M&A Deal Summary

The Cranemere Group Acquires System Pavers

On September 14, 2022, private equity firm The Cranemere Group acquired consumer products company System Pavers

Acquisition Highlights
  • This is The Cranemere Group’s 1st transaction in the Consumer Products sector.
  • This is The Cranemere Group’s 8th transaction in the United States.
  • This is The Cranemere Group’s 4th transaction in California.

M&A Deal Summary

Date 2022-09-14
Target System Pavers
Sector Consumer Products
Buyer(s) The Cranemere Group
Deal Type Buyout (LBO, MBO, MBI)

Target

System Pavers

Santa Ana, California, United States
System Pavers is a direct-to-consumer outdoor remodeling services focused on outdoor living areas and other related services. The Company’s integrated offerings provide a seamless customer experience, including technology-based design, advanced visualization and high-quality installation. System Pavers is based in Santa Ana, California.

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Buyer(S) 1

DESCRIPTION

The Cranmere Group is a private investment firm focused on middle-market company acquisitions in Western Europe and the US. The Firm was formed in 2014 and is based in London.


DEAL STATS #
Overall 10 of 10
Sector: Consumer Products M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 4 of 4
State: California M&A 4 of 4
Country: United States M&A 8 of 8
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 OIA

Franklin, Tennessee, United States

OIA is a provider of outpatient radiology services in partnership with leading health systems across the country. The company today has over 30 locations in over nine states in the Southeast, Mid-Atlantic, and Midwest. Ten locations are wholly owned by OIA, 19 are joint-ventures with health system partners and the remaining locations are where the company has a management and billing contract. It partners with healthcare providers such as health systems, academic medical centers, and radiology groups to develop, market, and operate quality, patient-friendly, service-oriented outpatient imaging centers. OIA centers range from single to full-modality facilities offering PET/CT, MR, CT, ultrasound, mammography, nuclear medicine, bone densitometry (DEXA), and plain film X-ray procedures. OIA was formed in 2000 and is based in Franklin, Tennessee.

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