M&A Deal Summary

Farragut Capital Partners and Salem Investment Partners Acquire Simulyze

On November 19, 2012, mezzanine finance firms Farragut Capital Partners and Salem Investment Partners acquired software company Simulyze

Acquisition Highlights
  • This is Farragut Capital Partners’ 1st and Salem Investment Partners’ 1st transaction in the Software sector.
  • This is Farragut Capital Partners’ 43rd and Salem Investment Partners’ 4th transaction in the United States.
  • This is Farragut Capital Partners’ 3rd and Salem Investment Partners’ 1st transaction in Virginia.

M&A Deal Summary
Date 2012-11-19
Target Simulyze
Sector Software
Buyer(s) Farragut Capital Partners
Salem Investment Partners
Deal Type Recapitalization
Advisor(s) Aleutian Capital Partners LLC (dba Aleutian Capital Group) (Financial)

Target

Simulyze

Reston, Virginia, United States
Simulyze offers high-end, four-dimensional visualization software and related services tailored to meet the needs of the military and intelligence communities. Simulyze’s core product is Flight Control, a proprietary program that fuses planning and real-time information from diverse operational and intelligence sources. Simulyze was founded in 2000 and is based in Reston, Virginia.

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) 2

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 43 of 97
Sector (Software) 1 of 1
Type (Recapitalization) 10 of 16
State (Virginia) 3 of 9
Country (United States) 43 of 97
Year (2012) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-25 Canopy Construction

Irving, Texas, United States

Canopy is a mid-sized, national provider of roofing system analysis, repair, and replacement services for purposes of insurance restoration.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Industrial Services Group

Sumter, South Carolina, United States

Industrial Services Group provides high performance protective lining and coating solutions for the power generation, chemical and petro chemical industries.

Buy -
Buyer

Salem Investment Partners

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1999
PE ASSETS 450M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Salem Investment Partners specializes in debt and equity investments in privately-held, middle-market businesses across the Southeast and Mid-Atlantic regions of the US. Salem looks to invest $2 to $10 million per transaction to help support growth, acquisitions, recapitalizations, and buyouts. Sectors of interest include business services, light manufacturing, consumer products, and distribution. Salem Investment Partners was formed in 1999 and is based in Greensboro, North Carolina.

DEAL STATS #
Overall 4 of 58
Sector (Software) 1 of 3
Type (Recapitalization) 1 of 5
State (Virginia) 1 of 4
Country (United States) 4 of 58
Year (2012) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-01 Doncaster Collar and Shirt

Rutherfordton, North Carolina, United States

Doncaster Collar and Shirt Co. is a vertically integrated direct to consumer apparel company. Through its network of ~1,000 Sales Consultants, it sells high-quality classic clothing to affluent female customers. Doncaster Collar and Shirt Co. was established in 1931 and is based in Rutherfordton, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Industrial Services Group

Sumter, South Carolina, United States

Industrial Services Group provides high performance protective lining and coating solutions for the power generation, chemical and petro chemical industries.

Buy -
Mergr

Product

Company

Legal