M&A Deal Summary

Huron Capital Acquires Spring & Sprout

On June 23, 2014, private equity firm Huron Capital acquired healthcare services company Spring & Sprout

Acquisition Highlights
  • This is Huron Capital’s 4th transaction in the Healthcare Services sector.
  • This is Huron Capital’s 32nd transaction in the United States.
  • This is Huron Capital’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2014-06-23
Target Spring & Sprout
Sector Healthcare Services
Buyer(s) Huron Capital
Deal Type Recapitalization

Target

Spring & Sprout

Lake Ariel, Pennsylvania, United States
Spring & Sprout is a dental support organization (“DSO”) formed to provide practice support services to dental specialists in pediatric dentistry and orthodontics. Spring & Sprout will initially provide its support services to dental practices in Ohio, with plans to expand its presence through the Midwest and into the South. Spring & Sprout is based in Lake Ariel, Pennsylvania.

Search 201,292 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) 1

Buyer

Huron Capital

Detroit, Michigan, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 1.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Huron Capital Partners is a private equity firm that seeks to acquire or recapitalize niche manufacturers, value-added distributors and specialty service companies. Prospective transaction situations include management buyouts, corporate spin-offs, recapitalizations, family successions and consolidations. Huron prefers opportunities located in the US and Canada. Target companies typically have revenues between $20 and $200 million and EBITDA of at least $5 million. Huron can commit up to $10 million and $50 million of equity capital per transaction. Huron Capital Partners was formed in 1999 and has offices in Detroit, Michigan and Ontario, Canada.

DEAL STATS #
Overall 35 of 62
Sector (Healthcare Services) 4 of 4
Type (Recapitalization) 12 of 16
State (Pennsylvania) 1 of 1
Country (United States) 32 of 59
Year (2014) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-23 XLerate Group

Carmel, Indiana, United States

XLerate Group is an auction and remarketing facilitation company facilitating transactions between buyers and sellers at its Internet-enabled physical and private label remote sales in California, Texas, Florida, South Carolina, Michigan, Wisconsin, Georgia, Illinois, and Pennsylvania. XLerate Group was founded in 2010 and is based in Carmel, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-10 OneTouchPoint

Hartland, Wisconsin, United States

OneTouchPoint provides print and document services that include digital document management, data exchange between OTP and its customers, just-in-time production and delivery, variable data printing, document hosting, and customized print solutions. OneTouchPoint was founded in 2007 and is based in Hartland, Wisconsin.

Sell -
Mergr

Product

Company

Legal