Investment Summary |
|
|---|---|
| Date | 2014-12-16 |
| Target | Thermacore |
| Sector | Manufacturing |
| Investor(s) |
Pine Street Capital Partners
Bay Capital Investment Partners |
| Sellers(s) |
Penn Venture Partners
NewSpring Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 425M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Pine Street Capital Partners provides mezzanine capital to small and medium-sized private and public companies. PSCP will consider investments from $3 to $15 million in companies generating at least $10 million of sales. Target sectors include manufacturing, business services, consumer products, healthcare and media. PSCP prefers investments in the Northeast and Mid-Atlantic regions of the US, but will consider opportunities nationwide. Investment funds are typically used to support strategic acquisitions, growth, management and employee buyouts, and leveraged recapitalization. PSCP will not invest in the real estate, biotech and oil & gas industries. Pine Street Capital Partners was formed in 2004 and is based in Albany, New York.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 49 |
| Sector: Manufacturing M&A | 2 of 7 |
| Type: Secondary Buyout M&A Deals | 3 of 6 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 22 of 49 |
| Year: 2014 M&A | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-09 |
Rite-Air
Bellmawr, New Jersey, United States Rite-Air is a full-service HVAC/R contractor that specializes in commercial air conditioning, heating, and refrigeration services. Rite-Air Mechanical provides energy-efficient services for the installation, maintenance, and repair of a wide range of heating, cooling, ventilation, and refrigeration systems. Rite-Air was founded in 2008 and is based in Bellmawr, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-22 |
SST Conveyor Components
Loveland, Ohio, United States SST Conveyor Components is a designer and manufacturer of specialized conveyor components serving the material handling, distribution, and conveyor systems integration markets. SST Conveyor produces high-quality straight, tapered, grooved, and custom rollers, bearing assemblies, and pulleys tailored to meet the unique requirements of each customer. SST Conveyor Components was founded in 1957 and is based in Loveland, Ohio. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2007 |
| Size | Small |
| Type | Sector Agnostic |
Bay Capital Investment Partners is a private investment group that provides senior debt, subordinated debt, mezzanine capital and equity capital to facilitate acquisitions, management buyouts and recapitalizations and to provide growth capital. The Firm is sector agnostic however generally prefers companies in the Eastern US. Bay Capital Investment Partners was established in 2007 and is headquartered in Providence, Rhode Island.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 7 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 5 of 7 |
| Year: 2014 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-09 |
Rite-Air
Bellmawr, New Jersey, United States Rite-Air is a full-service HVAC/R contractor that specializes in commercial air conditioning, heating, and refrigeration services. Rite-Air Mechanical provides energy-efficient services for the installation, maintenance, and repair of a wide range of heating, cooling, ventilation, and refrigeration systems. Rite-Air was founded in 2008 and is based in Bellmawr, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-20 |
Certica Solutions
Wakefield, Massachusetts, United States Certica Solutions, Inc. provides an education technology platform, content and data solutions that enable K-12 educators and administrators to improve instructional and organizational performance. Certica partners with a diverse network of education technology companies, publishers and assessment providers; and delivers solutions directly to over 500 school districts, charter schools and educational service agencies. Certica Solutions was founded in 2000 and is based in Wakefield, Massachusetts. |
Buy | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 2003 |
| Size | Small |
| Type | Sector Agnostic |
Penn Venture Partners is a private investment firm that seeks growth capital investments in small companies located in central Pennsylvania. Penn looks to invest between $500,000 and $2 million in established companies that are at or near profitability and that have a net worth no greater than $6 million. The Firm's investment horizon is two to five years. Penn Venture will consider investments in a broad range of industries ranging from manufacturing to technology. Penn Venture Partners is based in Harrisburg, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 3 of 3 |
| Country: United States M&A | 3 of 3 |
| Year: 2014 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-08-29 |
eTravCo
State College, Pennsylvania, United States eTravCo, Inc. is an e-commerce company that links travel suppliers to consumers using the power of the internet and one of the largest consortia of travel agencies in North America. eTravCo was founded in 2001 and is based in State College, Pennsylvania. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 92 |
| Sector: Manufacturing M&A | 2 of 7 |
| Type: Secondary Buyout M&A Deals | 4 of 21 |
| State: Pennsylvania M&A | 13 of 25 |
| Country: United States M&A | 24 of 91 |
| Year: 2014 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-04 |
SpeedConnect
Frankenmuth, Michigan, United States SpeedConnect, Inc. is a privately-held Broadband Wireless Access (BWA) provider. Today, SpeedConnect is one of the nation’s largest rural wireless broadband Internet providers which serves over 20,000 residential and commercial wireless broadband Internet customers in Arizona, Idaho, Illinois, Iowa, Michigan, Montana, Nebraska, South Dakota, and Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-17 |
Star2Star
Sarasota, Florida, United States Star2Star is a privately-held provider of full-spectrum, internally developed, cloud-native communications services delivered via a high availability, multi-tenant platform. Star2Star targets the value market segments in business communications, including mid-market and enterprise size customers, through solutions that enable digital transformation. Star2Star’s offerings include a comprehensive suite of voice, contact center, collaboration, integration, video meetings, Communications Platform as a Service (CPaaS), and Desktop as Service solutions that work on any device from PC’s to desk phones to mobile softphones, all accessible from anywhere. Star2Star was founded in 2006 and is based in Sarasota, Florida. |
Buy | - |
