M&A Deal Summary |
|
|---|---|
| Date | 2024-12-10 |
| Target | Prescott’s |
| Sector | Medical Products |
| Buyer(s) |
Morgan Stanley Capital Partners
Audax Private Debt |
| Sellers(s) | Atlantic Street Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams Houlihan Lokey (Financial) Kramer Levin Naftalis & Frankel (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| Size | Large |
| Type | Sector Agnostic |
Morgan Stanley Capital Partners (MSCP) is the private investment arm of financial services firm and investment bank Morgan Stanley. MSCP looks to partner with founders looking to leverage Morgan Stanley's resources, as well as fund corporate carveouts, recapitalizations, buyouts, and industry consolidations. Areas of interest include business services, industrials, education, consumer products/services, food/beverage, retail, healthcare, and packaging. MSCP primarily targets businesses operating in North America valued between $75 and $750 million. Morgan Stanley Capital Partners is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 50 of 52 |
| Sector: Medical Products M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 19 of 20 |
| State: Colorado M&A | 3 of 3 |
| Country: United States M&A | 47 of 48 |
| Year: 2024 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-19 |
FoodScience
Williston, Vermont, United States FoodScience is a formulator, manufacturer, and marketer of high-quality nutritional supplements for humans and pets. FoodScience was founded in 1973 and is based in Williston, Vermont. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-03 |
SelectQuote
Overland Park, Kansas, United States SelectQuote is a term life insurance sales company that offers auto and home insurance. The company offers engagement points for consumers across insurance, Medicare, pharmacy, and value-based care, and now has three core business lines: SelectQuote Senior, SelectQuote Healthcare Services, and SelectQuote Life. SelectQuote Healthcare Services is comprised of the SelectRx Pharmacy, a Patient-Centered Pharmacy Home (PCPH) accredited pharmacy, SelectPatient Management, a provider of chronic care management services, and Healthcare Select which proactively connects consumers with a wide breadth of healthcare services supporting their needs. SelectQuote was founded in 1985 and is based in Overland Park, Kansas. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 116 of 120 |
| Sector: Medical Products M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 56 of 58 |
| State: Colorado M&A | 3 of 3 |
| Country: United States M&A | 114 of 118 |
| Year: 2024 M&A | 11 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-18 |
NSI Industries
Huntersville, North Carolina, United States NSI Industries is a provider of a wide variety of electrical connectors including insulated connectors and mechanical, digital time controls, time switches, wire management products, and related electrical components for construction, maintenance, and repair applications. NSI Industries was established in 1975 and is based in Huntersville, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-11 |
Frontline Managed Services
Atlanta, Georgia, United States Frontline Managed Services is a provider of business process outsourcing to the legal and accounting markets. Frontline Managed Services specializes in white glove IT help desk support, IT Managed Services (Development, Infrastructure, Engineering, and Legacy Software Support), Managed Financial Services (e-billing processing, accounts receivable management, and cash application), and training and education through its e-learning platform. Frontline Managed Services was founded in 1987 and is based in Atlanta, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Atlantic Street Capital is an operationally focused private equity firm that partners with entrepreneurs and management teams to create value. Atlantic Street looks to acquire profitable companies where it can invest $15 to $75 million per deal. Target industries include consumer products, services, manufacturing, distribution, retail, restaurant and healthcare. Atlantic Street prefers opportunities located in the US and Canada and will only consider control situations. Atlantic Street Capital was formed in 2006 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 11 |
| Sector: Medical Products M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 7 of 7 |
| State: Colorado M&A | 1 of 1 |
| Country: United States M&A | 10 of 11 |
| Year: 2024 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-17 |
Double B Foods
Arlington, Texas, United States Double B Foods is a producer of meat snacks and frozen prepared food products for the private label and co-pack retail and food service industries. Double B Foods was founded in 1971 and is based in Arlington, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-05 |
Zips Car Wash
Plano, Texas, United States Zips Car Wash offers four levels of car wash packages in the convenient form of a ride-thru car wash experience. Zips Car Wash also offers free self-serve vacuums and Unlimited Wash Club Memberships at most locations. Zips Car Wash was founded in 2004 and is based in Plano, Texas. |
Sell | - |