M&A Deal Summary

Teakwood Capital Acquires Long Range Systems

On March 2, 2012, private equity firm Teakwood Capital acquired technology hardware company Long Range Systems

Acquisition Highlights
  • This is Teakwood Capital’s 1st transaction in the Technology Hardware sector.
  • This is Teakwood Capital’s 9th transaction in the United States.
  • This is Teakwood Capital’s 7th transaction in Texas.

M&A Deal Summary
Date 2012-03-02
Target Long Range Systems
Sector Technology Hardware
Buyer(s) Teakwood Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Long Range Systems

Dallas, Texas, United States
Long Range Systems offers communications and paging solutions used to drive operational efficiencies at places of business. The company operates in over 20 business verticals and is best known for its patented "coaster pager" that most people have received when waiting for a table or an order at a restaurant. Long Range Systems was founded in 1993 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Teakwood Capital

Dallas, Texas, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

Teakwood Capital is a private investment firm that invests in profitable, Southern-US based companies with up to $25 million in revenue. Teakwood generally seeks to fund growth capital needs and management buyouts, and seeks to commit at least $2 million of equity per transaction. Teakwood will not invest in early-stage financings, energy exploration, restaurants, or real estate, but the Firm will consider both control and non-control investment situations. Teakwood Capital was formed in 2005 and is based in Dallas, Texas.

DEAL STATS #
Overall 9 of 15
Sector (Technology Hardware) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 7 of 7
State (Texas) 7 of 11
Country (United States) 9 of 15
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 Clockwork Solutions

Austin, Texas, United States

Clockwork Solutions, Inc. delivers technology solutions that maximize capital asset availability while minimizing life-cycle operations and maintenance costs. Equipment downtime is reduced, inventory is minimized and better positioned, system-wide asset availability is increased and new opportunities to improve profitability are identified. CSI has saved billions of dollars for its clients in the Aerospace & Defense, Power/Energy Production, and Process markets. Clockwork Solutions was founded in 1983 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-08 The Whitley Printing Company

Austin, Texas, United States

The Whitley Printing Company is a leading Austin commercial printer, serving the higher education market. It was formerly a division of TWG Solutions LLC, has been sold to another commercial printing company with a national footprint.

Sell -
Mergr

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