M&A Deal Summary |
|
|---|---|
| Date | 2017-04-10 |
| Target | Derby Fabricating Solutions |
| Sector | Manufacturing |
| Buyer(s) | Prophet Equity |
| Sellers(s) | Heartwood Partners |
| Deal Type | Secondary Buyout |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prophet Equity is a private investment group focused on partnering with owners and management to acquire and build companies. The Firm targets the lower middle-market, and generally pursues businesses with significant value creation potential, such as those found in partnerships, corporate carve-outs, divestitures and non-strategic businesses of larger companies. Prospective companies typically have revenue up to $500 million and are valued between $10 and $250 million. Sectors of interest include automotive, transportation, consumer products, aerospace/defense, distribution, financial services, healthcare, manufacturing, technology, and natural resources. Prophet Equity was founded in 2007 and is based in Southlake, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 18 |
| Sector (Manufacturing) | 3 of 3 |
| Type (Secondary Buyout) | 2 of 2 |
| State (Kentucky) | 1 of 1 |
| Country (United States) | 17 of 18 |
| Year (2017) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-06 |
Groff Tractor & Equipment
Mechanicsburg, Pennsylvania, United States Groff Tractor & Equipment is a heavy equipment specialist serving construction end-markets with flexible mix of parts, service, rentals and sales. Groff has 11 locations that serve Pennsylvania, Maryland, New Jersey, Ohio, Virginia and West Virginia with OEM partnerships that include CASE Construction, Wirtgen America, Terramac, Rubble Master, Liebherr, Terex, Takeuchi, Sakai, Wacker, and Atlas Copco. Groff Tractor & Equipment was founded in 1958 and is based in Mechanicsburg, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-12 |
Acton Mobile Industries
Baltimore, Maryland, United States Acton Mobile Industries is a provider of modular space rental services. Acton maintains a fleet of over 10,000 modular units through 17 branches in 11 states. Acton provides leasing and related ancillary services such as site preparation, delivery, installation and maintenance. |
Sell | $235M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 1.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Heartwood Partners is a private equity firm focused on partnerships with middle-market companies across the US. The Firm prefers to invest in family owned and managed companies where it can leverage strategic resources for long-term growth. Target companies are typically profitable with $5 to $30 million of EBITDA with up to $400 million in revenue. Sectors of interest include agriculture, automotive, consumer products, distribution, food, industrial services, niche manufacturing, packaging, and chemicals. Heartwood Partners was formed in 1982 and is headquartered in Norwalk, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 21 |
| Sector (Manufacturing) | 2 of 5 |
| Type (Secondary Buyout) | 5 of 9 |
| State (Kentucky) | 1 of 2 |
| Country (United States) | 12 of 21 |
| Year (2017) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-01 |
Lone Star Beef Processors
San Angelo, Texas, United States Lone Star Beef Processors LP is a cattle processor and supplier of premium grass-fed lean beef, providing an essential ingredient used in the production of retail ground beef for end consumers. Lone Star Beef Processors was founded in 2007 and is based in San Angelo, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-27 |
Fintube
Tulsa, Oklahoma, United States Fintube LLC is a producer of advanced products that increase the operational efficiencies of boilers, heat exchangers and related products. Fintube was founded in 1962 and is based in Tulsa, Oklahoma. |
Sell | - |
