M&A Deal Summary |
|
|---|---|
| Date | 2019-06-17 |
| Target | Medical Indicators |
| Sector | Medical Products |
| Buyer(s) |
Progress Equity Partners
Harbert Mezzanine Capital |
| Sellers(s) | Desco Capital |
| Deal Type | Secondary Buyout |
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| 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 | 15 of 19 |
| Sector: Medical Products M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 15 of 19 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-04 |
Diversified Machine Systems
Colorado Springs, Colorado, United States Diversified Machine Systems LLC is a manufacturer of 3-axis and 5-axis CNC routers and machining centers. Located in Colorado Springs, CO, and serving customers worldwide, DMS supplies machines to a variety of manufacturing sectors including aerospace, automotive, marine, 3D sculpture, and formed plastics among many others. Diversified Machine Systems was founded in 2003 and is based in Colorado Springs, Colorado. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-22 |
InDemand Industrial Services
Bismarck, North Dakota, United States InDemand Industrial Services is a provider of industrial maintenance and construction services to owners and operators of industrial facilities across the United States. InDemand Industrial Services was founded in 2020 and is based in Bismarck, North Dakota. |
Buy | - |
Harbert Mezzanine Capital is the junior capital investment arm of asset manager Harbert Management Corporation. Harbert Mezzanine looks to invest $3 to $15 million of subordinated debt to support growth needs, acquisitions, recapitalizations, or management buyouts of mid-sized companies throughout the US. Harbert Mezzanine Capital is based in Nashville, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 28 |
| Sector: Medical Products M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 2 of 3 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 22 of 28 |
| Year: 2019 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-20 |
IHP
Nashville, Tennessee, United States Innovative Hearth Products is a manufacturer of indoor and outdoor fireplaces, fireplace inserts, free-standing stoves, gas log sets, venting products and accessories for the specialty retail, residential new construction and industrial markets. Based in Nashville, Tenn. IHP operates manufacturing facilities in Russellville, Ala., Santa Ana, Calif. and Auburn, Wash. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-21 |
Direct Shot Distributing
Franklin, Indiana, United States Direct Shot Distributing, Inc. is a third party logistics (3PL) service provider offering omnichannel solutions to a diverse group of clients. Direct Shot Distributing, Inc. was founded in 2011 and is based in Franklin, Indiana. |
Sell | - |
| Category | Corporate Investor |
|---|---|
| Size | Small |
| Type | Sector Agnostic |
Desco Capital Partners (DCP) is a private investor group established to invest in US-based growth companies operating in a variety of industry sectors. Target investment situations include acquisitions, management buyouts, and growth capital financings. DCP will also consider distressed situations. DCP's investment horizon is three to seven years. The Firm will not invest in companies involved in oil & gas, real estate, retail sales or e-Commerce. DCP was formed in 1992 and is a unit of Desco Corporation. DCP is based in Columbus, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Medical Products M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-03 |
Republic Doors & Frames
McKenzie, Tennessee, United States Republic Doors & Frames, Inc. is a manufacturer of hollow metal doors and frames, complementing Allegion’s Steelcraft brand and core business in the Americas region. Republic Doors & Frames was founded in 1931 and is based in McKenzie, Tennessee. |
Sell | - |
