M&A Deal Summary |
|
|---|---|
| Date | 2021-08-05 |
| Target | Eclipse Business Capital |
| Sector | Financial Services |
| Buyer(s) | Barings |
| Sellers(s) | Cequel III |
| Deal Type | Recapitalization |
| Advisor(s) | Wells Fargo Securities (Financial) Skadden, Arps, Slate, Meagher & Flom (Legal) |
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| Category | Company |
|---|---|
| Founded | 1989 |
| Sector | Financial Services |
| Revenue | 123M USD (2024) |
Barings is a business development company that primarily makes debt investments in middle-market companies. Barings was founded in 1989 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-21 |
Sierra Income
New York, New York, United States Sierra Income is a non-traded business development company that invests primarily in first lien senior secured debt, second lien secured debt, and, to a lesser extent, subordinated debt of middle-market companies in a broad range of industries with annual revenue between $50 million and $1 billion. Sierra Income is based in New York City. |
Buy | $624M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| Size | Small |
| Type | Sector Agnostic |
Cequel III LLC is a specialist investment and management firm focused on the development of cable and telecommunications companies. Cequel was formed in 2002 and is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 8 of 8 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-05 |
StayLock Storage
St. Louis, Missouri, United States StayLock Storage is a provider of self-storage, under the StayLock banner. The facilities feature 916 non-climate controlled storage units and 37 spaces for boat and vehicle parking with five locations in Northwest Indiana. Locations include Demotte, Hebron, Kouts, Wheatfield, and Winfield (Lake of the Four Seasons), Indiana. StayLock Storage was founded in 2016 and is based in St. Louis, Missouri. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-05 |
Springfield Urgent Care
Clarkston, Michigan, United States Springfield Urgent Care is an operator of state-of-the-art walk-in clinics that provide quality care for non-life-threatening illnesses and injuries. Springfield Urgent Care was founded in 2017 and is based in Clarkston, Michigan. |
Buy | - |