M&A Deal Summary |
|
|---|---|
| Date | 2024-01-04 |
| Target | Michelli Weighing & Measurement |
| Sector | Test/Measurement Equipment |
| Buyer(s) |
Summit Park
Stellus Capital Management |
| Deal Type | Recapitalization |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 245M USD |
| Size | Small |
| Type | Sector Agnostic |
Summit Park Partners is a private investment firm that acquires lower middle-market companies. Summit Park looks for profitable, established businesses in consumer services, business services, value-added distribution, and light manufacturing. The Firm targets businesses with revenues of $20 to $150 million and EBITDA between $4 and $15 million. Prospective transaction types include recapitalizations, management buyouts, family successions, corporate divestitures, and industry consolidations. Summit's geographic preference is within the Southeast and Mid-Atlantic US. Summit Park was formed in 2005 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 25 |
| Sector: Test/Measurement Equipment M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 16 of 18 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 22 of 24 |
| Year: 2024 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-05 |
Parkline
Eleanor, West Virginia, United States Parkline. is a manufacturer of highly engineered, site-erected and modular metal buildings utilized for a variety of applications in the electrical utility, oil and gas transmission and distribution, wind energy, self-storage, wastewater treatment, and telecommunications industries. Parkline was founded in 1973 and is based in Eleanor, West Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-01 |
United Air Temp
Lorton, Virginia, United States United Air Temp is a provider of residential heating, ventilation, and air conditioning (HVAC) services to residential homeowners. United Air Temp was founded in 1931 and is headquartered in Lorton, Virginia. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Stellus Capital Management is a provider of debt and equity capital to middle-market companies headquartered throughout the US and Canada. For credit commitments, Stellus looks to provide $10 to $50 million of capital to help support buyouts, acquisitions, recapitalization, growth opportunities, rescue financing, distressed situations, as well as bridge loans. Sectors' of interest for Stellus' credit practice includes business services, energy, general industrial, government, healthcare, software and specialty finance. Stellus' equity practice seeks to provide $20 to $100 million to small and mid-sized energy (upstream, oilfield services, midstream) companies. Stellus Capital was originally formed in 2004 as Laminar Direct Capital and operated as the direct investing unit of D.E. Shaw. The Group became independent in 2012. Stellus has offices in Houston, New York City, and Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 63 of 86 |
| Sector: Test/Measurement Equipment M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 10 of 10 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 62 of 83 |
| Year: 2024 M&A | 1 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-20 |
Guidant
Houston, Texas, United States Guidant provides liquid meters, integrated load management metering systems and related digital solutions involved in materials transfer through infrastructure. Guidant is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-22 |
evolv
Dallas, Texas, United States evolv is a data-driven digital and business consulting firm that serves enterprise clients by bringing a fresh perspective to navigating the shift to a data-driven business and technology landscape. The company specializes in a comprehensive suite of services, including business strategy, data & analytics, and digital transformation. evolv is based in Dallas, Texas. |
Buy | - |
