Investment Summary

Periscope Equity, Kian Capital Partners and Tecum Capital Invest In Sentrics

On August 31, 2016, private equity firms Periscope Equity, Kian Capital Partners and Tecum Capital invested in information technology company Sentrics

Investment Highlights
  • This is Periscope Equity’s 1st, Kian Capital Partners’ 1st and Tecum Capital’s 2nd transaction in the Information Technology sector.
  • This is Periscope Equity’s 3rd, Kian Capital Partners’ 11th and Tecum Capital’s 37th transaction in the United States.
  • This is Periscope Equity’s 1st, Kian Capital Partners’ 2nd and Tecum Capital’s 1st transaction in Florida.

Investment Summary

Date 2016-08-31
Target Sentrics
Sector Information Technology
Investor(s) Periscope Equity
Kian Capital Partners
Tecum Capital
Deal Type Growth Capital

Target

Sentrics

Ormond Beach, Florida, United States
Sentrics is a data-driven technology company focused on improving outcomes and experiences in the senior living industry. Sentrics provides the total well-being of each resident through actionable physical, medical, social, and mental data. Sentrics is based in Ormond Beach, Florida.

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Investor(S) 3

DESCRIPTION

Periscope Equity is a private equity firm focused on acquiring lower middle-market tech-enabled business services companies. Periscope pursues companies valued up to $40 million with $10 to $100 million in revenue. Specific areas of interest include healthcare services, marketing services, business process outsourcing, SaaS, and security services. Periscope Equity was formed in 2012 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 16
Sector: Information Technology M&A 1 of 4
Type: Growth Capital M&A Deals 2 of 8
State: Florida M&A 1 of 1
Country: United States M&A 3 of 16
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Strategic Pharma Solutions

Raleigh, North Carolina, United States

Strategic Pharma Solutions is a healthcare communications agency focused on bringing clients tailor-made, strategic solutions for their marketing and communications needs. Specializing in digital, strategy, scientific and creative, SPS boasts a scaled agency model that eliminates high overhead costs for our customers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-26 Convergent Integrated Systems

Norman, Oklahoma, United States

Convergent Integrated Systems Corp. is a provider of life safety monitoring, notification and emergency call solutions for the assisted living facility sector. CISCOR’s life safety solutions coupled with its operational management capabilities delivers an integrated monitoring, communications, and management system. The Company’s broad suite of services and products includes a patented alarm acknowledgement capability, which enforces individual accountability, minimizes risk of liability, and improves overall operations for facility owners.

Buy -
Investor
DESCRIPTION

Kian Capital Partners is a private equity firm focused on providing equity and junior capital to support growth, buyouts, shareholder liquidity needs, recapitalizations, divestitures, and refinancings of profitable lower middle-market companies with up to $150 million in revenue. Kian will consider opportunities throughout the US and seeks businesses operating in the business services, distribution, healthcare services, and niche manufacturing sectors. Kian Capital Partners was formed in 2011 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 11 of 30
Sector: Information Technology M&A 1 of 3
Type: Growth Capital M&A Deals 4 of 7
State: Florida M&A 2 of 3
Country: United States M&A 11 of 30
Year: 2016 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 Jones Natural Chews

Rockford, Illinois, United States

Jones Natural Chews is a manufacturer of premium, all-natural dog treats and chews sold through pet, farm, hardware, and other retail stores nationally, including Tractor Supply, Blain’s Farm and Fleet, PetSmart, and others. Jones Natural Chews was founded in 1970 and is based in Rockford, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-26 Convergent Integrated Systems

Norman, Oklahoma, United States

Convergent Integrated Systems Corp. is a provider of life safety monitoring, notification and emergency call solutions for the assisted living facility sector. CISCOR’s life safety solutions coupled with its operational management capabilities delivers an integrated monitoring, communications, and management system. The Company’s broad suite of services and products includes a patented alarm acknowledgement capability, which enforces individual accountability, minimizes risk of liability, and improves overall operations for facility owners.

Buy -
Investor

Tecum Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Tecum Capital is a private equity firm focused on lower middle-market companies across the Eastern-US. Tecum will consider a variety of investment situations including leveraged buyouts, management buyouts, successions, strategic acquisitions, growth capital financings, and recapitalizations. Investment sizes range from $5 - $20 million. Industries of interest include manufacturing, plastics, specialty distribution, technology, healthcare services, defense, food, and business/consumer services. Tecum will not consider investments in start-ups or real estate. Tecum Capital was formed in 2005 and is based in Wexford, Pennsylvania.


DEAL STATS #
Overall 37 of 83
Sector: Information Technology M&A 2 of 6
Type: Growth Capital M&A Deals 8 of 28
State: Florida M&A 1 of 1
Country: United States M&A 37 of 83
Year: 2016 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-05 DBi Services

Hazleton, Pennsylvania, United States

DBi Services provides infrastructure maintenance, operations and management solutions in North America and Europe for government agencies, utilities, private industries, railways, retailers and other infrastructure owners. DBi Services was founded in 1978 and is based in Hazleton, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-26 Convergent Integrated Systems

Norman, Oklahoma, United States

Convergent Integrated Systems Corp. is a provider of life safety monitoring, notification and emergency call solutions for the assisted living facility sector. CISCOR’s life safety solutions coupled with its operational management capabilities delivers an integrated monitoring, communications, and management system. The Company’s broad suite of services and products includes a patented alarm acknowledgement capability, which enforces individual accountability, minimizes risk of liability, and improves overall operations for facility owners.

Buy -