M&A Deal Summary |
|
|---|---|
| Date | 2022-12-08 |
| Target | Quality Valve |
| Sector | Distribution |
| Buyer(s) |
The Stephens Group
Audax Private Debt |
| Sellers(s) | Pfingsten Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | BlackArch (Financial) Paul Hastings (Legal) |
SEARCH BY
| Category | Family Office |
|---|---|
| Founded | 1933 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
The Stephens Group is a private investment firm focused on long-term investments in mid-sized companies. The Firm looks to partner with management teams when pursuing acquisitions. Sectors of interest include energy, energy services, business services, industrials, consumer products, consumer services, financial services, healthcare, technology, media, and communications. The Stephens Group was originally established in 1933 and is headquartered in Little Rock, Arkansas.
| DEAL STATS | # |
|---|---|
| Overall | 50 of 53 |
| Sector: Distribution M&A | 4 of 5 |
| Type: Secondary Buyout M&A Deals | 10 of 10 |
| State: Alabama M&A | 1 of 1 |
| Country: United States M&A | 47 of 50 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-04 |
Westrock Coffee
North Little Rock, Arkansas, United States Westrock Coffee is a farmer-focused, fully integrated company providing coffee sourcing and financing, supply chain management, roasting, packaging, and distribution services to customers around the world. Westrock Coffee was founded in 2009 and is based in North Little Rock, Arkansas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-24 |
FloWorks
Houston, Texas, United States FloWorks is a specialty distributor of critical flow control products and a provider of tailored technical solutions for MRO-focused applications. The Company serves customers across chemicals, downstream refining & renewables, high purity & sanitary, and other industrial end markets. Its product categories include valves & automation, corrosion-resistant flow control, rotating equipment, flanges, filters & purifiers, and instrumentation. FloWorks was founded in 1974 and is based in Houston, Texas. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 95 of 120 |
| Sector: Distribution M&A | 7 of 9 |
| Type: Secondary Buyout M&A Deals | 43 of 58 |
| State: Alabama M&A | 1 of 1 |
| Country: United States M&A | 93 of 118 |
| Year: 2022 M&A | 15 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
Ned s Home
Fairfield, New Jersey, United States Ned's Home provides gutter cleaning, soft wash, and other related, non-discretionary residential services, including gutter maintenance, installation, and repair. Ned's Home was founded in 1965 and is based in Fairfield, New Jersey. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-13 |
Amplix
Norwood, Massachusetts, United States Amplix is a provider of technology advisory services and software to more than 2,000 customers across multiple industries, enabling data-driven enhancements to technology decision-making and optimization. The company's advisory services encompass data connectivity, cloud telephony, customer experience, security and managed services, business continuity, cloud optimization, and data center solutions. Amplix was founded in 2011 and is based in Norwood, Massachusetts. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.8B USD |
| Size | Large |
| Type | Sector Agnostic |
Pfingsten Partners is a private equity firm focused on investments in niche manufacturing, distribution, and business services companies. The Firm targets platform companies headquartered in the US although add-on acquisitions can be located outside the US. Prospective companies typically have revenues of $20 to $150 million and EBITDA of $3 to $12 million. Transaction types include private companies undergoing an ownership transition, corporate divestitures, strategic add-ons, and turnarounds. Pfingsten only invests in situations allowing for control. Pfingsten will not invest in real estate, natural resources, highly regulated businesses, retail, restaurants, early-stage companies, or technology. Pfingsten Partners was formed in 1989 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 41 |
| Sector: Distribution M&A | 6 of 6 |
| Type: Secondary Buyout M&A Deals | 16 of 18 |
| State: Alabama M&A | 1 of 1 |
| Country: United States M&A | 39 of 41 |
| Year: 2022 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-09 |
Full Spectrum Group
Laguna Hills, California, United States Full Spectrum Group is an agnostic service provider for laboratory instruments, offering a full range of service contracts, preventative maintenance programs, calibration and validation, repair services, parts, and reconditioned instruments. Full Spectrum Group was founded in 1992 and is based in Pleasanton, California. |
Sell | $110M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-13 |
Tempest
Santa Barbara, California, United States Tempest is a national, multi-vendor provider of telecommunications equipment, repair and maintenance services, third-party logistics support, remote technical services and critical power solutions. The company's products and services are used in the wireless, wireline and rural telecommunications industries to support customer network maintenance, upgrades and expansions, shorten deployment timeframes and lower overall network maintenance costs. Tempest was founded in 2005 and is based in Santa Barbara, California. |
Buy | - |
