M&A Deal Summary

ista North America Acquires USI Energy

On February 1, 2005, ista North America acquired utilities company USI Energy from Navigation Capital Partners

Acquisition Highlights
  • This is ista North America’s 1st transaction in the Utilities sector.
  • This is ista North America’s 1st transaction in the United States.
  • This is ista North America’s 1st transaction in Georgia.

M&A Deal Summary
Date 2005-02-01
Target USI Energy
Sector Utilities
Buyer(s) ista North America
Sellers(s) Navigation Capital Partners
Deal Type Add-on Acquisition

Target

USI Energy

Alpharetta, Georgia, United States
USI Energy principal business is the reading, billing and collection ('RBC') of utility bills for multi-family apartment owners. Customers include most of the large apartment REITs in the U.S.

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Buyer(S) 1

Buyer

ista North America

Alpharetta, Georgia, United States
Category Company
Founded 1997
Sector Business Services
DESCRIPTION

ista North America, Inc. is a provider of business process outsourcing services for multifamily, manufactured housing, commercial, and retail energy clients.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-29 ista Multifamily Solutions Group

Alpharetta, Georgia, United States

ista Multifamily Solutions Group is a provider of energy and water metering and utility billing. The Company's primary services include submetering, resident utility billing, utility expense management, convergent billing, vacant cost recovery and benchmarking and reporting. ista MSG principally serves the multifamily housing market where its systems and services are utilized in both newly constructed properties and in the retrofitting of existing properties.

Sell -

Seller(S) 1

SELLER

Navigation Capital Partners

Atlanta, Georgia, United States

Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 340M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Navigation Capital Partners (NCP) is a private equity firm that makes growth and buyout investments in established mid-market companies with longstanding customer relationships, proprietary manufacturing processes, and mission-critical services. Target companies typically have annual sales up to $150 million and the firm can commit between $10 and $40 million of equity capital per transaction. Sectors of interest include engineered industrial products, automotive & recreational vehicle components, building & construction products, packaging products & services, specialty chemicals, value-added distribution, business services, financial services, healthcare services, and transportation/logistics. Navigation Capital Partners is based in Atlanta, Georgia.

DEAL STATS #
Overall 4 of 26
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 3 of 12
State (Georgia) 1 of 5
Country (United States) 4 of 26
Year (2005) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-01 Summit Global Partners

Dallas, Texas, United States

USI is a growing and diversified insurance and financial services firm focused on providing fully integrated distribution of general and specialty property and casualty insurance and financial services such as employee benefits outsourcing and related consulting.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-18 L.E. Technologies

Fairfax, Vermont, United States

L.E. Technologies is a manufacturer of frames and related components serving the towable recreational vehicle industry. In addition, the company fabricates steel and aluminum components and provides electro-coat finishing services to RV and transportation industry customers.

Sell -
Mergr

Product

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