M&A Deal Summary |
|
|---|---|
| Date | 2024-08-01 |
| Target | Fitness Ventures |
| Sector | Franchising |
| Buyer(s) | Meaningful Partners |
| Sellers(s) | Prospect Hill Growth Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams & Co. MOK Advisors (Financial) Latham & Watkins (Legal) |
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Meaningful Partners is a private investment firm focused on acquiring and investing in middle-market consumer companies. The Firm looks to commit $10 to $50 million of equity capital in businesses with at least $10 million of revenue. Specific areas of interest include health/wellness, personal care, food/beverage, retail, pets, household products, and tech-enabled services. Meaningful Partners was formed in 2016 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Franchising) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-16 |
M2 Ingredients
Carlsbad, California, United States M2 Ingredients is a producer of 100% organic, whole-food mushroom powders with the full spectrum of bioactive compounds to support daily health, sports performance, recovery, and cognition, with a consumer-packaged-goods brand, Om, that uses their mushroom powders and proprietary formulas to sell easy-to-consumer, multi-factor wellness products utilizing an omnichannel strategy with nationwide distribution. M2 Ingredients was formed in 2010 and is based in Carlsbad, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 2.7B USD |
| Size | Large |
| Type | Sector Agnostic |
Prospect Hill Growth Partners is a private equity firm specializing in leveraged buyouts and recapitalizations of middle-market growth companies across the US. Prospect Hill looks for profitable businesses ($5 to $25 million of EBITDA) with annual revenues from $50 to $300 million with strong brands and leading market positions. Target sectors include consumer products, healthcare, specialty retail, and asset management. Prospect Hill Growth Partners was formerly known as J.W. Childs and changed its name in 2019. The Firm was originally formed in 1995 and is headquartered in Waltham, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 22 |
| Sector (Franchising) | 1 of 1 |
| Type (Secondary Buyout) | 11 of 11 |
| State (Florida) | 4 of 4 |
| Country (United States) | 22 of 22 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-24 |
Motis Brands
Germantown, Wisconsin, United States Motis Brands manufactures and distributes active brands in the loading, hauling, mobility, and automotive segments. The company's three divisions, Discount Ramps, Race Ramps, and Heavy Duty Ramps, combine to offer patented product designs and proprietary manufacturing processes with broad distribution and eCommerce expertise. Motis Brands is based in Germantown, Wisconsin. |
Buy | - |
