M&A Deal Summary

Olympus Partners Acquires Heniff Transportation Systems

On December 3, 2019, private equity firm Olympus Partners acquired transportation company Heniff Transportation Systems

Acquisition Highlights
  • This is Olympus Partners’ 2nd transaction in the Transportation sector.
  • This is Olympus Partners’ 44th transaction in the United States.
  • This is Olympus Partners’ 5th transaction in Illinois.

M&A Deal Summary
Date 2019-12-03
Target Heniff Transportation Systems
Sector Transportation
Buyer(s) Olympus Partners
Deal Type Recapitalization

Target

Heniff Transportation Systems

Oak Brook, Illinois, United States
Heniff Transportation Systems is a transportation company that offers liquid chemical transport services. Heniff is a provider of bulk liquid truck, tank washing, ISO, and transloading services. Heniff Transportation Systems was founded in 1998 and is based in Oak Brook, Illinois.

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Buyer(S) 1

Buyer

Olympus Partners

Stamford, Connecticut, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 8.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Olympus Partners is a private equity group focused on investing in growth companies with strong management, and positions in their respective markets. The Firm will consider both venture capital and private equity investments and looks to commit $50 to $300 million per transaction. The Firm focuses its investment activities within the business services, healthcare, financial services, consumer, restaurant, software/IT services, and logistics/transportation industries. Olympus Partners was formed in 1988 and is based in Stamford Connecticut.

DEAL STATS #
Overall 45 of 53
Sector (Transportation) 2 of 2
Type (Recapitalization) 4 of 4
State (Illinois) 5 of 5
Country (United States) 44 of 51
Year (2019) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Soliant Health

Peachtree Corners, Georgia, United States

Soliant Health is a provider of healthcare staffing solutions. The company also provides travel nurses, allied health clinicians and clinical development specialists for the life sciences market. Soliant Health was founded in 1991 and is based in Peachtree Corners, Georgia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-04 IXS

Lebanon, Tennessee, United States

IXS is composed of two divisions, Ground Effects, and IXS Coatings. Ground Effects is the market leader for OEM spray-on pickup truck bedliners, and the division provides additional margin-enhancing vehicle upfit services. IXS Coatings includes LINE-X, a franchisor of 500+ branded service locations and the industry’s largest aftermarket retailer of spray-on bedliners, as well as industrial coating solutions with deep expertise in the formulation of polyurea coatings and high-speed robotic applications that enable bedliner production at OEM scale. IXS is based in Lebanon, Tennessee.

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Mergr

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