M&A Deal Summary

Argosy Private Equity Acquires Burco

On April 14, 2023, private equity firm Argosy Private Equity acquired manufacturer Burco

Acquisition Highlights
  • This is Argosy Private Equity’s 13th transaction in the Manufacturing sector.
  • This is Argosy Private Equity’s 81st transaction in the United States.
  • This is Argosy Private Equity’s 7th transaction in Michigan.

M&A Deal Summary
Date 2023-04-14
Target Burco
Sector Manufacturing
Buyer(s) Argosy Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Burco

Grand Rapids, Michigan, United States
Burco manufactures and supplies mirror glass and related products to various automotive and consumer markets across the United States and is an original equipment supplier to various specialty mirror head manufacturers. Burco was formed in 1979 and is based in Grand Rapids, Michigan.

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) 1

Buyer

Argosy Private Equity

Wayne, Pennsylvania, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1990
PE ASSETS 575M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Argosy Private Equity is the private equity arm of Argosy Capital, an asset management firm. Argosy Private Equity provides both debt and equity capital to lower middle-market companies located throughout the US. Argosy focuses on growth companies with experienced management teams and revenues between $15 and $100 million and EBITDA of $3 to $9 million. Argosy looks to invest $5 - $20 million per transaction. Specific areas of interest include manufacturing, business services, franchising and Value added distributions. The Firm will consider a variety of transaction types, including MBO’s, recapitalizations, growth equity and acquisitions. Argosy was formed in 1990 and is based in Wayne, Pennsylvania.

DEAL STATS #
Overall 81 of 88
Sector (Manufacturing) 13 of 13
Type (Buyout (LBO, MBO, MBI)) 48 of 53
State (Michigan) 7 of 8
Country (United States) 81 of 88
Year (2023) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-15 Vac2Go

Louisville, Kentucky, United States

Vac2Go provides repair and maintenance services for vacuum trucks and related equipment at all its facilities.Vac2Go offers daily to multi-month rentals of the latest model trucks and equipment to industrial service contractors, environmental contractors, the construction, excavation, and utility industries, and to state and local municipal governments. Vac2Go was founded in 2011 and is based in Louisville, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-01 Diverse Logistics & Distribution

Tampa, Florida, United States

Diverse Logistics & Distribution is a domestic provider of final mile logistics, home delivery, and installation of big-and-bulky merchandise such as mattresses, furniture, and appliances. Diverse Logistics & Distribution is based in Tampa, Florida.

Buy -
Mergr

Product

Company

Legal