M&A Deal Summary |
|
|---|---|
| Date | 2019-08-30 |
| Target | Naumann Hobbs Material Handling |
| Sector | Business Services |
| Buyer(s) |
CenterGate Capital
Stellus Capital Management |
| Sellers(s) |
Graycliff Partners
HCI Equity Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| PE ASSETS | 740M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
CenterGate Capital is a private equity firm focused on improving and growing lower middle market companies. The Firm looks to partner with companies generating $20 to $250 million in revenues. Sectors of interest include business services, industrials, energy services, consumer, and healthcare services. Prospective transaction situations include buyouts, divestitures, recapitalizations, shareholder liquidity needs, and restructurings. CenterGate Capital was founded in 2014 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 17 |
| Sector: Business Services M&A | 2 of 5 |
| Type: Secondary Buyout M&A Deals | 2 of 5 |
| State: Arizona M&A | 1 of 2 |
| Country: United States M&A | 6 of 15 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-12 |
Mid-State Industrial Maintenance
Lakeland, Florida, United States Mid-State Industrial Maintenance is a provider of on-site and off-site industrial maintenance and service solutions. Mid-State serves as an outsourced maintenance and repair services provider to customers in the chemical processing, phosphate mining, power generation, and building products industries throughout the southeastern United States. Mid-State Industrial Maintenance was founded in 1973 and is based in Lakeland, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-21 |
Soroc Technology
Woodbridge, Ontario, Canada Soroc Technology is a full-service IT firm that provides end-to-end IT infrastructure lifecycle services, including on-site and help desk support, procurement and deployment, professional services, recruiting, and business continuity and disaster recovery services. Soroc Technology is based in Woodbridge, Ontario. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Stellus Capital Management is a provider of debt and equity capital to middle-market companies headquartered throughout the US and Canada. For credit commitments, Stellus looks to provide $10 to $50 million of capital to help support buyouts, acquisitions, recapitalization, growth opportunities, rescue financing, distressed situations, as well as bridge loans. Sectors' of interest for Stellus' credit practice includes business services, energy, general industrial, government, healthcare, software and specialty finance. Stellus' equity practice seeks to provide $20 to $100 million to small and mid-sized energy (upstream, oilfield services, midstream) companies. Stellus Capital was originally formed in 2004 as Laminar Direct Capital and operated as the direct investing unit of D.E. Shaw. The Group became independent in 2012. Stellus has offices in Houston, New York City, and Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 86 |
| Sector: Business Services M&A | 1 of 12 |
| Type: Secondary Buyout M&A Deals | 3 of 19 |
| State: Arizona M&A | 1 of 4 |
| Country: United States M&A | 15 of 83 |
| Year: 2019 M&A | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-15 |
Invincible Boat
Opa Locka, Florida, United States Invincible Boat is a premium manufacturer of high-performance saltwater fishing boats. The company offers a portfolio of semi-custom monohull and catamaran models ranging from 33’ to 42’, designed for superior quality, ride, and tournament-level fishability. Invincible Boat was founded in 2006 and is based in Opa Locka, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-17 |
Cafe Valley Bakery
Phoenix, Arizona, United States Cafe Valley Bakery is a manufacturer of croissants and sweet baked goods including cakes, muffins, coffee cake bites, and loaf cakes. The company operates as a wholesale bakery serving the in-store bakery, club store, mass merchandise, foodservice, and convenience-store segments. Cafe Valley Bakery was founded in 1987 and is based in Phoenix, Arizona. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Graycliff Partners is a private equity firm focused on private equity and mezzanine investments in middle-market companies throughout the US. The Firm's mezzanine practice does not have any sector preferences and looks to invest $10 to $50 million in profitable companies with at least $10 million in revenue. Funds are used to support buyouts, growth needs, divestitures, or consolidations. Graycliff's private equity group looks to acquire middle-market companies in the manufacturing, service, and distribution sectors. The Firm looks for businesses with $10 to $200 million of revenue. Graycliff Partners was established in 1991 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 38 |
| Sector: Business Services M&A | 3 of 5 |
| Type: Secondary Buyout M&A Deals | 5 of 14 |
| State: Arizona M&A | 2 of 3 |
| Country: United States M&A | 15 of 35 |
| Year: 2019 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-18 |
StrataTech Education Group
Phoenix, Arizona, United States StrataTech Education Group is focused on the education, growth, and development of specialized career education schools, particularly skilled-trade programs designed to address the nation’s growing infrastructure needs. StrataTech Education Group is based in Phoenix, Arizona. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-10 |
Raptor Scientific
Berlin, Connecticut, United States Raptor Scientific is a manufacturer of complex test and measurement solutions primarily serving the aerospace and defense end markets. The Company's products are highly engineered, proprietary components with significant aftermarket content and a strong presence across major aerospace and defense platforms. Raptor Scientific was founded in 2019 and is based in Berlin, Connecticut. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
HCI Equity Partners is a private equity group that targets lower middle-market industrial product and service companies throughout North America. HCI is a 'hands on' investor, looking to assist portfolio companies with growth strategies and improving profitability. The Firm seeks opportunities with $20 to $200 million in revenues and strong management in place. Specific areas of interest include aerospace/defense, automotive and commercial vehicle suppliers, industrial distribution, infrastructure, power generation, test/measurement equipment, and transportation. HCI Equity Partners (fka Thayer | Hidden Creek Partners) is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 30 |
| Sector: Business Services M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 5 of 9 |
| State: Arizona M&A | 3 of 3 |
| Country: United States M&A | 17 of 28 |
| Year: 2019 M&A | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-28 |
HVH Transportation
Denver, Colorado, United States HVH Transportation, Inc. is an asset-light transportation provider. HVH primarily provides dry van truckload services throughout the Midwest, Southwest, and Western states. HVH Transportation was founded in 1956 and is based in Denver, Colorado. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-30 |
Ascend Leasing
Nashville, Tennessee, United States Ascend Leasing is a provider of regional transportation and logistics solutions, specializing in truckload and warehousing and distribution services. Ascend Leasing was founded in 1969 and is based in Nashville, Tennessee. |
Sell | - |
