M&A Deal Summary |
|
|---|---|
| Date | 2015-10-22 |
| Target | Affordable Care |
| Sector | Healthcare Services |
| Buyer(s) |
Berkshire Partners
Harvest Partners |
| Sellers(s) |
American Capital
Fifth Street Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Jefferies William Blair (Financial) King & Spalding (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 16.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Berkshire Partners is a private equity firm focused on investing in businesses with strong management and that lead their respective markets. Berkshire will consider investments in both public and private companies. Prospective transactions for private companies include leveraged buyouts, recapitalizations, growth capital financings, and privatizations. Public company transactions include take-privates, PIPEs, and equity stakes. Berkshire generally looks to invest $150 to $500 million of equity capital per transaction in companies valued up to $2 billion. Sectors of interest include industrial manufacturing, consumer products, retailing, transportation, communications and business services. Berkshire Partners was formed in 1984 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 68 of 105 |
| Sector: Healthcare Services M&A | 2 of 4 |
| Type: Secondary Buyout M&A Deals | 10 of 23 |
| State: North Carolina M&A | 4 of 4 |
| Country: United States M&A | 60 of 93 |
| Year: 2015 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-14 |
The Telx Group
New York City, New York, United States The Telx Group, Inc. is a data center solution provider fueling infrastructure, interconnection and business progress. |
Sell | $1.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-08 |
Tower Development
Boston, Massachusetts, United States Tower Development Corp. is a tower development and acquisition vehicle wholly owned by Berkshire Partners. TDC actively pursues new tower builds and acquisitions in close partnership with Crown Castle. |
Sell | $461M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Harvest Partners is a Investment firm provides Private Equity and Structured Capital focused on buyout, growth capital, minority position, and non-control investments in middle-market public and private companies. Harvest Partners looks to invest in profitable ($30 to $300 million of EBITDA). Sectors of interest include business services, consumer services, healthcare, industrial services, manufacturing, marketing, building products and distribution companies valued between $100 and $1000 million. The Firm prefers opportunities headquartered in North America. Harvest Partners was formed in 1981 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 71 |
| Sector: Healthcare Services M&A | 5 of 7 |
| Type: Secondary Buyout M&A Deals | 16 of 35 |
| State: North Carolina M&A | 2 of 2 |
| Country: United States M&A | 32 of 67 |
| Year: 2015 M&A | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-28 |
Valet Living
Tampa, Florida, United States Valet Living is a provider of doorstep collection and recycling services, and also full-service amenities provider to the multifamily industry. Valet Living was founded in 1995 and is based in Tampa, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-17 |
AxelaCare Health Solutions
Lenexa, Kansas, United States AxelaCare Health Solutions LLC is a full-service home infusion therapy provider. Therapies provided range from immune globulin (IG) therapy to antibiotics and nutrition therapy for patients across the United States. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 22.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.
| DEAL STATS | # |
|---|---|
| Overall | 170 of 194 |
| Sector: Healthcare Services M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 60 of 71 |
| State: North Carolina M&A | 2 of 3 |
| Country: United States M&A | 164 of 186 |
| Year: 2015 M&A | 7 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-08 |
Aderant Holdings
Atlanta, Georgia, United States Aderant Holdings, Inc. is an independent legal software provider that offers comprehensive practice, financial and case management solutions for law and professional services firms of all sizes worldwide. |
Sell | $675M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-24 |
Dynojet
Las Vegas, Nevada, United States Dynojet is a manufacturer of aftermarket performance-enhancing automotive parts and accessories as well as diagnostic equipment for the Powersports industry. Dynojet was founded in 1972 and is based in North Las Vegas, Nevada. |
Sell | - |
Fifth Street Capital is a public investment firm focused on providing mezzanine financing to support expansions, acquisitions, recapitalizations, and management buyouts of middle-market US based companies. Fifth Street looks to invest between $5 and $50 million per transaction. Sectors of interest include consumer products, healthcare services, manufacturing, medical device manufacturing, food services, business services, restaurants, speciality retail, logistics, and value added distribution. Fifth Street Capital is based in White Plains, New York.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 59 |
| Sector: Healthcare Services M&A | 3 of 7 |
| Type: Secondary Buyout M&A Deals | 9 of 20 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 31 of 58 |
| Year: 2015 M&A | 9 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-08 |
CoAdvantage
Tampa, Florida, United States CoAdvantage engages in human resource solutions, providing Professional Employer Organization (PEO) services to small and medium-sized businesses nationwide. CoAdvantage specializes in and excels at handling human resources. CoAdvantage are HR experts who work as your outsourcing partner to administer payroll, benefits, workers’ compensation, and core HR functions. CoAdvantage was founded in 1997 and is based in Tampa, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-04 |
Dexter Axle Co.
Elkhart, Indiana, United States Dexter Axle Co., Inc. is a designer and manufacturer of trailer axle, brake and suspension assemblies and related replacement parts used primarily in the industrial and utility trailer. |
Sell | - |
