M&A Deal Summary

Crystal Capital Acquires Piggly Wiggly

On March 1, 2011, Crystal Capital acquired retailer Piggly Wiggly

Acquisition Highlights
  • This is Crystal Capital’s 3rd transaction in the Retail sector.
  • This is Crystal Capital’s 15th transaction in the United States.
  • This is Crystal Capital’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2011-03-01
Target Piggly Wiggly
Sector Retail
Buyer(s) Crystal Capital
Deal Type Recapitalization

Target

Piggly Wiggly

Keene, New Hampshire, United States
Piggly Wiggly LLC is a regional grocery chain that owns and operates 69 units in South Carolina and Georgia. It also franchises an additional 27 locations that are independently owned.

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Buyer(S) 1

Buyer

Crystal Capital

Boston, Massachusetts, United States
Category Private Equity Firm
Founded 2006
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Crystal Capital is an affiliate of Crystal Financial Corporation, Crystal Capital is a private investment firm that provides debt and equity capital to middle-market companies. Crystal Capital does not have an industry preference in evaluating opportunities, but looks to provide a minimum of $1 million in equity (co-investment) or $10 million in junior capital per transaction. Target companies typically generate sales of at least $150 million and EBITDA of $15 million. Crystal Capital was formed in 2006 and is based in Boston, Massachusetts with additional offices in Los Angeles, California; Stamford, Connecticut; and Chicago, Illinois.

DEAL STATS #
Overall 16 of 32
Sector (Retail) 3 of 4
Type (Recapitalization) 6 of 8
State (New Hampshire) 1 of 1
Country (United States) 15 of 27
Year (2011) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-02 The SCOOTER Store

New Braunfels, Texas, United States

The SCOOTER Store is a provider of power mobility solutions including power wheelchairs, scooters, lifts, ramps, and accessories. The Company also provides Home Care products and services in select locations which provide seniors with a better quality of life and an alternative to living in nursing homes or other care facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-11 Wheels Financial Group

Encino, California, United States

Wheels Financial Group Inc. dba 1-800-LoanMart is a leading provider of automotive title loans to consumers in California and other western states.

Buy -
Mergr

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