M&A Deal Summary |
|
|---|---|
| Date | 2006-05-15 |
| Target | CIBT |
| Sector | Business Services |
| Buyer(s) |
Audax Private Equity
American Capital |
| Sellers(s) | Peninsula Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | W.Y. Campbell & Co. (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 19.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Private Equity is a private equity firm focused on acquiring control positions in a variety of mid to large North American headquartered companies. The Firm segments its activities into lower middle-market and larger scale investing. Within its larger group, Audax targets profitable businesses valued up to $800 million and within its lower middle-market group, the Firm seeks companies valued up to $125 million. Sectors of interest include business services, consumer products/services, financial services, healthcare services, industrial services, software, and technology. Audax has a special interest in businesses that can benefit from a buy and build investment strategy for growth. Audax Private Equity was formed in 1999 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 170 |
| Sector: Business Services M&A | 1 of 11 |
| Type: Secondary Buyout M&A Deals | 6 of 73 |
| State: District of Columbia M&A | 1 of 3 |
| Country: United States M&A | 18 of 161 |
| Year: 2006 M&A | 3 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-02 |
Overton’s
Greenville, North Carolina, United States Overton’s, Inc. is a direct marketer of specialty water sports and related marine accessories. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-23 |
Denver Biomedical
Golden, Colorado, United States Denver Biomedical, Inc. is a manufacturer, distributor, and marketer of medical devices for fluid management in the chest and abdomen. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 22.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.
| DEAL STATS | # |
|---|---|
| Overall | 195 of 265 |
| Sector: Business Services M&A | 11 of 18 |
| Type: Secondary Buyout M&A Deals | 38 of 60 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 189 of 253 |
| Year: 2006 M&A | 15 of 41 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-01 |
Fruit Patch
Dinuba, California, United States Fruit Patch is a provider of peaches, plums and nectarines. Fruit Patch was founded in 1975 and is based in Dinuba, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-18 |
CMX
Manalapan, New Jersey, United States CMX, a multi-disciplined engineering and consulting firm, offers a broad range of consulting services for public and private clients from 15 office locations strategically located throughout the Northeast and Florida. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 1.9B USD |
| Size | Large |
| Type | Sector Agnostic |
Peninsula Capital Partners is an investment group focused on providing a range of financing solutions to middle-market companies. The Firm is willing to be a minority or control investor and invests across the capital structure. This includes subordinated debt, preferred or common stock. For mezzanine commitments, Peninsula looks to invest $5 to $40 million. For equity transactions, Peninsula looks to invest $2 to $20 million. Peninsula is a generalist investor. Target sectors include manufacturing, industrial service, distribution, consumer products, professional services, retail, applied technology, transportation, food processing and packaging. Peninsula Capital Partners was formed in 1995 and is based in Detroit, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 49 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 3 of 16 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 11 of 46 |
| Year: 2006 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-02-01 |
ZymeFlow
Houston, Texas, United States ZymeFlow engages in the decontamination of hydrocarbon process equipment for entry, inspection, and maintenance including hot work. The exclusive ZymeFlow Process uses proprietary chemistry and application to achieve vessel entry in 8-12 hours. This unparalleled process prepares equipment for entry by simultaneously de-oiling while eliminating pyrophoric iron sulfide (FeS), hydrogen sulfide (H2S), benzene, and other explosive gases (LELs). ZymeFlow was founded in 2002 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-06-01 |
Etransmedia Technology
Troy, New York, United States Etransmedia Technology, Inc. is a healthcare information technology company delivering comprehensive integrated software, service and connectivity solutions to simplify critical functions in the healthcare community. Etransmedia customers include some of the country’s leading healthcare systems and hospitals, as well as affiliated physician practices. With 400 employees, the company operates across 43 states and reaches more than 12,500 providers and 30,000 users. |
Buy | - |
