M&A Deal Summary |
|
|---|---|
| Date | 2015-08-01 |
| Target | Versare Solutions |
| Sector | Furniture |
| Buyer(s) | Convergent Capital Partners |
| Deal Type | Buyout (LBO, MBO, MBI) |
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| Category | Growth Capital Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Convergent Capital is a private investment firm that provides growth and debenture financing to late-stage growth companies. Convergent prefers to commit $3 to $12 million per transaction in businesses with at least $10 million in revenues. Convergent is a generalist investor and will consider businesses in a wide range of industries. Investment funds are typically used to assist growth, but the firm can also structure investments around buyouts, recapitalizations, consolidations, and add-on acquisitions. Convergent is licensed as a SBIC. Convergent Capital was formed in 1999 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 57 of 62 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 24 of 25 |
| State: Minnesota M&A | 12 of 12 |
| Country: United States M&A | 57 of 62 |
| Year: 2015 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-01 |
Nutiva
Richmond, California, United States Nutiva is a manufacturer and distributor of organic superfoods with products including hemp, coconut, chia, and red palm. Nutiva was founded in 1999 and is based in Richmond, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-01 |
ERP Power
Westlake Village, California, United States ERP Power is a designer and manufacturer of energy-efficient LED driver power electronics for commercial and industrial applications. ERP Power was founded in 2004 and is based in Westlake Village, California. |
Sell | - |
