M&A Deal Summary

Lightspring Capital Partners Acquires Maxxsonics

On November 1, 2021, private equity firm Lightspring Capital Partners acquired electronics company Maxxsonics

Acquisition Highlights
  • This is Lightspring Capital Partners’ 1st transaction in the Electronics sector.
  • This is Lightspring Capital Partners’ 3rd transaction in the United States.
  • This is Lightspring Capital Partners’ 1st transaction in Illinois.

M&A Deal Summary

Date 2021-11-01
Target Maxxsonics
Sector Electronics
Buyer(s) Lightspring Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Maxxsonics

Libertyville, Illinois, United States
Maxxsonics is a designer, manufacturer, and distributor of premium branded audio components. The Company serves a variety of end markets including auto aftermarket, powersports, and marine. Maxxsonics was founded in 2001 and is based in Libertyville, Illinois.

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Buyer(S) 1

Buyer
DESCRIPTION

Lightspring Capital Partners is a private equity firm that looks to acquire majority positions in profitable lower middle-market companies with $10 to $75 million of revenue. The Firm will consider opportunities throughout the US, but has a preference for businesses in the Midwest. Areas of interest include niche manufacturing, value-added distribution, business services, consumer products, transportation, and logistics. Lightspring Capital Partners is based Chicago, Illinois.


DEAL STATS #
Overall 3 of 12
Sector: Electronics M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 9
State: Illinois M&A 1 of 3
Country: United States M&A 3 of 12
Year: 2021 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 BSM Wall Systems

Lenexa, Kansas, United States

BSM Wall Systems is a multi-location specialty contractor specializing in installation, wholesale, and retail sales of stone, stucco, brick, block, and masonry products. BSM Wall Systems was founded in 2008 and is based in Lenexa, Kansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Modern Insulation

Spencer, Wisconsin, United States

Modern Insulation manufacturers of the Weather Blanket brand of cellulose fiber insulation. Modern Insulation is based in Spencer, Wisconsin.

Buy -