M&A Deal Summary |
|
|---|---|
| Date | 2024-01-17 |
| Target | Market Performance Group |
| Sector | Business Services |
| Buyer(s) |
Sentinel Capital Partners
Yukon Partners Audax Private Debt |
| Sellers(s) |
Constitution Capital Partners
Insignia Capital Group |
| Deal Type | Secondary Buyout |
| Advisor(s) | DLA Piper (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 11.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Sentinel Capital Partners is a private equity firm that targets investments in middle-market companies with strong management and 'attractive growth prospects'. Sentinel looks to invest up to $400 million of equity in companies generating EBITDA of up to $65 million. Sectors of interest include business services/outsourcing, consumer products and services, food and restaurants, franchising, and manufacturing. Prospective transaction situations include management buyouts, recapitalizations, corporate divestitures, take-privates, and growth capital financings. Sentinel Capital Partners was formed in 1995 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 97 of 99 |
| Sector: Business Services M&A | 5 of 5 |
| Type: Secondary Buyout M&A Deals | 37 of 38 |
| State: New Jersey M&A | 3 of 3 |
| Country: United States M&A | 89 of 91 |
| Year: 2024 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-20 |
Newk’s Eatery
Jackson, Mississippi, United States Newk’s Eatery is a fast casual restaurant with a diverse menu of high quality, made-from-scratch sandwiches, soups, salads, and pizzas. The Newk’s Eatery system consists of 67 restaurants located in the Southeast. Newk’s Eatery was founded in 2004 and is based in Jackson, Mississippi. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-05 |
Spectrum Safety Solutions
Stamford, Connecticut, United States Spectrum Safety Solutions is a manufacturer of branded industrial fire detection and suppression products and services in mission-critical and hazardous environments. Spectrum serves companies in critical infrastructure, marine, clean energy, and other industrial markets. Spectrum Safety Solutions is based in Stamford, Connecticut. |
Buy | $1.4B |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 640M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Yukon Partners is a mezzanine finance firm that works with private equity sponsors to fund a variety of investment situations. Yukon looks to invest $10 to $40 million to support buyouts, recapitalizations, take privates, and refinancings. Sectors of interest include automotive, building products, business services, consumer products, food/beverages, healthcare products/services, industrial manufacturing, niche manufacturing, and transportation/logistics. Prospective companies generally have revenues of $30 to $500 million and are profitable with EBITDA of $5 to $50 million. Yukon Partners was formed in 2008 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 54 |
| Sector: Business Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 18 of 19 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 51 of 53 |
| Year: 2024 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-09 |
Worldwide Produce
Los Angeles, California, United States Worldwide Produce is a distributor of fresh fruits, vegetables, dairy products, and specialty foods to independent and chain restaurants across the Western United States. Worldwide Produce operates two distribution facilities located in Los Angeles, CA, and Las Vegas, NV. Worldwide Produce was founded in 1989 and is based in Los Angeles, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-06 |
Behavioral Innovations
Addison, Texas, United States Behavioral Innovations provides center-based and in-home applied behavior analysis therapy, speech therapy, and occupational therapy services to children ages birth through 18 with autism spectrum disorder and other related developmental disabilities. BI also offers adult services in community-based treatment settings. Behavioral Innovations was formed in 2000 and is based in Addison, Texas. |
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 | 106 of 120 |
| Sector: Business Services M&A | 13 of 18 |
| Type: Secondary Buyout M&A Deals | 48 of 58 |
| State: New Jersey M&A | 6 of 7 |
| Country: United States M&A | 104 of 118 |
| Year: 2024 M&A | 1 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-10 |
MDpanel
Los Angeles, California, United States MDpanel is a provider of expert medical opinions in the U.S., serving physicians across a range of specialties. MDpanel is based in Los Angeles, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-26 |
HR Green
Cedar Rapids, Iowa, United States HR Green provides infrastructure design, engineering, and consulting services to public and private sector clients across transportation, water, municipal advisory, broadband, and land development end markets. HR Green brings engineering, technical, and management solutions to clients across the Midwest, South, Mountain West, and California regions. HR Green was formed in 1913 and is based in Cedar Rapids, Iowa. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 6.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Constitution Capital Partners is a private equity and asset management firm focused on opportunities throughout North America. Constitution Capital typically invests in private equity partnerships, however the Firm also makes direct private equity and credit investments. Constitution Capital Partners does not have any sector preferences. Constitution Capital Partners was formed in 2008 and is headquartered in Andover, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 33 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 7 of 7 |
| State: New Jersey M&A | 1 of 2 |
| Country: United States M&A | 25 of 30 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-28 |
Bradford Health Services
Birmingham, Alabama, United States Bradford Health Services is a provider of substance abuse treatment and recovery services. Bradford offers early intervention services, crisis response, intensive outpatient care, partial hospitalization, and residential care, inpatient detox, and transitional living and life skills programming. Bradford Health Services was founded in 1977 and is based in Birmingham, Alabama. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-02 |
Resource Innovations
Half Moon Bay, California, United States Resource Innovations is a provider of demand-side management, energy efficiency, and energy consulting services to utilities and governments. Resource Innovations was founded in 2000 and is based in Half Moon Bay, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Insignia Capital Group is a private equity firm focused on growth-oriented, lower middle-market companies throughout North America. The Firm targets profitable businesses with EBITDA greater than $5 million. Prospective transaction situations include management buyouts, corporate carve-outs, public-to-private transactions, build-ups, recapitalizations, growth equity investment,s and strategic minority investments. Insignia Capital was Insignia Capital Group was established in 2011 and is headquartered in Walnut Creek, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-01 |
Chocolate Works
Freeport, New York, United States Chocolate Works is a manufacturer and purveyor of niche fine/artisan chocolates for personal and corporate gifts. Its offerings include truffles, chocolate dipped or covered strawberries, pretzels, nuts, Oreos/cookies and specialty chocolate molded products. Chocolate Works was founded in 1973 and is based in Freeport, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-22 |
Oxford Road
Sherman Oaks, California, United States Oxford Road is an independent audio‑advertising agency helping brands scale through podcasts, radio, streaming audio, and creator media. It combines data insights and creative storytelling to maximize audience engagement and ROI. Oxford Road was founded in 2013 and is based in Sherman Oaks, California. |
Buy | - |
