Buyout (LBO, MBO, MBI) • Consumer Services

Nautic Partners and Triangle Capital Acquire Simplura Health Group

On September 11, 2014, private equity firms Nautic Partners and Triangle Capital acquired consumer services company Simplura Health Group

Acquisition Context
  • This is Nautic Partners’ 1st and Triangle Capital’s 1st transaction in the Consumer Services sector.
  • This is Nautic Partners’ 44th and Triangle Capital’s 90th transaction in the United States.
  • This is Nautic Partners’ 2nd and Triangle Capital’s 3rd transaction in New York.
Investment Fate
  • Simplura Health Group was sold to a consortium of financial buyers in 2016.
  • Simplura Health Group was sold to a publicly-traded strategic buyer in 2020 for 575M USD.

Explore All 527 Buyout (LBO, MBO, MBI) Consumer Services Deals - Search the Database Free


M&A Deal Summary

Date September 11, 2014
Target Simplura Health Group
Sector Consumer Services
Buyer(s) Nautic Partners
Triangle Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Ziegler (Financial)

Target Company

Simplura Health Group

Valley Stream, New York, United States
Simplura Health Group is a provider of home care services to patients in New York, New Jersey, and Florida. Simplura Health provides a wide range of services from basic services, such as providing a homemaker to assist with meal preparation and light housekeeping for a few hours a day or a home health aide to provide assistance with activities of daily living, to complex home nursing services provided by around-the-clock Registered Nurses. Simplura Health Group was founded in 1955 and is based in Valley Stream, New York.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyers Overview 2

Buyer

Nautic Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 9.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Nautic Partners is a private equity firm focused on middle-market company investments based in the US. Nautic looks to invest $50 to $400 million of equity in businesses valued between $100 million and $1 billion. Nautic's industry focus is business services, manufacturing, healthcare, and communications. Prospective investment structures include buyouts, recapitalizations, consolidations, and growth financings. Nautic prefers majority investment positions. Nautic Partners was formed in 1986 and is based in Providence, Rhode Island.


Deal Context for Buyer #
Overall 45 of 83
Sector: Consumer Services 1 of 1
Type: Buyout (LBO, MBO, MBI) 23 of 33
State: New York 2 of 4
Country: United States 44 of 82
Year: 2014 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-31 Custom Windows & Doors

Ocala, Florida, United States

Custom Window Systems, Inc. is a designer and manufacturer of windows, doors, and porch enclosure products in the southeastern United States. CWS offers a full range of aluminum impact-resistant windows and doors, aluminum and vinyl non-impact windows and doors, and porch enclosure products. Custom Window Systems, Inc. was founded in 1986 and is based in Ocala, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-23 Carr Management Holdings

Nashua, New Hampshire, United States

Carr Management Holdings is a specialized manufacturer of blow-molded, high-density polyethylene bottles for the dairy, water, food, industrial and nutraceutical industries. Carr Management Holdings is based in Nashua, New Hampshire.

Sell -
Buyer

Triangle Capital

Raleigh, North Carolina, United States

Category Private Equity Firm
Founded 2007
Size Middle-Market
Type Sector Agnostic
DESCRIPTION


Deal Context for Buyer #
Overall 91 of 114
Sector: Consumer Services 1 of 1
Type: Buyout (LBO, MBO, MBI) 36 of 40
State: New York 3 of 3
Country: United States 90 of 112
Year: 2014 9 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 Tate’s Bake Shop

Southampton, New York, United States

Tate’s is a premium, consumer branded producer of gourmet cookies and other baked goods marketed throughout the United States. Tate’s has been one of the fastest growing biscuit brands in the United States over the last 12 months. The brand’s sales have quadrupled over the past five years. Tate’s Bake Shop is the home of America’s top-rated chocolate chip cookie, available at grocery stores, gourmet shops and natural food stores nationwide, as well as online.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-16 Cook & Boardman

Winston-Salem, North Carolina, United States

Cook & Boardman offers a broad range of products including metal and wood doors, locks, doorframes, and other related building components for non-residential applications. The Company operates a network of thirty-five locations across eleven states and services its customers nationwide. Cook & Boardman was founded in 1955 and is based in Winston-Salem, North Carolina.

Buy -