M&A Deal Summary |
|
|---|---|
| Date | 2008-07-15 |
| Target | Eurodesign Cabinets |
| Sector | Furniture |
| Buyer(s) | BlackEagle Partners |
| Sellers(s) | Long Point Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| Size | Small |
| Type | Sector Agnostic |
BlackEagle Partners is a private investment firm that targets both financially sound businesses as well as distressed companies in need of operational improvement. Targeted distressed situations include divestitures, companies in breach of their covenants, companies in or near bankruptcy, businesses impacted by 'external shocks and globalization', and businesses in out-of-favor industries. Prospective companies generally have revenues of $25 to $250 million and EBITDA of up to $15 million. BlackEagle's target investment size is $5 to $40 million and the firm only considers control positions. Sectors of interest include aerospace/defense, building products, construction services, consumer products, distribution, healthcare products/services, industrial products/services, natural resources, niche manufacturing, and transportation. BlackEagle Partners was formed in 2007 and is based in Bloomfield Hills, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 3 of 6 |
| Year: 2008 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-23 |
Rockford Products
Rockford, Illinois, United States Rockford Products is a manufacturer of highly-engineered, complex chassis and suspension components. It supplies agriculture, automotive, and aftermarket customers offering value-added services, including precision machining, engineering, heat treating, assembly, and finishing. Rockford Products was founded in 1929 and is based in Rockford, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-20 |
InStar Services Group
Troy, Michigan, United States InStar Services Group is a national disaster response and restoration company formed through the acquisition of four leading regional companies in the disaster response and restoration industry. InStar responds on an emergency basis following routine events such as fires and water line breaks as well as large-scale catastrophic events such as hurricanes, floods and tornadoes. Through its network of 24 full-service offices throughout the Eastern, Southern and Southwestern United States, InStar provides a full complement of restoration and reconstruction services to property owners/managers, commercial customers, insurers and individual homeowners. InStar Services Group is based in Troy, Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 315M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Long Point Capital is a private equity firm that targets investments in mid-sized North American companies where current management looks to continue on with the business. Sectors of interest include manufacturing, distribution, and services. Long Point prefers to be the lead investor and looks for businesses generating sales of $30 to $200 million and EBITDA of at least $5 million. Prospective transaction types include recapitalizations, growth equity investments, industry consolidations, generational ownership changes, and management buyouts. Long Point was formed in 1998 and is based in Royal Oak, Michigan with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 22 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 4 of 11 |
| State: California M&A | 1 of 2 |
| Country: United States M&A | 9 of 21 |
| Year: 2008 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-26 |
Torrent Resources
Phoenix, Arizona, United States Torrent Resources, Inc. is a provider of stormwater drainage solutions in the Southwestern United States and is headquartered in Phoenix, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-12 |
Quaker Fabric
Fall River, Massachusetts, United States Based in Fall River, Massachusetts, Quaker was a leading designer, manufacturer and worldwide marketer of woven upholstery fabrics for residential furniture. The Company was also a leading developer and manufacturer of specialty yarns. |
Sell | - |
