Buyout (LBO, MBO, MBI) • Media

Argosy Private Equity and MTN Capital Partners Acquire Sound Lounge

On October 17, 2005, private equity firms Argosy Private Equity and MTN Capital Partners acquired media company Sound Lounge

Acquisition Context
  • This is Argosy Private Equity’s 1st and MTN Capital Partners’ 1st transaction in the Media sector.
  • This is Argosy Private Equity’s 13th and MTN Capital Partners’ 1st transaction in the United States.
  • This is Argosy Private Equity’s 2nd and MTN Capital Partners’ 1st transaction in New York.

Explore All 464 Buyout (LBO, MBO, MBI) Media Deals - Search the Database Free


M&A Deal Summary

Date October 17, 2005
Target Sound Lounge
Sector Media
Buyer(s) Argosy Private Equity
MTN Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Sound Lounge

New York, New York, United States
Sound Lounge is an operator of an Audio Post-Production company providing audio post-production services for television and radio commercials. Sound Lounge was founded in 1998 and is based in New York City.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyers Overview 2

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 Context for Buyer #
Overall 13 of 88
Sector: Media 1 of 1
Type: Buyout (LBO, MBO, MBI) 10 of 52
State: New York 2 of 5
Country: United States 13 of 88
Year: 2005 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-01 Ultra

Howell, Michigan, United States

Ultra is a manufacturer of ornamental aluminum fencing, pool fences, custom gates, and accessories. Ultra was founded in 1996 and is based in Howell, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-30 Climax Portable Machine Tools

Newberg, Oregon, United States

Climax Portable Machine Tools is a supplier of portable machine tools and related products serving the shipbuilding, power generation, service and engineering sectors. Climax Portable Machine Tools was founded in 1966 and is based in Newberg, Oregon.

Buy -
Buyer
DESCRIPTION

MTN Capital Partners LLC is a lower middle-market private equity firm focused on investing in North American companies. MTN will consider both healthy as well as distressed companies. Sectors of interest include manufacturing, business services, consumer products, specialty retail, restaurants, distribution, energy services, automotive, food/beverage, healthcare, marketing services, chemicals, and communications. For healthy companies, MTN targets businesses with at least $10 million in revenues and $2 to $15 million of EBITDA, and for distressed situations. MTN Capital Partners was founded in 2003 and is based in New York City.


Deal Context for Buyer #
Overall 1 of 8
Sector: Media 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 5
State: New York 1 of 1
Country: United States 1 of 7
Year: 2005 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-03 Kings Food Markets

Parsippany, New Jersey, United States

Kings Food Markets is a gourmet food retailer with an established reputation for high quality products and servicesPartnered with industry veteran and fundless sponsor to acquire chain of 24 stores from a UK parent. An upscale grocery store serving customers throughout New Jersey, New York and Connecticut, Kings provides a unique shopping experience paired with the highest quality foods. From locally sourced, organically grown produce, to fresh fruit, delicious meats to hand-selected cheeses from over 20 countries.

Buy $62M