M&A Deal Summary |
|
|---|---|
| Date | 2021-07-29 |
| Target | Whitebridge Pet Brands |
| Sector | Food |
| Buyer(s) | NXMH |
| Sellers(s) |
Frontenac
Avante Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Houlihan Lokey (Financial) Winston & Strawn (Legal) |
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NXMH is a private investment group focused on acquiring majority interests in profitable companies in the consumer and cryptocurrency sectors. The Firm looks to commit €50 to €200 million per transaction and will consider opportunities throughout Europe. NXMH prefers businesses with strong, established brands and asset-light business models. NXMH was formed in 2011 and is headquartered in Brussels, Belgium.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Food M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Missouri M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-01 |
Moose Knuckles
Montreal, Quebec, Canada Moose Knuckles is a manufacturer of outerwear, sportswear and accessories for women, men and kids. Moose Knuckles is based in Montreal, Quebec. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1971 |
| PE ASSETS | 2.1B USD |
| Size | Large |
| Type | Sector Agnostic |
Frontenac is a Midwest US-based private equity firm that seek profitable, lower middle-market company investments with $5 to $25 million of EBITDA. Frontenac typically partners with management when pursuing acquisitions, including companies managed by owner-operators. Sectors of interest include financial services, healthcare services, education/HR services, manufacturing, publishing/media, and technology services. Frontenac was formed in 1971 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 60 |
| Sector: Food M&A | 5 of 6 |
| Type: Secondary Buyout M&A Deals | 16 of 17 |
| State: Missouri M&A | 3 of 3 |
| Country: United States M&A | 53 of 58 |
| Year: 2021 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-08 |
Salient CRGT
Fairfax, Virginia, United States Salient CRGT’s diverse, hard-working team provides a wide range of technology and mission support services to U.S. federal government agencies. The company has earned the unwavering trust of customers, who cite deep expertise, exceptionally responsive approach, and high-value solutions for consistently ensuring their success. Founded in 1998, Salient CRGT is a privately held company headquartered in Fairfax, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-03 |
EFC International
St. Louis, Missouri, United States EFC International is a distributor of highly-engineered specialty fasteners to the automotive and industrial end-markets. EFC International was founded in 1983 and is based in St. Louis, Missouri. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Agnostic |
Avante Mezzanine Partners is a provider of junior capital to lower middle-market companies generating at least $3 million in cash flow. The Firm looks to invest $5 to $20 million per transaction and generally works with private equity and independent sponsors in buyout transactions, as well as with entrepreneurs and owners to finance recapitalizations, refinancings, acquisitions and growth. Avante Mezzanine was formed in 2009 and has offices in Los Angeles and Boston.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 22 |
| Sector: Food M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 7 of 11 |
| State: Missouri M&A | 2 of 2 |
| Country: United States M&A | 13 of 22 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-18 |
Corporate Relocation International
Flower Mound, Texas, United States Corporate Relocation International is an asset-light provider of employee relocation services on a global basis. CRI’s mission is to help corporate clients provide a positive relocation experience for their employees. CRI’s service offering includes movement and storage of household goods, human resource relocation program development consulting, renter-specific relocation assistance, and home marketing assistance for relocating employees that are homeowners. Corporate Relocation was established in 1987 and is based in Flower Mound, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-25 |
Selerix Systems
McKinney, Texas, United States Selerix Systems provides highly configurable software that facilitates benefits administration (Selerix BenSelect), employee engagement (Selerix Engage), and ACA reporting (Selerix ACA). With an active user base of over 8.3 million client employees, Selerix is trusted by more than 18,000 employer groups to manage the complexities of end-to-end benefits administration. Selerix's software is used by an expansive network of leading brokerage firms and insurance companies and is widely recognized for its scalability, flexibility, and integration capabilities that support the enrollment and administration of over $3 billion in voluntary benefits and over $11 billion in medical, dental and vision benefits annually. Selerix Systems was founded in 2002 and is based in McKinney, Texas. |
Buy | - |
