M&A Deal Summary

Peninsula Capital Partners Acquires CIDS

On December 1, 2020, mezzanine finance firm Peninsula Capital Partners acquired environmental company CIDS

Acquisition Highlights
  • This is Peninsula Capital Partners’ 2nd transaction in the Environmental sector.
  • This is Peninsula Capital Partners’ 114th transaction in the United States.
  • This is Peninsula Capital Partners’ 4th transaction in South Carolina.

M&A Deal Summary
Date 2020-12-01
Target CIDS
Sector Environmental
Buyer(s) Peninsula Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

CIDS

Lugoff, South Carolina, United States
CIDS provides remediation services for environmentally-sensitive materials, especially asbestos to institutional and commercial markets. The Company also provides complementary services such as interior demolition, roll-off containers and material recycling services. CIDS is based in Lugoff, South Carolina.

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Buyer(S) 1

Buyer

Peninsula Capital Partners

Southfield, Michigan, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1995
PE ASSETS 1.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Peninsula Capital Partners is an investment group focused on providing a range of financing solutions to middle-market companies. The Firm is willing to be a minority or control investor and invests across the capital structure. This includes subordinated debt, preferred or common stock. For mezzanine commitments, Peninsula looks to invest $5 to $40 million. For equity transactions, Peninsula looks to invest $2 to $20 million. Peninsula is a generalist investor. Target sectors include manufacturing, industrial service, distribution, consumer products, professional services, retail, applied technology, transportation, food processing and packaging. Peninsula Capital Partners was formed in 1995 and is based in Detroit, Michigan.

DEAL STATS #
Overall 120 of 128
Sector (Environmental) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 62 of 65
State (South Carolina) 4 of 4
Country (United States) 114 of 121
Year (2020) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Centaris

Sterling Heights, Michigan, United States

Centaris is a provider of information technology and telephony services, primarily to small- and medium-sized enterprises. The Company was formed via the simultaneous acquisition and merger of two successful businesses. Centaris is based in Sterling Heights, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-04 Edge One

Stoughton, Wisconsin, United States

Edge One provides both first-line and second-line maintenance to its vast network, including hardware & software services, transaction processing, compliance management, as well as secure cash replenishment and transport. Edge One was founded in 1995 and is based in Stoughton, Wisconsin.

Buy -
Mergr

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