M&A Deal Summary

NorthCurrent Partners Acquires Tri-State Water Power & Air

On January 15, 2021, private equity firm NorthCurrent Partners acquired consumer services company Tri-State Water Power & Air

Acquisition Highlights
  • This is NorthCurrent Partners’ 1st transaction in the Consumer Services sector.
  • This is NorthCurrent Partners’ 1st transaction in the United States.
  • This is NorthCurrent Partners’ 1st transaction in Missouri.

M&A Deal Summary
Date 2021-01-15
Target Tri-State Water Power & Air
Sector Consumer Services
Buyer(s) NorthCurrent Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Tri-State Water Power & Air

Cape Girardeau, Missouri, United States
Tri-State Water, Power & Air is a provider of residential upgrade products and services in the Midwest. Tri-State is focused on water filtration systems, water heater systems, permanent standby generators, air purification systems, and solar power solutions. Tri-State Water, Power & Air is based in Cape Girardeau, Missouri.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

NorthCurrent Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2019
Size Small
Type Sector Agnostic
DESCRIPTION

NorthCurrent Partners is a private investment firm focused on partnering with lower middle-market service-oriented companies in the MId-Atlantic and Southeast regions of the US. Specific areas of interest include business services, facility services, consumer services, residential services, and niche manufacturing. Target companies are generally profitable with $2 to $10 million of EBITDA. NorthCurrent Partners was formed in 2019 and is based in New York City.

DEAL STATS #
Overall 1 of 6
Sector (Consumer Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 6
State (Missouri) 1 of 1
Country (United States) 1 of 6
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-22 Belle Air

Orlando, Florida, United States

Belle Air is an air conditioning contractor that markets install and service residential HVAC systems and other products. Belle Air was founded in 2010 and is based in Orlando, Florida.

Buy -
Mergr

Product

Company

Legal