M&A Deal Summary

Digital Fuel Capital, Eagle Private Capital, Pine Street Capital Partners and Bay Capital Investment Partners Acquire Summit Sports

On June 10, 2015, private equity firm Digital Fuel Capital, mezzanine finance firm Eagle Private Capital, mezzanine finance firm Pine Street Capital Partners and mezzanine finance firm Bay Capital Investment Partners acquired retailer Summit Sports

Acquisition Highlights
  • This is Digital Fuel Capital’s 1st, Eagle Private Capital’s 3rd, Pine Street Capital Partners’ 1st and Bay Capital Investment Partners’ 1st transaction in the Retail sector.
  • This is Digital Fuel Capital’s 5th, Eagle Private Capital’s 58th, Pine Street Capital Partners’ 24th and Bay Capital Investment Partners’ 7th transaction in the United States.
  • This is Digital Fuel Capital’s 1st, Eagle Private Capital’s 2nd, Pine Street Capital Partners’ 1st and Bay Capital Investment Partners’ 1st transaction in Michigan.

M&A Deal Summary

Date 2015-06-10
Target Summit Sports
Sector Retail
Buyer(s) Digital Fuel Capital
Eagle Private Capital
Pine Street Capital Partners
Bay Capital Investment Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Forbes Partners (Financial)

Target

Summit Sports

Bloomfield Hills, Michigan, United States
Summit Sports, Inc. is a consumer sporting goods retailer, wholesaler, and manufacturer. Summit Sports was founded in 1990 and is based in Bloomfield Hills, Michigan.

Search 214,356 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 4

DESCRIPTION

Digital Fuel Capital is a private investment firm focused on investing in and acquiring companies involved in digital marketing. This includes e-commerce, digital marketing service companies, and advertising/marketing technology companies. Digital Fuel was established in 2015 and is headquartered in Newton, Massachusetts.


DEAL STATS #
Overall 5 of 18
Sector: Retail M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 11
State: Michigan M&A 1 of 1
Country: United States M&A 5 of 17
Year: 2015 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-01 PuppySpot

Jersey City, Florida, United States

PuppySpot is an online marketplace for purebred and designer-breed puppies, connecting consumers with a screened and vetted network of thousands of responsible breeders nationwide. PuppySpot was founded in 2005 and is based in Jersey City, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Artful Home

Madison, Wisconsin, United States

Artful Home is a provider of an online selected assortment of artist-made home apparel, decor, and art. The company provides artists with a national marketing platform and consumers a curated selection of unique products. Artful Home was founded in 1985 and is based in Madison, Wisconsin.

Buy -
Buyer

Eagle Private Capital

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
PE ASSETS 1.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Eagle Private Capital (EPC) makes private equity and mezzanine investments in middle-market companies. The Firm typically invests $4 to $15 million per investment. EPC looks to partner with management or other private equity investors to provide growth or change of control capital. EPC is based in St. Louis, Missouri.


DEAL STATS #
Overall 58 of 87
Sector: Retail M&A 3 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 31 of 42
State: Michigan M&A 2 of 2
Country: United States M&A 58 of 87
Year: 2015 M&A 7 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-01 Retirement Horizons

The Woodlands, Texas, United States

Retirement Horizons, Inc. (RHI) is a full service retirement benefits consulting firm, offering plan sponsors one-stop assistance with all aspects of retirement planning for their employees.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 CSS Health

Thonotosassa, Florida, United States

CSS Health combines Medicine-On-Time, the innovative multi-dose blister-pack drug compliance packaging for pharmacies, and Clinical Support Services, an independent Medication Therapy Management patient outreach platform for health plans, in a unique end-to-end adherence offering designed to help patients more effectively take their medications as directed. CSS Health was formed in 1999 and is based in Thonotosassa, Florida.

Buy -
Buyer

Pine Street Capital Partners

Albany, New York, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2004
PE ASSETS 425M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Pine Street Capital Partners provides mezzanine capital to small and medium-sized private and public companies. PSCP will consider investments from $3 to $15 million in companies generating at least $10 million of sales. Target sectors include manufacturing, business services, consumer products, healthcare and media. PSCP prefers investments in the Northeast and Mid-Atlantic regions of the US, but will consider opportunities nationwide. Investment funds are typically used to support strategic acquisitions, growth, management and employee buyouts, and leveraged recapitalization. PSCP will not invest in the real estate, biotech and oil & gas industries. Pine Street Capital Partners was formed in 2004 and is based in Albany, New York.


DEAL STATS #
Overall 24 of 49
Sector: Retail M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 18
State: Michigan M&A 1 of 1
Country: United States M&A 24 of 49
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 SST Conveyor Components

Loveland, Ohio, United States

SST Conveyor Components is a designer and manufacturer of specialized conveyor components serving the material handling, distribution, and conveyor systems integration markets. SST Conveyor produces high-quality straight, tapered, grooved, and custom rollers, bearing assemblies, and pulleys tailored to meet the unique requirements of each customer. SST Conveyor Components was founded in 1957 and is based in Loveland, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Artful Home

Madison, Wisconsin, United States

Artful Home is a provider of an online selected assortment of artist-made home apparel, decor, and art. The company provides artists with a national marketing platform and consumers a curated selection of unique products. Artful Home was founded in 1985 and is based in Madison, Wisconsin.

Buy -
DESCRIPTION

Bay Capital Investment Partners is a private investment group that provides senior debt, subordinated debt, mezzanine capital and equity capital to facilitate acquisitions, management buyouts and recapitalizations and to provide growth capital. The Firm is sector agnostic however generally prefers companies in the Eastern US. Bay Capital Investment Partners was established in 2007 and is headquartered in Providence, Rhode Island.


DEAL STATS #
Overall 7 of 7
Sector: Retail M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 3
State: Michigan M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 Certica Solutions

Wakefield, Massachusetts, United States

Certica Solutions, Inc. provides an education technology platform, content and data solutions that enable K-12 educators and administrators to improve instructional and organizational performance. Certica partners with a diverse network of education technology companies, publishers and assessment providers; and delivers solutions directly to over 500 school districts, charter schools and educational service agencies. Certica Solutions was founded in 2000 and is based in Wakefield, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-16 Certica Solutions

Wakefield, Massachusetts, United States

Certica Solutions, Inc. provides an education technology platform, content and data solutions that enable K-12 educators and administrators to improve instructional and organizational performance. Certica partners with a diverse network of education technology companies, publishers and assessment providers; and delivers solutions directly to over 500 school districts, charter schools and educational service agencies. Certica Solutions was founded in 2000 and is based in Wakefield, Massachusetts.

Sell -