M&A Deal Summary

Tenth Street Capital Acquires Sdr Trucking

On January 1, 2016, mezzanine finance firm Tenth Street Capital acquired transportation company Sdr Trucking

Acquisition Highlights
  • This is Tenth Street Capital’s 2nd transaction in the Transportation sector.
  • This is Tenth Street Capital’s 29th transaction in the United States.
  • This is Tenth Street Capital’s 4th transaction in Tennessee.

M&A Deal Summary
Date 2016-01-01
Target Sdr Trucking
Sector Transportation
Buyer(s) Tenth Street Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Sdr Trucking

Memphis, Tennessee, United States
Sdr Trucking is an operator of a transportation company focused on handling time-sensitive loads such as air cargo, alcoholic and non-alcoholic beverages. Sdr Trucking was founded in 2006 and is based in Memphis, Tennessee.

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Buyer(S) 1

Buyer

Tenth Street Capital

Chattanooga, Tennessee, United States

Investor Investor

Category Mezzanine Finance Firm
Founded 2005
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Tenth Street Capital is an independent investment firm that seeks to invest in lower middle-market companies operating in a broad range of industries. The Firm provides mezzanine and equity co-investments to profitable businesses with strong market positions and diverse customers. Areas of interest include manufacturing, distribution, and services. Investment proceeds are generally used to support acquisitions, buyouts, and recapitalizations. Tenth Street Capital was formed in 2005 and is based in Chattanooga, Tennessee.

DEAL STATS #
Overall 29 of 35
Sector (Transportation) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 22 of 25
State (Tennessee) 4 of 5
Country (United States) 29 of 35
Year (2016) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Venom

Rathdrum, Idaho, United States

Venom is engaged in the design, development, marketing and wholesale distribution of cutting-edge rechargeable batteries, battery management systems (BMS) and related battery charging and maintenance accessories used in the operation of drones, UAVs, robotics, and radio controlled models. Venom was formed in 2001 and is based in Rathdrum, Idaho.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-29 Colerain RV

Cincinnati, Ohio, United States

Colerain RV is a specialty retailer of recreational vehicles. Colerain RV operates RV dealership, providing sales of new and used RVs, related services, parts, and accessories for RV owners and camping enthusiasts. Colerain RV was founded in 1968 and is based in Cincinnati, Ohio.

Buy -
Mergr

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