M&A Deal Summary |
|
|---|---|
| Date | 2017-02-27 |
| Target | FTJ FundChoice |
| Sector | Financial Services |
| Buyer(s) | Apogem Capital |
| Sellers(s) | Seaport Capital |
| Deal Type | Recapitalization |
SEARCH BY
| Category | Asset Manager |
|---|---|
| Founded | 2001 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apogem Capital is a diversified alternative investment manager and subsidiary of insurance provider, New York Life. Apogem manages a variety of investment strategies including private equity, private credit, and real assets. Within private equity, the Firm looks to make fund, direct, and secondary investments, as well as acquire GP stakes. Within its direct investing activity, Apogem targets mid-sized companies valued up to $250 million and will consider businesses throughout North America and Europe. Apogem Capital formed as the result of New York Life combining PA Capital, Madison Capital Funding, and Goldpoint Partners into one entity. Apogem Capital is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 57 of 70 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 8 of 10 |
| State: Kentucky M&A | 1 of 2 |
| Country: United States M&A | 57 of 70 |
| Year: 2017 M&A | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-14 |
Race Winning Brands
Mentor, Ohio, United States Race Winning Brands is a designer, manufacturer, and distributor of branded automotive aftermarket and powersports aftermarket products for enthusiast and racing consumers. RWB consists of a 12-brand portfolio of high-performance aftermarket product categories, with applications across a diverse group of automotive and powersports vehicle segments. According to industry research, the enthusiast powersport segment has seen annualized growth of 10-15 percent over the last 18 months with forecasted growth of six to eight percent over the next 12 months. Racing Winning Brands is based in Mentor, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-08 |
Champion
Ocala, Florida, United States Champion is a designer and manufacturer of seating products for the healthcare market. Champion's product portfolio primarily consists of highly engineered medical recliners sold to outpatient, post-acute medical facilities for treatments such as hemodialysis, where patient comfort is of critical importance. Champion was founded in 1992 and is based in Ocala, Florida. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| Size | Middle-Market |
| Type | Sector Focused |
Seaport Capital is a private equity firm that targets equity and mezzanine investments in private middle-market companies. Funds are generally used to support late-stage growth opportunities, as well as buyouts and recapitalizations. Seaport prefers businesses with high margins and recurring revenues. Sectors of interest include marketing services, publishing, media, communications, business services, education, software, cable, and information services. Seaport seeks private companies valued between $25 and $150 million and looks to commit up to $40 million of equity per transaction. Seaport requires board representation and typically holds investments for three to seven years. Seaport Capital was formed in 1997 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 31 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: Kentucky M&A | 1 of 1 |
| Country: United States M&A | 21 of 29 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-15 |
LogicWorks
New York, New York, United States LogicWorks is a cloud automation and managed services provider. Through its Managed Hosting, Private Cloud, and InfiniCloudTM dynamic compute services, Logicworks offers its diverse client base unmatched access to technology expertise. LogicWorks was founded in 1993 and is based in New York City. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-20 |
Keg Logistics
Centennial, Colorado, United States Keg Logistics is an outsourced keg management provider that services over 1,100 craft brewers, wine, cider and other draught beverage producers in the U.S., Canada, and U.K. Keg Logistics provides a lease-to-own model whereby craft breweries can lease kegs for up to eight years with buyout options. Keg Logistics was founded in 2011 and is based in Centennial, Colorado. |
Buy | - |
