M&A Deal Summary |
|
|---|---|
| Date | 2024-05-07 |
| Target | Verdantas |
| Sector | Engineering |
| Buyer(s) | Sterling Investment Partners |
| Sellers(s) |
Pine Street Capital Partners
Tuckerman Capital Round Table Capital Management |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 2.9B USD |
| Size | Large |
| Type | Sector Agnostic |
Sterling Investment Partners is a private equity firm that seeks investments in middle-market businesses with strong market share and high growth potential. Sterling looks for companies generating revenues of $50 to $500 million and EBITDA of $15 to $50 million. Sectors of interest include outsourcing/business services, niche manufacturing & industrial, transportation & logistics, unique distribution, technology-related, energy services, and consumer products & services. Sterling Investment Partners dates back to 1991 and is based in Westport, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 32 |
| Sector: Engineering M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 11 of 12 |
| State: Ohio M&A | 3 of 3 |
| Country: United States M&A | 31 of 32 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-20 |
Banner Industries
Danvers, Massachusetts, United States Banner Industries is a distributor of specialty engineered high purity and industrial flow components, equipment, and services to the semiconductor market, with additional exposure to life sciences, food and beverage, and other industrial end uses. Banner Industries was founded in 1985 and is based in Danvers, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-12 |
PROtect
Wichita, Kansas, United States PROtect provides non-destructive testing, safety, industrial hygiene, environmental and insurance services to over 200 customers across the U.S. PROtect’s services, the majority of which are federally mandated, help clients mitigate business risks and maintain compliance with regulations. PROtect was established in 2007 and is based in Wichita, Kansas. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 425M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Pine Street Capital Partners provides mezzanine capital to small and medium-sized private and public companies. PSCP will consider investments from $3 to $15 million in companies generating at least $10 million of sales. Target sectors include manufacturing, business services, consumer products, healthcare and media. PSCP prefers investments in the Northeast and Mid-Atlantic regions of the US, but will consider opportunities nationwide. Investment funds are typically used to support strategic acquisitions, growth, management and employee buyouts, and leveraged recapitalization. PSCP will not invest in the real estate, biotech and oil & gas industries. Pine Street Capital Partners was formed in 2004 and is based in Albany, New York.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 18 |
| Sector: Engineering M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 5 of 6 |
| State: Ohio M&A | 2 of 2 |
| Country: United States M&A | 16 of 18 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-18 |
ChemArt
Lincoln, Rhode Island, United States ChemArt is a custom manufacturer of premium brass Christmas ornaments. ChemArt was founded in 1976 and is based in Lincoln, Rhode Island. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-09 |
Monument Advocacy
Washington, District of Columbia, United States Monument Advocacy is a bipartisan government relations and public affairs firm offering comprehensive government relations, strategic communications, public affairs, and digital services. Monument Advocacy was founded in 2006 and is based in Washington, Washington DC. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| Size | Small |
| Type | Sector Focused |
Tuckerman Capital is a private investment firm that targets smaller manufacturing companies, with a special interest in businesses that manufacture highly-engineered, non-commodity products across a broad range of industries. Tuckerman will also consider investments in niche service and distribution businesses. Tuckerman relies on deal partners to help source potential transactions. Tuckerman Capital was founded in 2001 and is based in Hanover, New Hampshire.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 14 |
| Sector: Engineering M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 4 of 4 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 14 of 14 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-13 |
TRS Global Services
Houston, Texas, United States TRS Global Services provides repair services on a wide range of turbines in a variety of applications. It is specialized in providing component repair and manufacturing processes for industrial, aeroderivative and aircraft gas turbines. TRS Global Services is based in Houston, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-01 |
Mechanical Concepts
Shreveport, Louisiana, United States Mechanical Concepts is a HVAC solutions provider offering commercial and industrial equipment, services, and parts across North Louisiana, East Texas, and South Arkansas. Mechanical Concepts was founded in 2007 and is based in Shreveport, Louisiana. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2017 |
| Size | Small |
| Type | Sector Agnostic |
RTC Partners is a growth-focused private equity firm focused on lower-middle market companies. The Firm looks to invest between $1 to $15 million. Prospective transaction types include management buyouts and growth financings. Sectors of interest include business services, digital media, engineering, IT, internet software and services, marketing, and media. RTC Partners was formed in 2017 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Engineering M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-06 |
Comm
Framingham, Massachusetts, United States Comm is a marketing agency that specializes in digital marketing strategy, demand generation, account-based marketing, and marketing technology solutions. The agency provides a range of in-demand marketing services, including branding, creative, media strategy and buying, digital, lead generation, web development, and social media to B2B, B2B2C, and B2C clients. It possesses experience in high-growth and high-value business categories such as cybersecurity, SaaS, health tech, financial services, manufacturing tech, and retail. Comm was formed in 1994 and is based in Framingham, Massachusetts. |
Buy | - |
