M&A Deal Summary |
|
|---|---|
| Date | 2022-07-18 |
| Target | Custom Power |
| Sector | Electrical Equipment |
| Buyer(s) | Solid State Group |
| Sellers(s) |
Elan Growth Partners
CVF Capital Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1963 |
| Sector | Manufacturing |
| Employees | 400 |
| Revenue | 125M GBP (2025) |
Solid State Group is a value-added electronics group supplying commercial, industrial and military markets with durable components, assemblies, and manufactured units for use in specialist and harsh environments. The company has particular expertise in industrial and ruggedized computing, displays, battery power solutions, communications including antennas and secure radio systems, imaging technologies, electrical and electronic components. The Group specializes in complex engineering challenges often requiring design-in support and component sourcing. Serving industries with demands for complex, performance-critical products, the Solid State trading brands have become recognized industry leaders through consistently delivering product quality, high service standards, and comprehensive technical support. Solid State Group was formed in 1963 and is headquartered in Redditch, England.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Electrical Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
Elan Growth Partners is a growth-oriented investment firm that targets lower middle-market companies operating in the manufacturing, niche software, business services, and food sectors. The Firm looks to commit $5 to $25 million in profitable Western US-based companies with up to $6 million of EBITDA. Elan Growth Partners was formed in 2018 and is headquartered in Carlsbad, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Electrical Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-08 |
Simply NUC
Round Rock, Texas, United States Simply NUC is a global mini computer OEM. Simply NUC provides custom configured, warrantied, and supported mini PC systems to businesses and consumers as well as end-to-end mini PC project development, custom operating system installations, and mini PC accessories. Simply NUC is based in Round Rock, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-07 |
FaceFirst
Austin, Texas, United States FaceFirst is a provider of fully automated, user-friendly, turnkey mobile and live-video surveillance facial recognition system that generates automated alerts whenever a face match above a user-defined probability is reached. FaceFirst was founded in 2007 and is based in Camarillo, California. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 385M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
CVF Capital Partners is a private investment firm created to provide growth capital for small to mid-sized businesses located in the California Central Valley. CVF looks to commit $5 to $15 million of capital in the form of mezzanine debt to companies with revenues of 5 million, and at least $1 million of cash-flow. CVF funds are generally used to support business expansions, acquisitions, or to refinance. CVF was formed by the principals of Gael Partners. CVF Capital Partners was founded in 2005 and is based in Davis, California.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 18 |
| Sector: Electrical Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 10 of 10 |
| State: California M&A | 11 of 11 |
| Country: United States M&A | 16 of 18 |
| Year: 2022 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-04 |
LightRiver
Concord, California, United States LightRiver is a provider of optical, data, and switching products and services for cloud data centers, government, enterprise, and utility sectors. LightRiver was founded in 1998 and is based in Concord, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-05 |
Cool Mountain Transport
Nampa, Idaho, United States Cool Mountain Transport provides general logistics solutions to a variety of businesses throughout the Western U.S. Cool Mountain Transport Off-Spec has partnered with customers by offering reliable, safe, and transparent supply chain solutions. Cool Mountain Transport was founded in 2009 and is based in Nampa, Idaho. |
Sell | - |