M&A Deal Summary |
|
|---|---|
| Date | 2016-06-07 |
| Target | Kith Kitchens |
| Sector | Furniture |
| Buyer(s) |
Pfingsten Partners
Promus Equity Partners |
| Deal Type | Buyout (LBO, MBO, MBI) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Pfingsten Partners is a private equity firm focused on investments in niche manufacturing, distribution, and business services companies. The Firm targets platform companies headquartered in the US although add-on acquisitions can be located outside the US. Prospective companies typically have revenues of $20 to $150 million and EBITDA of $3 to $12 million. Transaction types include private companies undergoing an ownership transition, corporate divestitures, strategic add-ons, and turnarounds. Pfingsten only invests in situations allowing for control. Pfingsten will not invest in real estate, natural resources, highly regulated businesses, retail, restaurants, early-stage companies, or technology. Pfingsten Partners was formed in 1989 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 56 |
| Sector (Furniture) | 2 of 2 |
| Type (Buyout (LBO, MBO, MBI)) | 27 of 31 |
| State (Alabama) | 1 of 2 |
| Country (United States) | 42 of 56 |
| Year (2016) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-02 |
Technibus
Canton, Ohio, United States Technibus, Inc. is a manufacturer of custom engineered bus duct solutions for the power generation, petrochemical, commercial, and industrial markets. Products include metal enclosed, non-segregated bus ducts used to transmit high-voltage electricity and other custom sheet metal products. |
Sell | $45M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-06 |
Des-Case
Goodlettsville, Tennessee, United States Des-Case is a manufacturer of contamination control products and services for industrial lubricants. Its breathers, specialty filtration products, custom fluid handling equipment and consulting and educational services have helped companies around the world improve their equipment reliability by reducing equipment maintenance costs and downtime. Des-Case was founded in 1983 and is based in Goodlettsville, Tennessee. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 700M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Promus Equity Partners is a private investment firm affiliated with Promus Holdings, a multi-family office. Promus looks to fund buyouts, management buyouts, and recapitalizations as well as growth equity financings and strategic add-ons for existing portfolio companies. Sectors of interest include consumer products, food, beverages, industrial products, specialty materials, distribution, and business services. Target platform companies generally have up to $15 million of EBITDA. Promus Equity Partners was founded in 2011 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 27 |
| Sector (Furniture) | 1 of 1 |
| Type (Buyout (LBO, MBO, MBI)) | 5 of 12 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 12 of 26 |
| Year (2016) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-18 |
LogicMark
Louisville, Kentucky, United States LogicMark LLC is a provider of unmonitored personal emergency response devices. |
Sell | $20M |
| 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 | - |
