M&A Deal Summary

Peninsula Capital Partners and Wincove Private Holdings Acquire Hygrade Components

On May 27, 2016, mezzanine finance firm Peninsula Capital Partners and private equity firm Wincove Private Holdings acquired building materials company Hygrade Components

Acquisition Highlights
  • This is Peninsula Capital Partners’ 1st and Wincove Private Holdings’ 1st transaction in the Building Materials sector.
  • This is Peninsula Capital Partners’ 97th and Wincove Private Holdings’ 8th transaction in the United States.
  • This is Peninsula Capital Partners’ 7th and Wincove Private Holdings’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2016-05-27
Target Hygrade Components
Sector Building Materials
Buyer(s) Peninsula Capital Partners
Wincove Private Holdings
Deal Type Buyout (LBO, MBO, MBI)

Target

Hygrade Components

Bethlehem, Pennsylvania, United States
Hygrade Components is a provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers, and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. Hygrade Components was founded in 1939 and is based in Bethlehem, Pennsylvania.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

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 102 of 128
Sector (Building Materials) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 53 of 65
State (Pennsylvania) 7 of 7
Country (United States) 97 of 121
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-17 MMGY Global

Kansas, Missouri, United States

MMGY Global is a marketing agency specializing in the travel, entertainment and hospitality industry. MMGY Global maintains a global communications practice in all marketing channels, serving many of travel and tourism brands. MMGY Global was founded in 1981 and is based in Kansas, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-25 Crimson Trace

Wilsonville, Oregon, United States

Crimson Trace Corp. is a designer and manufacturer of laser sights for firearms, and also offers grip-integrated laser sights for guns.

Sell $95M
Buyer

Wincove Private Holdings

New York, New York, United States

Investor Investor

Category Private Equity Firm
Founded 2008
Size Small
Type Sector Agnostic
DESCRIPTION

Wincove Private Holdings is an independent private equity firm that invests in smaller, profitable companies in partnership with management. Wincove looks to support family and/or seller succession transactions, recapitalizations, management buyouts, consolidations, and corporate divestitures. Wincove is a generalist firm, and will consider opportunities in a variety of industries. The Firm targets companies located in the US and Canada. Prospective companies typically have less then $50 million in revenue. Wincove Private Holdings was formed in 2008 and is based in New York City.

DEAL STATS #
Overall 8 of 18
Sector (Building Materials) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 4 of 5
State (Pennsylvania) 1 of 2
Country (United States) 8 of 18
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 Integrated Warehouse Solutions

Fort Worth, Texas, United States

Integrated Warehouse Solutions is a manufacturer of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks, and carts, are sold under the leading Bluff, Wesco, and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio, and Ontario (Canada).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 TowerNorth

W Bridgewater, Massachusetts, United States

TowerNorth is a developer, owner and operator of mission critical wireless infrastructure in the US, Latin America and Europe. TowerNorth has built a team with deep industry experience that are experts in deploying each generation of communications networks. TowerNorth was founded in 2012 and is based in W Bridgewater, Massachusetts.

Buy -
Mergr

Product

Company

Legal