M&A Deal Summary

Capital For Business, Diamond State Ventures and MidStates Capital Acquire Wayne Trademark

On January 1, 2008, private equity firm Capital For Business, growth capital firm Diamond State Ventures and private equity firm MidStates Capital acquired packaging company Wayne Trademark

Acquisition Highlights
  • This is Capital For Business’ 2nd, Diamond State Ventures’ 1st and MidStates Capital’s 1st transaction in the Packaging sector.
  • This is Capital For Business’ 9th, Diamond State Ventures’ 2nd and MidStates Capital’s 2nd transaction in the United States.
  • This is Capital For Business’ 1st, Diamond State Ventures’ 1st and MidStates Capital’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2008-01-01
Target Wayne Trademark
Sector Packaging
Buyer(s) Capital For Business
Diamond State Ventures
MidStates Capital
Deal Type Recapitalization

Target

Wayne Trademark

Asheboro, North Carolina, United States
Wayne Trademark is a regional manufacturer of labels, tags, cartons, and specialty commercial printed products. Wayne Trademark specializes in packaging materials whose primary products are pressure-sensitive labels and specialty commercial printed products. Wayne Trademark was founded in 1938 and is based in Asheboro, North Carolina.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 3

Buyer

Capital For Business

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1959
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Capital for Business (CFB) is a private investment firm focused on providing junior capital to growing lower middle-market companies with at least $10 to $100 million in sales. CFB targets businesses serving niche consumer, commercial, distribution, manufacturing, and service markets throughout the United States. Funds are typically used to support management buyouts, leveraged buyouts, recapitalizations, corporate divestitures, growth financings, and going-private transactions. CFB will not invest in start-ups, turnarounds, unproven technologies, biotech, real estate, and financial institutions. Capital for Business was founded in 1959 and is headquartered in St. Louis, Missouri.


DEAL STATS #
Overall 9 of 56
Sector: Packaging M&A 2 of 2
Type: Recapitalization M&A Deals 1 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 9 of 56
Year: 2008 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-12 Standard Locknut

Westfield, Indiana, United States

Standard Locknut is a manufacturer of specialized bearing accessories and also provides contract machining services. Standard Locknut was founded in 1948 and is based in Westfield, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-01 Preston Eastin

Tulsa, Oklahoma, United States

Preston Eastin designs and manufactures a complete line of manual, electric, and robotic welding positioners and manipulators. Customers range from small welding shops that use standard manual welding equipment to large industrial manufacturing operations that use sophisticated robotic welding equipment. A welding positioner can range in size from a small tabletop mount to large floor mount units that utilize I-beams for the frame, depending on the application. Preston Eastin was founded in 1972 and is based in Tulsa, Oklahoma.

Buy -
Buyer

Diamond State Ventures

Little Rock, Arkansas, United States

Investor


Category Growth Capital Firm
Founded 1999
PE ASSETS 125M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Diamond State Ventures (DSV) is a private equity and venture capital firm focused on small and lower middle-market company investments in Arkansas, as well as the Midwest and Southeast US. DSV looks to commit $1 to $5 million per investment, which can take the form of subordinated debt, preferred equity or a combination of the two. Prospective transaction situations include growth capital financings, management buyouts, family successions, recapitalizations, and early stage investments. Sectors of interest include niche manufacturing, business services, media, consumer products and services, education, healthcare, and technology. DSV will not invest in seed or startup companies. Diamond State Ventures is based in Little Rock.


DEAL STATS #
Overall 2 of 24
Sector: Packaging M&A 1 of 1
Type: Recapitalization M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 24
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-30 Veraction

Memphis, Tennessee, United States

Veraction LLC is a provider of software enabled transportation spend management (“TSM”) solutions to large, established globally-based enterprises. Veraction’s solutions help clients to optimize transportation spend, which improves supply chain visibility, allows for better collaboration with trading partners and identifies business efficiencies and significant cost savings.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-19 Arkansas Automatic Sprinklers

Cabot, Arizona, United States

Arkansas Automatic Sprinklers designs, manufactures, installs, maintains, and inspects fire protection equipment for hospitals, warehouses, schools, nursing homes, office buildings, penitentiaries, high rise buildings, and institutions in the United States. Arkansas Automatic Sprinklers was founded in 1984 and is based in Cabot, Arizona.

Buy -
DESCRIPTION

MidStates Capital is a private investment firm focused on investing in and acquiring privately held growth oriented companies in the Midwest US. The Firm generally pursues companies valued between $5 and $50 million and will consider private equity and mezzanine commitments. MidStates does not have any stated sector preferences. MidStates Capital is based in Overland Park, Kansas.


DEAL STATS #
Overall 2 of 6
Sector: Packaging M&A 1 of 1
Type: Recapitalization M&A Deals 1 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 6
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-05 MaMa Rosa s Pizza

Sidney, Ohio, United States

MaMa Rosa's Pizza LLC is a provider of refrigerated pizza products under the Mama Angelina’s, Old Italian and Lean Lifestyle brands. MaMa Rosa’s sells refrigerated pizza’s–not frozen, can be found in the deli/meat or dairy section of a grocery store.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 MaMa Rosa s Pizza

Sidney, Ohio, United States

MaMa Rosa's Pizza LLC is a provider of refrigerated pizza products under the Mama Angelina’s, Old Italian and Lean Lifestyle brands. MaMa Rosa’s sells refrigerated pizza’s–not frozen, can be found in the deli/meat or dairy section of a grocery store.

Sell -