M&A Deal Summary |
|
|---|---|
| Date | 2021-12-30 |
| Target | Hoskin Scientific |
| Sector | Distribution |
| Buyer(s) |
River Associates
PNC Mezzanine Capital |
| Deal Type | Buyout (LBO, MBO, MBI) |
| Advisor(s) | KPMG Corporate Finance (Financial) Stikeman Elliott (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.1B USD |
| Size | Large |
| Type | Sector Agnostic |
River Associates is a private equity firm that targets buyouts, divestitures and recapitalizations of lower middle-market companies. River looks for investments in manufacturing, high-margin distribution, industrial services and 'non-faddish' retail companies. The Firm focuses on companies located in the US and Canada with minimum sales of $15 million and EBITDA of $3 to $12 million. River Associates avoids investing in heavily regulated industries as well as start-up, high-technology, commodity or natural resource companies. River Associates was formed in 1989 and is based in Chattanooga, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 39 |
| Sector: Distribution M&A | 2 of 2 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 18 of 23 |
| State: British Columbia M&A | 1 of 1 |
| Country: Canada M&A | 2 of 2 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-01 |
Wheat Montana
Three Forks, Montana, United States Wheat Montana is a provider of premium, branded mill, and bakery products. The Company offers a variety of non-GMO, chemical-free grains and whole grain flours, mixes, and fresh and frozen bread products to retail and wholesale customers throughout the United States. Wheat Montana is based in Three Forks, Montana. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-07 |
TopDown
North Hollywood, California, United States TopDown is a designer, manufacturer, and supplier of automotive aftermarket products. TopDown was founded in 1979 and is based in North Hollywood, California. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
PNC Mezzanine Capital is the subordinated debt investing arm of PNC Bank. PNC Mezzanine looks to provide $10 to $50 million of junior capital to middle-market companies in a variety of industries. Prospective companies generally have revenues of $20 million and EBITDA greater than $4 million. Broad sectors of interest include niche manufacturing, value-added distribution, and business or consumer services. PNC will not invest in early-stage or technology-driven businesses; real estate, commodity-based or capital-intensive companies; businesses with high customer or vendor concentration; or declining businesses. PNC Mezzanine was formed in 1989 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 71 of 77 |
| Sector: Distribution M&A | 7 of 8 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 36 of 38 |
| State: British Columbia M&A | 2 of 2 |
| Country: Canada M&A | 3 of 3 |
| Year: 2021 M&A | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-27 |
Revak Keen Turbomachinery
La Porte, Texas, United States Revak Keen Turbomachinery remanufactures, modify, and upgrade steam turbines, pumps, gears, and complete steam turbine systems for industrial customers. Revak Keen Turbomachinery was founded in 1981 and is based in La Porte, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-31 |
English Riding Supply
Scranton, Pennsylvania, United States English Riding Supply is a value-added distributor of English style equestrian products for both the horse and the rider including helmets, footwear, saddles, horse equipment and gear. English Riding Supply was founded in 2002 and is based in Scranton, Pennsylvania. |
Buy | - |
