M&A Deal Summary

Argonne Capital Group Acquires Keystone Fireworks

On September 11, 2023, private equity firm Argonne Capital Group acquired consumer products company Keystone Fireworks

Acquisition Highlights
  • This is Argonne Capital Group’s 1st transaction in the Consumer Products sector.
  • This is Argonne Capital Group’s 10th transaction in the United States.
  • This is Argonne Capital Group’s 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2023-09-11
Target Keystone Fireworks
Sector Consumer Products
Buyer(s) Argonne Capital Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Keystone Fireworks

Lancaster, Pennsylvania, United States
Keystone Fireworks sells branded consumer fireworks across the state of Pennsylvania. Keystone Fireworks was founded in 1989 and is based in Lancaster, Pennsylvania.

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Buyer(S) 1

Buyer

Argonne Capital Group

Atlanta, Georgia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Argonne Capital Group is a private investment firm that looks to acquire majority interests in cash flow positive companies. Argonne seeks businesses that can benefit from the firm's real estate and financing experience in terms of growth through new unit development. Sectors of interest include restaurants, retail, manufacturing, distribution, fitness, consumer services, dealerships, and light industrial. The Firm can commit up to $100 million per transaction and general targets companies with cash-flow of $5 to $150 million. Argonne Capital Group was established in 2003 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 10 of 11
Sector: Consumer Products M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 6
State: Pennsylvania M&A 2 of 2
Country: United States M&A 10 of 11
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-21 Schill Grounds Management

North Ridgeville, Ohio, United States

Schill Grounds Management is a privately held commercial landscaping company. Schill Grounds Management was founded in 1993 and is based in North Ridgeville, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-28 Country View Bulk Foods

Snover, Michigan, United States

Country View Bulk Foods is a specialty grocer that hosts over 100,000 customers annually. Country View Bulk Foods was founded in 1992 and is based in Snover, Michigan.

Buy -