Investment Summary

JPB Partners Invests In ZIPS Cleaners

On April 11, 2013, asset manager JPB Partners invested in franchising company ZIPS Cleaners

Investment Highlights
  • This is JPB Partners’ 1st transaction in the Franchising sector.
  • This is JPB Partners’ 26th transaction in the United States.
  • This is JPB Partners’ 6th transaction in Maryland.

Investment Summary

Date 2013-04-11
Target ZIPS Cleaners
Sector Franchising
Investor(s) JPB Partners
Deal Type Stake Purchase

Target

ZIPS Cleaners

Savage, Maryland, United States
ZIPS Cleaners provides a dry cleaning experience that maintains high-quality services at one low price for any garment and operates 46 stores in the Mid-Atlantic region. ZIPS Cleaners was founded in 1996 and is based in Savage, Maryland.

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Investor(S) 1

Investor

JPB Partners

Hanover, Maryland, United States

Investor Investor Investor


Category Asset Manager
Founded 1995
Size Small
Type Sector Agnostic
DESCRIPTION

JPB Capital Partners LLC is the private equity affiliate of merchant bank JPB Enterprises. JPB Capital looks to invest in lower middle-market businesses located in the Mid-Atlantic and Southeast regions of the US. Target businesses typically have revenues of $10 to $100 million and EBITDA greater than $2 million. Sectors of interest include distribution, business services, food/beverage, manufacturing, and specialty contracting. The Firm prefers control positions. The firm invests in the range of $3 to $10 million per transaction. JPB Capital Partners is located in Columbia, Maryland.


DEAL STATS #
Overall 26 of 34
Sector: Franchising M&A 1 of 1
Type: Stake Purchase M&A Deals 3 of 3
State: Maryland M&A 6 of 7
Country: United States M&A 26 of 34
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-27 Ilex Consumer Products Group

Baltimore, Maryland, United States

Ilex Consumer Products Group, Inc. is a consumer brand management company that owns brands in the health, beauty, and over-the-counter OTC pharmaceutical sector. Ilex Consumer Products Group is based in Baltimore, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-11 Baja Fresh

Irvine, California, United States

Baja Fresh is a chain of fast-casual Tex Mex restaurants. Baja Fresh was formed in 1990 and is based in Irvine, California.

Buy -