M&A Deal Summary |
|
|---|---|
| Date | 2022-02-16 |
| Target | Imagine Technology Group |
| Sector | Information Technology |
| Buyer(s) |
Parkway Capital
Candescent Partners Eagle Private Capital Midwest Mezzanine Funds Harvey & Company |
| Deal Type | Recapitalization |
SEARCH BY
| 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 | 19 of 30 |
| Sector: Information Technology M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 4 of 8 |
| State: Arizona M&A | 1 of 1 |
| Country: United States M&A | 18 of 29 |
| Year: 2022 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-22 |
Pacific West
Salt Lake City, Utah, United States Pacific West is an industrial and mechanical contracting firm that provides a wide range of services to clients including the construction of railroad locomotive fueling facilities, rail yard air brake networks, wastewater treatment facilities, above and below ground mechanical facilities and security fencing. Additional services include 24/7 emergency response assistance, environmental remediation work, trenchless pipe activity, vacuum truck resources and a variety of ongoing maintenance services. Pacific West was founded in 1988 and is based in Salt Lake City, Utah. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-15 |
GTA Containers
South Bend, Indiana, United States GTA is a manufacturer of flexible containers and secondary containment systems, tactical fuel and water systems, and vehicle covers, liners, and doors for military and commercial applications. GTA Containers was founded in 1988 and is based in South Bend, Indiana. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Agnostic |
Candescent Partners is an investor in buyouts and recapitalizations of lower middle-market companies. The Firm looks to invest $10 to $30 million in the form of preferred equity, mezzanine, or both to support growth, buyouts, shareholder liquidity needs, acquisitions, or to reduce debt. Target sectors include healthcare technology and services, consumer products/services, business services, and software. Candescent Partners is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 2 of 2 |
| State: Arizona M&A | 1 of 1 |
| Country: United States M&A | 8 of 8 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-01 |
ENT Partners
St. Louis Park, Minnesota, United States ENT Partners offers doctors to provide comprehensive ENT patient care and growing practices by decreasing administrative burdens and distracting operational tasks. ENT Partners is based in St. Louis Park, Minnesota. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Eagle Private Capital (EPC) makes private equity and mezzanine investments in middle-market companies. The Firm typically invests $4 to $15 million per investment. EPC looks to partner with management or other private equity investors to provide growth or change of control capital. EPC is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 87 of 87 |
| Sector: Information Technology M&A | 5 of 5 |
| Type: Recapitalization M&A Deals | 11 of 11 |
| State: Arizona M&A | 5 of 5 |
| Country: United States M&A | 87 of 87 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-10 |
Insource
Charlotte, North Carolina, United States Insource is a provider of on-premise contract labor services for light manufacturing, assembly, and distribution operations primarily in the southeastern region of the United States. Insource was founded in 1977 and is based in Charlotte, North Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-07 |
TopDown
North Hollywood, California, United States TopDown is a designer, manufacturer, and supplier of automotive aftermarket products. TopDown was founded in 1979 and is based in North Hollywood, California. |
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 | 80 of 81 |
| Sector: Information Technology M&A | 4 of 4 |
| Type: Recapitalization M&A Deals | 13 of 13 |
| State: Arizona M&A | 3 of 3 |
| Country: United States M&A | 80 of 81 |
| Year: 2022 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-26 |
P3 Services
Auburn, Washington, United States P3 Services is a provider of plumbing installation and maintenance and repair services to the multi-family, light commercial, and single-family end markets with operations in Austin, Charlotte, Dallas, Houston, San Antonio, and Seattle. P3 Services was founded in 1985 and is based in Auburn, Washington. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-18 |
Western States Reclamation
Frederick, Colorado, United States Western States Reclamation is a provider of environmental and specialty civil contracting services with a focus on projects involving the preservation and protection of water resources. Western States Reclamation was founded in 1983 and is based in Frederick, Colorado. |
Buy | - |
Harvey & Company is a principal investment and advisory group. The Firm works with companies and private equity firms on acquisition searches as well as makes investments of its own. Harvey & Company was established in 1998 and is headquartered in Newport Beach, California.
| DEAL STATS | # |
|---|---|
| Overall | 60 of 72 |
| Sector: Information Technology M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 19 of 24 |
| State: Arizona M&A | 3 of 3 |
| Country: United States M&A | 58 of 67 |
| Year: 2022 M&A | 2 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-15 |
Tensentric
Boulder, Colorado, United States Tensentric provides outsourced design, engineering, prototyping, and assembly services for medical technology, in-vitro diagnostic, and life sciences companies. The Company is a contract development partner, known for its differentiated team of engineers and experience working on the most cutting-edge development projects in the industry. Tensentric was founded in 2009 and is based in Boulder, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-01 |
A.P. Nonweiler
Oshkosh, Wisconsin, United States A.P. Nonweiler is a developer and manufacturer of specialty paints and coatings. A.P. Nonweiler was founded in 1929 and is based in Oshkosh, Wisconsin. |
Buy | - |
