M&A Deal Summary

Monroe Capital and InCompass Acquire Bridgeport

On September 18, 2023, lender Monroe Capital and InCompass acquired manufacturer Bridgeport

Acquisition Highlights
  • This is Monroe Capital’s 5th and InCompass’ 1st transaction in the Manufacturing sector.
  • This is Monroe Capital’s 98th and InCompass’ 1st transaction in the United States.
  • This is Monroe Capital’s 4th and InCompass’ 1st transaction in Michigan.

M&A Deal Summary
Date 2023-09-18
Target Bridgeport
Sector Manufacturing
Buyer(s) Monroe Capital
InCompass
Deal Type Add-on Acquisition

Target

Bridgeport

Kalamazoo, Michigan, United States
Bridgeport offers machine tool solutions for the global manufacturing community. Specializing in vertical milling equipment, the company possesses the ability to take on the most challenging manufacturing applications. Bridgeport offers a comprehensive range of services, including repair parts, field service, retrofit, and rebuild. Bridgeport was founded in 1938 and is based in Kalamazoo, Michigan.

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Buyer(S) 2

Buyer

Monroe Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Lender
Founded 2004
PE ASSETS 14.1B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Monroe Capital is a provider of senior and junior debt and equity co-investments to middle-market companies in the US and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is a generalist investor and will consider companies in the healthcare, technology, media, retail, consumer sectors. Monroe Capital was formed in 2004 and is based in Chicago, Illinois.

DEAL STATS #
Overall 99 of 115
Sector (Manufacturing) 5 of 5
Type (Add-on Acquisition) 4 of 5
State (Michigan) 4 of 4
Country (United States) 98 of 114
Year (2023) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Mitchell Gold + Bob Williams

Taylorsville, North Carolina, United States

Mitchell Gold + Bob Williams is a manufacturer of high-quality furniture in the U.S. The company's innovative and stylish products are sold in many of the country's specialty home furnishings retailers, catalog retailers, and the company's signature stores. Mitchell Gold + Bob Williams was founded in 1989 and is based in Taylorsville, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-20 ClearCompany

Boston, Massachusetts, United States

ClearCompany is a talent management software solution that helps companies identify, hire and engage more A Players. ClearCompany’s software enables thousands of clients to consistently improve their talent lifecycle by implementing and automating a best-practices approach to total talent management. ClearCompany was founded in 2004 and is based in Boston, Massachusetts.

Buy -
Buyer

InCompass

Maple Grove, Minnesota, United States
Category Company
Sector Manufacturing
DESCRIPTION

InCompass provides customers with the time-saving solutions and industry expertise they need to grow their business by bringing together industrial manufacturers offering innovative products and systems. The Company's brands include Timesavers, Dubois Equipment Company, Randbright, Bourn & Koch, Mollart Machinery, Clausing Industrial, Pratt Burnerd, and UK-based Colchester Machine Tool Solutions. InCompass is based in Maple Grove, Minnesota.

DEAL STATS #
Overall 1 of 2
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Michigan) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-27 Newman Machine

Browns Summit, North Carolina, United States

Newman Machine specializes in designing and engineering a wide range of equipment, such as planers, grinders, and sanders. Newman Machine was founded in 1907 and is based in Browns Summit, North Carolina.

Buy -
Mergr

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