Investment Summary

Pillsman Partners and RFE Investment Partners Invest In Squan Solutions

On October 14, 2014, private equity firms Pillsman Partners and RFE Investment Partners invested in communications company Squan Solutions

Investment Highlights
  • This is Pillsman Partners’ 1st and RFE Investment Partners’ 1st transaction in the Communications sector.
  • This is Pillsman Partners’ 1st and RFE Investment Partners’ 19th transaction in the United States.
  • This is Pillsman Partners’ 1st and RFE Investment Partners’ 3rd transaction in New Jersey.

Investment Summary

Date 2014-10-14
Target Squan Solutions
Sector Communications
Investor(s) Pillsman Partners
RFE Investment Partners
Deal Type Growth Capital

Target

Squan Solutions

Carlstadt, New Jersey, United States
Squan Solutions is a provider of solutions to the wireless and data networks. Squan Solutions' engineers, project managers, and field staff provide high-quality service to the wireless, wireline, cable, and enterprise markets. Squan Solutions was founded in 2006 and is based in Carlstadt, New Jersey.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

DESCRIPTION

Pillsman Partners is a private investment firm that specializes in direct investments in established, small to lower-middle market businesses. The Firm focuses on companies with strong organic growth potential and $2 to $15 million of EBITDA. Areas of interest include business services, technology, light manufacturing, chemicals and materials. Pillsman typically acquires a controlling but is flexible in terms of transaction structure. Pillsman Partners was formed in 2011 and is headquartered in Greenwich, Connecticut.


DEAL STATS #
Overall 1 of 5
Sector (Communications) 1 of 1
Type (Growth Capital) 1 of 3
State (New Jersey) 1 of 1
Country (United States) 1 of 5
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 SST Conveyor Components

Loveland, Ohio, United States

SST Conveyor Components is a designer and manufacturer of specialized conveyor components serving the material handling, distribution, and conveyor systems integration markets. SST Conveyor produces high-quality straight, tapered, grooved, and custom rollers, bearing assemblies, and pulleys tailored to meet the unique requirements of each customer. SST Conveyor Components was founded in 1957 and is based in Loveland, Ohio.

Buy -
Investor

RFE Investment Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1979
Size Large
Type Sector Agnostic
DESCRIPTION

RFE Investment Partners is a private equity firm focused on investing in lower middle-market service, manufacturing and healthcare service businesses. Prospective companies are generally profitable with annual cash-flow of at least $5 million. Target businesses also have proven management, defensible market positions, and 'a clearly identified and growing market'. RFE looks to commit $10 to $35 million of equity capital per transaction to support acquisitions, management led buyouts, and recapitalizations. RFE is licensed as a SBIC and was formed in 1979. RFE Investment Partners is based in New Canaan, Connecticut.


DEAL STATS #
Overall 19 of 29
Sector (Communications) 1 of 1
Type (Growth Capital) 2 of 3
State (New Jersey) 3 of 4
Country (United States) 19 of 28
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-08 Wind River Environmental

Hudson, Massachusetts, United States

Wind River Environmental LLC is a provider of inspection, service, installation, repair, and maintenance of non-hazardous liquid environmental waste solutions in the United States. Wind River provides non-discretionary and regulatory-driven non-hazardous waste removal and treatment services to a wide range of commercial, residential, and municipal customers across the Eastern U.S. With more than 25 locations, Wind River serves a diversified blue-chip customer base including national food and retail establishments such as Starbucks, McDonald’s, and Whole Foods. Wind River Environmental, LLC was founded in 1946 and is based in Hudson, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 Green Garden Products

Norton, Massachusetts, United States

Green Garden Products LLC is a supplier of branded, consumable gardening products. Green Garden Products is a provider of seed packets and seed starter products for flower and vegetable gardens in North America, and an emerging participant in the specialty soil and plant nutrient categories. Green Garden Products was founded in 1980 and is based in Norton, Massachusetts.

Sell -