M&A Deal Summary

Shore Capital Partners Acquires Whetstone Distribution

On May 30, 2024, private equity firm Shore Capital Partners acquired distribution company Whetstone Distribution

Acquisition Highlights
  • This is Shore Capital Partners’ 1st transaction in the Distribution sector.
  • This is Shore Capital Partners’ 54th transaction in the United States.
  • This is Shore Capital Partners’ 12th transaction in Illinois.

M&A Deal Summary
Date 2024-05-30
Target Whetstone Distribution
Sector Distribution
Buyer(s) Shore Capital Partners
Deal Type Consolidation

Target

Whetstone Distribution

Chicago, Illinois, United States
Whetstone Distribution is a platform for regional food distributors, delivering sharp service and a wide range of products to independent grocers and restaurants across the Midwest. Whetstone Distribution is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Shore Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2009
PE ASSETS 9.1B USD
Size Mega
Type Sector Focused
DESCRIPTION

Shore Capital Partners is a private equity group focused on opportunities in healthcare, food/beverages, and business services. Specific healthcare areas of interest include infusion therapy, laboratory services, laboratory products/distribution, outpatient rehab therapy, and behavioral health. Shore looks to invest in proven businesses with stable cash-flows and 'significant' growth potential. Prospective companies typically have $5 to $50 million in sales and $1 to $7 million of EBITDA. Shore Capital was formed in 2009 and is based in Chicago, Illinois.

DEAL STATS #
Overall 56 of 60
Sector (Distribution) 1 of 1
Type (Consolidation) 8 of 9
State (Illinois) 12 of 14
Country (United States) 54 of 58
Year (2024) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 SDC Nutrition

Pittsburgh, Pennsylvania, United States

SDC Nutrition is a premier nutritional and supplement health supplement manufacturing and brand marketing company specializing in sports nutrition, functional foods, and health and wellness supplements. SDC Nutrition was founded in 2008 and is based in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
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.

Sell -
Mergr

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