Investment Summary

Long Point Capital and TriSpan Invest In CentriLogic

On June 13, 2018, private equity firms Long Point Capital and TriSpan invested in information technology company CentriLogic

Investment Highlights
  • This is Long Point Capital’s 1st and TriSpan’s 1st transaction in the Information Technology sector.
  • This is Long Point Capital’s 2nd and TriSpan’s 1st transaction in Canada.
  • This is Long Point Capital’s 1st and TriSpan’s 1st transaction in Ontario.

Investment Summary
Date 2018-06-13
Target CentriLogic
Sector Information Technology
Investor(s) Long Point Capital
TriSpan
Deal Type Growth Capital

Target

CentriLogic

Mississauga, Ontario, Canada
CentriLogic is a provider of managed hosting, cloud computing, and advanced IT outsourcing solutions. CentriLogic was founded in 2007 and is based in Mississauga, Ontario.

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Investor(S) 2

Investor

Long Point Capital

Royal Oak, Michigan, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1998
PE ASSETS 315M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Long Point Capital is a private equity firm that targets investments in mid-sized North American companies where current management looks to continue on with the business. Sectors of interest include manufacturing, distribution, and services. Long Point prefers to be the lead investor and looks for businesses generating sales of $30 to $200 million and EBITDA of at least $5 million. Prospective transaction types include recapitalizations, growth equity investments, industry consolidations, generational ownership changes, and management buyouts. Long Point was formed in 1998 and is based in Royal Oak, Michigan with an additional office in New York City.

DEAL STATS #
Overall 21 of 24
Sector (Information Technology) 1 of 1
Type (Growth Capital) 2 of 4
State (Ontario) 1 of 1
Country (Canada) 2 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-10 CHA

Albany, New York, United States

CHA is a diversified, full-service engineering consulting firm providing a wide range of technology-enhanced planning and design services to public, private and institutional clients. CHA was ranked the 36th largest design firm in the United States in 2017 by Engineering News Record and has annual revenue of $290 million. With technical personnel and offices throughout the United States and Canada, CHA offers engineering, architectural, survey, construction, and other services necessary to complete projects on time and within budget. CHA was founded in 1955 and is based in Albany, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-07 Precision Products Group

College Park, Maryland, United States

Precision Products Group with operations in the U.S and China is the parent company of Paramount Tube (Paramount) and Euclid Medical Products (Euclid). PPG is a manufacturer of precision tube and spring products for automotive, electrical insulation, medical and pharmaceutical, specialty packaging, and many other industrial and consumer products. Precision Products Group was founded in 1980 and is based in College Park, Maryland.

Sell -
Investor

TriSpan

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2015
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

TriSpan LLP is a private equity firm that manages several middle-market funds, an industry agnostic fun focused on opportunities in business services, healthcare, consumer, and industrial, and a restaurant centric fund that targets fast growing chains and restaurant concepts. TriSpan LLP was established in 2015 and has offices in London and New York.

DEAL STATS #
Overall 4 of 18
Sector (Information Technology) 1 of 1
Type (Growth Capital) 2 of 7
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-29 Rosa Mexicano

New York, New York, United States

Rosa Mexicano is a Mexican restaurant concept currently operating in nine locations in New York (3), Washington DC, Atlanta, Miami, Los Angeles, Hackensack, NJ, and National Harbor, MD. Rosa Mexicano delivers authentic Mexican dishes using the finest ingredients, traditional cooking techniques and authentic regional Mexican recipes. Rosa Mexicano was founded in 1984 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-10 Stacked

Huntington Beach, California, United States

Stacked is a disruptive contemporary casual dining brand with an experiential dining experience that allows guests to fully customize and personalize their meals. Enabled by proprietary technology, Stacked allows for complete customization of the dining experience, from the ingredients and related pricing to the pace of the meal. Stacked was founded in 2010 and is based in Huntington Beach, California.

Buy -
Mergr

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