Investment Summary

Merit Capital Partners Invests In Advantage Sintered Metals

On January 1, 2015, mezzanine finance firm Merit Capital Partners invested in manufacturer Advantage Sintered Metals

Investment Highlights
  • This is Merit Capital Partners’ 10th transaction in the Manufacturing sector.
  • This is Merit Capital Partners’ 72nd transaction in the United States.
  • This is Merit Capital Partners’ 4th transaction in Michigan.

Investment Summary
Date 2015-01-01
Target Advantage Sintered Metals
Sector Manufacturing
Investor(s) Merit Capital Partners
Deal Type Growth Capital

Target

Advantage Sintered Metals

Battle Creek, Michigan, United States
Advantage Sintered Metals is a manufacturer of structural powder metal components used in numerous end applications and sold primarily to original equipment manufacturers in the outdoor power, medical, office equipment and heavy vehicle industries. Advantage Sintered Metals is based in Battle Creek, Michigan.

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Investor(S) 1

Investor

Merit Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1993
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

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 $25 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 was formed in 1993 and is based in Chicago, Illinois.

DEAL STATS #
Overall 73 of 98
Sector (Manufacturing) 10 of 13
Type (Growth Capital) 3 of 6
State (Michigan) 4 of 4
Country (United States) 72 of 97
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-01 Sales Performance International

Charlotte, North Carolina, United States

Sales Performance Internationa is a sales and marketing management consulting firm. SPI has helped enable the world’s leading corporations to drive sustainable revenue growth through sales performance improvement.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-24 Knights Apparel

Spartanburg, South Carolina, United States

Knights Apparel, Inc. is a designer and supplier of licensed sports apparel. Knights is a licensee for colleges and universities, professional leagues, and professional teams, often under arrangements providing some level of exclusivity. Knights’ products include apparel across a number of categories, including t-shirts, fleeces and sweatshirts, and shorts for men, women, and infant/toddler consumers. Its products are sold to big box retailers, specialty sporting goods stores and bookstores.

Sell $200M
Mergr

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