M&A Deal Summary

Main Street Capital Acquires BlackHawk Datacom

On June 3, 2014, private equity firm Main Street Capital acquired information technology company BlackHawk Datacom

Acquisition Highlights
  • This is Main Street Capital’s 3rd transaction in the Information Technology sector.
  • This is Main Street Capital’s 69th transaction in the United States.
  • This is Main Street Capital’s 3rd transaction in Louisiana.

M&A Deal Summary
Date 2014-06-03
Target BlackHawk Datacom
Sector Information Technology
Buyer(s) Main Street Capital
Deal Type Recapitalization

Target

BlackHawk Datacom

Lafayette, Louisiana, United States
BlackHawk Datacom is a Gulf Coast region provider of communication and data transfer technology solutions primarily to oil & gas exploration and production and marine industries. The company operates through several subsidiaries and under several trade names in addition to Datacom, including Global Technology Group, Blackhawk Security Solutions, and Raven Research and Development. BlackHawk Datacom was founded in 2002 and is based in Lafayette, Louisiana.

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Buyer(S) 1

Buyer

Main Street Capital

Houston, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Main Street Capital Holdings is a public investment firm that invests in mid-market companies to support ownership transitions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. Main Street looks for businesses opearting in basic industries with positive cash-flow and and defensible competitive advantages. Main Street generally invests $5 to $75 million in companies with $10 to $150 million of revenue and EBITDA of $3 to $20 million. Investments are usually in the form of term debt and/or direct equity. Main Street Capital Corporation was formed in 1997 and is based in Houston, Texas.

DEAL STATS #
Overall 69 of 137
Sector (Information Technology) 3 of 6
Type (Recapitalization) 18 of 56
State (Louisiana) 3 of 4
Country (United States) 69 of 137
Year (2014) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-06 Integrated Printing Solutions

Centennial, Colorado, United States

Integrated Printing Solutions LLC is a premier producer and innovator of card solutions and strategies for some of the world’s most influential companies. IPS is certified by Visa, MasterCard, and American Express to receive, store and personalize all of its branded products. Company deliver state-of-the-art creative design and manufacturing for cards and packaging, on-demand card printing, personalization, fulfillment, secure warehousing and distribution, data management, and direct mail solutions for the retail, healthcare, prepaid card, financial and advertising industries.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-08 Boss Industries

LaPorte, Indiana, United States

Boss Industries is a provider of power take-off (PTO) rotary screw air technology, offering a full line of vehicle-integrated compressors as well as natural gas booster and vapor recovery systems. Boss Industries was founded in 1988 and is based in LaPorte, Indiana.

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