M&A Deal Summary

Monument Microcap Partners Acquires San Benito Shutter

On November 22, 2021, private equity firm Monument Microcap Partners acquired building materials company San Benito Shutter from LongWater Opportunities - Private Equity

Acquisition Highlights
  • This is Monument Microcap Partners’ 2nd transaction in the Building Materials sector.
  • This is Monument Microcap Partners’ 6th transaction in the United States.
  • This is Monument Microcap Partners’ 2nd transaction in California.

M&A Deal Summary

Date 2021-11-22
Target San Benito Shutter
Sector Building Materials
Buyer(s) Monument Microcap Partners
Sellers(s) LongWater Opportunities - Private Equity
Deal Type Secondary Buyout

Target

San Benito Shutter

Hollister, California, United States
San Benito Shutter is a small wood shutter manufacturing business operating as a one-man show out of a residential garage. San Benito Shutter custom manufactures completed wood and poly shutter panels from its purpose-built facility in Northern California. San Benito Shutter was founded in 1990 and is based in Hollister, California.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

Monument Microcap Partners is a private investment firm focused on acquiring small ($1 to $5 million of EBITDA) businesses throughout the US and Canada. The Firm looks to partner with and work alongside management to pursue growth opportunities (organic and add-ons) as well as improve operations. Broad areas of interest include niche manufacturing, business services, and value-added distribution. Monument Microcap Partners was established in 2018 and is headquartered in Indianapolis, Indiana.


DEAL STATS #
Overall 6 of 10
Sector (Building Materials) 2 of 3
Type (Secondary Buyout) 2 of 2
State (California) 2 of 2
Country (United States) 6 of 10
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Lewis Cabinet Specialties Group

Tremonton, Utah, United States

Lewis Cabinet Specialties Group is a custom cabinet manufacturer serving residential and commercial customers. The Company manufactures fully customizable and made-to-order cabinet doors and drawer faces cabinet boxes, and dovetail drawer boxes. Lewis Cabinet Specialties Group is based in Tremonton, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 Renovate America

Tremonton, Utah, United States

Renovate America is a specialty interior building products component platform selling directly to professional installers, assemblers, and manufacturers, primarily addressing residential interior renovations. Renovate America is based in Tremonton, Utah.

Buy -

Seller(S) 1

DESCRIPTION

LongWater Opportunities is an operationally-focused private equity firm that targets control buyout equity investments in lower middle-market US-based manufacturing companies in partnership with family owner-operators and entrepreneurs. LongWater pursues profitable companies valued between $10 and $50 million. LongWater Opportunities was established in 2009 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 4 of 4
Sector (Building Materials) 1 of 1
Type (Secondary Buyout) 3 of 3
State (California) 1 of 1
Country (United States) 4 of 4
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Lewis Cabinet Specialties Group

Tremonton, Utah, United States

Lewis Cabinet Specialties Group is a custom cabinet manufacturer serving residential and commercial customers. The Company manufactures fully customizable and made-to-order cabinet doors and drawer faces cabinet boxes, and dovetail drawer boxes. Lewis Cabinet Specialties Group is based in Tremonton, Utah.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Pistil Designs

Osage, Iowa, United States

Pistil Designs is a designer of headwear, bags, and related outdoor apparel and accessories. Pistil Designs was founded in 2003 and is based in Osage, Iowa.

Buy -