M&A Deal Summary |
|
|---|---|
| Date | 2016-04-29 |
| Target | Katahdin Industries |
| Sector | Chemicals |
| Buyer(s) |
Promus Equity Partners
Avante Capital Partners |
| Deal Type | Recapitalization |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 700M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Promus Equity Partners is a private investment firm affiliated with Promus Holdings, a multi-family office. Promus looks to fund buyouts, management buyouts, and recapitalizations as well as growth equity financings and strategic add-ons for existing portfolio companies. Sectors of interest include consumer products, food, beverages, industrial products, specialty materials, distribution, and business services. Target platform companies generally have up to $15 million of EBITDA. Promus Equity Partners was founded in 2011 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 27 |
| Sector (Chemicals) | 1 of 1 |
| Type (Recapitalization) | 1 of 3 |
| State (Massachusetts) | 2 of 2 |
| Country (United States) | 11 of 26 |
| Year (2016) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-29 |
ADI American Distributors
Randolph, New Jersey, United States ADI American Distributors is a distributor and value-added assembler of electrical components and systems primarily for the global aerospace industry. With an extensive network of worldwide suppliers. ADI American Distributors was founded in 1983 and is based in Randolph, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-18 |
LogicMark
Louisville, Kentucky, United States LogicMark LLC is a provider of unmonitored personal emergency response devices. |
Sell | $20M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Agnostic |
Avante Mezzanine Partners is a provider of junior capital to lower middle-market companies generating at least $3 million in cash flow. The Firm looks to invest $5 to $20 million per transaction and generally works with private equity and independent sponsors in buyout transactions, as well as with entrepreneurs and owners to finance recapitalizations, refinancings, acquisitions and growth. Avante Mezzanine was formed in 2009 and has offices in Los Angeles and Boston.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 32 |
| Sector (Chemicals) | 1 of 1 |
| Type (Recapitalization) | 3 of 3 |
| State (Massachusetts) | 2 of 2 |
| Country (United States) | 18 of 32 |
| Year (2016) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-26 |
SunBriteTV
Thousand Oaks, California, United States SunBriteTV LLC, is a designer, manufacturer and supplier of all-weather outdoor televisions, outdoor digital displays and related accessories. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-13 |
K12 Coalition
Eagan, Minnesota, United States K12 Coalition provides online professional development, continuing education, and master’s degree programs for K-12 teachers. K12 Coalition was established with the mission to help teachers advance their classroom skills and careers, while also improving student learning. K12 Coalition was founded in 2002 and is based in Eagan, Minnesota. |
Sell | - |
