M&A Deal Summary |
|
|---|---|
| Date | 2013-07-24 |
| Target | Linkage |
| Sector | Education |
| Buyer(s) |
Renovus Capital
Argosy Private Equity Five Points Capital |
| Sellers(s) | Prospect Partners |
| Deal Type | Recapitalization |
| Advisor(s) | Lincoln International (Financial) Sidley (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Renovus Capital is a private equity firm focused on investing in small to mid-sized education companies. Specific areas of interest include for-profit colleges and schools, training companies, content providers, and technology and services businesses to education providers. Renovus looks for companies with 'strong growth prospects', proven business models and EBITDA of at least $3 million. Renovus Capital was formed in 2010 and is based in Wayne, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 43 |
| Sector: Education M&A | 4 of 11 |
| Type: Recapitalization M&A Deals | 1 of 3 |
| State: Massachusetts M&A | 2 of 2 |
| Country: United States M&A | 5 of 42 |
| Year: 2013 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-03-13 |
Phoenix East Aviation
Daytona Beach, Florida, United States Phoenix East Aviation, Inc. is a provider of ab initio training for U.S. and international students seeking to become commercial pilots. Phoenix East Aviation was founded in 1972 and is based in Daytona Beach, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-24 |
Excellarate
Wayne, Pennsylvania, United States Excellarate is a provider of customized software solutions and mission-critical IT services to insurance, healthcare and other companies that provide web-enabled services. Excellarate is based in Wayne, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1990 |
| PE ASSETS | 575M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Argosy Private Equity is the private equity arm of Argosy Capital, an asset management firm. Argosy Private Equity provides both debt and equity capital to lower middle-market companies located throughout the US. Argosy focuses on growth companies with experienced management teams and revenues between $15 and $100 million and EBITDA of $3 to $9 million. Argosy looks to invest $5 - $20 million per transaction. Specific areas of interest include manufacturing, business services, franchising and Value added distributions. The Firm will consider a variety of transaction types, including MBO’s, recapitalizations, growth equity and acquisitions. Argosy was formed in 1990 and is based in Wayne, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 88 |
| Sector: Education M&A | 1 of 2 |
| Type: Recapitalization M&A Deals | 5 of 6 |
| State: Massachusetts M&A | 2 of 3 |
| Country: United States M&A | 48 of 88 |
| Year: 2013 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-06-20 |
Panhandle
Oklahoma City, Oklahoma, United States Panhandle is an oil field services provider which serves a diversified base of customers in nine states. Panhandle was founded in 1989 and is based in Oklahoma City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-06 |
Climax Portable Machine Tools
Newberg, Oregon, United States Climax Portable Machine Tools is a supplier of portable machine tools and related products serving the shipbuilding, power generation, service and engineering sectors. Climax Portable Machine Tools was founded in 1966 and is based in Newberg, Oregon. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Five Points Capital makes both direct private equity and junior capital investments in US-based middle-market companies. Five Points prefers control based investments and will consider opportunities in a variety of industries. For both equity and mezzanine investments, the Firm looks to commit $5 to $25 million of capital in businesses with at least $10 million in sales and $3 million of EBITDA. Five Points Capital was formerly known as BB&T Capital Partners and re-branded in 2015. The Firm was established in 1997 and is based in Winston-Salem, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 44 of 89 |
| Sector: Education M&A | 2 of 3 |
| Type: Recapitalization M&A Deals | 9 of 21 |
| State: Massachusetts M&A | 2 of 3 |
| Country: United States M&A | 44 of 89 |
| Year: 2013 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-06-04 |
Caldwell & Gregory
Manakin-Sabot, Virginia, United States Caldwell & Gregory is a provider of turnkey laundry facility management services for customers in the university and multifamily housing markets. C&G owns and services over 50,000 laundry machines across 23 states and the District of Columbia. Caldwell & Gregory was founded in 1990 and is based in Manakin-Sabot, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-08-30 |
BrandFX
Fort Worth, Texas, United States BrandFX LLC is a manufacturer and seller of composite utility truck bodies. Products include service bodies designed for smaller utility trucks, line bodies designed for medium-sized utility trucks as well as toppers and inserts designed primarily for compact utility trucks. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 470M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prospect Partners, LLC is a lower middle-market private equity firm that focuses on management buyouts and recapitalization of small companies. Prospect looks to invest $2 to $30 million of equity capital in companies with revenues of $15 to $100 million and EBITDA up to $10 million. The Firm targets opportunities in a variety of sectors spanning many sub-sectors of manufacturing, specialty distribution, and service. Transactions of interest include leverage recapitalizations, industry consolidations, corporate orphans, generational sales, under-managed companies, and backing independent equity sponsors. Prospect Partners was formed in 1998 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 39 |
| Sector: Education M&A | 3 of 3 |
| Type: Recapitalization M&A Deals | 2 of 4 |
| State: Massachusetts M&A | 2 of 3 |
| Country: United States M&A | 21 of 39 |
| Year: 2013 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-16 |
Velocity Aerospace Group
Frisco, Texas, United States Velocity Aerospace Group provides aviation MRO services to a global base of commercial air transports, corporate business aircraft, regional airlines, and helicopters, operating FAA-certified repair stations in California and Florida that offer a broad range of test, repair, and overhaul services, including unique capabilities in avionic, electronic instrumentation, cockpit panel, and system repairs. Velocity Aerospace Group was founded in 2013 and is based in Frisco, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-30 |
Sportdecals
Spring Grove, Illinois, United States Sportdecals, Inc. is a designer and embellisher of customized uniforms, spirt wear, and decals for the K-12 school sports market. The company provides in-house design, screen printing, and embroidery services for sports apparel products such as team uniforms, practice jerseys, performance wear, and spirit wear. Sportdecals was established in 1972 and is based in Spring Grove, Illinois. |
Buy | - |
