Investment Summary |
|
|---|---|
| Date | 2002-01-01 |
| Target | Au Bon Pain |
| Sector | Restaurants |
| Investor(s) |
PNC Mezzanine Capital
Compass Diversified |
| Sellers(s) |
BRS
Jefferies Capital Partners Princes Gate Investors |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
PNC Mezzanine Capital is the subordinated debt investing arm of PNC Bank. PNC Mezzanine looks to provide $10 to $50 million of junior capital to middle-market companies in a variety of industries. Prospective companies generally have revenues of $20 million and EBITDA greater than $4 million. Broad sectors of interest include niche manufacturing, value-added distribution, and business or consumer services. PNC will not invest in early-stage or technology-driven businesses; real estate, commodity-based or capital-intensive companies; businesses with high customer or vendor concentration; or declining businesses. PNC Mezzanine was formed in 1989 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 77 |
| Sector: Restaurants M&A | 1 of 3 |
| Type: Secondary Buyout M&A Deals | 2 of 15 |
| State: Massachusetts M&A | 1 of 2 |
| Country: United States M&A | 7 of 73 |
| Year: 2002 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-06-26 |
Riddell Sports Group
Rosemont, Illinois, United States Riddell Sports Group, Inc. is a provider and reconditioner of branded athletic equipment, uniforms, and practice gear for young men and women. Riddell Sports Group was formed in 1922 and is based in Rosemont, Illinois. |
Buy | $61M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-03-01 |
Berkline/Benchcraft Holdings
Morristown, Tennessee, United States Berkline/Benchcraft is a manufacturer of motion upholstery furniture. |
Buy | $62M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 3.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Compass Diversified is a holding company focused on acquiring controlling interests in profitable small to middle-market businesses in attractive niche industries. Compass generally looks for US-based companies with proven management in place, low technological and/or product obsolescence risk, diverse customers, and EBITDA of at least $10 million. Compass Diversified was founded in 1998 and is headquartered in Westport, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 26 |
| Sector: Restaurants M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 13 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 2 of 25 |
| Year: 2002 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-05-01 |
CPM
Waterloo, Iowa, United States CPM is a supplier of process equipment used for oilseed processing and animal feed production. The Company's product offering includes a complete line of pellet mills, flaking mills, roller mills, hammermills, grinders, process control systems, and micro and minor ingredient scaling systems, as well as a broad range of ancillary equipment. The Company's products are also used in other industrial applications, including ethanol production, wood waste pelleting, refuse-derived fuel applications, other waste processing and recycling, and general grinding and agglomeration of a variety of materials. CPM was formed in 1883 and is based in Waterloo, Iowa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-02-21 |
CPM
Waterloo, Iowa, United States CPM is a supplier of process equipment used for oilseed processing and animal feed production. The Company's product offering includes a complete line of pellet mills, flaking mills, roller mills, hammermills, grinders, process control systems, and micro and minor ingredient scaling systems, as well as a broad range of ancillary equipment. The Company's products are also used in other industrial applications, including ethanol production, wood waste pelleting, refuse-derived fuel applications, other waste processing and recycling, and general grinding and agglomeration of a variety of materials. CPM was formed in 1883 and is based in Waterloo, Iowa. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
BRS is a private equity investment firm that specializes in management buyouts and recapitalizations of middle-market companies with strong market positions and growth potential. Broad areas of interest include consumer products, consumer services, food/nutrition, restaurants, retail, and distribution. BRS looks to commit $10 to $25 million per transaction. BRS was formed in 1995 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 37 |
| Sector: Restaurants M&A | 3 of 9 |
| Type: Secondary Buyout M&A Deals | 1 of 14 |
| State: Massachusetts M&A | 1 of 2 |
| Country: United States M&A | 3 of 35 |
| Year: 2002 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-12-31 |
Eurofresh
Willcox, Arkansas, United States Eurofresh is a year-round producer of hydroponically grown, pesticide-free, premium greenhouse tomatoes. Founded in 1990, Eurofresh has one of the most experienced management teams in the industry and is a leader in the North American hydroponic greenhouse tomato market. The Company currently produces beefsteak tomatoes and tomatoes-on-the-vine which are sold directly to supermarkets as well as wholesale distributors. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-06-01 |
Head & Engquist Equipment
United States In 1961, Thomas Engquist founded Head & Engquist Equipment with a customer, a Houston-based contractor named Frank Head. The two men recognized the potential for the equipment business in the fast-growing Gulf Coast region |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 850M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Jefferies Capital Partners is a private equity investment firm that seeks to invest in later-stage growth companies, management buyouts, and support of corporate expansion and industry consolidation. The firm makes equity and equity-linked investments between $20 million and $100 million per transaction. Jefferies does not invest in start-ups, early-stage ventures or real estate. The firm seeks companies with revenue between $10 million to $500 million per annum. Jefferies targets companies involved in the following industries: consumer, energy, financial services, healthcare, manufacturing and distribution, media, telecommunications and transportation. Jefferies Capital Partners is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 28 |
| Sector: Restaurants M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 4 |
| State: Massachusetts M&A | 3 of 4 |
| Country: United States M&A | 5 of 27 |
| Year: 2002 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-10-01 |
Ascent Pediatrics
Wilmington, Massachusetts, United States Ascent Pediatrics, Inc. - developed and marketed pharmaceutical products exclusively for the pediatric market, tailoring existing drug compounds to meet the specific needs of the pediatric market, which include improving both taste and delivery methodology. |
Sell | $60M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-05-09 |
NetSchools
Atlanta, California, United States NetSchools Corporation - provides an e-learning environment for K-12 schools that combines an Internet-centric curriculum with a notebook computer for every student. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| Size | Small |
| Type | Sector Agnostic |
Princes Gate Investors are special situations funds that target investments in equity, equity-linked, and mezzanine securities of both public and private companies. Princes Gate will consider opportunities globally. The Group is affiliated with Morgan Stanley and is based in New York City
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Restaurants M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2002 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-01 |
Au Bon Pain
Boston, Massachusetts, United States Au Bon Pain is a bakery cafe operator with company-owned and franchised stores operating globally. The Company's menu includes freshly baked goods, made-to-order sandwiches, soups, and cafe beverages. Au Bon Pain was founded in 1978 and is based in Boston, Massachusetts. |
Buy | - |
