M&A Deal Summary

ARC Industries, Salem Investment Partners and Tregaron Capital Acquire Reeves Extruded Products

On May 1, 2017, family office ARC Industries, mezzanine finance firm Salem Investment Partners and private equity firm Tregaron Capital acquired plastics company Reeves Extruded Products

Acquisition Highlights
  • This is ARC Industries’ 1st, Salem Investment Partners’ 1st and Tregaron Capital’s 1st transaction in the Plastics sector.
  • This is ARC Industries’ 8th, Salem Investment Partners’ 44th and Tregaron Capital’s 15th transaction in the United States.
  • This is ARC Industries’ 1st, Salem Investment Partners’ 1st and Tregaron Capital’s 3rd transaction in California.

M&A Deal Summary

Date 2017-05-01
Target Reeves Extruded Products
Sector Plastics
Buyer(s) ARC Industries
Salem Investment Partners
Tregaron Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Reeves Extruded Products

Arvin, California, United States
Reeves Extruded Products provides custom, short-run extruded plastic products for its customers, who are primarily lighting OEMs and point-of-purchase display companies. Reeves Extruded Products was founded in 1967 and is based in Arvin, California.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 3

DESCRIPTION

ARC Industries, Inc. is a family office focused on acquiring established companies in traditional industries from retiring owners. The Firm targets profitable, smaller companies with $1 to $10 million of EBITDA. Specific areas of interest include environmental services, plastics, and sign manufacturing. ARC Industries, Inc. was established in 1999 and is headquartered in Charlotte, North Carolina.


DEAL STATS #
Overall 8 of 17
Sector (Plastics) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 7 of 16
State (California) 1 of 2
Country (United States) 8 of 17
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 Southwood

Rock Hill, South Carolina, United States

Southwood manufactures all types of signs and provides custom, signage. Southwood was founded in 1967 and is based in Rock Hill, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-01 Summit Environmental Services

Indianapolis, Indiana, United States

Summit Environmental Services provides environmental services such as industrial cleaning, disposal, emergency response, and remediation. Summit Environmental Services was founded in 1999 and is based in Indianapolis, Indiana.

Buy -
DESCRIPTION

Salem Investment Partners specializes in debt and equity investments in privately-held, middle-market businesses across the Southeast and Mid-Atlantic regions of the US. Salem looks to invest $2 to $10 million per transaction to help support growth, acquisitions, recapitalizations, and buyouts. Sectors of interest include business services, light manufacturing, consumer products, and distribution. Salem Investment Partners was formed in 1999 and is based in Greensboro, North Carolina.


DEAL STATS #
Overall 44 of 58
Sector (Plastics) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 31 of 40
State (California) 1 of 1
Country (United States) 44 of 58
Year (2017) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-01 Himalayan Handmade Candles

Duluth, Georgia, United States

Himalayan Handmade Candles is a manufacturer of fragranced candles in reusable original containers. Himalayan candles are poured using artisan techniques with a natural soy wax blend and high quality essential and fragrance oils. They will burn exceptionally well a clean even burn with minimal sooting, leaving little to no residue and a lingering fragrance. Himalayan Handmade Candles is based in Duluth, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-16 BW Manufacturing

Comstock Park, Michigan, United States

BW Manufacturing is a manufacturer of concrete flooring equipment and industrial vacuums for the building, restoration, and maintenance industries, as well as utility and manufacturing plants. The company's products are used primarily in the construction and restoration of bridge decks, roads, and commercial facilities such as warehouses. BW Manufacturing was founded in 1996 and is based in Comstock Park, Michigan.

Buy -
Buyer

Tregaron Capital

Palo Alto, California, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Tregaron Capital Company is a private investment firm focused on investing in small to mid-sized businesses with EBITDA between $1 and $5 million and annual revenues of at least $5 million. Tregaron looks to provide mezzanine and/or equity capital to support recapitalizations, management buy-outs, acquisition financings, go-private transactions, buy-outs of founders or passive owners, and growth capital transactions. Target sectors include business services, IT services, healthcare services, mature software and technology, niche food and consumer packaged goods, and value-added distribution. The Firm's investment size is $3 to $10 million per transaction. Tregaron Capital is based in Palo Alto, California.


DEAL STATS #
Overall 16 of 18
Sector (Plastics) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 8 of 9
State (California) 3 of 3
Country (United States) 15 of 17
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 Village Realty

Nags Head, North Carolina, United States

Village Realty provides vacation rentals, real estate sales, and association management services in North Carolina's Outer Banks. Village Realty was founded in 1993 and is based in Nags Head, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Retreatia

Steamboat Springs, Colorado, United States

Retreatia offers a full suite of services to vacation property owners including vacation rentals, real estate sales, maintenance repairs, and association management services. Retreatia is based in Steamboat Springs, Colorado.

Buy -