M&A Deal Summary

Balance Point Capital Partners Acquires JSI

On May 9, 2024, mezzanine finance firm Balance Point Capital Partners acquired business services company JSI from Stone-Goff Partners and Five Points Capital

Acquisition Highlights
  • This is Balance Point Capital Partners’ 7th transaction in the Business Services sector.
  • This is Balance Point Capital Partners’ 41st transaction in the United States.
  • This is Balance Point Capital Partners’ 1st transaction in Maryland.

M&A Deal Summary

Date 2024-05-09
Target JSI
Sector Business Services
Buyer(s) Balance Point Capital Partners
Sellers(s) Stone-Goff Partners
Five Points Capital
Deal Type Secondary Buyout

Target

JSI

Greenbelt, Maryland, United States
JSI is a provider of regulatory and compliance consulting services to telecommunications providers in rural communities across the US. JSI's deep knowledge of the telecom industry and rural broadband markets is a key differentiator benefiting its longstanding client base. The company also provides financial, business management and executive management training services to its client base. JSI was founded in 1962 and is headquartered in Greenbelt, Maryland.

Search 201,839 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Balance Point Capital Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2007
PE ASSETS 1.7B USD
Size Small
Type Sector Agnostic
DESCRIPTION

Balance Point Capital Advisors is a provider of equity and debt capital to middle-market US-based companies. The Firm looks to invest $5 to $30 million in companies generating $10 $150 million in revenue. The Firm invest in the range of $15 to $75 million with and enterprise value of $10 to $150 million. Funds are used to support a variety of needs, including private equity sponsored buyouts, strategic acquisitions, refinancing's, management buyouts, leveraged recapitalizations, and growth capital financing needs. Balance Point Capital is based in Westport, Connecticut.


DEAL STATS #
Overall 42 of 46
Sector (Business Services) 7 of 8
Type (Secondary Buyout) 4 of 5
State (Maryland) 1 of 1
Country (United States) 41 of 44
Year (2024) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-15 Firehook

Chantilly, Virginia, United States

Firehook is a baking business specializing in artisanal baked goods that deliver crunch, simple ingredients, and distinctive flavors. The company bakes all of its products in-house and is proudly Organic, Non-GMO Project Verified, Kosher, and SQF Certified. Firehook was formed in 1992 and is based in Chantilly, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-20 SG Homecare

Tustin, California, United States

SG Homecare provides DME, disposable medical supplies, and related services (including custom rehab, wound care, and O&P products) throughout California. SG Homecare was founded in 2001 and is based in Tustin, California.

Buy -

Seller(S) 2

DESCRIPTION

Stone-Goff Partners is a private equity investment firm that acquires and builds lower middle-market companies. Specific areas of interest include marketing, media, education, healthcare services, industrial services, information services, consumer products and services, food and beverage, tourism, e-commerce and retail sectors. Stone-Goff Partners was established in 2006 and is headquartered in New York City.


DEAL STATS #
Overall 8 of 8
Sector (Business Services) 3 of 3
Type (Secondary Buyout) 5 of 5
State (Maryland) 1 of 1
Country (United States) 8 of 8
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-13 BigScoots

Chicago, Illinois, United States

BigScoots is a value-added managed hosting service provider and WordPress-centric company that leverages its deep domain expertise, vertically-focused model, highly automated services, owned infrastructure and technical team to create and maintain what it believes to be the ideal solution for its target end customers. BigScoots is based in Chicago, Illinois.

Buy -
SELLER

Five Points Capital

Winston-Salem, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Five Points Capital makes both direct private equity and junior capital investments in US-based middle-market companies. Five Points prefers control based investments and will consider opportunities in a variety of industries. For both equity and mezzanine investments, the Firm looks to commit $5 to $25 million of capital in businesses with at least $10 million in sales and $3 million of EBITDA. Five Points Capital was formerly known as BB&T Capital Partners and re-branded in 2015. The Firm was established in 1997 and is based in Winston-Salem, North Carolina.


DEAL STATS #
Overall 57 of 58
Sector (Business Services) 9 of 9
Type (Secondary Buyout) 26 of 26
State (Maryland) 1 of 1
Country (United States) 57 of 58
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 SEAM Group

Beachwood, Ohio, United States

SEAM Group provides an unparalleled approach to strategic enterprise asset management, ensuring a safe environment while achieving improved utilization, enhanced performance and reliability all while reducing costs. SEAM specializes in electrical safety, predictive maintenance programs, reliability consulting and repair services; each supported by patented software systems ensuring program metrics. SEAM Group was formed in 1993 and is based in Beachwood, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-28 Raptor Scientific

Berlin, Connecticut, United States

Raptor Scientific is a manufacturer of complex test and measurement solutions primarily serving the aerospace and defense end markets. The Company's products are highly engineered, proprietary components with significant aftermarket content and a strong presence across major aerospace and defense platforms. Raptor Scientific was founded in 2019 and is based in Berlin, Connecticut.

Sell $655M