M&A Deal Summary |
|
|---|---|
| Date | 2015-09-01 |
| Target | Arrowhead Engineered Products |
| Sector | Distribution |
| Buyer(s) |
Riverside
Antares Capital Investcorp Penfund |
| Sellers(s) | Pfingsten Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | BB&T Capital Markets (Financial) Paul Hastings (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 201 of 295 |
| Sector: Distribution M&A | 4 of 7 |
| Type: Secondary Buyout M&A Deals | 29 of 49 |
| State: Minnesota M&A | 4 of 5 |
| Country: United States M&A | 143 of 203 |
| Year: 2015 M&A | 12 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-13 |
Soothe
Los Angeles, California, United States Soothe connects independent massage therapists looking for incremental lead flow to consumers seeking a safe and easy means to book an in-home massage with a licensed massage therapist. Consumers can book massages through a smartphone app or through a website. Soothe’s service addresses consumers growing demand for high quality on-demand services, as consumers receive a five-star, high-quality massage therapist at their door in as little as 90 minutes. Soothe was founded in 2013 and is based in Los Angeles, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-02 |
Database Marketing Agency
Beaverton, Oregon, United States DMA acts as a strategic partner for its customers, delivering a suite of offerings that allows financial services providers to access and understand data from across their organizations, gaining visibility into the profitability of each branch, product and customer. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Small |
| Type | Sector Agnostic |
Antares Capital is a private investment group that targets growth capital financings as well as management buyout opportunities. The Firm focuses on investments based in the Southeast US and Texas. Prospective companies generally have proven business models, modest capital requirements for growth, and operate in large and growing markets. The Firm looks to commit $500k to $5 million per investment. Antares will not invest in real estate, mineral exploration, distributors, franchisees, or project financings. Antares was founded in 1993 and is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 55 |
| Sector: Distribution M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 13 of 30 |
| State: Minnesota M&A | 3 of 3 |
| Country: United States M&A | 22 of 54 |
| Year: 2015 M&A | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-05 |
iPipeline
Exton, Pennsylvania, United States iPipeline is a provider of cloud-based software solutions for the life insurance and financial services industries. Through its SSG Digital, end-to-end platform, iPipeline accelerates and simplifies sales, compliance, operations, and support. iPipeline provides process automation and seamless integration between every participant in its ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and consumers on a global basis. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-22 |
Argotec
Greenfield, Massachusetts, United States Argotec LLC is a manufacturer of thermoplastic polyurethane films used in a wide range of industries and market segments, including automotive paint protection, glass lamination, medical, graphics, textiles, and other industrial applications. |
Sell | $280M |
| Category | Asset Manager |
|---|---|
| Founded | 1982 |
| PE ASSETS | 53.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.
| DEAL STATS | # |
|---|---|
| Overall | 118 of 189 |
| Sector: Distribution M&A | 7 of 11 |
| Type: Secondary Buyout M&A Deals | 41 of 60 |
| State: Minnesota M&A | 3 of 3 |
| Country: United States M&A | 62 of 82 |
| Year: 2015 M&A | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-14 |
NDT Corrosion
Dammam, Saudi Arabia NDT Corrosion provides non-destructive testing (“NDT”) services for a range of industrial sectors including oil and gas, petrochemicals, mining, nuclear and utilities. NDT Corrosion was founded in 1975 and is based in Dammam, Saudi Arabia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-29 |
Autodistribution
Arcueil, France Autodistribution is a distributor of car and heavy goods vehicle parts. Autodistribution was founded in 1962 and is based in Arcueil, France. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1979 |
| PE ASSETS | 2.7B CAD |
| Size | Large |
| Type | Sector Agnostic |
Penfund is a private investment firm that provides equity, junior capital, and alternative financing to Canadian-based middle-market companies with EBITDA of at least C$20 million. Penfund can commit up to C$225 million per transaction. Penfund does not have any industry preferences and its investments are generally used to support growth needs, recapitalization, shareholder liquidity, acquisitions, and buyouts. Penfund was formed in 1979 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 28 |
| Sector: Distribution M&A | 5 of 7 |
| Type: Secondary Buyout M&A Deals | 7 of 12 |
| State: Minnesota M&A | 1 of 2 |
| Country: United States M&A | 9 of 14 |
| Year: 2015 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-13 |
Pet Supermarket
Sunrise, Florida, United States Pet Supermarket is a specialty retailer of pet food and pet-related supplies. Pet Supermarket operates 155 stores offering customers a broad assortment of premium and holistic pet food and supplies with friendly and knowledgeable service. Pet Supermarket was founded in 1973 and is based in Sunrise, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-09 |
IntouchCX
Winnipeg, Manitoba, Canada IntouchCX is a multi-channel contact center outsourcing company with over 4,000 seats across nine customized facilities in North America and Guatemala. The Company offers a comprehensive suite of inbound contact solutions and is widely considered a leader in e-mail, chat, and social media services. IntouchCX is based in Winnipeg, Manitoba. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.8B USD |
| Size | Large |
| Type | Sector Agnostic |
Pfingsten Partners is a private equity firm focused on investments in niche manufacturing, distribution, and business services companies. The Firm targets platform companies headquartered in the US although add-on acquisitions can be located outside the US. Prospective companies typically have revenues of $20 to $150 million and EBITDA of $3 to $12 million. Transaction types include private companies undergoing an ownership transition, corporate divestitures, strategic add-ons, and turnarounds. Pfingsten only invests in situations allowing for control. Pfingsten will not invest in real estate, natural resources, highly regulated businesses, retail, restaurants, early-stage companies, or technology. Pfingsten Partners was formed in 1989 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 41 |
| Sector: Distribution M&A | 5 of 6 |
| Type: Secondary Buyout M&A Deals | 7 of 18 |
| State: Minnesota M&A | 3 of 3 |
| Country: United States M&A | 22 of 41 |
| Year: 2015 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-14 |
Trexon
Macedonia, Ohio, United States Trexon is a designer and specialty distributor of high performance, ruggedized wire, cable, connectors, and assembled products. TPC's highly engineered products transmit power and signal in critical applications such as robotic manufacturing systems and temporary power for auto plants, mines, factories, and other harsh industrial environments. Trexon was founded in 1979 and is based in Macedonia, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-07 |
Crane 1
West Chester, Ohio, United States Crane 1 is a provider of overhead crane services and equipment that maximize safety, diminish liability, reduce maintenance costs, and increase overall productivity. Crane 1 offers a full suite of services, including inspections, maintenance, repair, design, and installation of overhead crane systems and below-the-hook lifting devices. Crane 1 was founded in 2007 and is based in West Chester, Ohio. |
Buy | - |
