M&A Deal Summary

SBG Holdings Acquires SASE

On June 27, 2023, SBG Holdings acquired machinery company SASE from Blue Point Capital Partners

Acquisition Highlights
  • This is SBG Holdings’ 1st transaction in the Machinery sector.
  • This is SBG Holdings’ 1st transaction in the United States.
  • This is SBG Holdings’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2023-06-27
Target SASE
Sector Machinery
Buyer(s) SBG Holdings
Sellers(s) Blue Point Capital Partners
Deal Type Add-on Acquisition

Target

SASE

Rockford, Tennessee, United States
SASE is a manufacturer and supplier of equipment and consumables used in the concrete polishing industry. SASE was founded in 1985 and is based in Rockford, Tennessee.

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Buyer(S) 1

Buyer

SBG Holdings

Rockford, Tennessee, United States

Category Company
Sector Machinery
DESCRIPTION

SBG Holdings is a holding company of subsidiary trade brands providing consumables and associated equipment for the ongoing maintenance, conversion and placement of concrete flooring and other hardscapes through its industry-leading brands of SASE and Bartell Global. SBG Holdings is based in Rockford, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Blue Point Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1990
PE ASSETS 1.9B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Blue Point Capital Partners is a middle-market private equity firm focused on investments throughout the US, Canada, and Europe. The Firm looks to commit $10 to $50 million of equity capital in companies generating sales of $30 to $300 million and EBITDA of at least $7 million. Blue Point looks for control investments that arise from management led buyouts, recapitalizaitons, and companies in need of growth capital. Sectors of interest include transportation components, metals processing, plastics, packaging, specialty distribution, environmental, building materials, industrial textiles, transportation/logistics, chemicals, industrial outsourcing, and engineered components. Blue Point will not invest in real estate, restaurants, retail, or companies operating in highly regulated industries. Blue Point Capital Partners was formed in 1990 and has offices in Cleveland, Ohio; Charlotte, North Carolina; and Seattle, Washington.


DEAL STATS #
Overall 35 of 36
Sector (Machinery) 2 of 3
Type (Add-on Acquisition) 10 of 10
State (Tennessee) 1 of 2
Country (United States) 32 of 33
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-27 SBG Holdings

Rockford, Tennessee, United States

SBG Holdings is a holding company of subsidiary trade brands providing consumables and associated equipment for the ongoing maintenance, conversion and placement of concrete flooring and other hardscapes through its industry-leading brands of SASE and Bartell Global. SBG Holdings is based in Rockford, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-21 SBG Holdings

Rockford, Tennessee, United States

SBG Holdings is a holding company of subsidiary trade brands providing consumables and associated equipment for the ongoing maintenance, conversion and placement of concrete flooring and other hardscapes through its industry-leading brands of SASE and Bartell Global. SBG Holdings is based in Rockford, Tennessee.

Sell -