M&A Deal Summary

Salem Investment Partners Acquires Protochips

On June 1, 2016, mezzanine finance firm Salem Investment Partners acquired electronics company Protochips

Acquisition Highlights
  • This is Salem Investment Partners’ 2nd transaction in the Electronics sector.
  • This is Salem Investment Partners’ 36th transaction in the United States.
  • This is Salem Investment Partners’ 11th transaction in North Carolina.

M&A Deal Summary

Date 2016-06-01
Target Protochips
Sector Electronics
Buyer(s) Salem Investment Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Protochips

Morrisville, North Carolina, United States
Protochips is an easy-to-use in situ TEM solutions & sample supports enable accurate quantitative measurement of samples under natural conditions. Protochips was established in 2002 and is based in Morrisville, North Carolina.

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Buyer(S) 1

DESCRIPTION

Salem Investment Partners specializes in debt and equity investments in privately-held, middle-market businesses across the Southeast and Mid-Atlantic regions of the US. Salem looks to invest $2 to $10 million per transaction to help support growth, acquisitions, recapitalizations, and buyouts. Sectors of interest include business services, light manufacturing, consumer products, and distribution. Salem Investment Partners was formed in 1999 and is based in Greensboro, North Carolina.


DEAL STATS #
Overall 36 of 58
Sector (Electronics) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 23 of 40
State (North Carolina) 11 of 13
Country (United States) 36 of 58
Year (2016) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 Village Realty

Nags Head, North Carolina, United States

Village Realty provides vacation rentals, real estate sales, and association management services in North Carolina's Outer Banks. Village Realty was founded in 1993 and is based in Nags Head, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-01 Southeast Highway

West Palm Beach, Florida, United States

Southeast Highway provides guardrail, handrail, and attenuator installer in the southeastern United States. The Company work with general contractors of all sizes for both public (DOT) work and private work. Southeast Highway was established in 1997 and is based in West Palm Beach, Florida.

Buy -