Investment Summary |
|
|---|---|
| Date | 2019-07-15 |
| Target | MedVet |
| Sector | Consumer Services |
| Investor(s) | Goldman Sachs Merchant Banking |
| Sellers(s) |
SkyKnight Capital
Stonehenge Partners |
| Deal Type | Stake Purchase |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 162 of 189 |
| Sector: Consumer Services M&A | 3 of 3 |
| Type: Stake Purchase M&A Deals | 12 of 13 |
| State: Ohio M&A | 7 of 7 |
| Country: United States M&A | 113 of 130 |
| Year: 2019 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
Sprint Industrial
Houston, Texas, United States Sprint Industrial is a provider of specialized industrial rental equipment and services to blue-chip customers in the petrochemical, chemical, and downstream energy industries. Sprint’s product lines include temporary liquid and solid storage tanks for maintenance projects, as well as safety products such as gas detection and breathing air systems to protect workers and employees during maintenance jobs. Sprint Industrial was formed in 2001 and is based in Houston, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-24 |
Coaction
Morristown, New Jersey, United States Coaction is a property and casualty insurance company that designs unique insurance solutions to help customers improve their business and realize value from their insurance purchasing decision. Coaction was founded in 2009 and is based in Morristown, New Jersey. |
Sell | - |
SkyKnight Capital is a private equity firm focused on long-term investments in businesses requiring value-add strategies to achieve growth. SkyKnight will consider majority or minority investment situations and generally looks to commit $25 to $250 million per transaction. Sectors of interest include healthcare, financial services, and tech-enabled services. SkyKnight is headquartered in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Consumer Services M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 1 of 1 |
| State: Ohio M&A | 1 of 2 |
| Country: United States M&A | 1 of 3 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-11 |
AmWINS
Charlotte, North Carolina, United States AmWINS is a distributor of insurance products, provides property and casualty products, group insurance programs, and administrative services to retail insurance agents. It provides brokerage services in the areas of property, casualty, financial risk, auto, construction, environmental, healthcare, life sciences, and public entity. AmWINS was founded in 1998 and is based in Charlotte, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-22 |
Heffernan Insurance Brokers
Walnut Creek, California, United States Heffernan Insurance Brokers provides comprehensive business insurance, personal insurance, employee benefits, and financial services. Heffernan was founded in 1988 and is based in Walnut Creek, California. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Stonehenge Partners is a private equity firm that seeks equity and mezzanine investments in lower middle-market companies with at least $10 million in sales. Stonehenge looks to invest ranging from $10 million to $50 million of equity/junior capital to support management buyouts, leveraged acquisitions, recapitalizations, and growth capital financings. Stonehenge prefers businesses operating in manufacturing, distribution, business services and healthcare. Stonehenge avoids investing in real estate, oil and gas, high technology and 'industries that are susceptible to a high degree of cyclicality'. Stonehenge was formed in 1999 and is based in Columbus, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 40 |
| Sector: Consumer Services M&A | 2 of 3 |
| Type: Stake Purchase M&A Deals | 1 of 1 |
| State: Ohio M&A | 9 of 9 |
| Country: United States M&A | 36 of 39 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-03 |
United Retirement Plan Consultants
Dublin, Ohio, United States United Retirement Plan Consultants, Inc. engages in retirement plan design, consulting, and administration services. The firm delivers tax‐efficient retirement plans—including 401(k), traditionally defined benefit, cash balance, and employee stock ownership plans—and serves thousands of clients from sales and service centers in office locations throughout the country. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-04 |
Motion & Flow Control Products
West Sacramento, California, United States Motion & Flow Control Products is a distributor of fluid connectors and fluid power equipment, instrumentation fittings, seals, and valves throughout the Western United States. Motion & Flow Control Products was founded in 1960 and is based in West Sacramento, California. |
Buy | - |
