M&A Deal Summary |
|
|---|---|
| Date | 2019-02-01 |
| Target | Citizens Rx |
| Sector | Business Services |
| Buyer(s) |
Cornell Capital
Constitution Capital Partners |
| Sellers(s) |
Comvest Partners
Martis Capital Managment |
| Deal Type | Recapitalization |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2013 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Cornell Capital is a private investment firm that seeks to partner with strong management teams to build businesses. Cornell Capital does not have any sector preferences and focuses on opportunities across the US. Cornell Capital was formed in 2013 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 17 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 7 of 14 |
| Year: 2019 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-08 |
Fekkai
New York, New York, United States Fekkai develops and produces hair and body care products, including shampoos, conditioners, treatments, hair fragrances, and styling products. Additionally, The company owns and operates a number of salons across the United States. Fekkai was founded in 1958 and is based in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-03-04 |
Corelle Brands
Rosemont, Illinois, United States Corelle Brands LLC is a manufacturer and marketer of bakeware, dinnerware, kitchen and household tools, rangetop cookware and cutlery products. Corelle Brands LLC and its affiliates manufacture and market products worldwide through a portfolio of well-recognized and respected brands, including under the Pyrex®, Corelle®, Corningware®, Snapware®, Chicago Cutlery®, Revere®, Visions®, Ekco® and Baker's Secret® trademarks. Corelle Brands LLC and its affiliates employ approximately 3,000 people, and have major manufacturing and distribution operations in North America and Asia-Pacific regions. Corelle Brands LLC was incorporated in 1991 and is based in Rosemont, Illinois. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 6.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Constitution Capital Partners is a private equity and asset management firm focused on opportunities throughout North America. Constitution Capital typically invests in private equity partnerships, however the Firm also makes direct private equity and credit investments. Constitution Capital Partners does not have any sector preferences. Constitution Capital Partners was formed in 2008 and is headquartered in Andover, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 44 of 89 |
| Sector: Business Services M&A | 3 of 11 |
| Type: Recapitalization M&A Deals | 3 of 4 |
| State: Illinois M&A | 6 of 7 |
| Country: United States M&A | 40 of 83 |
| Year: 2019 M&A | 2 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-25 |
Clarity
Madison, Connecticut, United States Clarity is a data and technology-driven provider of member communication solutions for health insurance payors, third party administrators (“TPAs”), and dental insurance companies. The Company’s software collects, consolidates and cleanses its customers’ data from multiple sources to generate compliant and personalized digital member communications across the enrollment, claims, and payments, and compliance functions of its customers. Clarity was founded in 2007 and is based in Madison, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-04 |
MediaAlpha
Los Angeles, California, United States MediaAlpha is a marketing technology company that operates transparent and efficient exchange platforms that facilitate real-time transactions between advertisers and publishers of performance media. MediaAlpha has developed distinctive platform solutions for a range of insurance verticals, including auto, motorcycle, home, renter, health and life, and non-insurance verticals, including travel, education, personal finance, and home services. MediaAlpha powers over 200 million transactions annually, representing more than $400 million in aggregate media spend. MediaAlpha was founded in 2014 and is based in Los Angeles, California. |
Buy | - |
| 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 | 31 of 42 |
| Sector: Business Services M&A | 3 of 3 |
| Type: Recapitalization M&A Deals | 2 of 2 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 31 of 42 |
| Year: 2019 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-25 |
Red Hawk Fire & Security
Boca Raton, Florida, United States Red Hawk Fire & Security LLC is a provider of fire safety and integrated security installation, maintenance and monitoring services. Red Hawk Fire & Security was founded in 1999 and is based in Boca Raton, Florida. |
Sell | $318M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-20 |
IHP
Nashville, Tennessee, United States Innovative Hearth Products is a manufacturer of indoor and outdoor fireplaces, fireplace inserts, free-standing stoves, gas log sets, venting products and accessories for the specialty retail, residential new construction and industrial markets. Based in Nashville, Tenn. IHP operates manufacturing facilities in Russellville, Ala., Santa Ana, Calif. and Auburn, Wash. |
Sell | - |
Martis Capital Management is a private equity firm focused exclusively on the North American middle-market healthcare industry. The Firm seeks founder-led companies in the services and outsourcing, information technology, consumer and wellness, and products and diagnostic sub-sectors. Martis considers buyout and growth equity opportunities with typical transactions between $25 and $100 million. Martis Capital Management is headquartered in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 11 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Recapitalization M&A Deals | 2 of 3 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 4 of 11 |
| Year: 2019 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-09 |
HHAeXchange
New York City, New York, United States HHAeXchange is a homecare management software solution for the Medicaid LTSS population. The company acts as a single source of truth in connecting payers, providers, and patients through an intuitive web-based platform, enabling unparalleled communication, transparency, and visibility. HHAeXchange was founded in 2008 and is based in New York City, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-01 |
ShareMD
Alpharetta, Georgia, United States ShareMD is a real estate company, acquires, develops, and manages medical office buildings across the United States. ShareMD was founded in 2019 and is based in Alpharetta, Georgia. |
Buy | - |
