M&A Deal Summary |
|
|---|---|
| Date | 2015-08-11 |
| Target | Salient Federal Solutions |
| Sector | Information Technology |
| Buyer(s) | Salient CRGT |
| Sellers(s) |
Frontenac
PNC Mezzanine Capital |
| Deal Type | Merger |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Information Technology |
Salient CRGT’s diverse, hard-working team provides a wide range of technology and mission support services to U.S. federal government agencies. The company has earned the unwavering trust of customers, who cite deep expertise, exceptionally responsive approach, and high-value solutions for consistently ensuring their success. Founded in 1998, Salient CRGT is a privately held company headquartered in Fairfax, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Information Technology) | 2 of 3 |
| Type (Merger) | 2 of 2 |
| State (Virginia) | 2 of 2 |
| Country (United States) | 2 of 3 |
| Year (2015) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-11 |
CRGT
Reston, Virginia, United States CRGT, Inc. is a full life-cycle IT services provider for the Federal Government, offering customers agile software development, data analytics, and cyber security & infrastructure support. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-06 |
Information innovators
Springfield, Vermont, United States Information innovators, Inc. is a provider of IT services and solutions to IT and health-focused clients across the federal government. It offer a range of services including program & project management, security & information assurance, systems design & integration, telecommunications consulting and enterprise architecture support. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1971 |
| PE ASSETS | 2.1B USD |
| Size | Large |
| Type | Sector Agnostic |
Frontenac is a Midwest US-based private equity firm that seek profitable, lower middle-market company investments with $5 to $25 million of EBITDA. Frontenac typically partners with management when pursuing acquisitions, including companies managed by owner-operators. Sectors of interest include financial services, healthcare services, education/HR services, manufacturing, publishing/media, and technology services. Frontenac was formed in 1971 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 60 |
| Sector (Information Technology) | 5 of 8 |
| Type (Merger) | 2 of 2 |
| State (Virginia) | 2 of 3 |
| Country (United States) | 39 of 58 |
| Year (2015) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-11 |
Salient CRGT
Fairfax, Virginia, United States Salient CRGT’s diverse, hard-working team provides a wide range of technology and mission support services to U.S. federal government agencies. The company has earned the unwavering trust of customers, who cite deep expertise, exceptionally responsive approach, and high-value solutions for consistently ensuring their success. Founded in 1998, Salient CRGT is a privately held company headquartered in Fairfax, Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-02 |
OTC Industrial Technologies
Columbus, Ohio, United States OTC Industrial Technologies is an industrial equipment service provider and distributor of highly engineered products including motion control, pumps, finishing products, robotics, motors and air compressors. OTC serves over 13,000 customers across diverse end-markets, providing highly technical sales consultation and aftermarket repair and services. OTC Industrial Technologies was founded in 1963 and is based in Columbus, Ohio. |
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 | 24 of 49 |
| Sector (Information Technology) | 1 of 1 |
| Type (Merger) | 1 of 1 |
| State (Virginia) | 2 of 2 |
| Country (United States) | 23 of 47 |
| Year (2015) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-14 |
Better Life Technology
Lenexa, Kansas, United States Better Life Technology LLC is a manufacturer, designer, marketer and distributor of highly specialized vinyl flooring products and unique printing substrates for multiple end markets. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-15 |
Wheaton Industries
Millville, New Jersey, United States Wheaton Industries, Inc. is a marketer, manufacturer and re-packager of containers, laboratory ware, instrumentation and associated products and services sold principally to customers in the general laboratory, life sciences, and diagnostics and reagent / chemicals packaging markets. |
Sell | - |
