M&A Deal Summary |
|
|---|---|
| Date | 2024-06-11 |
| Target | Nello |
| Sector | Manufacturing |
| Buyer(s) | Main Street Capital |
| Sellers(s) | Beckner Clevy Partners |
| Deal Type | Secondary Buyout |
| Deal Value | 37M USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Agnostic |
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 | 140 of 144 |
| Sector: Manufacturing M&A | 12 of 13 |
| Type: Secondary Buyout M&A Deals | 13 of 13 |
| State: Indiana M&A | 4 of 4 |
| Country: United States M&A | 140 of 144 |
| Year: 2024 M&A | 2 of 3 |
| Size (of disclosed) | 5 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-28 |
CHG
Shelton, Connecticut, United States CHG delivers packaging products through two distinct brands. Classic Home & Garden brand designs, engineers manufactures, and distributes decorative planters, fountains and home décor items through partnerships with growers, garden shops and traditional/online retailers, and Jade Road brand designs, engineers and manufactures turnkey fragrance products in addition to custom packaging solutions for the global fragrance and beauty categories. CHG was founded in 1975 and is based in Shelton, Connecticut. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-29 |
MoneyThumb
Encinitas, California, United States MoneyThumb is a software-as-a-service provider of financial file conversion, reconciliation, and analysis software to end customers primarily in the merchant cash advance and accounting industries. MoneyThumb was founded in 2014 and is headquartered in Encinitas, California. |
Buy | - |
Beckner Clevy Partners is a private investment firm focused on acquiring lower middle-market industrial companies. The Firm will consider opportunities throughout North America with $25 to $150 million of revenue and up to $10 million of EBITDA. Beckner Clevy Partners is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Indiana M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-26 |
IHP
Nashville, Tennessee, United States Innovative Hearth Products is a manufacturer of indoor and outdoor fireplaces, fireplace inserts, free-standing stoves, gas log sets, venting products and accessories for the specialty retail, residential new construction and industrial markets. Based in Nashville, Tenn. IHP operates manufacturing facilities in Russellville, Ala., Santa Ana, Calif. and Auburn, Wash. |
Sell | - |
