M&A Deal Summary |
|
|---|---|
| Date | 2023-09-18 |
| Target | Vortex |
| Sector | Business Services |
| Buyer(s) |
Quad-C Management
Audax Private Debt |
| Sellers(s) | Platform Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Quad-C Management is a generalist private equity firm that makes control investments in middle-market companies operating in a wide range of industries. Target sector's include building products, business-to-business services, consumer products, distribution/logistics, equipment rental, financial services, healthcare, light manufacturing, packaging, restaurants, security, and specialty chemicals. Quad-C's target investment size is $50 to $150 million in businesses valued between $100 and $500 million and with EBITDA greater than $10 million. Prospective transaction types include recapitalizations/family successions, management buyouts, and industry consolidations. Quad-C Management was founded in 1989 and is headquartered in Charlottesville, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 62 of 64 |
| Sector: Business Services M&A | 8 of 10 |
| Type: Secondary Buyout M&A Deals | 16 of 17 |
| State: Texas M&A | 5 of 5 |
| Country: United States M&A | 58 of 60 |
| Year: 2023 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-08 |
Legacy Food Group
United States Legacy Food Group is a food service distribution company with numerous operating divisions, primarily along the East Coast. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-06 |
MNX Global Logistics
Long Beach, California, United States MNX Global Logistics is a provider of express, supply chain, and freight services to customers primarily in the life sciences, entertainment, and aviation industries. MNX Global Logistics was founded in 1983 and is based in Long Beach, California. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 104 of 120 |
| Sector: Business Services M&A | 12 of 18 |
| Type: Secondary Buyout M&A Deals | 47 of 58 |
| State: Texas M&A | 8 of 9 |
| Country: United States M&A | 102 of 118 |
| Year: 2023 M&A | 7 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-02 |
OrthoNebraska
Omaha, Nebraska, United States OrthoNebraska is a provider of orthopedic and musculoskeletal care. OrthoNebraska’s comprehensive care includes both surgical and non-surgical intervention, supported by a range of sub-specialized providers. OrthoNebraska was founded in 2004 and is based in Omaha, Nebraska. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-10 |
MDpanel
Los Angeles, California, United States MDpanel is a provider of expert medical opinions in the U.S., serving physicians across a range of specialties. MDpanel is based in Los Angeles, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 800M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Platform Partners is a private holding company that makes investments in small to mid-sized companies with a history of 'operating profitability'. The platform looks for growth situations and seeks to invest up to $75 million of equity capital per transaction. Prospective transaction situations include management-led buyouts of private companies, recapitalization of family-owned companies, and growth capital commitments to pursue strategic acquisitions. The Firm will consider both majority and minority positions. Platform Partners was formed in 2006 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 15 |
| Sector: Business Services M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 6 of 6 |
| State: Texas M&A | 11 of 11 |
| Country: United States M&A | 14 of 15 |
| Year: 2023 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-03 |
Principle Health Systems
Houston, Texas, United States Principle Health Systems is a health care services provider serving the laboratory needs for a diverse customer base, including long term care providers with over 2,000 provider relationships in Texas. Principle also operates three pain management clinics with a long-term history of alleviating pain for patients through its spine and pain practice. Principle Health Systems was founded in 2016 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-30 |
Alliance Strategies
Austin, Texas, United States Alliance Strategies is a work exchange sponsor providing travel services to foreign exchange visitors. Alliance Strategies was founded in 1989 and is based in Austin, Texas. |
Buy | - |
