M&A Deal Summary

Crystal Capital Acquires The Kraus Group of Companies

On October 31, 2012, Crystal Capital acquired manufacturer The Kraus Group of Companies

Acquisition Highlights
  • This is Crystal Capital’s 2nd transaction in the Manufacturing sector.
  • This is Crystal Capital’s 4th transaction in Canada.
  • This is Crystal Capital’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2012-10-31
Target The Kraus Group of Companies
Sector Manufacturing
Buyer(s) Crystal Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

The Kraus Group of Companies

Waterloo, Ontario, Canada
The Kraus Group of Companies, based in Waterloo, Ontario, is a vertically integrated manufacturer and distributor of premium carpet and flooring serving both the residential and commercial markets in Canada, the US and Australia.

Search 201,292 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

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 24 of 32
Sector (Manufacturing) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 3 of 3
State (Ontario) 2 of 2
Country (Canada) 4 of 4
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-04 easyfinancial Services

Mississauga, Ontario, Canada

easyfinancial Services, Inc. is a consumer lending business that operates as a division of easyhome, Ltd., the 3rd largest publicly traded merchandising leasing company in North America with over 252 locations predominantly in Canada. Through 86 kiosks within the Company’s existing store locations and 13 stand-alone store fronts, the Company offers unsecured amortizing personal loans from $500 - $5,000 as well as other services such as check cashing and prepaid cards. As of September, 2012, the Company had a portfolio of over 25,000 loans.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-02 Ultra Stores

Chicago, Illinois, United States

Ultra Stores, Inc. is the retailer of fine jewelry in Value and Outlet centers in the country. Currently the value retailer of fine jewelry in the nation, Ultra is ranked among the top 5 national jewelry chains by National Jeweler Magazine with over 198 stores in operation.

Sell $57M
Mergr

Product

Company

Legal