M&A Deal Summary |
|
|---|---|
| Date | 2022-04-01 |
| Target | Stone Source |
| Sector | Building Materials |
| Buyer(s) | Happy Floors |
| Sellers(s) |
Graycliff Partners
Founders Equity |
| Deal Type | Add-on Acquisition |
| Advisor(s) | SLATE Partners (Financial) Carter Ledyard & Milburn (Legal) |
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Happy Floors is an importer and distributor of premium Italian and Spanish ceramic and porcelain tile for use in residential and commercial flooring applications. With a focus on the higher-end tile segment, the company distributes its products across the United States to a diversified customer base of top-performing specialty floor covering stores. Happy Floors was founded in 1987 and is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Building Materials M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-01 |
Ceramic Technics
Alpharetta, Georgia, United States Ceramic Technics is an importer and distributor of sophisticated, high quality porcelain, ceramic, natural stone, glass, water-jet mosaics, and LVP (SPC) offering hundred of collections to clients throughout the retail, multi-family, hospitality, healthcare, corporate and educational sectors. Ceramic Technics was founded in 1988 and is based in Alpharetta, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Graycliff Partners is a private equity firm focused on private equity and mezzanine investments in middle-market companies throughout the US. The Firm's mezzanine practice does not have any sector preferences and looks to invest $10 to $50 million in profitable companies with at least $10 million in revenue. Funds are used to support buyouts, growth needs, divestitures, or consolidations. Graycliff's private equity group looks to acquire middle-market companies in the manufacturing, service, and distribution sectors. The Firm looks for businesses with $10 to $200 million of revenue. Graycliff Partners was established in 1991 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 38 |
| Sector: Building Materials M&A | 3 of 4 |
| Type: Add-on Acquisition M&A Deals | 15 of 18 |
| State: New York M&A | 5 of 6 |
| Country: United States M&A | 25 of 35 |
| Year: 2022 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-01 |
LTI
Baldwin Park, California, United States LTI is a developer, manufacturer, and sells specialty discharge lamps to industrial and theatrical OEM customers and distribution partners worldwide. LTI's xenon and mercury xenon lamps provide very high intensity, pinpoint sources of light for specific user applications, including cinema and video projection, exhibition and architectural lighting, and medical and industrial applications. LTI was founded in 1999 and is based in Baldwin Park, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-18 |
Landmark Structures
Fort Worth, Texas, United States Landmark Structures is a specialty engineering, contracting company and manufacturer that designs, fabricates, installs, and services elevated water storage tanks. Landmark Structures was founded in 1974 and is based in Fort Worth, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1969 |
| PE ASSETS | 160M USD |
| Size | Small |
| Type | Sector Agnostic |
Founders Equity is a private equity firm that looks to lead lower middle-market company investments. Founders looks to invest up to $10 million of equity in companies with revenues between $20 and $150 million and cash-flow between $2 and $15 million. Sectors of interest include business and marketing services, outsourcing and logistics, healthcare services, environmental services, security systems, oilfield services, consumer products and services, food/food Services, franchising, and niche manufacturing. Prospective transactions are generally located East of the Rocky Mountains and include management buyouts, recapitalizations, turnarounds, growth financings, take privates, and corporate divestitures. Founders Equity was formed in 1969 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Building Materials M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: New York M&A | 3 of 3 |
| Country: United States M&A | 6 of 6 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-21 |
Oncology Services International
Montebello, New York, United States Oncology Services International, Inc. is a provider of radiation therapy equipment, including linear accelerators and CT simulators. Oncology Services International was founded in 1985 and is based in Montebello, New York. |
Sell | - |