M&A Deal Summary |
|
|---|---|
| Date | 2022-10-17 |
| Target | OutSolve |
| Sector | Business Services |
| Buyer(s) |
Riverside
Kian Capital Partners |
| Sellers(s) |
LNC Partners
Five Points Capital |
| Deal Type | Recapitalization |
| Advisor(s) | Houlihan Lokey (Financial) Moore & Van Allen (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 278 of 295 |
| Sector: Business Services M&A | 22 of 24 |
| Type: Recapitalization M&A Deals | 5 of 5 |
| State: Louisiana M&A | 3 of 3 |
| Country: United States M&A | 193 of 203 |
| Year: 2022 M&A | 8 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-26 |
Xcentric
Clinton Township, Michigan, United States Xcentric provides technology-enabled, quick-turn injection molding, rapid prototyping, and CNC machining services for clients across numerous industries including medical devices, aerospace, automotive, consumer products, and electronics. Xcentric was founded in 1996 and is based in Clinton Township, Michigan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
HydroCorp
Troy, Michigan, United States HydroCorp provides outsourced management of water system safety programs to prevent contamination in the drinking water supply, including cross-connection control, backflow prevention, legionella prevention, as well as water meter replacements. The company primarily serves municipalities that manage their own public water infrastructure, but also provides services to the healthcare and industrial sectors, where there are regulatory requirements. HydroCorp was founded in 1983 and is based in Troy, Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Kian Capital Partners is a private equity firm focused on providing equity and junior capital to support growth, buyouts, shareholder liquidity needs, recapitalizations, divestitures, and refinancings of profitable lower middle-market companies with up to $150 million in revenue. Kian will consider opportunities throughout the US and seeks businesses operating in the business services, distribution, healthcare services, and niche manufacturing sectors. Kian Capital Partners was formed in 2011 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 30 |
| Sector: Business Services M&A | 4 of 4 |
| Type: Recapitalization M&A Deals | 10 of 10 |
| State: Louisiana M&A | 2 of 2 |
| Country: United States M&A | 25 of 30 |
| Year: 2022 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-27 |
Sunbelt Packaging
York, South Carolina, United States Sunbelt Packaging is a provider of industrial packaging, strapping, and thread supplies and equipment. Sunbelt sells products to industrial and commercial end-users that manufacture, transport, or store products, in industries that include general manufacturing, food production, and mining. Sunbelt Packaging was founded in 1980 and is based in York, South Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-19 |
Riverside Oral Surgery
River Edge, New Jersey, United States Riverside Oral Surgery operates multiple state-of-the-art surgical facilities across five counties in the state. Each of the practice's surgeons utilizes cutting-edge technology in digital imaging and scanning and offers a full spectrum of services, from wisdom teeth extractions, dental implants, to surgical management of oral cancer, to temporo-mandibular joint disorder and full reconstructive procedures. Riverside Oral Surgery was founded in 2007 and is based in River Edge, New Jersey. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
LNC Partners is a private investment firm focused on providing $10 to $40 million of equity and junior capital to support a variety of company transactions. As a provider of debt, LNC offers subordinated debt and unitranche securities. As a provider of equity, LNC will invest as a minority or majority partner. Prospective transaction situations include buyouts, refinancings, acquisition financings, growth capital needs, and recapitalizations. Sectors of interest include business and information services, financial services, insurance, healthcare, and niche manufacturing. LNC Partners is based in Arlington, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 27 |
| Sector: Business Services M&A | 3 of 3 |
| Type: Recapitalization M&A Deals | 2 of 3 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 25 of 27 |
| Year: 2022 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-28 |
GCG Wealth Management
Charlotte, North Carolina, United States GCG Wealth Management is a regional financial services firm with field offices across the Southeast US. GCG offers a broad spectrum of services aimed at building and managing wealth including, but not limited to, financial planning, retirement and estate preservation, risk management, and family wealth counseling. GCG Wealth Management was founded in 1994 and is based in Charlotte, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-03 |
Stretch Zone
Fort Lauderdale, Florida, United States Stretch Zone is a stretch therapy franchisor offering a proprietary practitioner-assisted stretching method using patented Stretch Zone Stabilization System to enhance muscle function and overall mobility. Stretch Zone was founded in 2004 and is based in Fort Lauderdale, Florida. |
Buy | - |
| 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 | 50 of 58 |
| Sector: Business Services M&A | 6 of 9 |
| Type: Recapitalization M&A Deals | 5 of 5 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 50 of 58 |
| Year: 2022 M&A | 9 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-17 |
Westwood Laboratories
Azusa, California, United States Westwood Laboratories is a full-service contract manufacturer of consumer staple products specializing in the beauty, personal care, pet and OTC drug markets. Westwood Laboratories was founded in 1948 and is based in Azusa, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-07 |
ISG
Indianapolis, Indiana, United States ISG provides services and parts to critical-to-process industrial rotating equipment for a diversified blue chip customer base comprised mainly of large industrial, power, paper, and energy companies. ISG was founded in 2018 and is based in Indianapolis, Indiana. |
Sell | - |
