Investment Summary

CenterGate Capital Invests In Poseidon Barge

On August 7, 2023, private equity firm CenterGate Capital invested in business services company Poseidon Barge

Investment Highlights
  • This is CenterGate Capital’s 5th transaction in the Business Services sector.
  • This is CenterGate Capital’s 12th transaction in the United States.
  • This is CenterGate Capital’s 1st transaction in Indiana.

Investment Summary
Date 2023-08-07
Target Poseidon Barge
Sector Business Services
Investor(s) CenterGate Capital
Deal Type Growth Capital
Advisor(s) True North Strategic Advisors (Financial)

Target

Poseidon Barge

Berne, Indiana, United States
Poseidon Barge is a provider of sectional barges and related equipment for marine infrastructure construction. Poseidon Barge designs, manufactures, sells, and rents a wide range of Poseidon-branded sectional barges and accessories. Poseidon Barge was founded in 1986 and is based in Berne, Indiana.

Search 201,292 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) 1

Investor

CenterGate Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2014
PE ASSETS 740M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

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 13 of 15
Sector (Business Services) 5 of 5
Type (Growth Capital) 7 of 8
State (Indiana) 1 of 1
Country (United States) 12 of 14
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 Prisma Graphic

Phoenix, Arizona, United States

Prisma Graphic is a marketing solutions provider that offers a range of technology-enabled marketing logistics functions for enterprise customers. Prisma provides custom commercial printing, data analytics-driven direct mail services, packaging, and brand management for customers in a variety of end markets across the U.S. Prisma Graphic was founded in 1980 and is based in Phoenix, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-18 CTI

Rockville, Maryland, United States

CTI is a provider of Managed Print Services to federal agencies. CTI specializes in managing and servicing copiers, multi-function devices (MFD), laser printers, and fax machines. CTI was founded in 1990 and is based in Rockville, Maryland.

Buy -
Mergr

Product

Company

Legal