M&A Deal Summary

Blue Point Capital Partners Acquires VRC Holdings

On August 20, 2019, private equity firm Blue Point Capital Partners acquired manufacturer VRC Holdings

Acquisition Highlights
  • This is Blue Point Capital Partners’ 6th transaction in the Manufacturing sector.
  • This is Blue Point Capital Partners’ 36th transaction in the United States.
  • This is Blue Point Capital Partners’ 2nd transaction in Wisconsin.

M&A Deal Summary
Date 2019-08-20
Target VRC Holdings
Sector Manufacturing
Buyer(s) Blue Point Capital Partners
Deal Type Consolidation

Target

VRC Holdings

Milwaukee, Wisconsin, United States
VRC Holdings is a designer and manufacturer of mission-critical seals, wiring grommets, tubing and molded thermoplastics primarily for the aerospace & defense, automotive, industrial, oil & gas, marine, and medical end markets. VRC Holdings is based in Milwaukee, Wisconsin.

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Buyer(S) 1

Buyer

Blue Point Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1990
PE ASSETS 1.9B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Blue Point Capital Partners is a middle-market private equity firm focused on investments throughout the US, Canada, and Europe. The Firm looks to commit $10 to $50 million of equity capital in companies generating sales of $30 to $300 million and EBITDA of at least $7 million. Blue Point looks for control investments that arise from management led buyouts, recapitalizaitons, and companies in need of growth capital. Sectors of interest include transportation components, metals processing, plastics, packaging, specialty distribution, environmental, building materials, industrial textiles, transportation/logistics, chemicals, industrial outsourcing, and engineered components. Blue Point will not invest in real estate, restaurants, retail, or companies operating in highly regulated industries. Blue Point Capital Partners was formed in 1990 and has offices in Cleveland, Ohio; Charlotte, North Carolina; and Seattle, Washington.

DEAL STATS #
Overall 40 of 53
Sector (Manufacturing) 6 of 7
Type (Consolidation) 3 of 4
State (Wisconsin) 2 of 2
Country (United States) 36 of 49
Year (2019) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-14 CPP

Cleveland, Ohio, United States

CPP is an aerospace casting manufacturer and offers both sand and investment casting capabilities. The company specializes in producing complex, mission-critical components for a variety of leading commercial and military aircraft and regional/business jets, as well as industrial gas turbines. CPP was founded in 1991 and is based in Cleveland, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 Hilco Vision

Mansfield, Massachusetts, United States

Hilco Vision is a distributor of branded and consumable professional eyecare products and optical accessories throughout the eye healthcare supply chain. Hilco Vision has a highly diverse suite of branded and non-branded optical products and accessories, offering more than 30,000 SKUs and an expansive distribution network, uniquely allowing the Company to serve both optical chains and independent optical locations alike as a "one-stop-shop." Hilco Vision was founded in 1956 and is based in Mansfield, Massachusetts.

Sell -
Mergr

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