M&A Deal Summary

Charger Investment Partners Acquires SBG Holdings

On February 21, 2024, private equity firm Charger Investment Partners acquired machinery company SBG Holdings from Blue Point Capital Partners

Acquisition Highlights
  • This is Charger Investment Partners’ 1st transaction in the Machinery sector.
  • This is Charger Investment Partners’ 6th transaction in the United States.
  • This is Charger Investment Partners’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2024-02-21
Target SBG Holdings
Sector Machinery
Buyer(s) Charger Investment Partners
Sellers(s) Blue Point Capital Partners
Deal Type Secondary Buyout
Advisor(s) BlackArch (Financial)

Target

SBG Holdings

Rockford, Tennessee, United States
SBG Holdings is a holding company of subsidiary trade brands providing consumables and associated equipment for the ongoing maintenance, conversion and placement of concrete flooring and other hardscapes through its industry-leading brands of SASE and Bartell Global. SBG Holdings is based in Rockford, Tennessee.

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Buyer(S) 1

DESCRIPTION

Charger Investment Partners is a private investment firm focused on middle-market private and public transactions across North America. The Firm will consider a variety of transaction situations including corporate divestitures, recapitalizations, management buyouts and private sales. Prospective companies are generally profitable with sales up to $350 million and EBITDA up to $35 million. Charger Investment Partners is based in Hermosa Beach, California.


DEAL STATS #
Overall 6 of 7
Sector (Machinery) 1 of 1
Type (Secondary Buyout) 3 of 4
State (Tennessee) 1 of 1
Country (United States) 6 of 7
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 Unitech Composites

Hayden, Idaho, United States

Unitech Composites designs develop and manufacture high-performance parts and assemblies for the aerospace and defense industries. Unitech Composites specializes in composite and metal parts for all segments of the aircraft industry, including new production and aftermarket service for both commercial and defense aircraft. Unitech Composites was founded in 1980 and is based in Hayden, Idaho.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Wolf-Gordon

New York, New York, United States

Wolf-Gordon is a designer, marketer, and distributor of wallcoverings and upholstery for the commercial market. Wolf-Gordon was established in 1967 and is based in New York City.

Buy -

Seller(S) 1

SELLER

Blue Point Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1990
PE ASSETS 1.9B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Blue Point Capital Partners is a middle-market private equity firm focused on investments throughout the US, Canada, and Europe. The Firm looks to commit $10 to $50 million of equity capital in companies generating sales of $30 to $300 million and EBITDA of at least $7 million. Blue Point looks for control investments that arise from management led buyouts, recapitalizaitons, and companies in need of growth capital. Sectors of interest include transportation components, metals processing, plastics, packaging, specialty distribution, environmental, building materials, industrial textiles, transportation/logistics, chemicals, industrial outsourcing, and engineered components. Blue Point will not invest in real estate, restaurants, retail, or companies operating in highly regulated industries. Blue Point Capital Partners was formed in 1990 and has offices in Cleveland, Ohio; Charlotte, North Carolina; and Seattle, Washington.


DEAL STATS #
Overall 36 of 36
Sector (Machinery) 3 of 3
Type (Secondary Buyout) 22 of 22
State (Tennessee) 2 of 2
Country (United States) 33 of 33
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-27 SASE

Rockford, Tennessee, United States

SASE is a manufacturer and supplier of equipment and consumables used in the concrete polishing industry. SASE was founded in 1985 and is based in Rockford, Tennessee.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-21 National Safety Apparel

Cleveland, Ohio, United States

National Safety Apparel manufactures protective apparel for industrial safety workers. Using the latest fabrics and technologies, NSA regularly introduces new and innovative products to enhance the safety apparel experience for workers. National Safety Apparel was formed in 1935 and is based in Cleveland, Ohio.

Buy -