Investment Summary |
|
|---|---|
| Date | 2021-04-06 |
| Target | DSI Logistics |
| Sector | Transportation |
| Investor(s) | Pilot Freight Services |
| Sellers(s) |
Argosy Private Equity
Ironwood Capital Headhaul Capital Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Harris Williams (Financial) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1970 |
| Sector | Transportation |
Pilot Freight Services is a transportation and logistics provider with over 75 locations throughout North America and Western Europe. The company’s freight forwarding services encompass every mode of transportation, including air, ground, and ocean, serving all corners of the globe. Pilot’s logistics programs offer a complete line of expedited and time-definite services, international shipping solutions, e-commerce, and home delivery solutions, product warehousing, and inventory management. Pilot Freight Services was founded in 1970 and is based in Glen Mills, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1990 |
| PE ASSETS | 575M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Argosy Private Equity is the private equity arm of Argosy Capital, an asset management firm. Argosy Private Equity provides both debt and equity capital to lower middle-market companies located throughout the US. Argosy focuses on growth companies with experienced management teams and revenues between $15 and $100 million and EBITDA of $3 to $9 million. Argosy looks to invest $5 - $20 million per transaction. Specific areas of interest include manufacturing, business services, franchising and Value added distributions. The Firm will consider a variety of transaction types, including MBO’s, recapitalizations, growth equity and acquisitions. Argosy was formed in 1990 and is based in Wayne, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 55 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 29 of 39 |
| State: California M&A | 2 of 3 |
| Country: United States M&A | 41 of 55 |
| Year: 2021 M&A | 2 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-04 |
Fairway Architectural Railing Solutions
Mount Joy, Pennsylvania, United States Fairway Architectural Railing Solutions is a manufacturer of vinyl, aluminum and composite railing systems and distributor of ancillary building products. The company offers durable vinyl railing systems and lightweight aluminum and composite rail products and accessories primarily for residential decks. Fairway Architectural Railing Solutions was founded in 1997 and is based in Mount Joy, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-19 |
Wittenbach
Sparks, Maryland, United States Wittenbach provides cash handling, physical security, and electronic security. Wittenbach was founded in 1974 and is based in Sparks, Maryland. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Ironwood Capital is a private investment firm that makes equity and subordinated debt investments in lower middle-market companies. Investment proceeds are generally used to support leveraged buyouts, growth financings, and recapitalizations. Investments typically range from $10 to $40 million in companies generating $20 to $250 million in annual sales. Target sectors include healthcare products/services, value-added manufacturing, business services, consumer products, specialty distribution, and education. Ironwood prefers opportunities East of the Mississippi, but will selectively consider investments in the Western US. The Firm's investment horizon is three to five years. Ironwood Capital was formed in 2002 and is based in Avon, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 55 |
| Sector: Transportation M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 26 of 33 |
| State: California M&A | 4 of 5 |
| Country: United States M&A | 40 of 55 |
| Year: 2021 M&A | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-01 |
Sharps Medical Waste Services
Houston, Texas, United States Sharps Medical Waste Services provides comprehensive medical waste solutions including collection, transfer, transportation, recycling, waste reduction, sharps management, disposal, and consulting services to hospitals, medical offices, pharmacies and other healthcare providers. Sharps Medical Waste Services was founded in 1988 and is based in Houston, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-12 |
Southern Design Companies
Cumming, Georgia, United States Southern Design Companies provides landscaping and concrete foundation and finishing services to large, sophisticated home builders in the greater Atlanta MSA. Southern Design Companies was founded in 2009 and is based in Cumming, Georgia. |
Buy | - |
Headhaul Capital Partners LLC is a private equity firm focused on the transportation, logistics, and distribution sectors. The Firm looks to invest in management buyouts, industry consolidations and recapitalizations of middle-market companies with up to $500 million of revenue. Target companies generally possess strong management, offer value-add services, and operate in industry sub-sectors with favorable prospective supply/demand dynamics. Headhaul Capital Partners LLC was formed in 2014 and is headquartered in Harrison, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-01 |
DSI Logistics
Brea, California, United States DSI Logistics is a non-asset based provider of last-mile home delivery and installation for heavy and hard to handle goods. DSI Logistics was founded in 1997 and is based in Brea, California. |
Buy | - |