M&A Deal Summary |
|
|---|---|
| Date | 2024-02-20 |
| Target | Comprehensive Prosthetics and Orthotics |
| Sector | Medical Products |
| Buyer(s) |
Parkway Capital
Northcreek Mezzanine |
| Deal Type | Recapitalization |
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| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Parkway Capital is the mezzanine finance unit of Calvert Street Partners. Parkway's investments typically take the form of subordinated debt, which can be combined with a junior secured loan or preferred stock. If an opportunity calls for common equity, Parkway can also co-invest with other shareholders. Parkway looks to commit $3 to $12 million of capital per transaction in companies with at least $10 million in revenue and EBITDA in excess of $2 million. Funds are generally used to support business expansions, corporate acquisitions, leverage buyouts, recapitalization, ownership transfers, and 'wealth diversification'. Parkway Capital was formed in 2000 and became a unit of Calvert Street in 2019.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 30 |
| Sector: Medical Products M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 8 of 8 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 26 of 29 |
| Year: 2024 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-16 |
Merrill Industries
Ellington, Connecticut, United States Merrill Industries is a manufacturer and sells high-quality corrugated and solid fiber packaging products, and resells packing filler materials such as foam and plastic inserts. Merrill Industries was founded in 1973 and is based in Ellington, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-21 |
Malco
Tulsa, Oklahoma, United States Malco manufactures and distributes hardware anchors specially designed to secure refractory linings for industrial furnaces, kilns, reactors, boilers, and other high-temperature environments found in petrochemical plants, cement and steel manufacturing, and power generation facilities. The Company also fabricates structural metal assemblies such as flare systems, pressure vessels, storage tanks, and processing equipment. Malco was founded in 1982 and is based in Tulsa, Oklahoma. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 250M USD |
| Size | Small |
| Type | Sector Agnostic |
| DEAL STATS | # |
|---|---|
| Overall | 28 of 28 |
| Sector: Medical Products M&A | 3 of 3 |
| Type: Recapitalization M&A Deals | 6 of 6 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 28 of 28 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-03 |
PFI Instore
Hazelwood, Missouri, United States PFI Instore is a merchandising solution provider to retailers and consumer-branded product companies. PFI's products and solutions can be found in most major convenience, grocery, specialty, and department stores in the United States. PFI Instore was founded in 1956 and is based in Hazelwood, Missouri. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-30 |
Pat Tank
Port Arthur, Texas, United States Pat Tank specializes in the design, fabrication, erection and repair of above-ground steel-welded storage tanks and related steel structures for the petroleum, natural gas, agriculture, power generation and chemical industries. Pat Tank was founded in 1945 and is based in Port Arthur, Texas. |
Sell | - |