M&A Deal Summary |
|
|---|---|
| Date | 2007-01-01 |
| Target | Fab-Tech |
| Sector | Manufacturing |
| Buyer(s) |
Parkway Capital
Midwest Mezzanine Funds Taglich Private Equity Argosy Private Equity |
| Deal Type | Buyout (LBO, MBO, MBI) |
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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 | 5 of 30 |
| Sector: Manufacturing M&A | 1 of 5 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 5 of 12 |
| State: Vermont M&A | 1 of 2 |
| Country: United States M&A | 4 of 29 |
| Year: 2007 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-03-01 |
Thompson Industrial Services
Sumter, South Carolina, United States Thompson Industrial Services is a provider of comprehensive industrial cleaning services to a wide array of industrial market segments including pulp and paper, utilities, petrochemical and refining, steel, nuclear, rubber and tire, food processing, chemical, automotive, paint, and resin. Thompson was formed in 1986 and is based in Sumter, South Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-07 |
Icon Identity Solutions
Elk Grove Village, Illinois, United States Icon Identity Solutions, Inc. is a manufacturer of custom corporate branding and identity solutions encompassing all facets of exterior signage, repair and maintenance and renovation services for blue-chip customers across multiple end markets. Icon’s three manufacturing facilities and extensive network of installation and maintenance technicians allows the company to serve large, nationwide customers in a timely and consistent fashion. Icon’s products and services are provided across three business segments: branding services & products (manufacturing and installation of both exterior and select interior signage), repair & maintenance (preventative maintenance, on-call repair, lighting retrofits and related services for exterior signage and lighting) and remodel & renovation services (in-store renovation/remodel of a customer’s store locations, providing project management and oversight of specialized sub-contractors). |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Midwest Mezzanine Funds (MMF) is a provider of junior capital to lower middle-market, US and Canadian companies. MMF looks to invest $4 to $15 million to support buyouts, acquisition financings, recapitalizations, and growth capital needs. Prospective companies generally have consistent profits ($3 million of EBITDA), low capital intensity, and sustainable competitive advantages. Broad areas of interest include manufacturing, value-added distribution, and services. MMF will not invest in high technology, energy, or real estate. Midwest Mezzanine was formed in 1992 and has offices in Chicago and Monroe, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 81 |
| Sector: Manufacturing M&A | 2 of 5 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 9 of 32 |
| State: Vermont M&A | 1 of 1 |
| Country: United States M&A | 18 of 81 |
| Year: 2007 M&A | 2 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-01 |
B&M Racing & Performance Products
Chatsworth, California, United States B&M Racing & Performance Products, Inc. is a designer, manufacturer and marketer of performance and racing drivetrain products and accessories. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-08 |
CoolSys
Brea, California, United States CoolSys is a refrigeration and HVAC services company, specializing in a full spectrum of best-in-class service experiences and solutions for customers in the retail, food service, commercial and industrial market segments. CoolSys was founded in 2001 and is based in Brea, California. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| Size | Small |
| Type | Sector Agnostic |
Taglich Private Equity is a private equity firm focused on investing in US-based, lower middle market manufacturing, business service, and consumer product companies. The Firm prefers businesses with strong growth prospects and leading market positions. Taglich looks to invest $3 to $20 million and will consider funding a variety of investment situations - including management buyouts, recapitalizations, secondary buyouts, ownership transitions, divestitures, and growth capital financings. Taglich Private Equity was formed in 2001 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 27 |
| Sector: Manufacturing M&A | 2 of 3 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 6 of 22 |
| State: Vermont M&A | 1 of 2 |
| Country: United States M&A | 7 of 27 |
| Year: 2007 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-01 |
Defiance Metal Products
Defiance, Ohio, United States Defiance Metal Products, Inc. is a full-service, precision manufacturer of low- to medium-volume, complex, engineered components and assemblies for the commercial vehicle market. Defiance serves original equipment manufacturers in the medium to heavy duty commercial truck, bus, military vehicle and commercial construction equipment markets. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-01 |
BGSF
Plano, Texas, United States BGSF provides staffing services to a variety of industries through its various divisions. BG Staffing is primarily a professional temporary staffing platform that has integrated several regional and national brands. BGSF was founded in 2007 and is based in Plano, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1990 |
| PE ASSETS | 575M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Argosy Private Equity is the private equity arm of Argosy Capital, an asset management firm. Argosy Private Equity provides both debt and equity capital to lower middle-market companies located throughout the US. Argosy focuses on growth companies with experienced management teams and revenues between $15 and $100 million and EBITDA of $3 to $9 million. Argosy looks to invest $5 - $20 million per transaction. Specific areas of interest include manufacturing, business services, franchising and Value added distributions. The Firm will consider a variety of transaction types, including MBO’s, recapitalizations, growth equity and acquisitions. Argosy was formed in 1990 and is based in Wayne, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 88 |
| Sector: Manufacturing M&A | 5 of 13 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 14 of 52 |
| State: Vermont M&A | 1 of 1 |
| Country: United States M&A | 19 of 88 |
| Year: 2007 M&A | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-01 |
Groeb Farms
Onsted, Michigan, United States Groeb Farms, Inc. is a domestic processor and packager of honey for the industrial food ingredient and foodservice markets. Groeb Farms is based in Onsted, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-28 |
Engage2Excel
Mooresville, North Carolina, United States Engage2Excel is a provider of employee engagement and recognition programs. Engage2Excel helps clients measure, manage, and improve performance with the industry's only ROI-based employee recognition solution. Engage2Excel was founded in 1892 and is based in Mooresville, North Carolina. |
Buy | - |
