M&A Deal Summary

Momentum Capital Partners Acquires Magnum Tunneling

On November 17, 2008, private equity firm Momentum Capital Partners acquired construction company Magnum Tunneling

Acquisition Highlights
  • This is Momentum Capital Partners’ 1st transaction in the Construction sector.
  • This is Momentum Capital Partners’ 6th transaction in the United States.
  • This is Momentum Capital Partners’ 5th transaction in Texas.

M&A Deal Summary
Date 2008-11-17
Target Magnum Tunneling
Sector Construction
Buyer(s) Momentum Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Magnum Tunneling

Houston, Texas, United States
Magnum Tunneling provides heavy underground construction services. It offers underground construction of tunnels, drainages, pipelines, shafts, electrical, telephone, CATV, fiber optics, and residential developments, as well as sewer, water, and gas lines. Magnum Tunneling is based in Houston, Texas.

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Buyer(S) 1

Buyer

Momentum Capital Partners

Haltom City, Texas, United States

Investor Investor

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Momentum Capital Partners is a private investment firm focused on smaller equity investments in profitable companies. Momentum will consider both minority or control positions and looks to place $3 to $8 million of capital per transaction. Proceeds are typically used for growth, acquisition, recapitalization and ownership transfers. Areas of interest include media (radio stations), distribution, manufacturing, and energy services. Momentum Capital dates back to 2000 and is based in Fort Worth, Texas.

DEAL STATS #
Overall 6 of 7
Sector (Construction) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 6 of 7
State (Texas) 5 of 6
Country (United States) 6 of 7
Year (2008) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-22 Rhythm Band Instruments

Fort Worth, Texas, United States

Rhythm Band Instruments primary business is importing, selling and distributing musical instruments and related products for elementary school education. Rhythm Band Instruments was founded in 1961 and is based in Fort Worth, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-25 Displays FAS

Arlington, Texas, United States

Displays FAS is a professional Fine Art Services company. Displays FAS was founded in 1995 and is based in Arlington, Texas.

Buy -
Mergr

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