Investment Summary

Sverica and Balance Point Capital Partners Invest In SG Homecare

On June 10, 2022, growth capital firm Sverica and mezzanine finance firm Balance Point Capital Partners invested in medical products company SG Homecare

Investment Highlights
  • This is Sverica’s 2nd and Balance Point Capital Partners’ 1st transaction in the Medical Products sector.
  • This is Sverica’s 36th and Balance Point Capital Partners’ 36th transaction in the United States.
  • This is Sverica’s 8th and Balance Point Capital Partners’ 4th transaction in California.

Investment Summary

Date 2022-06-10
Target SG Homecare
Sector Medical Products
Investor(s) Sverica
Balance Point Capital Partners
Deal Type Growth Capital

Target

SG Homecare

Tustin, California, United States
SG Homecare provides DME, disposable medical supplies, and related services (including custom rehab, wound care, and O&P products) throughout California. SG Homecare was founded in 2001 and is based in Tustin, California.

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Investor(S) 2

Investor

Sverica

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2001
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Sverica Capital Management is a private equity firm that invests in stable or growing, smaller companies with valued less than $250 million. Sverica looks to commit $25 to $75 million per transaction and primarily targets buyout or divestiture situations and avoids businesses in need of restructuring. Broad areas of interest include IT, business services, healthcare, light manufacturing, and industrials. The Firm generally seeks majority control investments, but will also selectively consider minority situations. Sverica Capital Management was formed in 2001 and has offices in Boston and San Francisco.


DEAL STATS #
Overall 40 of 47
Sector: Medical Products M&A 2 of 2
Type: Growth Capital M&A Deals 14 of 21
State: California M&A 8 of 10
Country: United States M&A 36 of 43
Year: 2022 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-09 ShadowDragon

Cheyenne, Wyoming, United States

ShadowDragon provides publicly accessible information (PAI) and open-source intelligence (OSINT) software, data, and training to enable customers to prevent and attribute actions of threat actors in both the physical and digital world. ShadowDragon’s solutions are used by hundreds of businesses, as well as intelligence and law enforcement organizations around the world. ShadowDragon was formed in 2013 and is based in Cheyenne, Wyoming.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 Omeda

Chicago, Illinois, United States

Omeda is a software-as-a-service audience relationship management platform built for media professionals allowing them to acquire, unify, manage and activate their data. The Company provides a real-time, single view of an organization’s audience through 24/7 data storage, data management, data matching and data activation. Omeda was founded in 1978 and is based in Chicago, Illinois.

Buy -
Investor

Balance Point Capital Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2007
PE ASSETS 1.7B USD
Size Small
Type Sector Agnostic
DESCRIPTION

Balance Point Capital Advisors is a provider of equity and debt capital to middle-market US-based companies. The Firm looks to invest $5 to $30 million in companies generating $10 $150 million in revenue. The Firm invest in the range of $15 to $75 million with and enterprise value of $10 to $150 million. Funds are used to support a variety of needs, including private equity sponsored buyouts, strategic acquisitions, refinancing's, management buyouts, leveraged recapitalizations, and growth capital financing needs. Balance Point Capital is based in Westport, Connecticut.


DEAL STATS #
Overall 36 of 47
Sector: Medical Products M&A 1 of 2
Type: Growth Capital M&A Deals 21 of 28
State: California M&A 4 of 6
Country: United States M&A 36 of 45
Year: 2022 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-07 Apollo Intelligence

Watertown, Massachusetts, United States

Apollo Intelligence is a provider of real-time data and insights to the healthcare and life science industries. The Apollo platform launched with its acquisition of InCrowd, a pioneer of real-time, automated insights for the life science industry, as the founding company. Apollo Intelligence was founded in 2019 and is based in Watertown, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Budderfly

Shelton, Connecticut, United States

Budderfly is a provider of guaranteed energy savings with no out-of-pocket costs for business through a unique Energy Efficiency-as-a-Service solution. Budderfly provides all the technology, 100% of the investment in efficiency upgrades, and the expertise to deliver the most energy-efficient, highest savings solution without the project risks or the frustration of competing for financial tradeoffs. Budderfly was founded in 2007 and is based in Shelton, Connecticut.

Sell -