Investment Summary |
|
|---|---|
| Date | 2021-02-25 |
| Target | Fremont-Wright |
| Sector | Engineering |
| Investor(s) |
Capitala Group
SouthWorth Capital Management |
| Deal Type | Growth Capital |
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| Category | Asset Manager |
|---|---|
| Founded | 1998 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Capitala Group is an asset manager that provides equity and mezzanine capital to mid-sized companies valued up to $250 million. Funds are generally used to support growth needs, add-on acquisitions, management/leveraged buyouts, and recapitalizations. Capitatala will invest across the US, but generally targets opportunities located in the Southeast. Industry preferences include building products, business services, consumer/reteail, general industrial, healthcare, and technology. Prospective companies typically have revenues greater than $10 million and EBITDA of at least $3 million. Capitala was formed in 1998 and is headquartered in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 88 of 98 |
| Sector (Engineering) | 2 of 2 |
| Type (Growth Capital) | 24 of 28 |
| State (Tennessee) | 7 of 7 |
| Country (United States) | 87 of 97 |
| Year (2021) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-12 |
Xirgo
Camarillo, California, United States Xirgo is a provider of wireless telematics modules for tracking, monitoring, protecting, and controlling remote assets and workers supporting the Internet of Things (“IoT”) growth sector. Xirgo Technologies was founded in 2005 and is based in Camarillo, California. |
Sell | $400M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-16 |
Point Broadband
West Point, Georgia, United States Point Broadband is an internet service provider to residential and business customers in rural and suburban America. Point Broadband was established in 2016 and is based in West Point, Georgia. |
Sell | - |
SouthWorth Capital Management is a family office and advisory firm serving lower middle-market companies. SouthWorth's investment interests include acquiring platform companies operating in fragmented industries with management already in place. Sectors of interest include distribution, marketing, business services, industrial manufacturing, retail, and real estate. SouthWorth Capital Management is based in Memphis, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Engineering) | 1 of 1 |
| Type (Growth Capital) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-25 |
Ascension Property Services
Memphis, Tennessee, United States Ascension Property Services provides coatings, HVAC maintenance, and installation, electric, and plumbing. Ascension Property Services was founded in 2019 and is based in Memphis, Tennessee. |
Sell | - |
