M&A Deal Summary |
|
|---|---|
| Date | 2016-05-31 |
| Target | Performance Health and Wellness |
| Sector | Consumer Products |
| Buyer(s) | Performance Health |
| Sellers(s) |
Gridiron Capital
Triangle Capital Martis Capital Managment Maranon Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Credit Suisse Investment Banking (Financial) Ropes & Gray (Legal) |
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| Category | Company |
|---|---|
| Founded | 1918 |
| Sector | Distribution |
| Revenue | 464M USD (2015) |
Performance Health is a multichannel branded supplier to the global rehabilitation, recovery and sports medicine markets. Its proprietary product portfolio consists of market leading health and wellness brands, including Biofreeze, TheraBand, Hygenic and Cramer. Performance Health was founded in 1918 and is based in Warrenville, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-19 |
Patterson Medical - Days Products
Warrenville, Illinois, United States Patterson Medical - Days Products include care home beds, community beds, mobility scooters, electric riser recliner chairs, hoists, powered and configured wheelchairs. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-06 |
Sissel France
Couëron, France Sissel France is a distributor of physiotherapy equipment to medical shops in France. Sissel France was formed in 1991n and is based in Couëron. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 764M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Gridiron Capital is a private equity firm focused on acquiring mid-sized North American manufacturing, service and specialty consumer companies. Gridiron looks to commit companies with EBITDA up to $60 million. The Firm prefers controlling interests when considering transactions. Situations of interest include companies operating in sectors undergoing change, closely held companies owned by founding family or management for ownership transition, and corporate divestitures of orphaned or non-strategic business units. Gridiron Capital was formed in 2004 and is based in New Canaan, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 19 |
| Sector (Consumer Products) | 3 of 5 |
| Type (Add-on Acquisition) | 2 of 6 |
| State (Ohio) | 1 of 2 |
| Country (United States) | 8 of 19 |
| Year (2016) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-01 |
Travel Nurse across America
North Little Rock, Arizona, United States Travel Nurse Across America is a provider of travel nurse staffing services in the United States. Travel Nurse Across America serves some of the largest hospital and healthcare systems in the United States through direct customer relationships, managed services providers, and vendor management systems. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-01 |
Leaf Home Solutions
Hudson, Ohio, United States Leaf Home Solutions is a provider of branded home solutions. Leaf Home Solutions products enhance the safety, enjoyment, and comfort of homeowners and their families and protect the condition and enhance the appearance and value of their homes. Leaf Home Solutions is based in Hudson, Ohio. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| Size | Middle-Market |
| Type | Sector Agnostic |
| DEAL STATS | # |
|---|---|
| Overall | 35 of 71 |
| Sector (Consumer Products) | 5 of 6 |
| Type (Add-on Acquisition) | 18 of 33 |
| State (Ohio) | 2 of 5 |
| Country (United States) | 35 of 70 |
| Year (2016) | 8 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-03 |
ReNew Life Formulas
Palm Harbor, Florida, United States ReNew Life Formulas, Inc. is a natural digestive care company. ReNew Life a major brand in dietary health, with an emphasis on digestive health. Renew Life is the No. 1 brand of probiotics in the natural channel,1 with a steadily growing share in the food, drug, and mass channel. |
Sell | $290M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-11 |
On Event Services
Norcross, Georgia, United States On Event Services LLC is specializes in corporate events and exhibitions, supporting more than 1,000 live events annually with production services, including audio, video, lighting, mapping and scenic design. |
Sell | - |
Martis Capital Management is a private equity firm focused exclusively on the North American middle-market healthcare industry. The Firm seeks founder-led companies in the services and outsourcing, information technology, consumer and wellness, and products and diagnostic sub-sectors. Martis considers buyout and growth equity opportunities with typical transactions between $25 and $100 million. Martis Capital Management is headquartered in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 10 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 5 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 2 of 10 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-22 |
Altruista Health
Reston, Virginia, United States Altruista Health, Inc. is a provider of care management technology solutions that address the complex care and support needs of Medicaid, long-term care and other special needs populations. Altruista Health was founded in 2007 and is based in Reston, Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-01 |
Healthy Living Network
Folsom, California, United States Healthy Living Network is an independently owned and operated premier providers of Home Health Services in California, Oregon, Arizona, and Nevada. Healthy Living Network's mission is to provide exceptional clinical care and services to the aging population, in their home, with the intent of not just getting them well, but assisting them to a healthier state of being. Healthy Living Network was founded in 2008 and is based in Folsom, California. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Maranon Capital LP is an investment firm that provides senior financing, mezzanine debt and equity co-investments for private equity backed and non sponsored middle market companies. Maranon seeks investments in financially healthy businesses with stable cash flows, diverse customers, and strong management. Prospective companies are valued between $30 and $150 million and generate $5 to $30 million of EBITDA. Maranon looks to invest $2 to $10 million for equity co-investments, $5 to $30 million for junior capital needs, and $10 to $50 million for senior debt requirements. Areas of interest include business services, healthcare services, distribution, manufacturing and consumer products/services. Funds typically support acquisitions, recapitalizations, refinancings, consolidations, ESOPs and growth capital needs. Maranon Capital LP was formed in 2007 and is based in Chicago. The Firm has additional offices in Birmingham, Michigan and South Bend, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 21 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 4 |
| State (Ohio) | 1 of 2 |
| Country (United States) | 8 of 21 |
| Year (2016) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-15 |
Neptune Benson
Coventry, Rhode Island, United States Neptune Benson, Inc. is a manufacturer of high quality water filtration and disinfection products for the recreational, industrial and municipal water markets. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-08 |
Wedgewood Pharmacy
Swedesboro, New Jersey, United States Wedgewood Pharmacy is a pharmacy specializing in animal health, addiction medicine, and urology. Wedgewood has a broad and diverse portfolio of offerings, leading to low customer and stock concentration; holds strategic partnerships with veterinary corporate groups; and offers a defined value proposition to veterinary clinics and pet owners. Wedgewood Pharmacy was founded in 1980 and is based in Swedesboro, New Jersey. |
Buy | - |
