M&A Deal Summary

Harvest Partners Private Equity and Harvest Partners Structured Capital Acquire Vincit

On December 1, 2020, private equity firms Harvest Partners Private Equity and Harvest Partners Structured Capital acquired food company Vincit

Acquisition Highlights
  • This is Harvest Partners Private Equity’s 1st and Harvest Partners Structured Capital’s 4th transaction in the Food sector.
  • This is Harvest Partners Private Equity’s 41st and Harvest Partners Structured Capital’s 28th transaction in the United States.
  • This is Harvest Partners Private Equity’s 2nd and Harvest Partners Structured Capital’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2020-12-01
Target Vincit
Sector Food
Buyer(s) Harvest Partners Private Equity
Harvest Partners Structured Capital
Deal Type Recapitalization

Target

Vincit

Chattanooga, Tennessee, United States
Vincit is a provider of food safety and pathogen control services for the protein industry. Vincit plays an important role in ensuring compliance with food safety standards and protecting the food supply chain. They have a large presence throughout the U.S. and serves a blue chip customer base across the food and beverage industry.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

Harvest Partners Private Equity

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Harvest Partners is a private equity firm that targets buyout and growth capital investments in middle-market public and private companies. Harvest Partners looks to invest in profitable ($30 to $300 million of EBITDA) consumer products/retail, manufacturing, marketing, building products, industrial, specialty services, and value-added distribution companies valued between $100 and $600 million. The Firm prefers opportunities headquartered in North America. Harvest Partners was formed in 1981 and is based in New York City.


DEAL STATS #
Overall 44 of 49
Sector (Food) 1 of 1
Type (Recapitalization) 8 of 8
State (Tennessee) 2 of 2
Country (United States) 41 of 46
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-23 Valet Living

Tampa, Florida, United States

Valet Living is a provider of doorstep collection and recycling services, and also full-service amenities provider to the multifamily industry. Valet Living was founded in 1995 and is based in Tampa, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-28 Magnit

Folsom, California, United States

Magnit is a provider of contingent workforce management solutions through a managed services program (“MSP”) and cloud-based vendor management software (“VMS”). Magnit was founded in 1991 and is based in Folsom, California.

Sell -
DESCRIPTION

Harvest Partners Structured Capital is a private investment group focused on minority position, non-control investments. The Group looks for businesses with $100 million to $1 billion in revenues where Harvest can commit $50 to $250 million. Sectors of interest include business services, consumer services, healthcare, industrial services, manufacturing, and distribution. Harvest Partners Structured Capital is a unit of PE Firm Harvest Partners. The Firm is based in New York City.


DEAL STATS #
Overall 29 of 31
Sector (Food) 4 of 4
Type (Recapitalization) 6 of 6
State (Tennessee) 1 of 1
Country (United States) 28 of 30
Year (2020) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-19 Galway Insurance

Chicago, Illinois, United States

Galway Insurance is a vertically integrated property and casualty insurance and employee benefits. Galway Insurance operates over 100 offices throughout the US and manages $7bn of premium for clients. Galway Insurance was founded in 2020 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Marcone

St Louis, Missouri, United States

Marcone is a distributor of original equipment parts for the repair of residential appliances in the United States and Canada. Marcone's customer base is comprised of thousands of residential appliance repair service providers and technicians, as well as extended warranty providers. Marcone is based in St Louis, Missouri.

Buy -