M&A Deal Summary

Brass Ring Capital Acquires XeteX

On June 1, 2022, private equity firm Brass Ring Capital acquired consumer services company XeteX

Acquisition Highlights
  • This is Brass Ring Capital’s 1st transaction in the Consumer Services sector.
  • This is Brass Ring Capital’s 14th transaction in the United States.
  • This is Brass Ring Capital’s 4th transaction in Minnesota.

M&A Deal Summary

Date 2022-06-01
Target XeteX
Sector Consumer Services
Buyer(s) Brass Ring Capital
Deal Type Recapitalization

Target

XeteX

Minneapolis, Minnesota, United States
XeteX is a specialty manufacturer of energy recovery and heat transfer HVAC systems. XeteX was founded in 1984 and is based in Minneapolis, Minnesota.

Search 201,429 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Brass Ring Capital

Minnetonka, Minnesota, United States

Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Brass Ring Capital is a private investment firm focused on small company investments in the upper Midwest US. Brass Ring looks for profitable companies generating revenues of $5 to $50 million and EBITDA of $1 to $5 million. Sectors of interest include business services and manufacturing. Brass Ring's investment horizon is between four and five years. Brass Ring will not invest in companies requiring major restructuring or investment in technology. Brass Ring Capital is based in Minnetonka, Minnesota.


DEAL STATS #
Overall 14 of 16
Sector (Consumer Services) 1 of 1
Type (Recapitalization) 10 of 11
State (Minnesota) 4 of 4
Country (United States) 14 of 16
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-09 Portu Sunberg

Minneapolis, Minnesota, United States

Portu Sunberg provides innovative sales and marketing, creative services, data insights and account management to emerging consumer brands and private label suppliers. Portu Sunberg was founded in 1977 and is based in Minneapolis, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-01 CRI Environmental Solutions

Woodville, Wisconsin, United States

CRI Environmental Solutions is a provider of sustainability-focused recycling and waste management services. CRI Environmental Solutions was founded in 1996 and is based in Woodville, Wisconsin.

Buy -