Investment Summary |
|
|---|---|
| Date | 2016-04-05 |
| Target | Altus Commercial Receivables |
| Sector | Business Services |
| Investor(s) |
NewSpring Capital
Spring Capital Partners Evergreen Industries |
| Deal Type | Growth Capital |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 100 of 201 |
| Sector: Business Services M&A | 7 of 11 |
| Type: Growth Capital M&A Deals | 43 of 106 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 99 of 197 |
| Year: 2016 M&A | 5 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-29 |
South Moon Under
Annapolis, Maryland, United States South Moon Under is a provider of an eclectic mix of men's and women's clothing, swimwear, accessories, jewelry, and gifts for the home. South Moon Under was founded in 1968 and is based in Annapolis, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-07 |
Circonus
Malvern, Pennsylvania, United States Circonus is a monitoring and analytics platform built for the modern-day enterprise. Circonus delivers crystal-clear, real-time visibility of the behavior, health, trends, and performance of traditional infrastructure and cloud-based technologies in one powerful, unified platform. Circonus was founded in 2010 and is based in Malvern, Pennsylvania. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 600M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Spring Capital Partners is a mezzanine finance provider for small to medium-sized businesses. Spring invests $2 to $20 million, primarily in the form of subordinated debt with equity features in each transaction. The Firm does not have an industry focus. Spring Capital looks for businesses located in the Mid-Atlantic US with revenues between $10 and $150 million. Spring Capital Partners was formed in 1999 and has offices in Baltimore, Maryland and Radnor, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 46 |
| Sector: Business Services M&A | 5 of 6 |
| Type: Growth Capital M&A Deals | 12 of 16 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 34 of 46 |
| Year: 2016 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-01 |
OJ Medtech
East Islip, New York, United States OJ Medtech is a provider of specialized medical products for patients that suffer from upper or lower extremity lymphatic and venous disorders. OJ Medtech sells prescription-based products including compression garments and stockings, specialty wound care dressings, and lymphedema pumps. OJ Medtech was founded in 1999 and is based in East Islip, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-03 |
Rita s
Trevose, Pennsylvania, United States Rita's is an ice and frozen treat franchiser in the world with more than 600 stores. Rita's is aggressively expanding internationally with operating locations in the Philippines, Canada, and the Middle East. Rita's was founded in 1984 and is based in Trevose, Pennsylvania. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| Size | Small |
| Type | Sector Agnostic |
Evergreen Industries LLC is a private investment firm focused on 'high performing' businesses invests in the Mid-Atlantic US. Evergreen targets on companies with strong and defensible business models, diversified customers, differentiated products/services, as well as management continuity. The Firm seeks companies with $10 to $50 million in revenues and $2 to $6 million of stable cash-flows. Areas of interest include specialty manufacturing, healthcare devices/services, industrial technology, logistics/value-added distribution, and business/outsourcing services. Prospective transaction types include corporate divestitures, recapitalizations, MBOs and family businesses in transition. Evergreen Industries LLC was formed in 2005 and is based in Philadelphia, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Growth Capital M&A Deals | 1 of 1 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-02-13 |
IAB Solutions
Clarks Summit, Pennsylvania, United States IAB Solutions is a nationwide full-service provider of outsourced accounts receivable management services and focuses on the resolution, recovery and management of deductions, accounts receivable disputes, and invoice collections. Headquartered in Clarks Summit, PA, the Company develops long-term mutually beneficial client partnerships by delivering accurate, actionable information for deduction prevention and process improvement. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-15 |
Altus Commercial Receivables
Metairie, Louisiana, United States Altus Commercial Receivables provides commercial debt recovery services to customers in the United States and abroad. The Company is a commercial receivable management agency offering receivable management outsourcing, domestic and international commercial collections, audit collection, and business receivable management training. Altus Commercial Receivables was established in 1994 and is based in Metairie, Louisiana. |
Sell | - |
