M&A Deal Summary |
|
|---|---|
| Date | 2021-11-10 |
| Target | Ledge Lounger |
| Sector | Furniture |
| Buyer(s) |
Summit Park
Stellus Capital Management Digital Fuel Capital |
| Deal Type | Recapitalization |
| Advisor(s) | Jefferies (Financial) Akin Gump Strauss Hauer & Feld (Legal) |
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 | 19 of 25 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 12 of 18 |
| State: Texas M&A | 3 of 4 |
| Country: United States M&A | 18 of 24 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-13 |
Fast Growing Trees
Fort Mill, South Carolina, United States Fast Growing Trees is an operator of trees and shrubs and offers consumers a broad variety of high-quality trees and shrubs through its websites fast-growing-trees.com and brighterblooms.com. Fast Growing Trees was founded in 2006 and is based in Fort Mill, South Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-07 |
Artifact Uprising
Denver, Colorado, United States Artifact Uprising provides modern, well-crafted printed photo products such as albums, books and gifts made with a focus on elevated design and sustainable materials. Artifact Uprising was founded in 2012 and is based in Denver, Colorado. |
Buy | - |
| 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 | 31 of 86 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 7 of 10 |
| State: Texas M&A | 7 of 16 |
| Country: United States M&A | 31 of 83 |
| Year: 2021 M&A | 11 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-01 |
ArborWorks
Oakhurst, California, United States ArborWorks is a professional tree care firm that specializes in utility line clearance and vegetation management in the western United States. ArborWorks was founded in 2003 and is based in Oakhurst, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-04 |
Watterson
Schaumburg, Illinois, United States Watterson provides facility management, environmental and emergency and disaster response services to a national base of blue-chip customers. Watterson is based in Schaumburg, Illinois. |
Buy | - |
Digital Fuel Capital is a private investment firm focused on investing in and acquiring companies involved in digital marketing. This includes e-commerce, digital marketing service companies, and advertising/marketing technology companies. Digital Fuel was established in 2015 and is headquartered in Newton, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 18 |
| Sector: Furniture M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 2 of 2 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 16 of 17 |
| Year: 2021 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-10 |
RugsUSA
Cranbury, New York, United States RugsUSA helps customers turn their houses into homes, offering a stunning array of rug styles, materials, and sizes to suit every design need and budget. With an expansive selection of rugs and home décor products, attractive price points, seamless online shopping experience, and best-in-class fulfillment and customer care, the company is an experienced e-commerce pioneer and rug industry leader, with over eight million rugs sold to nearly two million homes. RugsUSA was founded in 1998 and is based in Cranbury, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-22 |
Renovation Brands
Florence, Alabama, United States Renovation Brands is a distributor and retailer of electric fireplaces, electric heating appliances, customized fireplace mantels, and outdoor heating products. Renovation Brands was founded in 2002 and is based in Florence, Alabama. |
Sell | - |
