M&A Deal Summary

Phoenix Partners Acquires Nita

On February 22, 2022, private equity firm Phoenix Partners acquired machinery company Nita

Acquisition Highlights
  • This is Phoenix Partners’ 1st transaction in the Machinery sector.
  • This is Phoenix Partners’ 2nd transaction in Canada.
  • This is Phoenix Partners’ 2nd transaction in Quebec.

M&A Deal Summary
Date 2022-02-22
Target Nita
Sector Machinery
Buyer(s) Phoenix Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Nita

Terrebonne, Quebec, Canada
Nita is a manufacturer of the most technologically advanced and intuitive labeling systems. The company uses simplified architecture and off-the-shelf electronics in order to make its machines more robust and easier to maintain. Moreover, its state-of-the-art Human Machine Interface (HMI) makes the machine incredibly user-friendly, giving operators the ability to control the labeling process more easily. Nita was formed in 1990 and is based in Terrebonne, Quebec.

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Buyer(S) 1

Buyer

Phoenix Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2012
Size Small
Type Sector Agnostic
DESCRIPTION

Phoenix Partners is a private equity firm that seeks lower middle-market company investments throughout Quebec. The Firm prefers profitable ($5 to $15 million of EBITDA) businesses operating in traditional industries. Sectors of interest include manufacturing, food processing, distribution, consumer packaged goods, plastics, transportation, and metal products. Phoenix Partners is headquartered in Montreal.

DEAL STATS #
Overall 2 of 2
Sector (Machinery) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Quebec) 2 of 2
Country (Canada) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-09 Groupe BBH

St. Laurent, Quebec, Canada

Groupe BBH is a supplier of personal protective equipment to major retailers and industry groups in North America. Groupe BBH was founded in 2007 and is based in St. Laurent, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-04 Bernard

Saint-Victor, Quebec, Canada

Bernard is a manufacturer of pure maple syrup and the products are sold in more than 40 countries around the world with primary distribution in the US and Canada. Bernard was formed in 1966 and is based in Saint-Victor, Quebec.

Sell -
Mergr

Product

Company

Legal