M&A Deal Summary

Rising Point Capital and Sterling Partners Private Equity Acquire A-Rent

On January 1, 2019, private equity firms Rising Point Capital and Sterling Partners Private Equity acquired business services company A-Rent

Acquisition Highlights
  • This is Rising Point Capital’s 1st and Sterling Partners Private Equity’s 9th transaction in the Business Services sector.
  • This is Rising Point Capital’s 1st and Sterling Partners Private Equity’s 57th transaction in the United States.
  • This is Rising Point Capital’s 1st and Sterling Partners Private Equity’s 8th transaction in Illinois.

M&A Deal Summary
Date 2019-01-01
Target A-Rent
Sector Business Services
Buyer(s) Rising Point Capital
Sterling Partners Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

A-Rent

Burr Ridge, Illinois, United States
A-Rent is a provider of electrical test equipment rental services. A-Rent offers NIST-traceable calibration services for a wide range of electrical test equipment on a 3 day turnaround time. A-Rent is based in Burr Ridge, Illinois.

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Buyer(S) 2

Buyer

Rising Point Capital

Investor Investor

Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

Rising Point Capital is a private investment firm focused on acquiring service based companies throughout the US. Specific service areas of interest include industrial, energy, logistics, infrastructure, home, waste, distribution, and facility maintenance. The Firm will consider majority or minority positions in profitable businesses with at least $10 million in revenue and $2 million of EBITDA. Rising Point Capital is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 5
Sector (Business Services) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (Illinois) 1 of 2
Country (United States) 1 of 5
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Fairway Lawns

Little Rock, Arizona, United States

Fairway Lawns is a provider of residential lawn treatment and pest control services. The Company currently serves over 40,000 customers from 12 lawn treatment locations and 2 pest control locations across six states (AL, AR, GA, OK, SC, TN). Fairway Lawns was formed in 1979 and is based in Little Rock, Arizona.

Buy -
Buyer

Sterling Partners Private Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1983
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Sterling Partners Private Equity is the private equity arm of asset management firm Sterling Partners. Sterling Partners Private Equityis focused on investing in small to medium-sized companies positioned for growth, either organically or through acquisitions. Sterling has a strong interest in businesses with differentiated products, defensible competitive positions, recurring revenues, and diversified customers. The Firm's target equity commitment size is $5 to $175 million. Broad sectors of interest include direct marketing, education, specialty distribution, specialty manufacturing, healthcare, technology, and business services. Sterling Partners was formed in 1983 and is based in Chicago, Illinois.

DEAL STATS #
Overall 59 of 62
Sector (Business Services) 9 of 9
Type (Buyout (LBO, MBO, MBI)) 19 of 19
State (Illinois) 8 of 9
Country (United States) 57 of 60
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-30 Q-Centrix

Chicago, Illinois, United States

Q-Centrix is a provider of outsourced quality data management solutions for hospitals and healthcare providers. Q-Centrix was founded in 2011 and is based in Chicago, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-10 Kids Care Dental & Orthodontics

Sacramento, California, United States

Kids Care Dental & Orthodontics is a multi-site practice that offers comprehensive services including preventive dental care, orthodontics, and oral surgery for every gap-toothed, mischievous, silly and giggly smile. Kids Care Dental & Orthodontics was established in 2002 and is based in Sacramento, California.

Sell -
Mergr

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