Investment Summary |
|
|---|---|
| Date | 2024-07-23 |
| Target | Condata |
| Sector | Business Services |
| Investor(s) | Astira Capital Partners |
| Sellers(s) |
NextGen Growth Partners
The Firmament Group |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams (Financial) BakerHostetler (Legal) |
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Astira Capital Partners is a private equity firm investing in growth-oriented, tech-enabled services and software businesses. The Firm’s investment mandate includes control buyouts and significant minority growth capital investments with a focus on scaling organically and through strategic acquisitions. Astira’s sector expertise encompasses business services, marketing technology, information services, and financial services. Astira Capital Partners was founded in 2023 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 3 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-18 |
Altus Commercial Receivables
Metairie, Louisiana, United States Altus Commercial Receivables provides commercial debt recovery services to customers in the United States and abroad. The Company is a commercial receivable management agency offering receivable management outsourcing, domestic and international commercial collections, audit collection, and business receivable management training. Altus Commercial Receivables was established in 1994 and is based in Metairie, Louisiana. |
Buy | - |
NextGen Growth Partners is a hands-on private investment firm focused on acquiring and growing small to mid-sized companies. The Firm targets businesses with $5 to $50 million of revenue and $1.5 to $7 million of cash-flow. The Firm has a particular interest in businesses facing succession issues and where the owner is looking for full or partial liquidity. NextGen Growth Partners is a based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-01 |
Premiere Property Services
Grand Rapids, Michigan, United States Premiere Property Services is a family owned and operated grand rapids based construction and renovation company that offers a variety of services to commercial, residential and multi-housing communities. Premiere Property Services was founded in 1996 and is based in Grand Rapids, Michigan. |
Buy | - |
The Firmament Group is a family backed investment firm focused on providing equity and debt capital to small and medium-sized companies. Funds are generally used to finance leveraged buyouts, complete recapitalizations or restructurings, provide liquidity for organic growth, or finance add-on acquisitions. The Firmament Group was established in 2012 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 4 of 4 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 6 of 6 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-14 |
Whitecap Waste
Beckley, West Virginia, United States Whitecap Waste is a provider of waste management services for residential, commercial, and industrial. Whitecap Waste is based in Beckley, West Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-31 |
AAG
Michigan, United States AAG manufactures and distributes consumable and reference materials to the atomic spectroscopy industry, with offices across the US and the UK, the Company provides customers across the globe with one of the broadest product suites in the atomic spectroscopy industry. |
Buy | - |