M&A Deal Summary |
|
|---|---|
| Date | 2021-03-16 |
| Target | VC3 |
| Sector | Information Technology |
| Buyer(s) |
Nautic Partners
Audax Private Debt |
| Sellers(s) | WestView Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Latham & Watkins (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 9.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 STATS | # |
|---|---|
| Overall | 65 of 82 |
| Sector: Information Technology M&A | 3 of 6 |
| Type: Secondary Buyout M&A Deals | 17 of 25 |
| State: South Carolina M&A | 2 of 2 |
| Country: United States M&A | 64 of 81 |
| Year: 2021 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-19 |
HES Facilities
Knoxville, Texas, United States HES Facilities is a provider of essential facility services for K-12 schools and higher education. HES Facilities is based in Knoxville, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-10 |
Spartech
St. Louis, Missouri, United States Spartech is a producer of plastic products including polymeric compounds, concentrates, custom extruded sheet and roll stock products, and packaging solutions for a wide spectrum of customers. Spartech was founded in 1960 and is based in St. Louis, Missouri. |
Sell | - |
| 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 | 71 of 120 |
| Sector: Information Technology M&A | 6 of 9 |
| Type: Secondary Buyout M&A Deals | 32 of 58 |
| State: South Carolina M&A | 1 of 2 |
| Country: United States M&A | 69 of 118 |
| Year: 2021 M&A | 4 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-02 |
Ya YA Foods
Toronto, Ontario, Canada Ya YA Foods is a contract manufacturer that offers a broad range of aseptic food and beverage products. Utilizing cutting-edge aseptic and hot-fill processing capabilities into both Tetra Pak carton and PET bottle packaging solutions, the company provides end-to-end packing solutions to multi-national beverage companies across North America. Ya YA Foods was founded in 2009 and is based in Toronto, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-29 |
SIAA
Hampton, New Hampshire, United States SIAA is a national alliance of independent insurance agents with billions in combined profitable premium. SIAA utilizes its collective strength through traditional and alternative market channels for the purpose of providing insurance consumers with competitive choices in addition to providing significant profit and equity appreciation opportunities for SIAA Member Agencies. SIAA was founded in 1995 and is based in Hampton, New Hampshire. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 2.7B USD |
| Size | Large |
| Type | Sector Agnostic |
WestView Capital Partners is a private equity firm focused on investing in lower middle-market companies. WestView looks to commit between $20 and $100 million in a variety of recapitalization, growth financing, buyout and consolidation transactions. Prospective companies generally exhibit consistent growth and financial performance as well as sustainable competitive advantages and market position. Sectors of interest include business services, industrial and manufacturing, distribution and logistics, consumer products and retail, healthcare services, environmental services, and media/publishing. The Firm's geographic preference is North America. WestView Capital Partners was formed in 2004 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 35 |
| Sector: Information Technology M&A | 7 of 10 |
| Type: Secondary Buyout M&A Deals | 10 of 13 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 29 of 35 |
| Year: 2021 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-01 |
CloudWave
Marlborough, Massachusetts, United States CloudWave is a full-service cloud services provider, technical consultancy, and technology solutions integrator for MEDITECH. CloudWave’s cloud services offerings include OpSus|Live, fully-managed MEDITECH hosting services, and OpSus|Recover, disaster recovery services for MEDITECH and enterprise applications. CloudWave was founded in 1991 and is based in Chagrin Falls, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-30 |
Prime Electric
Bellevue, Washington, United States Prime Electric provides specialty electrical services primarily to large non-residential clients across the technology, healthcare & biotech, public sector & education, industrial and commercial real estate sectors. With a footprint spanning the Pacific Northwest and California, the Company’s capabilities include electrical construction, electrical service & maintenance, underground & utilities services, and low voltage technology solutions. Prime Electric was founded in 1987 and is based in Bellevue, Washington. |
Buy | - |
