M&A Deal Summary |
|
|---|---|
| Date | 2023-04-01 |
| Target | Hanson Lab Solutions |
| Sector | Manufacturing |
| Buyer(s) |
Progress Equity Partners
NewSpring Capital First Capital Partners |
| Deal Type | Recapitalization |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Small |
| Type | Sector Agnostic |
Progress Equity Partners is a private investment firm that seeks control positions in 'well-managed, entrepreneurial, service-based businesses.' Progress focuses on companies with sustainable/scalable business models and low capital expenditures. Specific areas of interest include building products/construction services, communication, marketing, facility maintenance services, franchising, manufacturing, retail, specialty food and healthcare services. Progress Equity Partners is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 19 |
| Sector: Manufacturing M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 5 of 6 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 18 of 19 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-30 |
Creative Tent International
Henderson, Nevada, United States Creative Tent International is a designer and manufacturer of highly engineered tension fabric, clear-span structures deployable for a wide range of defense, aerospace, government, and commercial applications. Creative Tent International was founded in 2004 and is based in Henderson, Nevada. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-03 |
Creative Tent International
Henderson, Nevada, United States Creative Tent International is a designer and manufacturer of highly engineered tension fabric, clear-span structures deployable for a wide range of defense, aerospace, government, and commercial applications. Creative Tent International was founded in 2004 and is based in Henderson, Nevada. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 185 of 201 |
| Sector: Manufacturing M&A | 13 of 13 |
| Type: Recapitalization M&A Deals | 8 of 9 |
| State: California M&A | 14 of 17 |
| Country: United States M&A | 181 of 197 |
| Year: 2023 M&A | 4 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-16 |
Prosperity Behavioral Health
Cherry Hill, New Jersey, United States Prosperity Behavioral Health is a provider of financial solutions for behavioral health facilities. Prosperity Behavioral Health is based in Cherry Hill, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-17 |
Lookingglass Cyber Solutions
Reston, Virginia, United States Lookingglass Cyber Solutions is a provider of threat intelligence driven security and dynamic threat defense software services. Lookingglass Cyber Solutions was founded in 2009 and is based in Reston, Virginia. |
Sell | $26M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 241M USD |
| Size | Small |
| Type | Sector Agnostic |
First Capital Partners is an Omaha, Nebraska-based private investment firm that provides equity and subordinated debt financing to lower middle-market companies. First targets businesses with revenues of $10 to $100 million and EBITDA up to $10 million. Investments are generally used to fund management buyouts, growth capital financings, recapitalizations, divestitures, and generational transfers of ownership. Broad areas of interest include manufacturing, business services, and value-added distribution. First Capital will not invest in startups, early stage companies, high technology, real estate, or retail. First Capital Partners is based in US.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 37 |
| Sector: Manufacturing M&A | 8 of 8 |
| Type: Recapitalization M&A Deals | 9 of 9 |
| State: California M&A | 3 of 4 |
| Country: United States M&A | 36 of 37 |
| Year: 2023 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-01 |
American Event Services
Danville, Illinois, United States American Event Services manufactures HVAC, fluid handling, power distribution and other products for the equipment rental industry. American Event Services products are sold to specialty rental equipment providers that rent the products to end users in the industrial, municipal, construction, and special event markets. American Event Services was founded in 2004 and is based in Danville, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-01 |
INTACT Property Restoration
Thousand Palms, California, United States INTACT Property Restoration is a family of local mitigation, restoration, and reconstruction companies. INTACT provides 24/7 services to help residential and commercial customers who have suffered property damage. INTACT operates multiple restoration brands in the Western U.S. INTACT Property Restoration is based in Thousand Palms, California. |
Buy | - |
