M&A Deal Summary

CID Capital and Capitala Group Acquire BigMouth

On November 18, 2016, private equity firm CID Capital and asset manager Capitala Group acquired consumer products company BigMouth

Acquisition Highlights
  • This is CID Capital’s 7th and Capitala Group’s 3rd transaction in the Consumer Products sector.
  • This is CID Capital’s 19th and Capitala Group’s 64th transaction in the United States.
  • This is CID Capital’s 1st and Capitala Group’s 3rd transaction in Connecticut.

M&A Deal Summary

Date 2016-11-18
Target BigMouth
Sector Consumer Products
Buyer(s) CID Capital
Capitala Group
Deal Type Recapitalization
Advisor(s) Woodbridge International (Financial)

Target

BigMouth

Glastonbury, Connecticut, United States
BigMouth is a designer and supplier of leisure-and-impulse-oriented consumer products. Sample product categories include inflatables and beach products, gifts, mugs, barware, and wine accessories, various housewares, and garden gifts, among others. BigMouth was founded in 2001 and is based in Glastonbury, Connecticut.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

CID Capital

Carmel, Indiana, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

CID Capital is a private investment firm that makes both venture capital and private equity investments. CID's private equity practice invests $10 to $15 million of equity capital in lower middle-market companies with $10 to $100 million of revenue and at least $3 million of cash-flow. Funds are generally used to support divestitures, management buyouts, leveraged buyouts, shareholder liquidity, recapitalization, and growth financing. Areas of interest include industrial products and services, general distribution, safety and security products, branded consumer products, medical products and services, building products, and food manufacturing. The Firm prefers investments located within the US. CID Capital was formed in 1981 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 19 of 32
Sector: Consumer Products M&A 7 of 8
Type: Recapitalization M&A Deals 9 of 13
State: Connecticut M&A 1 of 1
Country: United States M&A 19 of 31
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-19 Classic Accessories

Kent, Washington, United States

Classic Accessories is a designer and distributor of outdoor product covers. Classic Accessories' products protect and cover consumers' outdoor gear, including cars, RVs, motorcycles, patio furniture, grills, boats, snowmobiles, power equipment, generators, ATVs, UTVs, and golf carts. Classic Accessories was founded in 1983 and is based in Kent, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-02 Grandview Gallery

Memphis, Tennessee, United States

Grandview Gallery is a designer and supplier of affordable home décor products, including lamps, fixtures, and pendants sold through retail and online. Grandview Gallery was founded in 2006 and is based in Memphis, Tennessee.

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 65 of 100
Sector: Consumer Products M&A 3 of 3
Type: Recapitalization M&A Deals 7 of 12
State: Connecticut M&A 3 of 4
Country: United States M&A 64 of 99
Year: 2016 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-30 Mission Critical Electronics

Costa Mesa, California, United States

Mission Critical Electronics is a niche-oriented manufacturer of power conversion, battery charging and battery products operating under the brands Kussmaul Electronics, Newmar Power, ASEA Power Systems, Power Products, and American Battery Charging. The Company focuses on critical system applications in specialty vehicle, public safety, and industrial/marine applications where durability, reliability, and performance are essential to deliver immediately accessible power. MCE’s solutions address application-specific requirements for 4,000 customers across 2,000+ branded SKUs. Mission Critical Electronics is based in Costa Mesa, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-28 V12 Group

Red Bank, New Jersey, United States

V12 Group is a premium data provider through proprietary technology, businesses of all sizes gain access to over 5 billion premium consumer, business and automotive records. V12 Group is based in Red Bank, New Jersey.

Sell -