hospitals across the country. Its clinics benefit from tools, resources, and a great support team dedicated to helping veterinary practices prosper and grow. Innovetive Petcare was established in 2015 and is based in Austin, Texas. |
Buy | - |
