M&A Deal Summary

Bain Capital Private Equity and Seven Mile Capital Partners Acquire MSX International

On January 9, 2017, private equity firms Bain Capital Private Equity and Seven Mile Capital Partners acquired business services company MSX International

Acquisition Highlights
  • This is Bain Capital Private Equity’s 11th and Seven Mile Capital Partners’ 1st transaction in the Business Services sector.
  • This is Bain Capital Private Equity’s 83rd and Seven Mile Capital Partners’ 5th transaction in the United States.
  • This is Bain Capital Private Equity’s 1st and Seven Mile Capital Partners’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2017-01-09
Target MSX International
Sector Business Services
Buyer(s) Bain Capital Private Equity
Seven Mile Capital Partners
Deal Type Secondary Buyout

Target

MSX International

Detroit, Michigan, United States
MSX Internationa is an international provider of consulting, business process outsourcing, technical staffing, and vendor management services and solutions to the automotive industry. MSX International was founded in 1996 and is based in Detroit, Michigan.

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Buyer(S) 2

Buyer

Bain Capital Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 44.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.


DEAL STATS #
Overall 149 of 236
Sector (Business Services) 11 of 16
Type (Secondary Buyout) 31 of 65
State (Michigan) 1 of 1
Country (United States) 83 of 124
Year (2017) 1 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-23 Consolis

Brussels, Belgium

Consolis was formed by combining Consolis Oy Ab and French Bonna Sabla. Consolis is a precast concrete based solution provider and manufacturer of structural precast concrete elements. Consolis was founded in 2005 and is based in Brussels, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-13 Concardis

Eschborn, Germany

Concardis is a payment service provider that offers intelligent solutions to meet the extensive requirements for a modern cashless payment process the ability to accept payments made with all major credit and debit cards, including card terminals and contactless payment processes for face-to-face retailers, innovative solutions for e-commerce and m-commerce, as well as support in the form of customer management. Concardis was founded in 2003 and is based in Eschborn, Germany.

Buy -
Buyer

Seven Mile Capital Partners

New York, New York, United States

Investor


Category Private Equity Firm
Founded 2011
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Seven Mile Capital Partners is a private equity firm focused on acquiring middle-market profitable companies with $5 - $50 million of EBITDA. The Firm will consider a variety of transaction situations including companies undergoing transition, carve-outs, or in need of restructuring. Industries of interest include aerospace/defense, diversified manufacturing, building products, automotive, specialty material manufacturing, value-added distribution, and logistics. Seven Mile Partners was formed in 2011 with the purchase of a legacy portfolio of private equity investments from Citigroup. The Firm is based in New York City.


DEAL STATS #
Overall 8 of 8
Sector (Business Services) 1 of 1
Type (Secondary Buyout) 3 of 3
State (Michigan) 2 of 2
Country (United States) 5 of 5
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 United Subcontractors

St. Paul, Minnesota, United States

United Subcontractors, Inc. is an independent insulation subcontractor in the U.S. and one of the major shell contractors in Florida. USI has become a major building solutions provider in the United States by combining local market savvy with outstanding employees, superior technology, and the infrastructure of a national network. USI provides the nation’s residential and commercial contractors with a wide range of construction services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-13 Veryan Medical

Horsham, United Kingdom

Veryan Medical is a developer of innovative solutions for vascular disease using the principles of biomimicry. Biomimicry involves studying natures best ideas and imitating these designs and processes to solve human problems. The company is using its advanced understanding of the physics of blood flow to develop a range of cutting edge vascular products to address vascular disease in areas with strong unmet vascular needs. Veryan Medical was established in 2003 and is based in Horsham, United Kingdom.

Sell -