Recapitalization • Consumer Products

Svoboda Capital Partners and Prairie Capital Acquire In The Swim

On June 1, 1999, private equity firms Svoboda Capital Partners and Prairie Capital acquired consumer products company In The Swim

Acquisition Context
  • This is Svoboda Capital Partners’ 1st and Prairie Capital’s 2nd transaction in the Consumer Products sector.
  • This is Svoboda Capital Partners’ 2nd and Prairie Capital’s 7th transaction in the United States.
  • This is Svoboda Capital Partners’ 2nd and Prairie Capital’s 2nd transaction in Illinois.
Investment Fate
  • In The Swim was sold to a consortium of financial buyers in 2005.
  • In The Swim was sold to a consortium of financial buyers in 2008.

Explore All 140 Recapitalization Consumer Products Deals - Search the Database Free


M&A Deal Summary

Date June 1, 1999
Target In The Swim
Sector Consumer Products
Buyer(s) Svoboda Capital Partners
Prairie Capital
Deal Type Recapitalization

Target Company

In The Swim

West Chicago, Illinois, United States
In The Swim is a multi-channel direct marketer of swimming pool supplies and equipment to the residential and commercial swimming pool markets in the United States. Products include chemicals, covers and liners, equipment, parts, and accessories, which are sold through a catalog, internet, telesales, retail, and wholesale channels. In The Swim was founded in 1982 and is based in West Chicago, Illinois.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyers Overview 2

Buyer

Svoboda Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 400M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Svoboda Capital Partners is a private equity firm that seeks buyout, recapitalization, and growth capital investments in mid-sized companies with leading market positions, strong customer relationships, and high margins. Svoboda generally looks to invest up to $25 million in businesses generating sales of $10 to $100 million and EBITDA of $3 to $15 million. Sectors of interest include value-added distribution, business services, and consumer products. Svoboda Capital Partners was formed in 1998 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 2 of 47
Sector: Consumer Products 1 of 2
Type: Recapitalization 1 of 9
State: Illinois 2 of 10
Country: United States 2 of 46
Year: 1999 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-09-25 Peiser s

Maywood, Illinois, United States

Peiser's, Inc. is a distributor of disposable medical supplies to home health care providers and, to some extent, direct to consumers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-25 Interline Brands

Jacksonville, Florida, United States

Interline Brands, Inc. is a national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products.

Buy -
Buyer

Prairie Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 525M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Prairie Capital is a private investment firm that provides equity and/or mezzanine capital to support buyouts and recapitalization of lower middle-market companies generating sales of $20 - $100 million with an EBITDA of $4 - $12 million. Areas of interest include niche manufacturers, business services, consumer products, marketing services, specialty chemical, and food businesses. The firm invests in the range of $25 - $45 million per transaction. Prairie Capital was formed in 1997 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 7 of 78
Sector: Consumer Products 2 of 16
Type: Recapitalization 1 of 25
State: Illinois 2 of 11
Country: United States 7 of 76
Year: 1999 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-04-01 Stravina Operating Co.

Chatsworth, California, United States

Stravina Operating Co. LLC is a designer, manufacturer and distributor of personalized impulse-purchase novelty and souvenir items. Stravina specializes in a variety of personalized items that can be customized to specific locations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-02 First Texas Holdings

El Paso, Texas, United States

First Texas Holdings Corp. is a producer of metal detectors for treasure hunting and consumer night vision products.

Buy -