M&A Deal Summary |
|
|---|---|
| Date | 2022-12-22 |
| Target | A1 Garage Door Service |
| Sector | Consumer Services |
| Buyer(s) |
Cortec Group
Audax Private Debt |
| Deal Type | Recapitalization |
| Advisor(s) | Cowen (Financial) Foley & Lardner (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 6.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Cortec Group is a private equity firm focused on acquiring mid-sized businesses operating in basic industries. Cortec Group is an experienced and knowledgeable investor in healthcare products and services, B2C and B2B products, value-added distribution (including eCommerce), and specialty services companies with equity of $100-$500 million and EBITDA of $10 to $50 million. Cortec Group was formed in 1984 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 49 |
| Sector: Consumer Services M&A | 3 of 3 |
| Type: Recapitalization M&A Deals | 10 of 10 |
| State: Arizona M&A | 2 of 2 |
| Country: United States M&A | 47 of 48 |
| Year: 2022 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-18 |
Four Seasons
Chicago, Illinois, United States Four Seasons is a provider of residential HVAC replacement and repair services including Chicagoland HVAC installation, Chicagoland HVAC repair, and air quality solutions. Four Seasons was formed in 1971 and is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-31 |
Harmar
Sarasota, Florida, United States Harmar is a designer, manufacturer, and marketer of mobility and accessibility solutions for individuals who use power wheelchairs/scooters or are otherwise mobility impaired. Harmar was founded in 1998 and is based in Sarasota, Florida. |
Sell | - |
| 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 | 97 of 120 |
| Sector: Consumer Services M&A | 5 of 6 |
| Type: Recapitalization M&A Deals | 6 of 7 |
| State: Arizona M&A | 2 of 2 |
| Country: United States M&A | 95 of 118 |
| Year: 2022 M&A | 17 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-13 |
Amplix
Norwood, Massachusetts, United States Amplix is a provider of technology advisory services and software to more than 2,000 customers across multiple industries, enabling data-driven enhancements to technology decision-making and optimization. The company's advisory services encompass data connectivity, cloud telephony, customer experience, security and managed services, business continuity, cloud optimization, and data center solutions. Amplix was founded in 2011 and is based in Norwood, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-05 |
InterMed
Alachua, Florida, United States InterMed is a distributor of medical products. InterMed offers healthcare technology management, biomedical equipment services, diagnostic imaging repair and maintenance, equipment sales and a rapid response service offering. InterMed is based in Alachua, Florida. |
Buy | - |
