M&A Deal Summary

Kian Capital Partners Acquires Diamond Metals Distribution

On February 8, 2018, private equity firm Kian Capital Partners acquired metals/mining company Diamond Metals Distribution

Acquisition Highlights
  • This is Kian Capital Partners’ 1st transaction in the Metals/Mining sector.
  • This is Kian Capital Partners’ 15th transaction in the United States.
  • This is Kian Capital Partners’ 1st transaction in Ohio.

M&A Deal Summary
Date 2018-02-08
Target Diamond Metals Distribution
Sector Metals/Mining
Buyer(s) Kian Capital Partners
Deal Type Recapitalization

Target

Diamond Metals Distribution

Cleveland, Ohio, United States
Diamond Metals Distribution provides value-added services such as production saw cutting, flame cutting, pre-squared finishing, and grinding and milling services to tool steels, hot and cold rolled steels, powdered metals, and alloy plates and rounds. Diamond Metals Distribution was founded in 1995 and is based in Cleveland, Ohio.

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Buyer(S) 1

Buyer

Kian Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2011
PE ASSETS 825M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Kian Capital Partners is a private equity firm focused on providing equity and junior capital to support growth, buyouts, shareholder liquidity needs, recapitalizations, divestitures, and refinancings of profitable lower middle-market companies with up to $150 million in revenue. Kian will consider opportunities throughout the US and seeks businesses operating in the business services, distribution, healthcare services, and niche manufacturing sectors. Kian Capital Partners was formed in 2011 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 15 of 27
Sector (Metals/Mining) 1 of 1
Type (Recapitalization) 4 of 8
State (Ohio) 1 of 1
Country (United States) 15 of 27
Year (2018) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-14 Automated Gate Services

Corona, California, United States

Automated Gate Services provides automated gate and security solutions, including emergency repair, planned maintenance, design, fabrication, access control and installation to residential and commercial customers across Southern California. Automated Gate Services was founded in 1998 and is based in Inglewood, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 Trifecta Networks

Oldsmar, Florida, United States

Trifecta Networks is a distributor and reseller of both certified pre-owned (“CPO”) and new networking equipment. The Company offers network switches, routers, security devices, voice over IP phones, and much more from a wide variety of manufacturers such as Cisco, Juniper, Hewlett Packard, Brocade, and Avaya. Trifecta professionally tests and certifies its pre-owned equipment and offers an industry-leading warranty on everything it sells. Trifecta Networks was founded in 2017 and is based in Oldsmar, Florida.

Buy -
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