M&A Deal Summary |
|
|---|---|
| Date | 2022-06-13 |
| Target | Cerity Partners |
| Sector | Financial Services |
| Buyer(s) |
Genstar Capital
Audax Private Debt Lightyear Capital Harvest Partners |
| Sellers(s) | Lightyear Capital |
| Deal Type | Recapitalization |
| Advisor(s) | Raymond James - Investment Banking (Financial) Davis Polk & Wardwell (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 50.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Genstar Capital is a private equity firm that seeks investments in life science, healthcare, medical products, industrial technology, software, financial services, packaging, building materials, manufacturing, and business services companies. Genstar looks to invest between $50 and $400 million of equity capital in businesses valued up to $1 billion. Target transaction situations include control-oriented leveraged buyouts of corporate divisions, privately held businesses or public companies, minority investments in privately held businesses or public companies, ownership restructurings/recapitalizations of privately held businesses, growth equity financings, partnerships with other strategic or financial buyers, and take privates. Genstar Capital was formed in 1988 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 105 of 112 |
| Sector: Financial Services M&A | 11 of 12 |
| Type: Recapitalization M&A Deals | 7 of 7 |
| State: New York M&A | 6 of 8 |
| Country: United States M&A | 97 of 104 |
| Year: 2022 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-10 |
Advarra
Columbia, Maryland, United States Advarra is a provider of IRB, IBC, and compliance consulting services in North America. Fully accredited by AAHRPP, the company serves pharmaceutical, biotechnology, and medical device research sponsors and contract research organizations (CROs), as well as academic medical centers, hospital systems, investigative site networks, and patient advocacy groups. Advarra was founded in 1983 and is based in Columbia, Maryland. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-06 |
Abracon
Bee Cave, Texas, United States Abracon is a manufacturer of frequency control, signal conditioning, clock distribution and magnetic components. Abracon offers a wide selection of Quartz Timing Crystals, Crystal and MEMS Oscillators, Real Time Clocks, Antennas, Bluetooth Modules, Ceramic Resonators, SAW Filters and Resonators, Inductors, Transformers, Circuit Protection Components and Wireless RF Antennas. Abracon was founded in 1992 and is based in Bee Cave, Texas. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 87 of 120 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 5 of 7 |
| State: New York M&A | 8 of 10 |
| Country: United States M&A | 85 of 118 |
| Year: 2022 M&A | 7 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-24 |
Hissho Sushi
Charlotte, North Carolina, United States Hissho Sushi is a franchisor of turnkey sushi solutions, delivering fresh, premium sushi that customers crave. The company operates over 2,000 franchised locations across the United States, serving grocery stores, college campuses, airports, hospitals, corporate offices, and government facilities. Hissho Sushi was founded in 1998 and is based in Charlotte, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-12 |
Unison
McLean, Virginia, United States Unison is a provider of purpose-built procurement and contract management software solutions to U.S. federal government agencies and government contractors. All software development and support are done within the USA. For over 30 years, Unison has continually advanced software and insight solutions to help Federal programs efficiently achieve their missions. Unison was founded in 1983 and is based in McLean, Virginia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.1B USD |
| Size | Large |
| Type | Sector Focused |
Lightyear Capital is a specialist private equity firm that pursues brand-name businesses in the financial services sector. Lightyear looks for companies with stable, recurring revenues that operate in growing markets. Transaction strategies include leveraged buyouts, recapitalizations, restructurings and consolidations. Lightyear Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 46 |
| Sector: Financial Services M&A | 18 of 18 |
| Type: Recapitalization M&A Deals | 2 of 2 |
| State: New York M&A | 4 of 4 |
| Country: United States M&A | 37 of 40 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-06 |
PracticeTek
San Diego, California, United States PracticeTek provides practice management, patient engagement, integrated payments and other software solutions to the retail healthcare market. The PracticeTek platform helps retail healthcare practices digitally manage their business and the entire patient journey process including client acquisition, engagement, visits, and billing and payments. PracticeTek was founded in 2020 and is based in San Diego, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-01 |
Pathlight Capital
Hingham, Massachusetts, United States Pathlight Capital is a commercial finance company dedicated to providing creative financing solutions to fund growth, acquisitions, debt refinancings, or restructurings. Pathlight Capital was formed in 2012 and is based in Hingham, Massachusetts. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Harvest Partners is a Investment firm provides Private Equity and Structured Capital focused on buyout, growth capital, minority position, and non-control investments in middle-market public and private companies. Harvest Partners looks to invest in profitable ($30 to $300 million of EBITDA). Sectors of interest include business services, consumer services, healthcare, industrial services, manufacturing, marketing, building products and distribution companies valued between $100 and $1000 million. The Firm prefers opportunities headquartered in North America. Harvest Partners was formed in 1981 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 66 of 71 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 11 of 11 |
| State: New York M&A | 4 of 4 |
| Country: United States M&A | 62 of 67 |
| Year: 2022 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-07 |
Hand and Stone Franchise
Trevose, Pennsylvania, United States Hand and Stone Franchise through its franchisees offer a comprehensive range of massage, facial and hair removal services along with complementary product offerings. Hand and Stone Franchise was founded in 2004 and is based in Trevose, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-09 |
Power Home Remodeling
Chester, Pennsylvania, United States Power Home Remodeling is a provider of replacement windows, roofing and siding. Power Home Remodeling serves customers across the United States. Power Home Remodeling was founded in 1992 and is based in Chester, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.1B USD |
| Size | Large |
| Type | Sector Focused |
Lightyear Capital is a specialist private equity firm that pursues brand-name businesses in the financial services sector. Lightyear looks for companies with stable, recurring revenues that operate in growing markets. Transaction strategies include leveraged buyouts, recapitalizations, restructurings and consolidations. Lightyear Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 31 |
| Sector: Financial Services M&A | 12 of 13 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: New York M&A | 4 of 4 |
| Country: United States M&A | 23 of 25 |
| Year: 2022 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-06 |
PracticeTek
San Diego, California, United States PracticeTek provides practice management, patient engagement, integrated payments and other software solutions to the retail healthcare market. The PracticeTek platform helps retail healthcare practices digitally manage their business and the entire patient journey process including client acquisition, engagement, visits, and billing and payments. PracticeTek was founded in 2020 and is based in San Diego, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-01 |
Pathlight Capital
Hingham, Massachusetts, United States Pathlight Capital is a commercial finance company dedicated to providing creative financing solutions to fund growth, acquisitions, debt refinancings, or restructurings. Pathlight Capital was formed in 2012 and is based in Hingham, Massachusetts. |
Sell | - |
