M&A Deal Summary |
|
|---|---|
| Date | 2017-06-01 |
| Target | CIBT |
| Sector | Business Services |
| Buyer(s) |
Kohlberg & Company
Antares Capital Goldman Sachs Merchant Banking Jefferies Capital Partners Trustar Capital |
| Sellers(s) | ABRY Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Credit Suisse Investment Banking William Blair (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Kohlberg & Company is a private equity firm which acquires middle-market companies with consistent cash flow, and underperforming companies with operational deficiencies. Kohlberg looks to commit $100 to $500 million of equity capital in opportunities valued from $200 million to $2 billion. Kohlberg generally looks for opportunities in the manufacturing and service sectors, however the Firm will also selectively consider businesses in food and healthcare. Kohlberg tends not to consider technology or communications companies. Kohlberg & Company was formed in 1987 and has offices in Mt. Kisco, New York.
| DEAL STATS | # |
|---|---|
| Overall | 56 of 81 |
| Sector: Business Services M&A | 7 of 11 |
| Type: Secondary Buyout M&A Deals | 14 of 35 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 55 of 80 |
| Year: 2017 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-26 |
Elevate Outdoor Collective
Bellevue, Washington, United States Elevate Outdoor Collective is a designer, developer, manufacturer and marketer of outdoor winter sporting goods. It serves devoted skiing and snowboarding enthusiasts worldwide through brands such as K2, Vlkl, Marker and Dalbello. Elevate Outdoor Collective is based in Bellevue, Washington. |
Buy | $240M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-24 |
USIC
Indianapolis, Indiana, United States USIC is a provider of regulatory-driven safety and utility inspection services to a national customer base across the infrastructure end-markets. USIC was founded in 1978 and is based in Indianapolis, Indiana. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Small |
| Type | Sector Agnostic |
Antares Capital is a private investment group that targets growth capital financings as well as management buyout opportunities. The Firm focuses on investments based in the Southeast US and Texas. Prospective companies generally have proven business models, modest capital requirements for growth, and operate in large and growing markets. The Firm looks to commit $500k to $5 million per investment. Antares will not invest in real estate, mineral exploration, distributors, franchisees, or project financings. Antares was founded in 1993 and is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 55 |
| Sector: Business Services M&A | 3 of 5 |
| Type: Secondary Buyout M&A Deals | 18 of 30 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 33 of 54 |
| Year: 2017 M&A | 3 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-10 |
Jefferson Dental & Orthodontics
Dallas, Texas, United States Jefferson Dental & Orthodontics provides compassionate, affordable, and convenient dental and orthodontic care through more than 70 Jefferson Dental and The Smile Center offices across Texas and Oklahoma City. Jefferson Dental & Orthodontics was founded in 1967 and is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-05 |
Randall-Reilly
Tuscaloosa, Alabama, United States Randall-Reilly is a provider of data and data-driven marketing solutions for industrial end markets including heavy-duty trucking, construction equipment, agricultural equipment, and machine tools. Randall-Reilly’s unique data assets and highly customizable digital marketing solutions enable clients to identify and target sales, marketing, and recruiting prospects. Randall-Reilly was founded in 1934 and is based in Tuscaloosa, Alabama. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 140 of 189 |
| Sector: Business Services M&A | 11 of 15 |
| Type: Secondary Buyout M&A Deals | 46 of 68 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 99 of 130 |
| Year: 2017 M&A | 7 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-31 |
Transcendia
Franklin Park, Illinois, United States Transcendia is a converter and distributor of synthetic films in North America. It provides specialized manufacturing and converting services including liquid and extrusion coating, select sheet extrusion, and a wide-range of precision converting including slitting, sheeting, magnetic striping, security and specialty printing. Transcendia is based in Franklin Park, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-20 |
Perseus
New York, New York, United States Perseus is a provider of managed services for high-precision, high-speed, high-performance applications. With clients spanning the Financial, Media, eCommerce and iGaming sectors, Perseus offers a fully-managed suite of services across the trade lifecycle as well as many of the world’s fastest Market-to-Market routes. |
Sell | $38M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 850M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Jefferies Capital Partners is a private equity investment firm that seeks to invest in later-stage growth companies, management buyouts, and support of corporate expansion and industry consolidation. The firm makes equity and equity-linked investments between $20 million and $100 million per transaction. Jefferies does not invest in start-ups, early-stage ventures or real estate. The firm seeks companies with revenue between $10 million to $500 million per annum. Jefferies targets companies involved in the following industries: consumer, energy, financial services, healthcare, manufacturing and distribution, media, telecommunications and transportation. Jefferies Capital Partners is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 29 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 7 of 8 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 26 of 27 |
| Year: 2017 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-28 |
Industrial Container Services
Montebello, California, United States Industrial Container Services is a provider of reusable container solutions in the United States, providing new and reconditioned steel, plastic, and fiber drums. With 49 facilities across the United States and Canada, ICS collects, reconditions and distributes over 10 million steel, poly and intermediate bulk containers annually and is the only company capable of offering comprehensive services, including pickup and reconditioning of containers of all major packaging types, new container manufacturing and distribution, to customers nationally. Industrial Container Services is based in Montebello, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-14 |
Industrial Container Services
Montebello, California, United States Industrial Container Services is a provider of reusable container solutions in the United States, providing new and reconditioned steel, plastic, and fiber drums. With 49 facilities across the United States and Canada, ICS collects, reconditions and distributes over 10 million steel, poly and intermediate bulk containers annually and is the only company capable of offering comprehensive services, including pickup and reconditioning of containers of all major packaging types, new container manufacturing and distribution, to customers nationally. Industrial Container Services is based in Montebello, California. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 8.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Trustar Capital is the private equity arm of financial services/asset manager CITIC Group. Trustar Capital separates its private equity investment activity into three groups; China, Japan, and the US. In general, Trustar looks to invest in companies with 'strong franchises', with established brands and high barriers to entry. For US-based opportunities, the firm looks to leverage its connections in China. Broad areas of interest include niche manufacturing, consumer products, and business services. The Firm does not invest in start-ups or distressed businesses. Trustar Capital is based in Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 64 |
| Sector: Business Services M&A | 2 of 8 |
| Type: Secondary Buyout M&A Deals | 8 of 12 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 10 of 11 |
| Year: 2017 M&A | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-25 |
LifeStyles
Singapore, Singapore LifeStyles is specialized in sexual wellness sector, possessing a broad product range. LifeStyles was founded in 1905 and is based in Singapore. |
Buy | $600M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-01 |
McDonald s China
Shanghai, China McDonald's is a chain of hamburger fast food restaurants. McDonald's China was founded in 1975 and is based in Shanghai, China. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 12.8B USD |
| Size | Mega |
| Type | Sector Focused |
ABRY Partners is a media and communications focused private equity investment firm. Specific areas of interest include television, publishing, convention/trade shows, for-profit training, couponing, monitoring services, telephone companies, communications towers, music libraries, database providers, wireless communications, and in-store advertisers. ABRY can provide both equity and mezzanine capital, typically committing $20 to $200 million of equity or $15 to $50 million of mezzanine capital per transaction. Prospective transaction situations include buyouts, expansion financings, platform acquisitions, consolidations, and recapitalizations. ABRY Partners was formed in 1989 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 69 of 104 |
| Sector: Business Services M&A | 8 of 11 |
| Type: Secondary Buyout M&A Deals | 19 of 33 |
| State: District of Columbia M&A | 2 of 2 |
| Country: United States M&A | 60 of 89 |
| Year: 2017 M&A | 7 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-26 |
International Medical Group
Indianapolis, Indiana, United States International Medical Group, Inc. is a provider of medical insurance products and assistance services. IMG offers a full line of international medical insurance products, as well as trip cancellation programs, medical management services and 24/7 emergency medical and travel assistance all designed to provide members Global Peace of Mind® while they’re away from home. International Medical Group, Inc. was established in 1989 and is headquartered in Indianapolis, Indiana. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-18 |
Lightower Fiber Networks
Boxborough, Massachusetts, United States Lightower Fiber Networks LLC is a fiber network and broadband service provider in the Northeast, offering over 4,600 fiber route miles coupled with comprehensive transport, alternative access, and nationwide long haul services. |
Sell | $7.1B |
