M&A Deal Summary |
|
|---|---|
| Date | 2024-03-07 |
| Target | AFX |
| Sector | Electrical Equipment |
| Buyer(s) |
Merit Capital Partners
Fulton Capital |
| Deal Type | Buyout (LBO, MBO, MBI) |
SEARCH BY
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 2.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Merit Capital Partners is a private investment firm that targets investments in middle market manufacturing, distribution, and service based businesses. Merit looks for companies generating at least $20 million in sales and at least $4 million in EBITDA. Merit can provide both equity and junior capital financing and looks to commit at least $15 million per transaction. Prospective transaction situations include management buyouts, recapitalizations, growth financings, divestitures, unsponsored transactions, and ESOPs. Merit Capital will not invest in start-ups, turnarounds, real estate, specialty retail, or oil/gas opportunities. Merit Capital was originally known as William Blair Mezzanine Capital and became independent in 2004. Merit Capital Partners was formed in 1993 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 103 of 105 |
| Sector: Electrical Equipment M&A | 6 of 6 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 63 of 63 |
| State: Illinois M&A | 11 of 11 |
| Country: United States M&A | 102 of 104 |
| Year: 2024 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-23 |
Circuit Check
Maple Grove, Minnesota, United States Circuit Check is a provider of electronic test equipment and services to OEMs and contract manufacturers in the technology, medical and industrial and markets. Circuit Check was founded in 1979 and is based in Maple Grove, Minnesota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-22 |
Kemper Equipment
Honey Brook, Pennsylvania, United States Kemper Equipment is a designer, manufacturer, and assembler of integrated, material handling and processing systems, solutions, and equipment for use in the minerals and aggregates processing sector throughout the U.S. Kemper also provides aftermarket replacement and maintenance parts and services for its equipment and systems. Kemper Equipment was founded in 1981 and is based in Honey Brook, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| Size | Small |
| Type | Sector Agnostic |
Fulton Capital is a private equity firm small to mid-sized companies with revenues between $10 and $100 million. Prospective companies are profitable with a minimum EBITDA of $2 million and up to $10 million. Fulton looks for control investment situations and prefers opportunities located in the US. Sectors of interest include niche manufacturing, logistics, distribution, and service. Fulton Capital is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector: Electrical Equipment M&A | 4 of 4 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 4 of 4 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 6 of 7 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-12 |
RP Lighting + Fans
Albuquerque, New Mexico, United States RP Lighting + Fans is a distributor of ceiling fans, electrical wiring devices, and lighting fixtures used predominantly in multi-family housing complexes and other related end markets. Royal Pacific was founded in 1990 and is based in Albuquerque, New Mexico. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-04 |
Carl’s Place
Milton, Wisconsin, United States Carl’s Place is a manufacturer and distributor of fully customizable golf simulator packages and products. The Company sells branded proprietary products, such as enclosures, hitting mats, and impact screens, in conjunction with golf technology products, such as launch monitors, to create complete golf simulator packages. Carl’s Place was founded in 2006 and is headquartered in Milton, Wisconsin. |
Buy | - |
