M&A Deal Summary |
|
|---|---|
| Date | 2023-08-29 |
| Target | American Landscaping Partners |
| Sector | Business Services |
| Buyer(s) |
Shoreline Equity Partners
Apogem Capital |
| Sellers(s) |
Cold Bore Capital
Capitala Group |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair (Financial) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2019 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Shoreline Equity Partners is a private equity firm focused on partnering with management teams to acquires lower middle-market companies. The Firm is sector agnostic and generally targets profitable enterprises valued from $50 to $350 million. Prospective transaction situations include buyouts, recapitalizations, and corporate divestitures. Shoreline Equity Partners was established in 2019 and is headquartered in Jacksonville, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 9 |
| Sector (Business Services) | 2 of 2 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 8 of 9 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-04 |
Mr Greens Produce
Miami, Florida, United States Mr Greens Produce, dairy, and dry goods distributor serving a large variety of clients, including restaurants, hotels, country clubs, caterers, grocery stores, and retail outlets. Mr. Greens delivers 365 days a year, 7 days a week, and multiple runs per day to over 1,500 customers across Florida. Mr Greens Produce is based in Miami, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-25 |
Prime Meats
Duluth, Georgia, United States Prime Meats is a value-added protein processor and distributor that serves food service and retail customers and has deep ties to the Hispanic community. Prime Meats is based in Duluth, Georgia. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 2001 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apogem Capital is a diversified alternative investment manager and subsidiary of insurance provider, New York Life. Apogem manages a variety of investment strategies including private equity, private credit, and real assets. Within private equity, the Firm looks to make fund, direct, and secondary investments, as well as acquire GP stakes. Within its direct investing activity, Apogem targets mid-sized companies valued up to $250 million and will consider businesses throughout North America and Europe. Apogem Capital formed as the result of New York Life combining PA Capital, Madison Capital Funding, and Goldpoint Partners into one entity. Apogem Capital is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 68 of 69 |
| Sector (Business Services) | 4 of 4 |
| Type (Secondary Buyout) | 24 of 24 |
| State (Tennessee) | 2 of 2 |
| Country (United States) | 68 of 69 |
| Year (2023) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-03 |
National Auto Care
Westerville, Ohio, United States National Auto Care is a provider of F&I products, administration, consulting services, training and marketing support to independent agents, insurance companies, financial institutions, third-party administrators, and credit unions. National Auto Care focuses on increasing agent and dealer profitability by providing unique F&I products in protected markets. National Auto Care was recently named a Top Workplace in Central Ohio for the third year running and was honored with a 2018 Dealer’s Choice Platinum Award for F&I Products. NAC was founded in 1984 and is based in Westerville, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-11 |
Elgin Fastener Group
Wheeling, Illinois, United States Elgin Fastener Group is a manufacturer of short-run, high-quality specialty fasteners for a diverse range of niche industrial end markets. Elgin Fastener Group was founded in 2002 and is based in Wheeling, Illinois. |
Sell | - |
Cold Bore Capital is a private equity firm focused on acquiring lower middle-market service-oriented companies with $5 to $5 million in revenue. Specific areas of interest including healthcare services, business services, and consumer services. The Firm has a particular interest in businesses where the owner is looking for liquidity but also willing to continue operating. Cold Bore Capital was formed in 2017 and is headquartered in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Business Services) | 1 of 1 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-19 |
Regiment Security Partners
Yonkers, New York, United States Regiment Security Partners is a national, full-service security firm that provides unarmed and armed security guards, loss prevention specialists, special event officers, private investigators, and a host of security and risk management services. Regiment Security Partners is based in Yonkers, New York. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1998 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Capitala Group is an asset manager that provides equity and mezzanine capital to mid-sized companies valued up to $250 million. Funds are generally used to support growth needs, add-on acquisitions, management/leveraged buyouts, and recapitalizations. Capitatala will invest across the US, but generally targets opportunities located in the Southeast. Industry preferences include building products, business services, consumer/reteail, general industrial, healthcare, and technology. Prospective companies typically have revenues greater than $10 million and EBITDA of at least $3 million. Capitala was formed in 1998 and is headquartered in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 51 of 53 |
| Sector (Business Services) | 3 of 3 |
| Type (Secondary Buyout) | 18 of 19 |
| State (Tennessee) | 3 of 3 |
| Country (United States) | 50 of 52 |
| Year (2023) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-31 |
Veridian Healthcare
Gurnee, Illinois, United States Veridian Healthcare is a distributor of in-home diagnostics and pain relief products. The company provides innovative products to the growing healthcare market, focusing on brand development and strategic partnerships while expanding its blue-chip wholesale and retail customer portfolio. It offers over 50 years of combined management and sales experience, providing competitively priced and high-quality products designed to meet the standards of today’s healthcare professionals. Veridian Healthcare was founded in 2009 and is based in Gurnee, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-14 |
Tactical Air Support
Reno, Nevada, United States Tactical Air Support is a defense contractor providing consulting, adversary flight support, military training, and maintenance services to the US military forces and certain US allied governments. Tactical Air Support is based in Reno, Nevada. |
Buy | - |
