M&A Deal Summary

Seaport Capital Acquires Keg Logistics

On July 20, 2017, private equity firm Seaport Capital acquired transportation company Keg Logistics from Bregal Sagemount

Acquisition Highlights
  • This is Seaport Capital’s 1st transaction in the Transportation sector.
  • This is Seaport Capital’s 26th transaction in the United States.
  • This is Seaport Capital’s 1st transaction in Colorado.

M&A Deal Summary
Date 2017-07-20
Target Keg Logistics
Sector Transportation
Buyer(s) Seaport Capital
Sellers(s) Bregal Sagemount
Deal Type Secondary Buyout

Target

Keg Logistics

Centennial, Colorado, United States
Keg Logistics is an outsourced keg management provider that services over 1,100 craft brewers, wine, cider and other draught beverage producers in the U.S., Canada, and U.K. Keg Logistics provides a lease-to-own model whereby craft breweries can lease kegs for up to eight years with buyout options. Keg Logistics was founded in 2011 and is based in Centennial, Colorado.

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Buyer(S) 1

Buyer

Seaport Capital

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
Size Middle-Market
Type Sector Focused
DESCRIPTION

Seaport Capital is a private equity firm that targets equity and mezzanine investments in private middle-market companies. Funds are generally used to support late-stage growth opportunities, as well as buyouts and recapitalizations. Seaport prefers businesses with high margins and recurring revenues. Sectors of interest include marketing services, publishing, media, communications, business services, education, software, cable, and information services. Seaport seeks private companies valued between $25 and $150 million and looks to commit up to $40 million of equity per transaction. Seaport requires board representation and typically holds investments for three to seven years. Seaport Capital was formed in 1997 and is based in New York City.

DEAL STATS #
Overall 28 of 38
Sector (Transportation) 1 of 1
Type (Secondary Buyout) 1 of 3
State (Colorado) 1 of 2
Country (United States) 26 of 36
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-27 FTJ FundChoice

Hebron, Kentucky, United States

FTJ FundChoice is an SEC Registered Investment Advisor, provides advisors access to independent asset allocation strategies and model trading functionality. FTJ FundChoice assists advisors in simplifying their business by absorbing back office tasks, such as trade reconciliation, account administration, fee billing, and performance reporting, allowing the advisor to spend more time on client relationship-building activities.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-21 Filmwerks

Rocky Point, North Carolina, United States

Filmwerks provides mission-critical production solutions, including power, structure, and lighting, for live events to over 100 clients. Filmwerks was founded in 2002 and headquartered in Rocky Point, North Carolina.

Buy -

Seller(S) 1

SELLER

Bregal Sagemount

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2012
PE ASSETS 1.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Bregal Sagemount is a growth-focused private capital firm. The Firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Bregal Sagemount invests $8 to $150 million per transaction in a variety of sectors including software, digital infrastructure, healthcare IT, healthcare services, business and consumer services, financial technology, and specialty finance. Bregal Sagemount was formed in 2012 and is headquartered in New York City.

DEAL STATS #
Overall 16 of 37
Sector (Transportation) 1 of 1
Type (Secondary Buyout) 8 of 18
State (Colorado) 2 of 3
Country (United States) 15 of 34
Year (2017) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-05 Lux Research

Boston, Massachusetts, United States

Lux Research is a provider of market intelligence services, helping clients drive growth through technology innovation. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make better, informed decisions today to ensure future success. Lux Research was founded in 2004 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-16 Options

London, United Kingdom

Options provides outsourced financial technology and managed IT services to the global capital markets. Its clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges. Options was founded in 1993 and is based in London, United Kingdom.

Buy -
Mergr

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