M&A Deal Summary |
|
|---|---|
| Date | 2007-10-01 |
| Target | Deb Shops |
| Sector | Retail |
| Buyer(s) |
Gordon Brothers Finance Co.
Prospect Capital Management Lee Equity Partners |
| Deal Type | Going Private |
| Deal Value | 395M USD |
SEARCH BY
| Category | Lender |
|---|---|
| Founded | 1903 |
| PE ASSETS | 500M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
GB Merchant Partners (GB) is the private investment arm of the Gordon Brothers Group. GB looks to make traditional private equity investments as well as provide structured loans and acquire secondary debt instruments. Within private equity, GB seeks investments in all segments of the consumer products and services sectors, including retail, distribution, wholesale, licensing and manufacturing. Target companies 'usually have meaningful brand equity, or a product or service that is capable of creating a leading and defensible market position'. Prospective transactions include management buyouts, growth capital financings, as well as restructurings or turnarounds. GB is based in Boston with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 23 |
| Sector: Retail M&A | 9 of 12 |
| Type: Going Private M&A Deals | 2 of 3 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 8 of 13 |
| Year: 2007 M&A | 2 of 3 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-23 |
Spencer s
Egg Harbor City, New Jersey, United States Spencer's is a lifestyle retail company that operates two unique, national brands Spencer’s and Spirit Halloween throughout the United States, Canada, Puerto Rico, and online. Spencer's was founded in 1947 and is based in Egg Harbor City, New Jersey. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-01 |
Claire de Lune
Ville Saint-Laurent, Quebec, Canada Headquartered in Montreal, Canada, Clair de Lune is a leading wholesaler and retailer of candles, fragrances, and home accents. The Company operates over 75 stores throughout Quebec, Ontario, New Brunswick, and Nova Scotia |
Buy | - |
| Category | Business Development Company |
|---|---|
| Founded | 1988 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prospect Capital Corporation is a publicly traded mezzanine debt and private equity firm that primarily provides non-control financing to support growth, recapitalizations, acquisitions, and development. Prospect will selectively consider control acquisitions by providing multiple levels of the capital structure. Prospect was initially formed in 1988 and went public 2004. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 86 |
| Sector: Retail M&A | 1 of 1 |
| Type: Going Private M&A Deals | 1 of 6 |
| State: Pennsylvania M&A | 2 of 5 |
| Country: United States M&A | 33 of 83 |
| Year: 2007 M&A | 16 of 18 |
| Size (of disclosed) | 4 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-01 |
Hoffmaster Group
Oshkosh, Wisconsin, United States Hoffmaster Group is a designer, manufacturer and supplier of decorated, premium disposable tableware (including napkins, plates, tablecovers and placemats) sold to major consumer retail and foodservice customers. Hoffmaster Group was founded in 1947 and is based in Oshkosh, Wisconsin. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-10 |
Resco Products
Pittsburgh, Pennsylvania, United States Resco Products is a designer and manufacturer of refractory materials. Refractories are consumable materials used as protective linings for high-temperature furnaces, containers carrying molten metals, and a range of other harsh environment industrial situations. Resco Products was founded in 1946 and is based in Pittsburgh, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Lee Equity Partners is a private investment firm that looks for buyout and growth capital investments across a range of industries. Lee Equity Partners seeks investments requiring $50 to $150 million of equity capital. Lee Equity Partners was formed in 2006 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 40 |
| Sector: Retail M&A | 1 of 1 |
| Type: Going Private M&A Deals | 1 of 3 |
| State: Pennsylvania M&A | 1 of 2 |
| Country: United States M&A | 3 of 34 |
| Year: 2007 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-09-24 |
MemberHealth
Solon, Ohio, United States MemberHealth, Inc. Provider of prescription drug benefits and a national Medicare Part D sponsor. |
Sell | $650M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-25 |
MidCap Financial
Bethesda, Maryland, United States MidCap Financial is a commercial finance company focused on providing debt solutions to middle-market healthcare companies. MidCap Financial was founded in 2008 and is based in Bethesda, Maryland. |
Buy | - |