M&A Deal Summary

Cotton Creek Capital Acquires Aerospace Distributors

On March 24, 2011, private equity firm Cotton Creek Capital acquired aerospace company Aerospace Distributors from Independent Bankers Capital Fund

Acquisition Highlights
  • This is Cotton Creek Capital’s 1st transaction in the Aerospace sector.
  • This is Cotton Creek Capital’s 1st transaction in the United States.
  • This is Cotton Creek Capital’s 1st transaction in Texas.

M&A Deal Summary

Date 2011-03-24
Target Aerospace Distributors
Sector Aerospace
Buyer(s) Cotton Creek Capital
Sellers(s) Independent Bankers Capital Fund
Deal Type Secondary Buyout

Target

Aerospace Distributors

Fort Worth, Texas, United States
Aerospace Distributors is a supplier of components and equipment for aviation, aerospace, defense, etc.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

Cotton Creek Capital is a private equity firm focused on lower middle-market company investments. The Firm has a special interest in businesses facing an inflection point and could benefit from capital and expertise. Cotton Creek will consider opportunities throughout the US, although the Firm has a preference for businesses in the Southwest. Sectors of interest include manufacturing, infrastructure, chemicals, waste services, food/beverages, transportation, business services, consumer products, value-added distribution, healthcare, building products, and industrial services. Cotton Creek Capital is based in Austin, Texas.


DEAL STATS #
Overall 1 of 13
Sector (Aerospace) 1 of 2
Type (Secondary Buyout) 1 of 4
State (Texas) 1 of 7
Country (United States) 1 of 13
Year (2011) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-15 GracoRoberts

Arlington, Texas, United States

GracoRoberts is a value-added distributor of paints and other coatings, adhesives, sealants, lubricants, composite materials, tapes and safety products used in the manufacture and maintenance, repair and overhaul of commercial, business and military aircraft. GracoRoberts also provides value-added services including custom repackaging, temperature-sensitive material handling, tinting, and supply chain management services to its customers. GracoRoberts was founded in 1938 and is based in Arlington, Texas.

Buy -

Seller(S) 1

SELLER

Independent Bankers Capital Fund

Dallas, Texas, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1998
PE ASSETS 100M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Independent Bankers Capital Fund LP (IBCF) is a private equity partnership that provides equity and junior capital to established lower-middle-market companies primarily in the Southwestern United States. IBC seeks to invest in companies with revenues of $10 to $50 million. Prospective companies are generally profitable with at least $2 million of EBITDA. IBCF targets investments in profitable manufacturing, distribution, or in some cases, service businesses. The Firm looks to invest in the range of $3 to $12 million per transaction. The Group prefers financing change of control, recapitalization and later-stage growth capital needs. IBCF was formed in 1998 and is based in Dallas, Texas.


DEAL STATS #
Overall 3 of 7
Sector (Aerospace) 1 of 1
Type (Secondary Buyout) 2 of 4
State (Texas) 2 of 6
Country (United States) 3 of 7
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-14 The Finial

Dallas, Texas, United States

The Finial Co. is a manufacturer of decorative drapery hardware. The Company produces high-end hardware in wood, resin, and steel that is sold through distributors throughout the United States. The Finial was founded in 1996 and is based in Dallas, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-27 Jardine Foods

Buda, Texas, United States

Jardine Foods is a manufacturer of high-end salsas, dips and sauces sold in grocery markets and specialty stores across the United States. Jardine Foods was founded in 1979 and is based in Buda, Texas.

Buy -