M&A Deal Summary

Artistic Holdings Acquires Southern Staircase

On December 1, 2009, Artistic Holdings acquired building materials company Southern Staircase from Huron Capital

Acquisition Highlights
  • This is Artistic Holdings’ 1st transaction in the Building Materials sector.
  • This is Artistic Holdings’ 1st transaction in the United States.
  • This is Artistic Holdings’ 1st transaction in Georgia.

M&A Deal Summary
Date 2009-12-01
Target Southern Staircase
Sector Building Materials
Buyer(s) Artistic Holdings
Sellers(s) Huron Capital
Deal Type Add-on Acquisition

Target

Southern Staircase

Alpharetta, Georgia, United States
Southern Staircase is the manufacturer, distributor and installer of high-quality, customized curved and straight staircases and handrail systems used in residential construction.

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Buyer(S) 1

Buyer

Artistic Holdings

Alpharetta, Georgia, United States
Category Company
Founded 1986
Sector Building Materials
DESCRIPTION

Artistic Holdings, Inc. is a designer and manufacturer of stair and railing systems.

DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1

Seller(S) 1

SELLER

Huron Capital

Detroit, Michigan, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 1.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Huron Capital Partners is a private equity firm that seeks to acquire or recapitalize niche manufacturers, value-added distributors and specialty service companies. Prospective transaction situations include management buyouts, corporate spin-offs, recapitalizations, family successions and consolidations. Huron prefers opportunities located in the US and Canada. Target companies typically have revenues between $20 and $200 million and EBITDA of at least $5 million. Huron can commit up to $10 million and $50 million of equity capital per transaction. Huron Capital Partners was formed in 1999 and has offices in Detroit, Michigan and Ontario, Canada.

DEAL STATS #
Overall 8 of 35
Sector (Building Materials) 1 of 2
Type (Add-on Acquisition) 5 of 14
State (Georgia) 2 of 2
Country (United States) 8 of 32
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 Agri-Carriers Group

Jacksonville, Illinois, United States

Agri-Carriers Group, Inc. is a provider of bulk liquid transportation services to the food industry. Agri-Carriers transports a variety of bulk vegetable oils, tropical oils, and syrups to food manufacturing plants throughout the Midwest, and operates two kosher-certified tank wash facilities in Illinois. ACG operates a specialized fleet of approximately 250 tractors and 425 trailers and conducts business out of five terminals, four of which have food-grade tank washing stations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-17 Excel Homes

Rocky Mount, Virginia, United States

Excel Homes is a manufacturer of single-family residential modular housing. With two plants in Pennsylvania and one in New York, Excel sells and distributes complete modular home systems ranging from 1,500 sq. ft. to 6,400 sq. ft. through homebuilders in the Northeast, Mid-Atlantic, Southeast and Midwest regions of the United States. The Company markets its products under the Excel and AvisAmerica brand names.

Sell -
Mergr

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