Investment Summary

Patriot Capital and Petra Capital Partners Invest In Shipley Associates

On September 6, 2022, private equity firms Patriot Capital and Petra Capital Partners invested in business services company Shipley Associates

Investment Highlights
  • This is Patriot Capital’s 10th and Petra Capital Partners’ 7th transaction in the Business Services sector.
  • This is Patriot Capital’s 100th and Petra Capital Partners’ 49th transaction in the United States.
  • This is Patriot Capital’s 2nd and Petra Capital Partners’ 3rd transaction in Utah.

Investment Summary

Date 2022-09-06
Target Shipley Associates
Sector Business Services
Investor(s) Patriot Capital
Petra Capital Partners
Deal Type Growth Capital

Target

Shipley Associates

Kaysville, Utah, United States
Shipley Associates provides organizations and individuals with business development consulting, and training services focused on winning business in highly complex and competitive environments. With an unrivaled worldwide network of consultants and industry thought-leaders, it supports major business development projects from strategy development, process improvement, web-based and classroom training, sales enablement, capture planning, proposal writing, and management of over 1,100 proposal efforts per year. Shipley Associates was founded in 1972 and is based in Kaysville, Utah.

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Investor(S) 2

Investor

Patriot Capital

Baltimore, Maryland, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Patriot Capital is a private investment firm that provides equity and junior capital to support acquisitions, growth capital financings, management buyouts, and recapitalizations of middle-market companies. The Firm looks to invest $5 to $25 million in businesses generating revenues of $10 to $200 million. Areas of interest include business and consumer services, consumer products, niche manufacturing and distribution, education, e-commerce, application software, transportation, and telecom services. Patriot focuses its investment activity with the Mid-Atlantic, Midwest, and Southern areas of the US. Patriot Capital is based in Baltimore, Maryland.


DEAL STATS #
Overall 100 of 108
Sector (Business Services) 10 of 11
Type (Growth Capital) 24 of 27
State (Utah) 2 of 2
Country (United States) 100 of 108
Year (2022) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-10 Metaltec Steel Abrasive

Canton, Michigan, United States

Metaltec Steel Abrasive is a producer of cast steel abrasive products, including steel shot and steel grit, along with several niche materials that are produced as a byproduct of the grit and shot manufacturing process. Metaltec Steel Abrasive was founded in 1981 and is based in Canton, Michigan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-22 Global Behavior Education Alliance

Saint Louis, Missouri, United States

Global Behavior Education Alliance is a provider of Applied Behavior Analysis (“ABA”) therapy services for children and adolescents diagnosed with Autism Spectrum Disorder (“ASD”) in the state of Tennessee. GBE currently operates five clinics across the state and serves clients across west and middle Tennessee. Global Behavior Education Alliance is based in Saint Louis, Missouri.

Buy -
Investor

Petra Capital Partners

Nashville, Tennessee, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 400M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Petra Capital Partners is a private investment firm that invests in US-based, high-growth businesses operating in the business services, healthcare services, media/publishing, telecom, IT, and information services sectors. Target companies are generally cash-flow positive with revenues in excess of $10 million and growth rates above 20%. Petra can commit up to $20 million per transaction. The Firm typically invests in subordinated debentures with warrants to purchase equity securities. Petra Capital Partners is licensed as a SBIC. The Firm was formed in 1996 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 49 of 54
Sector (Business Services) 7 of 8
Type (Growth Capital) 12 of 15
State (Utah) 3 of 3
Country (United States) 49 of 54
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Pragmatic Institute

Phoenix, Arizona, United States

Pragmatic Institute is an operator of a corporate training company focused on serving product management and marketing professionals. Pragmatic Institute’s product management framework and world-class instructors are recognized as best-in-class by leading technology companies throughout the world. Pragmatic Institute was founded in 1993 and is based in Phoenix, Arizona.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-07 Keystone Foam

Derry, Pennsylvania, United States

Keystone Foam is a fabricator of various foam products and applications that serve the medical, packaging, furniture, and other industries. Keystone Foam was founded in 1983 and is based in Derry, Pennsylvania.

Buy -