M&A Deal Summary

Centre Lane Partners and Capitala Group Acquire Alternative Biomedical Solutions

On January 4, 2018, private equity firm Centre Lane Partners and asset manager Capitala Group acquired medical products company Alternative Biomedical Solutions

Acquisition Highlights
  • This is Centre Lane Partners’ 1st and Capitala Group’s 3rd transaction in the Medical Products sector.
  • This is Centre Lane Partners’ 11th and Capitala Group’s 69th transaction in the United States.
  • This is Centre Lane Partners’ 2nd and Capitala Group’s 4th transaction in Texas.

M&A Deal Summary
Date 2018-01-04
Target Alternative Biomedical Solutions
Sector Medical Products
Buyer(s) Centre Lane Partners
Capitala Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Alternative Biomedical Solutions

Carrollton, Texas, United States
Alternative Biomedical Solutions is a supplier of high-performance mass spectrometry, toxicology and chemistry measurement systems. ABS offers a comprehensive line of analyzers, reagents, consumables, laboratory data management systems, and customized service agreements. Alternative Biomedical Solutions is based in Carrollton, Texas.

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Buyer(S) 2

Buyer

Centre Lane Partners

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Centre Lane Partners is a private investment firm focused on making credit and equity, control and non-control, investments in North American middle-market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. The Firm does not have any sector preferences and seeks to invest $5 to $250 million per transaction. Centre Lane Partners was formed in 2007 and is headquartered in New York City.

DEAL STATS #
Overall 12 of 17
Sector (Medical Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 5 of 5
State (Texas) 2 of 2
Country (United States) 11 of 16
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-27 Zenfolio

Menlo Park, California, United States

Zenfolio is a software platform for professional and amateur photographers to showcase, manage and monetize their work with a comprehensive feature set, including a suite of marketing tools that saves time, increases efficiency, and allows them to focus on photography. Zenfolio was founded in 2005 and is based in Menlo Park, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 Infobase Learning

New York, New York, United States

Infobase Learning is a cloud-based subscription provider of digital educational content solutions to colleges and universities, K-12 schools, public libraries and enterprises. Product formats include books, eBooks, online databases, eLearning Modules, videos, and digital products under such well-known names as Facts On File, Films for the Humanities & Sciences, Cambridge Educational, Chelsea House, Bloom's Literary Criticism, World Almanac, and Ferguson Publishing. With thousands of titles and numerous award winners, Infobase provides students, librarians, and educators with authoritative, reliable resources supporting the curriculum across a wide variety of subject areas˜from history, science, and literature to careers, health, and social issues.

Buy -
Buyer

Capitala Group

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1998
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

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 70 of 98
Sector (Medical Products) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 31 of 41
State (Texas) 4 of 6
Country (United States) 69 of 97
Year (2018) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 ThreeBridge Solutions

Minneapolis, Minnesota, United States

ThreeBridge Solutions is a provider of information technology and business consulting services. ThreeBridge is focused on serving the growing market opportunity between global strategic consulting firms and local staffing companies. ThreeBridge Solutions was founded in 2009 and is based in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-23 Optio Rx

Oak Brook, Illinois, United States

Optio Rx is an owner and operator of specialty compounding pharmacies and home infusion providers licensed across the United States. Optio currently specializes in providing medication and care in the fertility, veterinary, and hemophilia segments. Optio Rx was founded in 2018 and is based in Oak Brook, Illinois.

Buy -
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