M&A Deal Summary |
|
|---|---|
| Date | 2012-06-01 |
| Target | Combs Produce Co. |
| Sector | Business Services |
| Buyer(s) | Lipman Produce |
| Sellers(s) | CIC Partners |
| Deal Type | Add-on Acquisition |
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Lipman commands a significant percentage of the fresh tomato industry with locations throughout North America. As part of Lipman’s geographic diversity, the company has strategically located farming, packing and distribution facilities across the country that provide wholesale, retail and foodservice customers with fresh produce year-round.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2012 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1974 |
| PE ASSETS | 500M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
CIC Partners is a lower middle-market private equity firm that targets investments in energy, food service, manufacturing, service, retail, technology, and media companies. CIC looks for businesses generating sales of $10 to $500 million where the firm can invest $5 to $50 million of equity capital, either as a majority or minority position. Prospective transaction situations include management-led buyouts, growth financings, and recapitalizations. CIC Partners is the successor to Cardinal Investment Company's Private Equity Group, originally formed in 1974. CIC Partners is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 32 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 4 of 9 |
| State: Texas M&A | 11 of 15 |
| Country: United States M&A | 21 of 31 |
| Year: 2012 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-25 |
Quiznos
Denver, Colorado, United States Quiznos is engaged in franchising and operating quick-service restaurants commonly known for toasted sub-style sandwiches with approximately 4,000 operating units around the world. Quiznos was founded in 1981 and is based in Denver, Colorado. |
Sell | $150M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-11 |
Granite City Food & Brewery
Bloomington, Minnesota, United States Granite City Food & Brewery is a casual dining restaurant with an on-site brewery. Granite City Food & Brewery was founded in 1997 and is based in Bloomington, Minnesota. |
Buy | - |
