M&A Deal Summary

TEAM Partners Acquires Nexbelt

On May 11, 2022, private equity firm TEAM Partners acquired consumer products company Nexbelt

Acquisition Highlights
  • This is TEAM Partners’ 1st transaction in the Consumer Products sector.
  • This is TEAM Partners’ 3rd transaction in the United States.
  • This is TEAM Partners’ 1st transaction in California.

M&A Deal Summary

Date 2022-05-11
Target Nexbelt
Sector Consumer Products
Buyer(s) TEAM Partners
Deal Type Recapitalization

Target

Nexbelt

Rancho Cucamonga, California, United States
Nexbelt is a provider of ratchet belts and accessories. The company has a comprehensive selection of premium-quality belts targeting enthusiasts in golf, hunting, outdoors, and everyday wear. Nexbelt was founded in 2010 and is based in Rancho Cucamonga, California.

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Buyer(S) 1

DESCRIPTION

TEAM Partners is a private investment firm focused on lower middle-market company acquisitions. Broad areas of interest include industrial products and services, consumer products, retail, and business services. The Firm pursues profitable companies and will consider businesses with up to $100 million in revenue. TEAM Partners was formed in 2011 and is based in Fort Worth, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Consumer Products M&A 1 of 1
Type: Recapitalization M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-02 TAS Environmental Services

Forest Hill, Texas, United States

TAS Environmental Services is a provider of environmental, industrial cleaning, emergency response, waste transportation services and solutions for businesses and communities. TAS Environmental Services was founded in 2004 and is based in Forest Hill, Texas.

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