M&A Deal Summary |
|
|---|---|
| Date | 2024-07-15 |
| Target | TFS |
| Sector | Business Services |
| Buyer(s) |
Southfield Capital
Comvest Partners |
| Sellers(s) | OnPoint Group |
| Deal Type | Divestiture |
| Advisor(s) | Baird (Financial) White & Case (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Southfield Capital is a private equity group focused on buying and building middle-market business service companies headquartered throughout North America. The Firm prefers control investment situations and looks to commit $20 to $80 million of equity capital in profitable businesses with $4 to $20 million of EBITDA. Specific sectors of interest include business services, financial services, real estate services, IT, industrial services, and transportation. Prospective investment situations include buyouts, consolidations, recapitalizations, and growth financings. Southfield Capital is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 22 |
| Sector: Business Services M&A | 9 of 9 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ohio M&A | 2 of 2 |
| Country: United States M&A | 19 of 19 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-10 |
Business Development Resources
SeaTac, Washington, United States Business Development Resources is a business coaching and training organization for field services contractors and distributors. Business Development Resources was founded in 1998 and is based in SeaTac, Washington. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 16.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Comvest Partners is a private investment firm that provides equity and debt capital to middle-market companies across North America. Comvest funds a variety of investment situations, including buyouts, divestitures, recapitalizations, consolidations, take privates, and turnarounds. Sectors of interest include business services, information services, education, financial services, healthcare services, software, IT, and transportation. For equity investments, Comvest prefers control and looks to invest $50 to $150 million per transaction. For debt needs, Comvest seeks to provide $25 to $250 million per transaction. Comvest Partners was formed in 2000 and is based in West Palm Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 59 of 62 |
| Sector: Business Services M&A | 4 of 5 |
| Type: Divestiture M&A Deals | 7 of 7 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 58 of 61 |
| Year: 2024 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-21 |
Senior Helpers
Towson, Maryland, United States Senior Helpers is a franchisor of private pay, professional home care for elderly individuals. The Company provides specialized programs that have been developed in collaboration with medical experts and offers specialized care services for individuals with Alzheimer's, dementia, and Parkinson's. Senior Helpers was founded in 2002 and is based in Towson, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-28 |
Seatex
Rosenberg, Texas, United States Seatex is a chemical provider of turnkey liquids and solids blending, toll manufacturing, and packaging services. The Company produces detergents, sanitizers, emulsifiers, additives, and other products for the energy, cleaning, agronomics, and industrial end markets. It operates two production locations outside with in excess of 500,000 square feet of manufacturing space. Seatex was founded in 1967 and is based in Rosenberg, Texas. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Business Services |
OnPoint Group is a North American provider of management and maintenance services for doors, docks, material handling and warehouse accessories through its industry leading divisions: TFS, Miner, TrueSource, and Concentric. OnPoint Group has more than 600 technicians in over 80 locations to consistently deliver efficiency, safety and productivity to customers responsible for maintaining multifacility operations. OnPoint Group was founded in 2001 and is based in Perrysburg, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-03 |
Concentric
Carrollton, Texas, United States Concentric is a DC power management and on-site maintenance for the material handling and critical power industries. Concentric was founded in 2000 and is based in Carrollton, Texas. |
Sell | - |
