Bankruptcy • Apparel/Textiles

Argosy Private Equity, Plexus Capital and Salem Investment Partners Exits Parker School Uniforms

On January 12, 2018, invested in apparel/textiles company Parker School Uniforms from Argosy Private Equity, Plexus Capital and Salem Investment Partners

Investment Context
  • This is transaction in the Apparel/Textiles sector.
  • This is transaction in the United States.
  • This is transaction in Texas.

Explore All 223 Bankruptcy Apparel/Textiles Deals - Search the Database Free


Investment Summary

Date January 12, 2018
Target Parker School Uniforms
Sector Apparel/Textiles
Sellers(s) Argosy Private Equity
Plexus Capital
Salem Investment Partners
Deal Type Bankruptcy

Target Company

Parker School Uniforms

Houston, Texas, United States
Parker School Uniforms LLC is a provider of premium school uniforms to private and charter schools across the Sunbelt region of the United States including Texas, California, Oklahoma, Kansas, Alabama, Mississippi, Georgia, Tennessee, and Kentucky. Parker School Uniforms was founded in 1931 and is based in Houston, Texas.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Seller Profiles 3

SELLER

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 Seller #
Overall 29 of 55
Sector: Apparel/Textiles 1 of 1
Type: Bankruptcy 2 of 2
State: Texas 3 of 6
Country: United States 29 of 55
Year: 2018 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-10 U-C Coatings

Buffalo, New York, United States

U-C Coatings is a manufacturer and supplier of wood protection products for the logging, lumber, furniture, and woodworking industries. Its products include ANCHORSEAL end sealer for logs and lumber, GEMPAINT lumber tagging paints, and SEAL-ONCE waterproofers. U-C Coatings was founded in 1971 and is based in Buffalo, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-19 Nationwide Industries

Tampa, Florida, United States

Nationwide Industries is a designer and manufacturer of quality hardware and components for the building materials industry. Nationwide’s products include a broad line of fence and gate hardware, railing component and infill systems, perimeter security components, custom building materials components sold on an OEM basis, and hardware for the patio industry. Nationwide Industries is based in Tampa, Florida.

Sell -
SELLER

Plexus Capital

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 2.2B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Plexus Capital is a private equity firm that invests in buyouts, acquisitions, recapitalizations and growth financings in the form of junior and/or equity capital. Plexus focuses on lower middle-market businesses located in the Mid-Atlantic and Southeast areas of the US. The Firm looks for businesses companies in the business services, consumer services, manufacturing, value-added distribution, and healthcare sectors with up to $2 to $15 million of cash-flow. Plexus Capital was formed in 1995 and is based in Charlotte, North Carolina.


Deal Context for Seller #
Overall 25 of 44
Sector: Apparel/Textiles 1 of 1
Type: Bankruptcy 1 of 1
State: Texas 1 of 3
Country: United States 25 of 44
Year: 2018 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 Claris Vision

Warwick, Rhode Island, United States

Koch Eye Associates, Inc. is a provider of eye care and surgical practices, with twenty doctors treating patients at eight office locations, three laser vision centers, and a surgery center. Koch Eye Associates was founded in 1981 and is based in Warwick, Rhode Island.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 Belco Industrial Services

Prairieville, Louisiana, United States

Belco Industrial Services LLC is a specialty industrial services company serving the industrial, commercial and governmental market segments.

Sell -
SELLER
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 Context for Seller #
Overall 3 of 10
Sector: Apparel/Textiles 1 of 2
Type: Bankruptcy 1 of 2
State: Texas 1 of 1
Country: United States 3 of 10
Year: 2018 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-01 Global Value Commerce

Raleigh, North Carolina, United States

Global Value Commerce is a technology e-commerce solutions provider, secondary market (“re-commerce”) expert and owner/operator of North America’s leading golf e-platform for pre-owned golf equipment and new golf gear. Global Value Commerce was established in 2001 and is based in Raleigh, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-01 Insight 2 Design

Overland Park, Kansas, United States

Insight 2 Design provides outdoor products and portable lighting. Insight 2 Design develops outdoor products like – tents, sleeping bags, packs, camping furniture, lanterns, headlamps, flashlights, and more. Insight 2 Design was founded in 2012 and is based in Overland Park, Kansas.

Buy -