Investment Summary |
|
|---|---|
| Date | 2017-06-08 |
| Target | Statlab Medical Products |
| Sector | Medical Products |
| Investor(s) |
Cressey & Company
Golub Capital |
| Sellers(s) |
Prairie Capital
Caldera Capital Partners |
| Deal Type | Recapitalization |
| Advisor(s) | Baird (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Focused |
Cressey & Company LP is a specialist private equity investment firm focused on buy-and-build opportunities in the healthcare sector. The firm invests in the range of $10 - $100 million and EBITA of at least $5 million. The firm specific areas of interest include hospitals, homecare, outpatient services, and specialty distribution. Types of transaction include buyout, growth and recapitalization. It also seeks controlling interest. Cressey & Company has offices in Chicago, Illinois and Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 37 |
| Sector: Medical Products M&A | 4 of 5 |
| Type: Recapitalization M&A Deals | 4 of 6 |
| State: Texas M&A | 5 of 5 |
| Country: United States M&A | 26 of 36 |
| Year: 2017 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-14 |
Verisys
Louisville, Kentucky, United States Verisys provides a comprehensive cloud-based technology platform of data, analytics, and services that supports enterprise-wide compliance in the U.S. healthcare industry. Verisys protects healthcare consumers by enforcing competency and regulatory compliance, system integrity, and patient safety through transparency. Verisys was founded in 1992 and is based in Louisville, Kentucky. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-01 |
ProgenyHealth
Plymouth Meeting, Pennsylvania, United States ProgenyHealth provides maternity and neonatal (NICU) care-management services. The Company partners with health plans, hospitals, and employers to support women, infants and families from pregnancy through infancy offering early risk detection, care coordination, case management, and payment-validation services aimed particularly at high-risk pregnancies and premature or medically complex newborns. ProgenyHealth was founded in 2003 and is based in Plymouth Meeting, Pennsylvania. |
Buy | - |
| Category | Lender |
|---|---|
| Founded | 1994 |
| PE ASSETS | 75.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Golub Capital is a private investment firm focused on making debt and equity investments in US based middle-market companies. Golub looks to invest between $5 and $75 million in businesses with established operating cash flow, strong customer relationships, and 'sustainable proprietary positions in their markets'. Prospective investment structures include refinancings, recapitalizations, buyouts, and growth financings. Sectors of interest include consumer products, business and consumer services, defense, manufacturing, value-added distribution, media, healthcare services and restaurants. Golub Capital was formed in 1994 and maintains offices in New York City, Atlanta, and Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 49 of 69 |
| Sector: Medical Products M&A | 5 of 7 |
| Type: Recapitalization M&A Deals | 6 of 10 |
| State: Texas M&A | 4 of 5 |
| Country: United States M&A | 49 of 66 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-04 |
Whitcraft
Eastford, Connecticut, United States Whitcraft is a manufacturer of high quality, precision formed, machined and fabricated metal parts for the U.S. aerospace industry. The Company manufactures new and replacement jet engine and helicopter parts for large engine manufacturers serving both the commercial and military aircraft market. Whitcraft was founded in 1960 and is based in Eastford, Connecticut. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-27 |
PetVet Care Centers
Westport, Connecticut, United States PetVet Care Centers is an operator and consolidator of specialty veterinary hospitals and general practice veterinary clinics. With over 600 general veterinarians and board-certified specialists, ranging from emergency critical care to cardiology and orthopedic surgery. PetVet Care Centers was founded in 2012 and is based in Westport, Connecticut. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 525M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prairie Capital is a private investment firm that provides equity and/or mezzanine capital to support buyouts and recapitalization of lower middle-market companies generating sales of $20 - $100 million with an EBITDA of $4 - $12 million. Areas of interest include niche manufacturers, business services, consumer products, marketing services, specialty chemical, and food businesses. The firm invests in the range of $25 - $45 million per transaction. Prairie Capital was formed in 1997 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 56 |
| Sector: Medical Products M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 4 of 4 |
| State: Texas M&A | 3 of 5 |
| Country: United States M&A | 38 of 55 |
| Year: 2017 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-26 |
Architectural Lighting Works
Oakland, California, United States Architectural Lighting Works is a designer and assembler of architectural LED lighting fixtures and participates in the large, fragmented, and rapidly growing LED lighting industry. Architectural Lighting Works was established in 2006 and is headquartered in Oakland, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-01 |
Right at School
Evanston, Illinois, United States Right at School provides safe, engaging, and meaningful in-school and extracurricular programs to enrich the lives of students, give parents peace of mind, and enable schools to focus on their academic mission. Right at School was founded in 2011 and is based in Evanston, Illinois. |
Buy | - |
| Category | Search Fund |
|---|---|
| Founded | 2007 |
| Size | Small |
| Type | Sector Agnostic |
Caldera Capital Partners is a search fund focused on acquiring one business or consumer service company. Caldera has particular interest in businesses with recurring revenue, diverse customers, identifiable growth opportunities, and at least 3 years of profitability and growth. Target businesses should have revenue growth in excess of 10% and at least $2 million in EBITDA. Sectors of interest include finance, accounting, legal, HR outsourcing, software, transaction and document processing, logistics and facilities management, niche marketing services, environmental services, specialty healthcare services, compliance, risk and fraud management, information and database services. Caldera Capital Partners was formed in 2007 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Medical Products M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-09-04 |
Statlab Medical Products
McKinney, Texas, United States Statlab Medical Products is a developer and manufacturer of cost-effective histology, cytology, and immunohistochemistry diagnostic supplies. StatLab offers 1,750 of the most commonly purchased diagnostic supplies used by independent and hospital-based anatomic pathology laboratories. Statlab Medical Products was founded in 1976 and is based in McKinney, Texas. |
Buy | - |
