M&A Deal Summary |
|
|---|---|
| Date | 2022-10-06 |
| Target | Unirac |
| Sector | Manufacturing |
| Buyer(s) |
Tenex Capital Management
Greenbelt Capital Partners Trilantic North America |
| Sellers(s) | Tenex Capital Management |
| Deal Type | Recapitalization |
| Advisor(s) | Cowen Lazard (Financial) Koley Jessen (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Tenex Capital Management is a private investment group focused on acquiring control positions in profitable North American companies with $3 to $40 million of EBITDA. The Firm does not have any sector preferences and looks to commit up to $125 million per transaction. Tenex Capital Management was formed in 1999 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 49 |
| Sector: Manufacturing M&A | 5 of 5 |
| Type: Recapitalization M&A Deals | 3 of 3 |
| State: New Mexico M&A | 2 of 2 |
| Country: United States M&A | 42 of 49 |
| Year: 2022 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-01 |
Perennial Services Group
United States Perennial Services Group primarily offers high-end residential home services including landscaping, lawn care, plant healthcare, and pest control. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-14 |
Network Coverage
Danvers, Massachusetts, United States Network Coverage is a cloud-focused managed service provider (“MSP”) delivering comprehensive technology solutions that align IT needs with business outcomes. The Company has amassed a loyal client base who view Network Coverage as a trusted advisor to manage their entire IT environment leveraging modernized and secure solutions across business functions. In all solutions, it acts as a strategic partner to clients, positioning IT as a critical growth center, rather than a complex cost center. Network Coverage was formed in 1996 and is based in Danvers, Massachusetts. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2021 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Focused |
Greenbelt Capital Partners is a specialist investment firm focused on the energy sector. The Firm typically seeks control investments, and commits $50 to $150 million per transaction. Greenbelt considers a variety of transaction types, including management buyouts, generational transitions, recapitalizations, and growth equity. Greenbelt Capital Partners was founded in 2021 and is headquartered in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 12 |
| Sector: Manufacturing M&A | 1 of 2 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: New Mexico M&A | 1 of 1 |
| Country: United States M&A | 9 of 11 |
| Year: 2022 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-14 |
Powin
Tualatin, Oregon, United States Powin designs and manufactures safe, scalable, and cost-effective energy storage solutions that enable reliable renewable energy integration and support global decarbonization efforts. Powin was founded in 1989 and is based in Tualatin, Oregon. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-01 |
Saber Power
Rosharon, Texas, United States Saber Power is a fully integrated electrical power system services firm offering end-to-end solutions for substations and medium-and high-voltage infrastructure across utility, renewables/battery storage, industrial, and other markets. Saber Power was founded in 2010 and is based in Rosharon, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| PE ASSETS | 9.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Trilantic North America is a mega-sized private equity firm focused on opportunities throughout North America. Trilantic generally invests in large businesses with 'strong market positions, unique franchises, secure and growing market niches or distinctive products and services that command premium prices'. Sectors of interest include business services, consumer, energy, and financial services. The Firm's target investment size is $50 to $300 million in companies valued up to $1 billion. Transaction situations of interest include management buyouts, recapitalizations, growth capital financings, divestitures, new platforms, and generational transfers. Trilantic North America was formed in 2009 through the spin-off of Lehman Brothers' private equity business. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 55 |
| Sector: Manufacturing M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 4 of 4 |
| State: New Mexico M&A | 1 of 1 |
| Country: United States M&A | 51 of 53 |
| Year: 2022 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-03 |
TSC Miami
Miami Gardens, Florida, United States TSC Miami is a tech-enabled digital and screen printing and fulfillment platform for apparel and accessories selling into ecommerce, retail and creator end markets. TSC Miami was founded in 2001 and is based in Miami Gardens, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-17 |
Teton Waters Ranch
Denver, Colorado, United States Teton Waters Ranch produces a line of sausages, frankfurters, and chili. All products are made with 100% grass-fed beef. Teton Waters Ranch is based in Denver, Colorado. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Tenex Capital Management is a private investment group focused on acquiring control positions in profitable North American companies with $3 to $40 million of EBITDA. The Firm does not have any sector preferences and looks to commit up to $125 million per transaction. Tenex Capital Management was formed in 1999 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 26 |
| Sector: Manufacturing M&A | 3 of 4 |
| Type: Recapitalization M&A Deals | 2 of 3 |
| State: New Mexico M&A | 1 of 1 |
| Country: United States M&A | 22 of 26 |
| Year: 2022 M&A | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-01 |
Perennial Services Group
United States Perennial Services Group primarily offers high-end residential home services including landscaping, lawn care, plant healthcare, and pest control. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-14 |
Network Coverage
Danvers, Massachusetts, United States Network Coverage is a cloud-focused managed service provider (“MSP”) delivering comprehensive technology solutions that align IT needs with business outcomes. The Company has amassed a loyal client base who view Network Coverage as a trusted advisor to manage their entire IT environment leveraging modernized and secure solutions across business functions. In all solutions, it acts as a strategic partner to clients, positioning IT as a critical growth center, rather than a complex cost center. Network Coverage was formed in 1996 and is based in Danvers, Massachusetts. |
Buy | - |
