M&A Deal Summary

LMG Holdings Acquires SCRAM Systems

On May 28, 2021, LMG Holdings acquired electronics company SCRAM Systems from The Riverside Company

Acquisition Highlights
  • This is LMG Holdings’ 1st transaction in the Electronics sector.
  • This is LMG Holdings’ 1st transaction in the United States.
  • This is LMG Holdings’ 1st transaction in Colorado.

M&A Deal Summary
Date 2021-05-28
Target SCRAM Systems
Sector Electronics
Buyer(s) LMG Holdings
Sellers(s) The Riverside Company
Deal Type Add-on Acquisition

Target

SCRAM Systems

Littleton, Colorado, United States
SCRAM Systems is a provider of technology-enabled monitoring solutions and groundbreaking offender management software for state and local judicial systems and corrections departments.

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Buyer(S) 1

Buyer

LMG Holdings

Blue Ash, Ohio, United States
Category Company
Founded 1991
Sector Safety/Security
DESCRIPTION

LMG Holdings is a provider of ignition interlock devices (IIDs) used to help prevent drunk driving. LMG operates three market-leading brands: LifeSafer, Monitech and Guardian, and serves clients and monitoring agencies in the U.S. and Canada through its network of more than 1,500 authorized service centers. LMG Holdings was founded in 1991 and is based in Blue Ash, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

The Riverside Company

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.

DEAL STATS #
Overall 170 of 191
Sector (Electronics) 7 of 7
Type (Add-on Acquisition) 73 of 82
State (Colorado) 5 of 5
Country (United States) 122 of 133
Year (2021) 6 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-26 Greenphire

King of Prussia, Pennsylvania, United States

Greenphire is a provider of clinical payment technology, designed to change the way research professionals work. The Company leverages its proprietary workflow automation and advanced web‐based payment technologies to help clients improve operational efficiency, reduce costs, mitigate regulatory risks, increase subject retention and compliance, and produce quantifiable results that improve clinical operations and strategic planning. Greenphire was founded in 2007 and is based in King of Prussia, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 OnScent

Norwood, New Jersey, United States

OnScent is a company engaged in the business of formulating, producing, manufacturing, distributing, repackaging, and reselling fragrances, flavors, cosmetic ingredients, essential oils and aroma chemicals for personal care, industrial and institutional, air care, household and laundry, and food and beverage applications.

Buy -
Mergr

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Company

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