Investment Summary

Capital For Business, First Capital Partners and B12 Capital Partners Invest In Entegra

On July 1, 2020, private equity firm Capital For Business, mezzanine finance firm First Capital Partners and private equity firm B12 Capital Partners invested in metals/mining company Entegra

Investment Highlights
  • This is Capital For Business’ 5th, First Capital Partners’ 1st and B12 Capital Partners’ 1st transaction in the Metals/Mining sector.
  • This is Capital For Business’ 43rd, First Capital Partners’ 25th and B12 Capital Partners’ 10th transaction in the United States.
  • This is Capital For Business’ 4th, First Capital Partners’ 4th and B12 Capital Partners’ 2nd transaction in Illinois.

Investment Summary

Date 2020-07-01
Target Entegra
Sector Metals/Mining
Investor(s) Capital For Business
First Capital Partners
B12 Capital Partners
Deal Type Acquisition Financing

Target

Entegra

Saint Charles, Illinois, United States
Entegra is a holding company for manufacturers of highly unique static, hydraulic, and electric work tool attachments for light & heavy mobile equipment and stationary work platforms. Entegra is based in Saint Charles, Illinois.

Search 201,771 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

Investor(S) 3

Investor

Capital For Business

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1959
PE ASSETS 150M 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 $8 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 43 of 55
Sector (Metals/Mining) 5 of 6
Type (Acquisition Financing) 1 of 1
State (Illinois) 4 of 6
Country (United States) 43 of 55
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-24 Hi-Grade Welding & Mfg

Schaumburg, Illinois, United States

Hi-Grade Welding and Manufacturing LLC is a manufacturer of customized high-quality sub-assemblies used in an original equipment manufacturer ('OEMs') final product. The company's manufacturing operations include precision CNC machining, sheet metal fabrication, MIG/tig welding, as well as final assembly for various OEMs. Hi-Grade specializes in short-run projects with limited lead times and production runs that vary from 1 to 10,000 units per project. Hi-Grade Welding & Mfg was founded in 1969 and is based in Schaumburg, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-14 IFH Group

Rock Falls, Illinois, United States

IFH Group manufactures custom steel fuel and hydraulic oil tanks for off-road and specialty vehicles markets. Applications include heavy terrain forklifts, earth boring equipment, boom cranes, back hoes, grounds keeping equipment, end loaders and hay bailers. Fuel Tanks and Hydraulic Reservoirs range in capacities from 1 to more than 300 gallons, and are manufactured from steel, stainless steel, aluminum, or aluminized steel. IFH Group is based in Rock Falls, Illinois.

Buy -
Investor

First Capital Partners

Omaha, Nebraska, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2006
PE ASSETS 241M USD
Size Small
Type Sector Agnostic
DESCRIPTION

First Capital Partners is an Omaha, Nebraska-based private investment firm that provides equity and subordinated debt financing to lower middle-market companies. First targets businesses with revenues of $10 to $100 million and EBITDA up to $10 million. Investments are generally used to fund management buyouts, growth capital financings, recapitalizations, divestitures, and generational transfers of ownership. Broad areas of interest include manufacturing, business services, and value-added distribution. First Capital will not invest in startups, early stage companies, high technology, real estate, or retail. First Capital Partners is based in US.


DEAL STATS #
Overall 25 of 33
Sector (Metals/Mining) 1 of 1
Type (Acquisition Financing) 1 of 1
State (Illinois) 4 of 5
Country (United States) 25 of 33
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-30 Bestronics

San Jose, California, United States

Bestronics, Inc. provides printed circuit board and box assembly services to a diverse base of OEMs in the industrial, medical, power and other markets. Bestronics, Inc. was founded in 1990 and is based in San Jose, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Calcium Products

Ames, Iowa, United States

Calcium Products produces pelletized limestone and calcium for agriculture and commercial applications. Calcium Products was founded in 1987 and is based in Ames, Iowa.

Sell -
Investor

B12 Capital Partners

Kansas, Missouri, United States

Investor Investor


Category Private Equity Firm
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

B12 Capital Partners is a private equity fund focused on partnering with managers to invest in manufacturing and distribution companies with revenues of $5 to $50 million. B12 provides capital for growth, ownership transitions, as well as outright acquisitions. The Firm prefers profitable businesses (up to $5 million of EBITDA) with sustainable competitive positions and identifiable growth prospects. B12 targets companies located in the Midwest, Southeast, and Intermountain West. B12 will not consider startups, early-stage transactions, turnarounds, or businesses in real estate, oil/gas, restaurants, and retail. B12 was established in 2006 and is based in Kansas City, Missouri.


DEAL STATS #
Overall 10 of 10
Sector (Metals/Mining) 1 of 1
Type (Acquisition Financing) 1 of 1
State (Illinois) 2 of 2
Country (United States) 10 of 10
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-07 Weis Fire & Safety Equipment

Salina, Kansas, United States

Weis Fire & Safety Equipment is a manufacturer and servicer of fire apparatus vehicles and testing equipment, as well as a Kansas distributor of a complete line of fire and rescue accessories, including adapters, nozzles, hoses, lights and sirens, protective clothing and other accessories. They also represent Toyne a manufacturer of pumper, pumper tankers and aerial products. Weis Fire & Safety Equipment is based in Salina, Kansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-12 Arrow Material Handling Products

Lenexa, Kansas, United States

Arrow Material Handling Products fabricates and distributes forks and attachments for all makes and models of forklift trucks, skid steers, and construction equipment. Arrow's products are sold to customers that include construction companies, rental companies, farmers and ranchers, original equipment manufacturers, and machinery distributors. Arrow Material Handling Products was founded in 1969 and is based in Lenexa, Kansas.

Sell -