M&A Deal Summary |
|
|---|---|
| Date | 2025-01-13 |
| Target | GPRS |
| Sector | Technology Hardware |
| Buyer(s) | Roark Capital Group |
| Sellers(s) |
Kohlberg & Company
Maranon Capital CIVC Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams Houlihan Lokey KeyBanc Capital Markets (Financial) Ropes & Gray (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 33.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Roark Capital Group is a private equity firm that focuses on middle-market investment opportunities. The Firm targets family-owned business transfers, management/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Roark Capital Group pursues companies with revenues between $20 million and $5 billion, and EBITDA of $10 to $500 million. Roark Capital primarily invests in consumer and business services companies, with a particular interest in the franchise, food and restaurant, specialty retail, direct marketing and financial services sectors. Roark Capital Group was formed in 2001 and is headquartered in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 45 of 46 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 21 of 21 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 43 of 44 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-24 |
Subway
Milford, Connecticut, United States Subway is a global restaurant chain focused on serving freshly made-to-order sandwiches, wraps, salads and bowls to guests across more than 100 countries in nearly 37,000 restaurants. Subway restaurants are owned and operated by Subway franchisees – a network that includes thousands of entrepreneurs and small business owners. Subway was founded in 1965 and is based in Milford, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-02 |
Dave s Hot Chicken
Pasadena, California, United States Dave's Hot Chicken is a fast-casual restaurant chain specializing in Nashville-style hot chicken, known for its spicy tenders, sliders, and crinkle-cut fries. Dave's Hot Chicken was founded in 2017 and is headquartered in Pasadena, California. |
Buy | $1.0B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Kohlberg & Company is a private equity firm which acquires middle-market companies with consistent cash flow, and underperforming companies with operational deficiencies. Kohlberg looks to commit $100 to $500 million of equity capital in opportunities valued from $200 million to $2 billion. Kohlberg generally looks for opportunities in the manufacturing and service sectors, however the Firm will also selectively consider businesses in food and healthcare. Kohlberg tends not to consider technology or communications companies. Kohlberg & Company was formed in 1987 and has offices in Mt. Kisco, New York.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 48 |
| Sector: Technology Hardware M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 20 of 20 |
| State: Ohio M&A | 2 of 2 |
| Country: United States M&A | 47 of 47 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-03 |
CLEAResult
Austin, Texas, United States CLEAResult provides energy efficiency, transition, and sustainability services. The company collaborates with a diverse network of local partners to deliver technology and personalized services, making it easy for commercial and industrial businesses, governments, utilities, and residential customers to reduce their energy use and greenhouse gas emissions. CLEAResult was founded in 2003 and is based in Austin, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-29 |
RESA Power
Houston, Texas, United States RESA Power provides mission-critical electrical system services and products for industrial, commercial, institutional, government, and utility end-users across North America. It provides quick turn-around custom manufactured or retrofit switchgear & breaker solutions and maintains an extensive inventory of obsolete and hard-to-find components. RESA Power was founded in 1928 and is based in Houston, Texas. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Maranon Capital is an investment firm that provides senior financing, mezzanine debt and equity co-investments for private equity backed and non-sponsored middle-market companies. Maranon seeks investments in financially healthy businesses with stable cash flows, diverse customers, and strong management. Areas of interest include business services, healthcare services, distribution, manufacturing and consumer products/services. Funds typically support acquisitions, recapitalizations, refinancings, consolidations, ESOPs and growth capital needs. Maranon Capital was formed in 2007 and is based in Chicago, Illinois. In 2019, Maranon Capital was acquired by asset management firm Eldrige.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 22 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 15 of 15 |
| State: Ohio M&A | 3 of 3 |
| Country: United States M&A | 22 of 22 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-19 |
Tax Guard
Westminster, Colorado, United States Tax Guard is a provider of data and services that help lenders accurately assess tax-related credit risk associated with potential borrowers. Tax Guard was founded in 2009 and is based in Westminster, Colorado. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1970 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
CIVC Partners is a private equity firm that provides buyout and growth capital to middle-market businesses located in the US and Canada. CIVC invests in companies generating sales of $40 - $300 million with an EBITDA of $5 to $25 million. Sectors of interest include Business Services, Information Services, Facility Services, Insurance Services, Transportation & Logistics, Tech-enabled Services, BPO, SaaS, Compliance Services, Corporate Training, IT Services, and Utility Services. The firm invests in the range of $20 - $100 million per transaction. CIVC prefers to be the lead equity sponsor and will consider both majority and minority investment situations. CIVC Partners was formed in 1970 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 49 of 49 |
| Sector: Technology Hardware M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 20 of 20 |
| State: Ohio M&A | 2 of 2 |
| Country: United States M&A | 48 of 48 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-15 |
Highstreet IT Solutions
Rockville, Maryland, United States Highstreet IT Solutions is a provider of cloud-oriented managed IT services and enterprise software implementation services. Through a complete service portfolio, Highstreet assists enterprise clients as they transition to Cloud-based IT infrastructure and applications and supports their Cloud-based technologies on an ongoing basis. Highstreet IT Solutions was founded in 1996 and is based in Rockville, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-18 |
Strategus
Centennial, Colorado, United States Strategus is a provider of high-performance connected TV ("CTV") advertising campaigns serving digital agency and direct brand clients. The Company is a premier provider of programmatic CTV and omnichannel marketing campaigns. Strategus was founded in 2013 and is based in Centennial, Colorado. |
Buy | - |
