M&A Deal Summary |
|
|---|---|
| Date | 2023-05-01 |
| Target | Pirtek UK |
| Sector | Business Services |
| Buyer(s) | Franchise Brands |
| Sellers(s) |
PNC Riverarch Capital
Golub Capital |
| Deal Type | Add-on Acquisition |
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Franchise Brands is a group of international multi-brand franchisors with a combined network of over 400 franchisees in 12 countries, but predominantly in the UK. Franchise Brands has developed a highly professional central services platform including marketing, franchise recruitment and support services such as IT, which enables it to support the acquisition of some new franchise brands without significantly increasing its central overhead.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: United Kingdom M&A | 2 of 2 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-23 |
Metro Rod
Macclesfield, United States Metro Rod Ltd. is a provider of drain clearance and maintenance services delivered 24/7/365 on a largely reactive basis. Metro Rod Ltd. was founded in 1983 and is based in Macclesfield, United Kingdom. |
Buy | £28M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 250M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
PNC Riverarch Capital is a middle-market private equity group that invests in privately-held companies headquartered throughout North America. The Group looks to commit $10 to $50 million to help fund recapitalizations, leveraged and management buyouts, corporate divestitures and growth financings. Target sectors include business and industrial services, specialized manufacturing, and value-added distribution. PNC Riverarch was formed in 2011 and is an affiliate of PNC Financial Services Group.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 18 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| Country: United Kingdom M&A | 2 of 2 |
| Year: 2023 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-31 |
Feeders Supply
Louisville, Kentucky, United States Feeders Supply is an operator of 16 retail locations primarily in the Louisville metropolitan area. The company is focused on providing “everything you need for all the pets you feed” and offers a broad selection of premium pet food brands and products. Feeders Supply was founded in 1959 and is headquartered in Louisville, Kentucky. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-04 |
Barr GeoSpatial Solutions
Mesquite, Texas, United States Barr GeoSpatial Solutions is a provider of geospatial services using aerial LiDAR, imaging, surveillance, methane leak detection, and AI technology to map and monitor critical infrastructure and natural resources across North America. Barr GeoSpatial Solutions is based in Mesquite, Texas. |
Buy | - |
| Category | Lender |
|---|---|
| Founded | 1994 |
| PE ASSETS | 75.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Golub Capital is a private investment firm focused on making debt and equity investments in US based middle-market companies. Golub looks to invest between $5 and $75 million in businesses with established operating cash flow, strong customer relationships, and 'sustainable proprietary positions in their markets'. Prospective investment structures include refinancings, recapitalizations, buyouts, and growth financings. Sectors of interest include consumer products, business and consumer services, defense, manufacturing, value-added distribution, media, healthcare services and restaurants. Golub Capital was formed in 1994 and maintains offices in New York City, Atlanta, and Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 43 |
| Sector: Business Services M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 18 of 19 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2023 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-31 |
Feeders Supply
Louisville, Kentucky, United States Feeders Supply is an operator of 16 retail locations primarily in the Louisville metropolitan area. The company is focused on providing “everything you need for all the pets you feed” and offers a broad selection of premium pet food brands and products. Feeders Supply was founded in 1959 and is headquartered in Louisville, Kentucky. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-30 |
Agility
Las Vegas, Nevada, United States Agility provides business continuity and disaster recovery solutions to businesses of all sizes, including access to power generators, office space, communications, and computer systems. Agility Recovery was founded in 1989 and is based in Las Vegas, Nevada. |
Sell | - |