M&A Deal Summary |
|
|---|---|
| Date | 2019-09-20 |
| Target | Groome Industrial Service Group |
| Sector | Business Services |
| Buyer(s) |
Argosy Private Equity
Ironwood Capital Seacoast Capital |
| Deal Type | Buyout (LBO, MBO, MBI) |
| Advisor(s) | Woodbridge International (Financial) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1990 |
| PE ASSETS | 575M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
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 | 72 of 88 |
| Sector: Business Services M&A | 9 of 11 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 41 of 52 |
| State: New Jersey M&A | 4 of 5 |
| Country: United States M&A | 72 of 88 |
| Year: 2019 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-13 |
Sussex Wire
Easton, Pennsylvania, United States Sussex Wire, Inc. specializes in the design, manufacturing, and distribution of highly-engineered, specialty metal parts and components utilizing cold-forming technology. Sussex Wire was founded in 1974 and is based in Easton, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-05 |
Flow Dry Technology
Brookville, Ohio, United States Flow Dry Technology is a designer and manufacturer of highly innovative, integrated solutions for the automotive, industrial, and healthcare industries. Flow Dry’s products include desiccant bags, value-added assemblies, and other sealant solutions to protect valuable systems from costly moisture damage. Flow Dry Technology was founded in 1946 and is based in Brookville, Ohio. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Ironwood Capital is a private investment firm that makes equity and subordinated debt investments in lower middle-market companies. Investment proceeds are generally used to support leveraged buyouts, growth financings, and recapitalizations. Investments typically range from $10 to $40 million in companies generating $20 to $250 million in annual sales. Target sectors include healthcare products/services, value-added manufacturing, business services, consumer products, specialty distribution, and education. Ironwood prefers opportunities East of the Mississippi, but will selectively consider investments in the Western US. The Firm's investment horizon is three to five years. Ironwood Capital was formed in 2002 and is based in Avon, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 71 of 97 |
| Sector: Business Services M&A | 6 of 8 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 25 of 28 |
| State: New Jersey M&A | 3 of 4 |
| Country: United States M&A | 71 of 97 |
| Year: 2019 M&A | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-25 |
Nautilus Integrated Solutions
South Windham, Connecticut, United States Nautilus Integrated Solutions is a company specializing in providing engineering, technical, and consulting services for the nuclear and energy sectors. A prime contractor supplying critical parts and assemblies to the Department of Defense, NIS has capabilities that include casting, precision machining, non-destructive testing, welding, and engineering. Nautilus Integrated Solutions is based in South Windham, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-06 |
BrandFX
Fort Worth, Texas, United States BrandFX LLC is a manufacturer and seller of composite utility truck bodies. Products include service bodies designed for smaller utility trucks, line bodies designed for medium-sized utility trucks as well as toppers and inserts designed primarily for compact utility trucks. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 600M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Seacoast Capital is a private investment firm that invests equity and mezzanine capital in smaller companies with revenues greater than $10 million and at least $2 million in operating income. Sectors of interest include manufacturing, distribution, business services and industrial technologies. Seacoast has a particular interest in companies located in underserved urban and rural markets, and in all cases, partners with management when considering transactions. Seacoast Capital was formed in 1994 and has offices in Danvers, Massachusetts and San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 46 |
| Sector: Business Services M&A | 2 of 3 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 14 of 14 |
| State: New Jersey M&A | 6 of 6 |
| Country: United States M&A | 41 of 46 |
| Year: 2019 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-31 |
Northwest Cascade
Puyallup, Washington, United States Northwest Cascade, Inc. is a diversified provider of commercial, industrial and residential services consisting of three operating divisions – Honey Bucket, FloHawks, and Construction. Honey Bucket provides route-based and event portable sanitation and related rental services across the Pacific Northwest, California, Utah, and Texas. FloHawks provides septic pumping, cleaning, and MRO services to residential, commercial and industrial customers in the South Puget Sound region. Northwest Cascade, Inc. Construction division provides municipal sewerage and commercial and residential wastewater construction services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-24 |
SkinCure Oncology
Burr Ridge, Illinois, United States SkinCure Oncology provides a turnkey model for the delivery of Image-guided Superficial Radiation Therapy (IG-SRT), the most recent advanced/disruptive technology, for the treatment of non-melanoma skin cancers. SkinCure Oncology has partnered with quality-focused dermatologists and Mohs surgeons to bring cancer center level radiation therapy skin cancer treatment to physician offices. SkinCure Oncology is based in Burr Ridge, Illinois. |
Buy | - |
