M&A Deal Summary

Penta Acquires Ballast Research

On September 28, 2022, Penta acquired business services company Ballast Research from Falfurrias Capital Partners

Acquisition Highlights
  • This is Penta’s 1st transaction in the Business Services sector.
  • This is Penta’s 1st transaction in the United States.
  • This is Penta’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2022-09-28
Target Ballast Research
Sector Business Services
Buyer(s) Penta
Sellers(s) Falfurrias Capital Partners
Deal Type Merger

Target

Ballast Research

Washington, District of Columbia, United States
Ballast Research is a provider of federal and state advisory consulting services. Ballast Research is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Penta

Washington, District of Columbia, United States

Category Company
Sector Business Services
DESCRIPTION

Penta is a firm that brings together Hamilton Place Strategies, Flag Media Analytics, Ballast Research, alva, Decode_M, and Gotham Research Group. As executives in the C-Suite account for a growing set of engaged stakeholder, all with distinct, fast-changing demands. Penta will work with their teams to define, inform, and strengthen decision-making and understanding. Penta will combine analytics and research with deep issue and communications expertise to deliver actionable insights and drive measurable impact for our clients. Penta is based in Washington DC.


DEAL STATS #
Overall 1 of 3
Sector (Business Services) 1 of 3
Type (Merger) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 Hume Brophy

Dublin, Ireland

Hume Brophy is a global public affairs, communications, and strategy firm that provides cutting-edge consultancy, digital, and reputation management services to clients in the corporate, public, and non-profit sectors. Hume Brophy was formed in 2005 and is based in Dublin.

Buy -

Seller(S) 1

SELLER

Falfurrias Capital Partners

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Falfurrias Capital Partners is a private equity firm that invests in lower and middle-market companies located in the Eastern US. Falfurrias focuses on companies with experienced management teams, differentiated product features, diverse customers, revenues in excess of $10 million, and EBITDA of $5 million to $40 million. The Firm looks to invest at least $25 million per transaction. Specific areas of interest include financial services, consumer products, health care, building products, manufacturing, business services, education, training, infrastructure, and information services. The Firm will consider a variety of transaction types, including buyouts, growth capital financings, recapitalization, and corporate divestitures. Falfurrias Capital Partners was formed in 2006 and based in Charlotte, North Carolina.


DEAL STATS #
Overall 13 of 16
Sector (Business Services) 1 of 1
Type (Merger) 1 of 1
State (District of Columbia) 2 of 2
Country (United States) 13 of 16
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-28 Penta

Washington, District of Columbia, United States

Penta is a firm that brings together Hamilton Place Strategies, Flag Media Analytics, Ballast Research, alva, Decode_M, and Gotham Research Group. As executives in the C-Suite account for a growing set of engaged stakeholder, all with distinct, fast-changing demands. Penta will work with their teams to define, inform, and strengthen decision-making and understanding. Penta will combine analytics and research with deep issue and communications expertise to deliver actionable insights and drive measurable impact for our clients. Penta is based in Washington DC.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-17 SixAxis

Andrews, South Carolina, United States

SixAxis is a North American provider of highly engineered, compliance-driven safe access and productivity solutions across diverse end markets. The Company goes to market via three primary brands SafeRack, ErectAStep, and Upside Innovations, and offers a broad range of differentiated solutions, including OSHA- & MSHA-compliant gangways, bulk loading platform systems, pre-engineered stairs and hand-railing components, and ADA-compliant ramps, stairs, and platforms. SixAxis is based in Andrews, South Carolina.

Sell -