M&A Deal Summary |
|
|---|---|
| Date | 2019-05-09 |
| Target | Chartis |
| Sector | Business Services |
| Buyer(s) | Audax Private Equity |
| Sellers(s) | RLH Equity Partners |
| Deal Type | Recapitalization |
| Advisor(s) | Lincoln International (Financial) Winston & Strawn (Legal) |
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 | 122 of 170 |
| Sector: Business Services M&A | 8 of 11 |
| Type: Recapitalization M&A Deals | 13 of 15 |
| State: Illinois M&A | 12 of 16 |
| Country: United States M&A | 117 of 161 |
| Year: 2019 M&A | 5 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-09 |
PremiStar
Glenview, Illinois, United States PremiStar is a provider of commercial HVAC services, mechanical services, and energy solutions primarily serving commercial, industrial, and municipal buildings in the Midwest. PremiStar was founded in 1930 and is based in Glenview, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
Preferred Compounding
Copley, Ohio, United States Preferred Compounding Corp. is a manufacturer and supplier of proprietary and custom mixed rubber compounds with manufacturing plants in Tallapoosa, Ga.; Huntingdon, Tenn.; Fruithurst, Ala. Preferred Compounding Corp. was founded in 1973 and is based in Copley, Ohio. |
Sell | $232M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
RLH Equity Partners is a private equity firm that targets investments in middle-market companies throughout North America. RLH look for market leaders generating sales of $25 to $200 million with high growth potential. General areas of interest include business services (including IT services), high value-added manufacturing, specialty distribution, healthcare, and financial services. The Firm invests in the range of $30 to $100 million per transaction. Prospective transaction situations include growth equity financings, shareholder liquidity, recapitalizations, and management buyouts. RLH Equity Partners was formed in 1982 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 23 |
| Sector: Business Services M&A | 2 of 3 |
| Type: Recapitalization M&A Deals | 3 of 3 |
| State: Illinois M&A | 1 of 2 |
| Country: United States M&A | 19 of 23 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-11 |
Biorasi
Miami, Florida, United States Biorasi is a contract research organization accelerating drug and device clinical development for life sciences companies around the world. Biorasi brings therapies to market by forming true partnerships with sponsors, and focusing on processes, methodologies, and technologies that move the industry forward. Biorasi was founded in 2002 and is headquartered in Miami, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-16 |
Clarity Insights Group
Chicago, Illinois, United States Clarity Insights Group LLC is a provider of data science and AI/ML engineering capabilities for large enterprises, and a strategic partner to clients across a range of industries, particularly healthcare, financial services, and insurance. Clarity Insights was founded in 2008 and is based in Chicago, Illinois. |
Sell | - |
