Investment Summary |
|
|---|---|
| Date | 2005-05-01 |
| Target | Advanced Machine & Stretchform International |
| Sector | Aerospace |
| Investor(s) | Convergent Capital Partners |
| Deal Type | Acquisition Financing |
| Advisor(s) | Janes Capital Partners (Financial) |
SEARCH BY
| 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 | 21 of 62 |
| Sector: Aerospace M&A | 1 of 1 |
| Type: Acquisition Financing M&A Deals | 2 of 4 |
| State: California M&A | 4 of 13 |
| Country: United States M&A | 21 of 62 |
| Year: 2005 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-05-01 |
WCB Ice Cream
Northvale, New Jersey, United States WCB Ice Cream is a designers, assemblers and suppliers of ice cream processing and packaging equipment world-wide. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-12-01 |
Hastings Manufacturing
Hastings, Michigan, United States Hastings Manufacturing is a global manufacturer of piston rings for internal combustion engines used in a broad range of automotive and industrial applications. Hastings Manufacturing was founded in 1915 and is based in Hastings, Michigan. |
Buy | - |
