M&A Deal Summary

Ara Partners Acquires Divert

On June 1, 2021, asset manager Ara Partners acquired environmental company Divert

Acquisition Highlights
  • This is Ara Partners’ 2nd transaction in the Environmental sector.
  • This is Ara Partners’ 8th transaction in the United States.
  • This is Ara Partners’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2021-06-01
Target Divert
Sector Environmental
Buyer(s) Ara Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Divert

Concord, Massachusetts, United States
Divert is an impact technology company on a mission to protect the value of food. Divert is transforming the food value chain by creating innovative and efficient solutions to eliminate food waste. The company creates advanced technology and sustainable infrastructure to prevent wasted food, recover edible food to serve communities in need, and divert food waste from landfills. Divert was founded in 2007 and is based in Concord, Massachusetts.

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Buyer(S) 1

Buyer

Ara Partners

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 2017
Size Small
Type Sector Focused
DESCRIPTION

Ara Partners Group is an alternative asset manager focused on control investments in the industrial, chemicals, materials, and energy sectors. The Firm looks to invest in and build companies that will benefit from the transition to sustainable energy. Ara Partners Group was formed in 2017 and is headquartered in Houston, Texas.

DEAL STATS #
Overall 11 of 24
Sector (Environmental) 2 of 4
Type (Buyout (LBO, MBO, MBI)) 6 of 13
State (Massachusetts) 1 of 1
Country (United States) 8 of 14
Year (2021) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 px Group

Stockton-on-Tees, United Kingdom

px Group is a provider of innovative operations management, engineering services, and energy management solutions to partners in high hazard, highly regulated industries. px Group was founded in and is based in Stockton-on-Tees, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 Fluitron

Hatboro, Pennsylvania, United States

Fluitron is a manufacturer of customized gas compression equipment. The company manufactures diaphragm compressors, pressure vessels, and piston compressors for industrial gas and hydrogen applications, and provides aftermarket services including maintenance, repairs, and spare parts. It currently operates worldwide and has in-house manufacturing, engineering, and design capabilities. Fluitron was formed in 1976 and is based in Hatboro, Pennsylvania.

Buy -
Mergr

Product

Company

Legal