M&A Deal Summary

Farragut Capital Partners Acquires General Metals

On January 26, 2022, mezzanine finance firm Farragut Capital Partners acquired metals/mining company General Metals

Acquisition Highlights
  • This is Farragut Capital Partners’ 2nd transaction in the Metals/Mining sector.
  • This is Farragut Capital Partners’ 82nd transaction in the United States.
  • This is Farragut Capital Partners’ 3rd transaction in North Carolina.

M&A Deal Summary
Date 2022-01-26
Target General Metals
Sector Metals/Mining
Buyer(s) Farragut Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

General Metals

Princeton, North Carolina, United States
General Metals is a precision metal fabricator specializing in components, parts, and products sold to original equipment manufacturers (“OEM”) serving a variety of commercial and industrial end markets. General Metals was founded in 1994 and is based in Princeton, North Carolina.

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Buyer(S) 1

Buyer

Farragut Capital Partners

Chevy Chase, Maryland, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 2011
PE ASSETS 1.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Farragut Capital Partners LLC is a private investment firm that provides mezzanine and equity capital to help finance buyouts, generational transfers, growth capital financings, and recapitalizations. The Firm prefers asset-light businesses with unique and defensible market positions, stable business models, and reasonable capital expenditure and working capital needs. Sectors of interest include light and niche manufacturing, business services, distribution & logistics, and media. Farragut's target investment size is $2 to $10 million. Farragut Capital Partners was formed in 2011 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 82 of 94
Sector (Metals/Mining) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 36 of 40
State (North Carolina) 3 of 4
Country (United States) 82 of 94
Year (2022) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Insight 2 Design

Overland Park, Kansas, United States

Insight 2 Design provides outdoor products and portable lighting. Insight 2 Design develops outdoor products like – tents, sleeping bags, packs, camping furniture, lanterns, headlamps, flashlights, and more. Insight 2 Design was founded in 2012 and is based in Overland Park, Kansas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-09 Ignite Digital Services

North Charleston, South Carolina, United States

Ignite Digital Services provides analytics, data science, and program support services to the national security sector. Ignite Digital Services was founded in 2006 and is based in North Charleston, South Carolina.

Buy -
Mergr

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