M&A Deal Summary |
|
|---|---|
| Date | 2021-07-08 |
| Target | Neighborly |
| Sector | Franchising |
| Buyer(s) |
KKR
HarbourVest Partners |
| Sellers(s) | Harvest Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams (Financial) White & Case (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 267.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 400 of 499 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 81 of 113 |
| State: Texas M&A | 23 of 27 |
| Country: United States M&A | 171 of 212 |
| Year: 2021 M&A | 32 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-05 |
Highway Concessions One
Mumbai, India Highway Concessions One is a roads platform. It currently operates a portfolio of national and state highway assets with a total length of 487 kilometers across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana. Highway Concessions One was founded in 2010 and is based in Mumbai, India. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-19 |
ON*NET Fibra Colombia
Bogotá, Colombia ON*NET Fibra Colombia is mainly focused on the businesses of mobile communications and connectivity, broadband services, fiber optics to the home, paid television, fixed-line communications, and a complete range of digital solutions for small, medium, and large companies and corporations. ON*NET Fibra Colombia is based in Bogotá, Colombia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 211 of 214 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 54 of 55 |
| State: Texas M&A | 20 of 21 |
| Country: United States M&A | 127 of 130 |
| Year: 2021 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-16 |
Perimeter Solutions
Clayton, Missouri, United States Perimeter Solutions is a manufacturer of firefighting chemicals and lubricant additives. The Fire Safety business includes formulation and manufacturing of fire management products along with services and pre-treatment solutions for managing wildland, military, industrial and municipal fires. Perimeter Solutions was established in 2018 and is based in Clayton, Missouri. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-20 |
Paycor
Cincinnati, Ohio, United States Paycor delivers modern, intuitive recruiting, HR, and payroll solutions. The company partners with businesses to optimize the management of their most valuable assets. Paycor’s personalized support and user-friendly technology ensure that key business processes, including recruiting, onboarding, reporting, timekeeping, compliance, and payroll, run smoothly. Paycor was formed in 1990 and is based in Cincinnati, Ohio. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Harvest Partners is a Investment firm provides Private Equity and Structured Capital focused on buyout, growth capital, minority position, and non-control investments in middle-market public and private companies. Harvest Partners looks to invest in profitable ($30 to $300 million of EBITDA). Sectors of interest include business services, consumer services, healthcare, industrial services, manufacturing, marketing, building products and distribution companies valued between $100 and $1000 million. The Firm prefers opportunities headquartered in North America. Harvest Partners was formed in 1981 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 36 |
| Sector: Franchising M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 16 of 19 |
| State: Texas M&A | 6 of 6 |
| Country: United States M&A | 27 of 32 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-28 |
Magnit
Folsom, California, United States Magnit is a provider of contingent workforce management solutions through a managed services program (“MSP”) and cloud-based vendor management software (“VMS”). Magnit was founded in 1991 and is based in Folsom, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-15 |
Fortis Solutions Group
Virginia Beach, Virginia, United States Fortis Solutions Group is a provider of pressure sensitive labels, flexible packaging, shrink sleeves, folding cartons, and label applicators. Fortis Solutions Group was founded in 1979 and is based in Virginia Beach, Virginia. |
Buy | - |