M&A Deal Summary |
|
|---|---|
| Date | 2024-02-26 |
| Target | Prime Pensions |
| Sector | Business Services |
| Buyer(s) |
Lightyear Capital
Audax Private Debt |
| Sellers(s) | Mill Point Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Raymond James - Investment Banking (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.1B USD |
| Size | Large |
| Type | Sector Focused |
Lightyear Capital is a specialist private equity firm that pursues brand-name businesses in the financial services sector. Lightyear looks for companies with stable, recurring revenues that operate in growing markets. Transaction strategies include leveraged buyouts, recapitalizations, restructurings and consolidations. Lightyear Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 45 of 46 |
| Sector: Business Services M&A | 4 of 5 |
| Type: Secondary Buyout M&A Deals | 16 of 16 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 39 of 40 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-09 |
Engage PEO
Hollywood, Florida, United States Engage PEO provides comprehensive HR solutions to small and mid-sized businesses nationwide, sharpening their competitive advantage. Comprised of the industry’s most respected veteran professional employer organization executives, certified HR professionals and attorneys, Engage PEO provides hands-on, expert HR services and counsel to help clients minimize cost and maximize efficiency for stronger business performance. The company’s superior service offering includes a full range of health and workers’ compensation insurance products, payroll technology and tax administration, risk management services and advanced technology as part of an extensive suite of HR services. Engage PEO was formed in 2011 and is based in Hollywood, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-12 |
CuraLinc Healthcare
Chicago, Illinois, United States CuraLinc Healthcare provides transformative mental health care fueled by connectivity – marrying technology and personalized advocacy to support employees, families, and students through programs that have a measurable impact on their health, well-being, and productivity. CuraLinc Healthcare was formed in 1980 and is based in Chicago, Illinois. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 108 of 120 |
| Sector: Business Services M&A | 14 of 18 |
| Type: Secondary Buyout M&A Deals | 49 of 58 |
| State: New Jersey M&A | 7 of 7 |
| Country: United States M&A | 106 of 118 |
| Year: 2024 M&A | 3 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-26 |
HR Green
Cedar Rapids, Iowa, United States HR Green provides infrastructure design, engineering, and consulting services to public and private sector clients across transportation, water, municipal advisory, broadband, and land development end markets. HR Green brings engineering, technical, and management solutions to clients across the Midwest, South, Mountain West, and California regions. HR Green was formed in 1913 and is based in Cedar Rapids, Iowa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-01 |
United Air Temp
Lorton, Virginia, United States United Air Temp is a provider of residential heating, ventilation, and air conditioning (HVAC) services to residential homeowners. United Air Temp was founded in 1931 and is headquartered in Lorton, Virginia. |
Buy | - |
Mill Point Capital is a private equity firm focused on buyouts of established middle-market companies with strong track records. The Firm will consider opportunities throughout North American and generally looks to invest $15 to $80 million in companies valued up to $250 million. Sectors of interest include industrial and business services. Mill Point Capital is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 9 of 9 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-20 |
International Designs Group
Decatur, Georgia, United States International Designs Group (IDG) is a provider of top-quality slab and tile materials for the kitchen and bath industry. IDG offers exclusive brands like Pompeii Quartz and Forum Quartz, as well as its tile label, CTC (Cancos). In addition to slab and tile distribution, IDG has showrooms in several eastern U.S. states, including Alabama, Georgia, South Carolina, Florida and New York. These showrooms highlight and sell the company’s distinctive slab and tile products, and also provide a range of complementary specialty products for the kitchen and bath. International Designs Group is based in Decatur, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-27 |
Proficium
Union, California, United States Proficium specializes in the design, manufacturing, and delivery of innovative products and value-added services for commercial AI infrastructures, hyperscale data centers, and enterprise companies. Proficium was founded in 2003 and is based in Union, California. |
Buy | - |
