M&A Deal Summary |
|
|---|---|
| Date | 2014-12-01 |
| Target | Edge Fitness Clubs |
| Sector | Consumer Services |
| Buyer(s) | Norwest Equity Partners |
| Sellers(s) |
Crestar Partners
New Heights Capital Fifth Street Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 1961 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. NEP targets investments in businesses valued between $50 and $500 million, typically investing $50 to $250 million of capital per investment. Funds are typically used to fund management buyouts, recapitalizations, and growth financing. Sectors of interest include manufacturing, distribution, healthcare, technology/business services, and consumer products/services. NEP is affiliated with Norwest Mezzanine Partners, an investment partnership focused on providing junior capital to middle-market companies. Norwest Equity Partners is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 47 of 75 |
| Sector (Consumer Services) | 3 of 3 |
| Type (Secondary Buyout) | 17 of 29 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 45 of 72 |
| Year (2014) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-10-01 |
Movati Athletic
Etobicoke, Ontario, Canada Movati Athletic is a premium fitness concept that offers amenities such as group fitness classes, pools, basketball courts, women’s-only sections, childcare and a common area for weight training and cardio to more than 95,000 members. Movati Athletic was founded in 1997 and is based in Etobicoke, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-17 |
eyebobs
Minneapolis, Minnesota, United States eyebobs is a purveyor of style-centric, premium quality eyewear for the “irreverent and slightly jaded” consumer. In the years since its inception, eyebobs has successfully created a niche in the eyewear market by developing a line of distinctive, high-quality reading glasses sold at an exceptional value. eyebobs was founded in 2001 and is based in Minneapolis, Minnesota. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| Size | Small |
| Type | Sector Agnostic |
Crestar Partners is a private equity firm focused on investing and acquiring early, growth, and mature companies. Crestar targets profitable businesses, with sustainable competitive advantages. Areas of interest includes value added distribution, direct marketing, specialty finance, consumer products and differentiated businesses services. The Firm looks to be flexible provider of capital, including providing debt and equity. Crestar Partners was formed in 2003 and is based in Boca Raton, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector (Consumer Services) | 1 of 1 |
| Type (Secondary Buyout) | 2 of 2 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 6 of 7 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-01 |
LendingOne
Boca Raton, Florida, United States LendingOne is a direct private money lending company for real estate professionals. They provide financing and credit facilities solutions to create growth opportunities for Fix and Flip and Rehab to Rent investors. LendingOne is based in Boca Raton, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-01 |
Care Lync
Philadelphia, Pennsylvania, United States Care Lync is a social services agency focused on providing service coordination services to adults diagnosed with intellectual disabilities, physical disabilities and autism spectrum disorder throughout Pennsylvania. Care Lync is based in Philadelphia, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| Size | Small |
| Type | Sector Agnostic |
New Heights Capital is a private equity investment firm focused on buyouts and recapitalizations of profitable, lower middle-market companies located in the US and Canada. The Firm prefers businesses with non-cyclical revenues, defensible market positions, and growth potential, either organically or through acquisitions. Target companies generally have pre-tax profits of $1 to $10 million and at least $5 million of revenue. Sectors of interest include services, niche manufacturing, consumer products, healthcare, value-added distribution, and specialty retail/catalog/internet. New Heights Capital was formed in 2006 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Consumer Services) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-07 |
Edge Fitness Clubs
Orange, Connecticut, United States Edge Fitness Clubs offers fitness equipment, fitness programming and specialized in-club services such as personal training and Pilates. Edge Fitness Clubs was founded in 1987 and is based in Orange, Connecticut. |
Buy | - |
Fifth Street Capital is a public investment firm focused on providing mezzanine financing to support expansions, acquisitions, recapitalizations, and management buyouts of middle-market US based companies. Fifth Street looks to invest between $5 and $50 million per transaction. Sectors of interest include consumer products, healthcare services, manufacturing, medical device manufacturing, food services, business services, restaurants, speciality retail, logistics, and value added distribution. Fifth Street Capital is based in White Plains, New York.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 59 |
| Sector (Consumer Services) | 2 of 4 |
| Type (Secondary Buyout) | 6 of 20 |
| State (Connecticut) | 1 of 3 |
| Country (United States) | 20 of 58 |
| Year (2014) | 7 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-05 |
CRGT
Reston, Virginia, United States CRGT, Inc. is a full life-cycle IT services provider for the Federal Government, offering customers agile software development, data analytics, and cyber security & infrastructure support. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-10 |
DISA
Houston, Texas, United States DISA is specializes in providing a comprehensive suite of employee testing, screening, and compliance management solutions to a diverse set of end markets. DISA was founded in 1986 and is based in Houston, Texas. |
Sell | - |
