M&A Deal Summary |
|
|---|---|
| Date | 2022-11-01 |
| Target | Sanitary Solutions |
| Sector | Distribution |
| Buyer(s) | Cardinal Equity Partners |
| Deal Type | Buyout (LBO, MBO, MBI) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Cardinal Equity Partners is a privately owned partnership that targets investments in lower middle-market businesses headquartered in the central portion of the US. Cardinal looks for light manufacturing, distribution, or service businesses with $5 to $50 million in revenue and at least $1 million of EBITDA. Prospective transaction situations include management buyouts, recapitalizations, family successions, and corporate spin-offs. Cardinal prefers businesses with proven management, recurring revenue, and no major customer concentration issues. Cardinal will not invest in software, heavy manufacturing, automotive, consulting, or companies with a significant percentage of non-US sales. Cardinal Equity Partners was formed in 1993 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 28 |
| Sector: Distribution M&A | 4 of 4 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 16 of 16 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 27 of 28 |
| Year: 2022 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
A.S.A.P. Garage Door Repair
Huntley, Illinois, United States A.S.A.P. Garage Door Repair is a regional provider of garage doors and repair services. A.S.A.P. Garage Door Repair was founded in 1993 and is based in Huntley, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-23 |
Devansoy
Rock City, Illinois, United States Devansoy is a manufacturer of soy, oat, and pea protein ingredients. Devansoy was founded in 1990 and is based in Rock City, Illinois. |
Buy | - |
