M&A Deal Summary |
|
|---|---|
| Date | 2020-08-26 |
| Target | Convenience Valet |
| Sector | Distribution |
| Buyer(s) | Lil Drug Store Products |
| Sellers(s) |
Tecum Capital
Weinberg Capital Group |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Cowen (Financial) Benesch, Friedlander, Coplan & Aronoff (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1974 |
| Sector | Distribution |
Lil' Drug Store Products is a distributor of a wide variety of products to over 100,000 stores in the U.S. and a supplier of health and beauty care products to the convenience retail trade. Lil' Drug Store Products was founded in 1974 and is based in Cedar Rapids, Iowa.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Tecum Capital is a private equity firm focused on lower middle-market companies across the Eastern-US. Tecum will consider a variety of investment situations including leveraged buyouts, management buyouts, successions, strategic acquisitions, growth capital financings, and recapitalizations. Investment sizes range from $5 - $20 million. Industries of interest include manufacturing, plastics, specialty distribution, technology, healthcare services, defense, food, and business/consumer services. Tecum will not consider investments in start-ups or real estate. Tecum Capital was formed in 2005 and is based in Wexford, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 25 |
| Sector: Distribution M&A | 1 of 3 |
| Type: Add-on Acquisition M&A Deals | 4 of 9 |
| State: Illinois M&A | 1 of 2 |
| Country: United States M&A | 12 of 25 |
| Year: 2020 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-08 |
Conco
Verona, Pennsylvania, United States Conco is a provider of low-pressure, mechanical heat exchanger tube cleaning and non-destructive testing services to power generation and industrial companies. Conco’s proprietary product applications result in significant cost savings for its customers through immediate improvements in plant heat transfer rate, megawatt output, fuel consumption, and CO2 emissions, while reducing water usage, time, and expense in the cleaning process. Conco was founded in 1923 and is based in Verona, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-01 |
Uncle Charley s Sausage
Vandergrift, Pennsylvania, United States Uncle Charley's Sausage produces and distributes gourmet sausage and meat products to retail markets throughout six states, including Pennsylvania, West Virginia, Ohio, and Maryland. Uncle Charley's Sausage was founded in 1988 and is based in Vandergrift, Pennsylvania. |
Sell | - |
| Category | Family Office |
|---|---|
| Founded | 2003 |
| Size | Small |
| Type | Sector Agnostic |
Weinberg Capital Group is a Midwestern US-based investment firm focused on real estate and private equity investments. Weinberg's private equity group targets control investments in lower middle-market, North American, profitable companies with $10 to $100 million of revenue. Sectors of interest include manufacturing, business services, medical and healthcare, aviation services, consumer products, and value-added distribution. Weinberg's real estate group targets opportunities in retail, multi-family, office, and industrial properties. Weinberg Capital Group was formed in 2003 and is based in Cleveland, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 9 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 8 of 9 |
| Year: 2020 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-14 |
Aero 3
Bedford, New Hampshire, United States Aero 3 is an aviation group providing aircraft parts, repair, and maintenance services through its brands AeroRepair, AirCrafters, Hemico, and Skywheels. The Company’s capabilities include component overhaul, wheel and brake servicing, PMA engineering, and parts distribution for commercial, business, and military aircraft operators across North America and international markets. Aero 3 was founded in 2019 and is headquartered in Bedford, New Hampshire. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-20 |
Drake Waterfowl Systems
Olive Branch, Mississippi, United States Drake Waterfowl Systems is a provider of hunting gear, hunting boots, hunting waders, and hunting clothes made especially for duck hunters by duck hunters. Drake Waterfowl Systems was founded in 2002 and is based in Olive Branch, Mississippi. |
Buy | - |
