Investment Summary |
|
|---|---|
| Date | 2016-02-01 |
| Target | Icon Identity Solutions |
| Sector | Business Services |
| Investor(s) | Merit Capital Partners |
| Sellers(s) |
CIVC Partners
GrowthPath Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 2.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Merit Capital Partners is a private investment firm that targets investments in middle market manufacturing, distribution, and service based businesses. Merit looks for companies generating at least $20 million in sales and at least $4 million in EBITDA. Merit can provide both equity and junior capital financing and looks to commit at least $15 million per transaction. Prospective transaction situations include management buyouts, recapitalizations, growth financings, divestitures, unsponsored transactions, and ESOPs. Merit Capital will not invest in start-ups, turnarounds, real estate, specialty retail, or oil/gas opportunities. Merit Capital was originally known as William Blair Mezzanine Capital and became independent in 2004. Merit Capital Partners was formed in 1993 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 77 of 105 |
| Sector: Business Services M&A | 6 of 7 |
| Type: Secondary Buyout M&A Deals | 9 of 12 |
| State: Illinois M&A | 10 of 11 |
| Country: United States M&A | 76 of 104 |
| Year: 2016 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-06 |
Green Creative
Sanford, Florida, United States Green Creative LLC is a developer and manufacturer of innovative light-emitting diode (“LED”) lighting for the Commercial, Industrial, and Specification markets. The company has served the North American commercial lighting market with an industry-leading product offering of LED lamps and LED luminaires. With its headquarters in Silicon Valley, CA and R&D center in Shanghai, China, the company’s LED lighting solutions have been widely adopted by some of the largest companies in the world. Green Creative was founded in 2010 and is based in Sanford, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-01 |
Steele Solutions
South Milwaukee, Wisconsin, United States Steele Solutions is a designer and manufacturer of complex steel infrastructure in distribution, warehousing, and manufacturing facilities nationwide. SSI’s offerings include large steel platforms and mezzanines, as well as other structural steel systems that generally support the use of automation technologies in industrial facilities. Steele Solutions was founded in 1996 and is based in South Milwaukee, Wisconsin. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1970 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
CIVC Partners is a private equity firm that provides buyout and growth capital to middle-market businesses located in the US and Canada. CIVC invests in companies generating sales of $40 - $300 million with an EBITDA of $5 to $25 million. Sectors of interest include Business Services, Information Services, Facility Services, Insurance Services, Transportation & Logistics, Tech-enabled Services, BPO, SaaS, Compliance Services, Corporate Training, IT Services, and Utility Services. The firm invests in the range of $20 - $100 million per transaction. CIVC prefers to be the lead equity sponsor and will consider both majority and minority investment situations. CIVC Partners was formed in 1970 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 49 |
| Sector: Business Services M&A | 6 of 10 |
| Type: Secondary Buyout M&A Deals | 13 of 20 |
| State: Illinois M&A | 5 of 7 |
| Country: United States M&A | 36 of 48 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-29 |
LA Fitness International
Irvine, California, United States LA Fitness is a operator of full-service fitness clubs and currently serves over 1,000,000 members in over 275 clubs from New York to California. Clubs range in size from 20,000 to 60,000 square feet and typically offer access to circuit training equipment, free weights, cardiovascular equipment, aerobics programs, swimming pools, whirlpools, saunas and steam rooms, as well as racquetball and basketball courts. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-02 |
LendCare
Pickering, Ontario, Canada LendCare is a Canadian point-of-sale consumer finance and technology company, which enables 3,000 businesses to increase their revenue by providing full credit spectrum financing at the point-of-sale. LendCare is headquartered in Pickering, Ontario. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 100M USD |
| Size | Small |
| Type | Sector Agnostic |
GrowthPath Capital is a private equity firm that targets investments in profitable, growth-oriented mid-sized companies operating in well-defined niche markets. GrowthPath looks to invest between $10 and $75 million in each company over the course of its investment period. Target sectors include niche manufacturing, chemicals, industrial services, business process outsourcing, electronic product design and development, medical and medicinal products, geriatric care products and services, and homeland security. Prospective companies should have at least $3 million of EBITDA. GrowthPath Capital was formed in 2005 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-07 |
Icon Identity Solutions
Elk Grove Village, Illinois, United States Icon Identity Solutions, Inc. is a manufacturer of custom corporate branding and identity solutions encompassing all facets of exterior signage, repair and maintenance and renovation services for blue-chip customers across multiple end markets. Icon’s three manufacturing facilities and extensive network of installation and maintenance technicians allows the company to serve large, nationwide customers in a timely and consistent fashion. Icon’s products and services are provided across three business segments: branding services & products (manufacturing and installation of both exterior and select interior signage), repair & maintenance (preventative maintenance, on-call repair, lighting retrofits and related services for exterior signage and lighting) and remodel & renovation services (in-store renovation/remodel of a customer’s store locations, providing project management and oversight of specialized sub-contractors). |
Buy | - |
