M&A Deal Summary |
|
|---|---|
| Date | 2024-11-04 |
| Target | Riccobene Associates Family Dentistry |
| Sector | Healthcare Services |
| Buyer(s) |
Comvest Partners
Audax Private Debt |
| Sellers(s) | Beekman Group |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 16.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Comvest Partners is a private investment firm that provides equity and debt capital to middle-market companies across North America. Comvest funds a variety of investment situations, including buyouts, divestitures, recapitalizations, consolidations, take privates, and turnarounds. Sectors of interest include business services, information services, education, financial services, healthcare services, software, IT, and transportation. For equity investments, Comvest prefers control and looks to invest $50 to $150 million per transaction. For debt needs, Comvest seeks to provide $25 to $250 million per transaction. Comvest Partners was formed in 2000 and is based in West Palm Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 61 of 62 |
| Sector: Healthcare Services M&A | 9 of 9 |
| Type: Secondary Buyout M&A Deals | 12 of 12 |
| State: North Carolina M&A | 4 of 5 |
| Country: United States M&A | 60 of 61 |
| Year: 2024 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-28 |
Seatex
Rosenberg, Texas, United States Seatex is a chemical provider of turnkey liquids and solids blending, toll manufacturing, and packaging services. The Company produces detergents, sanitizers, emulsifiers, additives, and other products for the energy, cleaning, agronomics, and industrial end markets. It operates two production locations outside with in excess of 500,000 square feet of manufacturing space. Seatex was founded in 1967 and is based in Rosenberg, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-11 |
Bland Landscaping
Apex, North Carolina, United States Bland Landscaping is a provider of landscape design, installation, enhancement, and maintenance services for commercial properties and high-end residential estates. Bland Landscaping was founded in 1976 and is based in Apex, North Carolina. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 114 of 120 |
| Sector: Healthcare Services M&A | 10 of 11 |
| Type: Secondary Buyout M&A Deals | 54 of 58 |
| State: North Carolina M&A | 7 of 8 |
| Country: United States M&A | 112 of 118 |
| Year: 2024 M&A | 9 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-02 |
First Legal
Monterey Park, California, United States First Legal is a comprehensive File Thru Trial solutions firm providing a single-source approach that enables us to simplify the litigation process for our clients. The Firm's services including court filing, eFiling, service of process, court reporting, eDiscovery, record retrieval, digital, investigations, and trial support work together to ensure a personalized and effortless client experience. First Legal is based in Monterey Park, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-18 |
NSI Industries
Huntersville, North Carolina, United States NSI Industries is a provider of a wide variety of electrical connectors including insulated connectors and mechanical, digital time controls, time switches, wire management products, and related electrical components for construction, maintenance, and repair applications. NSI Industries was established in 1975 and is based in Huntersville, North Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
The Beekman Group, LLC is a private equity firm that invests in small to mid-sized healthcare, consumer, business, and financial services companies. TBG focuses on companies with revenues between $10 to $300 million. Beekman looks to invest $20 to $150 million per transaction. Specific areas of interest include hospital services, dental services, home care, outsourcing services, restaurants, specialty retail, consumer packaged goods, food and food services, infrastructure, education and training, logistics and distribution, insurance, specialty finance, community banking, and asset management. Target transaction types include MBOs, recapitalizations, consolidations, growth capital financings, corporate spin-offs, and special situations. The Beekman Group was formed in 2004 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector: Healthcare Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 5 of 5 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 7 of 7 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-04 |
Active Pro Rehab Partners
Cranford, New Jersey, United States Active Pro Rehab Partners is a provider of physical and occupational therapy services through its highly qualified, licensed professionals. Active Pro Rehab Partners was established in 1980 and is based in Cranford, New Jersey. |
Sell | - |
