M&A Deal Summary

Irby Acquires Treadyway Electric

On December 9, 2011, Irby acquired electrical equipment company Treadyway Electric from Diamond State Ventures

Acquisition Highlights
  • This is Irby’s 1st transaction in the Electrical Equipment sector.
  • This is Irby’s 3rd transaction in the United States.
  • This is Irby’s 1st transaction in Arizona.

M&A Deal Summary
Date 2011-12-09
Target Treadyway Electric
Sector Electrical Equipment
Buyer(s) Irby
Sellers(s) Diamond State Ventures
Deal Type Add-on Acquisition

Target

Treadyway Electric

Little Rock, Arizona, United States
Treadway Electric Company, Inc. distributes electrical supplies to commercial, industrial, residential, utility, government, telecommunications, and poultry processing industries in Arkansas.

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Buyer(S) 1

Buyer

Irby

Jackson, Mississippi, United States
Category Company
Founded 1926
Sector Distribution
DESCRIPTION

Irby Co. is an electrical distribution company. It offers commercial, contractor, utility, and industrial electrical products, services and solutions.

DEAL STATS #
Overall 3 of 5
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 3 of 5
State (Arizona) 1 of 1
Country (United States) 3 of 5
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-01 Priester Supply

Arlington, Texas, United States

Priester Supply is a utility distributor.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-13 Treadway Electric

Little Rock, Arkansas, United States

Treadway Electric Co., Inc. is an electrical distributor.

Buy -

Seller(S) 1

SELLER

Diamond State Ventures

Little Rock, Arkansas, United States

Investor Investor

Category Growth Capital Firm
Founded 1999
PE ASSETS 125M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Diamond State Ventures (DSV) is a private equity and venture capital firm focused on small and lower middle-market company investments in Arkansas, as well as the Midwest and Southeast US. DSV looks to commit $1 to $5 million per investment, which can take the form of subordinated debt, preferred equity or a combination of the two. Prospective transaction situations include growth capital financings, management buyouts, family successions, recapitalizations, and early stage investments. Sectors of interest include niche manufacturing, business services, media, consumer products and services, education, healthcare, and technology. DSV will not invest in seed or startup companies. Diamond State Ventures is based in Little Rock.

DEAL STATS #
Overall 2 of 14
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 2 of 11
State (Arizona) 1 of 2
Country (United States) 2 of 14
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 Doctor’s Choice Home Care

Sarasota, Florida, United States

Doctor’s Choice Home Care is a medicare certified home health agency. Doctor’s Choice Home Care was founded in 2007 and is based in Sarasota, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Kramer Technologies

Orlando, Florida, United States

Developer of web-based technology used by healthcare institutions and large practice clinics to boost revenue cycle efficiency by improving the accuracy and quality of front-end admissions and billing information processes.

Sell -
Mergr

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