M&A Deal Summary |
|
|---|---|
| Date | 2023-04-26 |
| Target | American Vascular Associates |
| Sector | Healthcare Services |
| Buyer(s) |
Petra Capital Partners
Canopy Capital Partners Resolute Capital Partners |
| Deal Type | Recapitalization |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Petra Capital Partners is a private investment firm that invests in US-based, high-growth businesses operating in the business services, healthcare services, media/publishing, telecom, IT, and information services sectors. Target companies are generally cash-flow positive with revenues in excess of $10 million and growth rates above 20%. Petra can commit up to $20 million per transaction. The Firm typically invests in subordinated debentures with warrants to purchase equity securities. Petra Capital Partners is licensed as a SBIC. The Firm was formed in 1996 and is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 55 |
| Sector: Healthcare Services M&A | 16 of 16 |
| Type: Recapitalization M&A Deals | 3 of 3 |
| State: Florida M&A | 4 of 4 |
| Country: United States M&A | 53 of 55 |
| Year: 2023 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-02 |
Turnwell Mental Health Network
Dallas, Texas, United States Turnwell Mental Health Network is a clinician-led, integrated mental health group with a mission to expand access to high quality care in underserved markets. Turnwell Mental Health Network was founded in 2022 and is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-16 |
DataPath
Duluth, Georgia, United States DataPath is a designer, integrates, manages and deploys satellite communication systems for military and commercial customers. Solutions include multi-band SATCOM terminals, network control software to manage and control communication networks, and global field support services. DataPath was established in 1982 and is based in Duluth, Georgia. |
Sell | - |
Canopy Capital Partners is a private equity firm focused on lower middle-market companies generating sales of $5 to $100 million and EBITDA between $1 and $10 million. Canopy Capital Partners will consider a variety of transaction situations, including management buyouts, growth financings, and recapitalizations. Sectors of interest include business services, construction, distribution, machinery, manufacturing, and transportation. Canopy Capital Partners was formed in 2015 and is based in Tampa, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 10 |
| Sector: Healthcare Services M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 6 of 6 |
| State: Florida M&A | 5 of 5 |
| Country: United States M&A | 7 of 10 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-11 |
Cloud 9 Services
Orlando, Florida, United States Cloud 9 Services is an underground utility contractor offering a full suite of commercial and utility cleaning, inspection and repair services to government entities, contractors, property owners, and property managers. Fender Marine Construction (FMC) is a marine construction contractor performing all types of commercial and industrial marine construction for contractors, property managers, local government, and homeowners. Cloud 9 Services was formed in 2001 and is based in Orlando, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-02 |
Cloud 9 Services
Orlando, Florida, United States Cloud 9 Services is an underground utility contractor offering a full suite of commercial and utility cleaning, inspection and repair services to government entities, contractors, property owners, and property managers. Fender Marine Construction (FMC) is a marine construction contractor performing all types of commercial and industrial marine construction for contractors, property managers, local government, and homeowners. Cloud 9 Services was formed in 2001 and is based in Orlando, Florida. |
Sell | - |
Resolute Capital Partners is a private equity firm that invests in a variety of industries and situations across the US. Resolute Capital Partners is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 37 |
| Sector: Healthcare Services M&A | 15 of 16 |
| Type: Recapitalization M&A Deals | 6 of 6 |
| State: Florida M&A | 3 of 3 |
| Country: United States M&A | 31 of 37 |
| Year: 2023 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-01 |
Strongpoint Partners
Chicago, Illinois, United States Strongpoint Partners is a tech-enabled financial services platform that provides third-party retirement administration (“TPA”), recordkeeping, and integrated payroll and HR technology solutions for small-and-medium businesses. Strongpoint Partners is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-01 |
Prominence Advisors
Lincolnshire, Illinois, United States Prominence Advisors is an IT consulting firm focused on helping healthcare providers with EMR implementation, establishing data governance principles and establishing self-service analytics. Prominence Advisors was founded in 2011 and is based in Lincolnshire, Illinois. |
Buy | - |
