M&A Deal Summary

Slate Capital Group and Farragut Capital Partners Acquire O Donnell Metal Deck

On January 26, 2021, private equity firm Slate Capital Group and mezzanine finance firm Farragut Capital Partners acquired distribution company O Donnell Metal Deck

Acquisition Highlights
  • This is Slate Capital Group’s 3rd and Farragut Capital Partners’ 5th transaction in the Distribution sector.
  • This is Slate Capital Group’s 13th and Farragut Capital Partners’ 78th transaction in the United States.
  • This is Slate Capital Group’s 4th and Farragut Capital Partners’ 2nd transaction in Maryland.

M&A Deal Summary

Date 2021-01-26
Target O Donnell Metal Deck
Sector Distribution
Buyer(s) Slate Capital Group
Farragut Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

O Donnell Metal Deck

Elkridge, Maryland, United States
O'Donnell Metal Deck is a value-added distributor of metal decking and steel bar joist primarily for the commercial construction industry. The Company serves steel fabricators, contractors, builders, and building material suppliers throughout the mid-Atlantic and nationally. O'Donnell was founded in 1996 and based in Elkridge, Maryland.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

Slate Capital Group

Baltimore, Maryland, United States

Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Slate Capital Group is a private equity firm focused on acquiring controlling interests in small to mid-sized companies with $3 to $15 million of EBITDA. The Firm prefers companies headquartered in the Eastern half of the US and targets businesses operating in the business services, distribution, light manufacturing, and food & beverage sectors. Prospective companies typically exhibit recurring revenue, sustainable margins, identifiable growth opportunities, and significant barriers to entry. Slate Capital Group was formed in 2004 and is based in Baltimore, Maryland.


DEAL STATS #
Overall 13 of 16
Sector (Distribution) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 7 of 8
State (Maryland) 4 of 4
Country (United States) 13 of 16
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-15 AllTrust Networks

Herndon, Virginia, United States

AllTrust Networks is a provider of transaction processing software solutions that allows grocery stores and other retailers to identify an individual using a biometric (fingerprint) and reduce losses from check fraud. AllTrust Networks was formed in 1999 and is based in Herndon, Virginia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Nova Technologies

Tallahassee, Florida, United States

Nova Technologies is a diversified high-technology company providing technology and support for training Army, Navy, Air Force, and Marine Corps Warfighters worldwide. Nova Technologies was founded in 1997 and is based in Tallahassee, Florida.

Buy -
Buyer

Farragut Capital Partners

Chevy Chase, Maryland, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2011
PE ASSETS 1.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Farragut Capital Partners LLC is a private investment firm that provides mezzanine and equity capital to help finance buyouts, generational transfers, growth capital financings, and recapitalizations. The Firm prefers asset-light businesses with unique and defensible market positions, stable business models, and reasonable capital expenditure and working capital needs. Sectors of interest include light and niche manufacturing, business services, distribution & logistics, and media. Farragut's target investment size is $2 to $10 million. Farragut Capital Partners was formed in 2011 and is based in Washington, District of Columbia.


DEAL STATS #
Overall 78 of 97
Sector (Distribution) 5 of 6
Type (Buyout (LBO, MBO, MBI)) 34 of 40
State (Maryland) 2 of 2
Country (United States) 78 of 97
Year (2021) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-26 Digital West

San Luis Obispo, California, United States

Digital West, Inc. provides fiber optic connectivity, colocation, cloud services, digital business applications, and telephony to businesses that demand high-quality products and outstanding reliability. Digital West serves commercial clients, including carriers, small businesses, and medium-to-large enterprise clients with custom infrastructure needs. Digital West was founded in 1999 and is based in San Luis Obispo, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-02 BOOM! By Cindy Joseph

Nanuet, New York, United States

BOOM! By Cindy Joseph sells a growing portfolio of color cosmetics and skincare products. BOOM! offers a pared-down, easy-to-use, and fast-to-apply line of multi-purpose cosmetic products that serve as a woman’s entire makeup bag, including foundation, blush, lipstick, and more. BOOM! By Cindy Joseph was founded in 2010 and is based in Nanuet, New York.

Buy -