M&A Deal Summary

Southfield Capital Acquires The Kelvin Group

On October 1, 2017, private equity firm Southfield Capital acquired business services company The Kelvin Group

Acquisition Highlights
  • This is Southfield Capital’s 3rd transaction in the Business Services sector.
  • This is Southfield Capital’s 10th transaction in the United States.
  • This is Southfield Capital’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2017-10-01
Target The Kelvin Group
Sector Business Services
Buyer(s) Southfield Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

The Kelvin Group

Andover, Massachusetts, United States
The Kelvin Group is an industrial and commercial mission-critical mechanical services, process safety management and environmental compliance. The Kelvin Group is based in Andover, Massachusetts.

Search 200,500 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) 1

Buyer

Southfield Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2002
PE ASSETS 125M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Southfield Capital is a private investment group focused on buying and building lower middle-market businesses headquartered throughout North America. The Firm prefers to control investment situations and looks to commit $20 to $60 million of equity in companies valued from $25 to $125 million. Target sectors include manufacturing, distribution and fulfillment, and specialty services. Southfield avoids investing in agriculture, mining, heavy construction, and hazardous materials. Prospective investment situations include buyouts, consolidations, recapitalizations, and growth financings. Southfield Capital is a successor company to the private investment firm Levison & Company and is based in Greenwich, Connecticut with additional offices in Alexandria, Virginia, and Louisville, Kentucky.

DEAL STATS #
Overall 12 of 21
Sector (Business Services) 3 of 7
Type (Buyout (LBO, MBO, MBI)) 8 of 12
State (Massachusetts) 1 of 2
Country (United States) 10 of 18
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-30 Ntiva

Mclean, Virginia, United States

Ntiva provides a full suite of outsourced IT services, including onsite support, remote monitoring, cloud services, backup and disaster recovery, and strategic consulting. The company enables its customers to outsource their IT infrastructure, allowing them to improve their performance, reduce costs and enhance security. Ntiva was founded in 2004 and is based in Mclean, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-14 ARC Mechanical

Wilmington, Massachusetts, United States

ARC Mechanical provides services for refrigeration and air conditioning system design, alternative refrigerant evaluation, product freezing/cooling response evaluations, energy studies, and computerized plan performance evaluations. ARC also provides construction and equipment maintenance and repair for other industrial and commercial refrigeration and HVAC needs. ARC Mechanical was founded in 1996 and is based in Wilmington, Massachusetts.

Buy -
Mergr

Product

Company

Legal