M&A Deal Summary |
|
|---|---|
| Date | 2005-03-31 |
| Target | MSC Group |
| Sector | Business Services |
| Buyer(s) |
Monitor Clipper Partners
HarbourVest Partners |
| Sellers(s) | H.I.G. Private Equity |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Monitor Clipper Partners (MCP) is a private equity group formed by consulting firm The Monitor Group and private equity firm The Clipper Group. MCP targets private equity investments in middle-market companies in North America and Western Europe and looks to commit $10 to $70 million of equity per transaction. MCP does not focus on any particular sector but current portfolio companies suggest an interest in business services, natural/organic foods, specialty retail, health care services, gaming, logistics, mortgage technology, marketing services, financial services and metals. The Firm will consider both control and minority positions. Monitor Clipper Partners was formed in 1998 and is based in Cambridge, Massachusetts with additional offices in Zurich, Switzerland, Toronto, Canada, Luxembourg and London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 41 |
| Sector: Business Services M&A | 4 of 5 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 14 of 33 |
| Year: 2005 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-08-17 |
Filogix
Toronto, Ontario, Canada Filogix, a Toronto-based provider of business solutions to Canada's real estate and mortgage-related industries. Filogix' core products connect mortgage lenders with independent mortgage brokers, lenders' in-house salesforces, and other data providers that participate in the mortgage process. Brokers and salespeople enter mortgage application data into a Filogix system, which then transmits the application to lenders for underwriting. The Company also provides workflow management products designed to increase the efficiency of both originators and lenders. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-05 |
Palladium Group
Washington, District of Columbia, United States Palladium Group is a professional services firm that provides services and expertise in strategy, finance, IT and human capital management. Palladium Group is based in Washington DC. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 214 |
| Sector: Business Services M&A | 3 of 8 |
| Type: Secondary Buyout M&A Deals | 3 of 55 |
| State: Florida M&A | 2 of 8 |
| Country: United States M&A | 13 of 130 |
| Year: 2005 M&A | 2 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-11 |
Nycomed Pharma AG
Zurich, Switzerland Nycomed Pharma AG is a manufacturer, marketer, and promoting a range of Rx and OTC pharmaceutical products in Europe. Nycomed offers hospital products and general practitioner medicines, as well as provides late-stage clinical development, and registration and marketing. Nycomed Pharma AG was established in 1986 and is based in Zurich, Switzerland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-05 |
Datatel
Fairfax, Virginia, United States Datatel has focused exclusively on helping colleges and universities manage their business processes. Datatel today provides fully integrated enterprise information management software solutions to more than 600 colleges, universities and other higher education institutions serving almost 4 million students |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HIG Private Equity is the private equity arm of HIG Capital. The Firm focuses on management buyouts, growth equity investments, and recapitalizations of mid-sized to large companies valued between $50 million and $1 billion. HIG will also consider industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 181 |
| Sector: Business Services M&A | 1 of 22 |
| Type: Secondary Buyout M&A Deals | 3 of 75 |
| State: Florida M&A | 1 of 20 |
| Country: United States M&A | 4 of 124 |
| Year: 2005 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-09-01 |
Personal Optics
Fullerton, California, United States Personal Optics is a marketer and distributor of eyewear in the US. Based in Fullerton, California, the Company is a major distributor of non-prescription reading glasses and popular-priced sunglasses to grocery and drug store chains and mass merchants. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-01 |
Specialized Vehicles
Dalton, Ohio, United States Specialized Vehicles Corporation is the leading manufacturer of specialized truck bodies and trailers servicing multi-stop beverage and food service distributors. Hackney specializes in drop-frame, side-access, aluminum bodies and trailers which enjoy a premium reputation. |
Sell | $53M |