M&A Deal Summary

MPE Partners and Northstar Capital Acquire Comm-Works Holdings

On January 17, 2005, private equity firm MPE Partners and mezzanine finance firm Northstar Capital acquired communications company Comm-Works Holdings

Acquisition Highlights
  • This is MPE Partners’ 1st and Northstar Capital’s 1st transaction in the Communications sector.
  • This is MPE Partners’ 29th and Northstar Capital’s 14th transaction in the United States.
  • This is MPE Partners’ 3rd and Northstar Capital’s 4th transaction in Minnesota.

M&A Deal Summary

Date 2005-01-17
Target Comm-Works Holdings
Sector Communications
Buyer(s) MPE Partners
Northstar Capital
Deal Type Consolidation

Target

Comm-Works Holdings

Minneapolis, Minnesota, United States
Comm-Works provides enterprise voice and data system design, implementation and maintenance services.Seeking acquisitions to serve the retail, ?nancial services and government verticals.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 2

Buyer

MPE Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 3.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MPE Partners is a Midwest based investment firm principally focused private equity investments throughout North America. MPE has a preference for buyouts and recapitalizations of lower middle-market, family and entrepreneur owned businesses. The Firm looks for stand-alone companies operating in the 'high-value' manufacturing or business services sectors. MPE seeks businesses with at least $5 million of EBITDA and valued up to $250 million. MPE Partners is headquartered in Cleveland, Ohio.


DEAL STATS #
Overall 31 of 89
Sector: Communications M&A 1 of 2
Type: Consolidation M&A Deals 1 of 1
State: Minnesota M&A 3 of 5
Country: United States M&A 29 of 86
Year: 2005 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Solta Medical

Hayward, California, United States

Solta Medical is a designer, developer, manufacturer and marketer of medical devices for the non-invasive treatment of wrinkles. Solta Medical was formed in 1996 and is based in Hayward, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-04 Threshold Pharmaceuticals

South San Francisco, California, United States

Threshold Pharmaceuticals, Inc. is a biotechnology company focused on the discovery and development of small molecule therapeutics for the treatment of cancer.

Sell -
Buyer

Northstar Capital

Minneapolis, Minnesota, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1993
PE ASSETS 1.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Northstar Capital is a mezzanine finance firm that provides junior capital to middle-market companies operating in the value-added distribution, light manufacturing, business services, financial services, education, and specialty healthcare sectors. Northstar's typical investment size is $5 to $30 million in businesses generating sales of $20 to $300 million with an EBITDA of at least $3 million. Prospective companies have stable cash flows and sustainable margins. Investments typically have maturities of five to eight years. Northstar does not invest in start-ups, real estate development, natural resource exploration, or high technology companies. Northstar Capital was formed in 1993 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 15 of 121
Sector: Communications M&A 1 of 1
Type: Consolidation M&A Deals 1 of 4
State: Minnesota M&A 4 of 14
Country: United States M&A 14 of 116
Year: 2005 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Paradigm Electronics

Mississauga, Ontario, Canada

Paradigm Electronics, Inc. is a manufacturer of loudspeakers and audio-video components, sold under the Paradigm® and Anthem™ brand names. Paradigm sells through independent dealers (retailers and custom installers) in the U.S. and Canada and through independent distributors internationally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-19 Twinco Romax

Medina, Minnesota, United States

Twinco Romax LLC is a vertically integrated manufacturer and distributor of maintenance fluids and other consumable products for automotive, recreational vehicle, and marine applications.

Buy -