M&A Deal Summary |
|
|---|---|
| Date | 2023-07-01 |
| Target | Revak Keen Turbomachinery |
| Sector | Manufacturing |
| Buyer(s) | FoxRES |
| Sellers(s) | PNC Mezzanine Capital |
| Deal Type | Add-on Acquisition |
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FoxRES provide a unique solution set in the compressor and rotating equipment services aftermarket by offering world-class engineering and advanced technology capabilities. FoxRES is based in Olean, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
PNC Mezzanine Capital is the subordinated debt investing arm of PNC Bank. PNC Mezzanine looks to provide $10 to $50 million of junior capital to middle-market companies in a variety of industries. Prospective companies generally have revenues of $20 million and EBITDA greater than $4 million. Broad sectors of interest include niche manufacturing, value-added distribution, and business or consumer services. PNC will not invest in early-stage or technology-driven businesses; real estate, commodity-based or capital-intensive companies; businesses with high customer or vendor concentration; or declining businesses. PNC Mezzanine was formed in 1989 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 50 |
| Sector: Manufacturing M&A | 6 of 7 |
| Type: Add-on Acquisition M&A Deals | 12 of 15 |
| State: Texas M&A | 5 of 5 |
| Country: United States M&A | 44 of 48 |
| Year: 2023 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-07 |
ISG
Indianapolis, Indiana, United States ISG provides services and parts to critical-to-process industrial rotating equipment for a diversified blue chip customer base comprised mainly of large industrial, power, paper, and energy companies. ISG was founded in 2018 and is based in Indianapolis, Indiana. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-31 |
Excel Physical Therapy
Hackensack, New Jersey, United States Excel Physical Therapy is a provider of sports and orthopedic physical therapy and rehabilitation services in northern New Jersey. Excel has specialized in comprehensive physical therapy to individuals following joint replacement, arthroscopic and reconstructive surgeries, as well as spine surgeries. In addition to post-surgical therapy, Excel also provides treatment of patients with non-surgical orthopedic, sports, and spinal-related injuries. Excel Physical Therapy was founded in 1990 and is based in Hackensack, New Jersey. |
Sell | - |