M&A Deal Summary |
|
|---|---|
| Date | 2021-06-01 |
| Target | Care Advantage |
| Sector | Healthcare Services |
| Buyer(s) |
Searchlight Capital Partners
Audax Private Debt |
| Sellers(s) | BelHealth Investment Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 860M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Searchlight Capital Partners is a private investment firm founded in 2010. The Firm will invest across the capital structure, including equity and debt and will consider a variety of transaction situations, from simple to complex. Areas of focus include communications, media, information, IT services, business services, financial services, consumer services, consumer products, education, and industrial goods/services. The Firm will consider opportunities across North America and Europe. Searchlight Capital has offices in New York, London, and Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 42 |
| Sector: Healthcare Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 5 of 8 |
| State: Virginia M&A | 1 of 2 |
| Country: United States M&A | 13 of 24 |
| Year: 2021 M&A | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-13 |
Technical Airborne Components
Milmort, Belgium Technical Airborne Components designs and manufactures rods and struts for the aerospace industry. TAC is recognized worldwide as the reference source for high-quality, custom-engineered control, structural and system rods. Its expertise in design, development, and manufacturing of metallic & composite struts and rods is complemented by related machined parts (e.g. cranks, brackets), special tubular links, telescopic rods, torque shafts, and special rod ends. Technical Airborne Components was founded in 1981 and is based in Milmort, Belgium. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-06 |
All Points Broadband
Richmond, Virginia, United States All Points Broadband is a rural-facing ISP in the mid-Atlantic, currently serving approximately 25,000 end-users through a combination of fiber-to-the-home (“FttH”) and fixed wireless networks in markets throughout Virginia and Kentucky. All Points Broadband was founded in 2014 and is based in Richmond, Virginia. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 74 of 120 |
| Sector: Healthcare Services M&A | 4 of 11 |
| Type: Secondary Buyout M&A Deals | 34 of 58 |
| State: Virginia M&A | 1 of 4 |
| Country: United States M&A | 72 of 118 |
| Year: 2021 M&A | 7 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-26 |
JJ s Bakery
Erie, Pennsylvania, United States JJ's Bakery is a manufacturer of handheld snack pies. JTM sells its JJ’s Bakery branded snack pies and private-label snack pies to grocery, convenience, value, dollar, and mass retailers. JJ's Bakery was founded in 1986 and is based in Erie, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-14 |
Summit Spine & Joint Centers
Lawrenceville, Georgia, United States Summit Spine & Joint Centers operates ambulatory surgery centers and pain management clinics in the greater Atlanta area. Summit provides interventional pain management treatment to patients who suffer from chronic pain symptoms. Summit Spine & Joint Centers was founded in 2014 and is based in Lawrenceville, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 500M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
BelHealth Investment Partners LLC is a private equity firm focused on mid-sized healthcare companies. The Firm looks to invest $20 to $50 million per transaction and specifically targets healthcare services, healthcare products, healthcare distribution, and healthcare IT. BelHealth prefers companies with recurring revenue, high margins, diverse customers, low regulatory oversight, and modest technology risk. Prospective companies are typically profitable with at least $20-$100 million of enterprise value, $10-$100 million of revenue and $2-$10 million of EBITDA. BelHealth was formed in 2011 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 9 |
| Sector: Healthcare Services M&A | 2 of 3 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| State: Virginia M&A | 1 of 1 |
| Country: United States M&A | 5 of 9 |
| Year: 2021 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-14 |
Gemini Bio
West Sacramento, California, United States Gemini Bio is a biological reagents manufacturer and supplier serving the scientific community across academic research and the biotechnology and biopharma industries. Gemini Bio was founded in 1985 and is based in West Sacramento, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-19 |
EasyDNA
Elk Grove, California, United States EasyDNA is a provider of DNA testing and genetic testing. EasyDNA’s network of online retail sales platforms offers fast and affordable home DNA testing that is reliable and confidential. They also offer a number of lifestyle and health and wellbeing tests, and animal testing relating to allergies and tolerances. EasyDNA was founded in 2007 and is based in Elk Grove, California. |
Sell | $4M |
