Secondary Buyout • Energy Services and Equipment

Thompson Street Capital Partners Acquires ZymeFlow

On December 31, 2014, private equity firm Thompson Street Capital Partners acquired energy services and equipment company ZymeFlow from Peninsula Capital Partners

Acquisition Context
  • This is Thompson Street Capital Partners’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Thompson Street Capital Partners’ 29th transaction in the United States.
  • This is Thompson Street Capital Partners’ 2nd transaction in Texas.
Investment Fate
  • ZymeFlow was sold to a consortium of financial buyers in 2023.

Explore All 173 Secondary Buyout Energy Services and Equipment Deals - Search the Database Free


M&A Deal Summary

Date December 31, 2014
Target ZymeFlow
Sector Energy Services and Equipment
Buyer(s) Thompson Street Capital Partners
Sellers(s) Peninsula Capital Partners
Deal Type Secondary Buyout
Advisor(s) GulfStar Group (Financial)

Target Company

ZymeFlow

Houston, Texas, United States
ZymeFlow engages in the decontamination of hydrocarbon process equipment for entry, inspection, and maintenance including hot work. The exclusive ZymeFlow Process uses proprietary chemistry and application to achieve vessel entry in 8-12 hours. This unparalleled process prepares equipment for entry by simultaneously de-oiling while eliminating pyrophoric iron sulfide (FeS), hydrogen sulfide (H2S), benzene, and other explosive gases (LELs). ZymeFlow was founded in 2002 and is based in Houston, Texas.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Thompson Street Capital Partners

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Thompson Street Capital Partners is a private equity firm that targets control stakes in profitable, mid-sized North American companies with $5 to $50 million of EBITDA. Thompson Street looks for family businesses, private companies seeking liquidity, corporate divestitures, and public companies going private. Areas of interest include healthcare services, business services, electronics, information technology, and engineered products companies. Thompson Street will not consider investments in start-ups, early stage companies, or real estate. Thompson Street Capital was founded in 2000 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 29 of 75
Sector: Energy Services and Equipment 2 of 2
Type: Secondary Buyout 9 of 18
State: Texas 2 of 2
Country: United States 29 of 74
Year: 2014 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 EchoSat

Lexington, Kentucky, United States

EchoSat, Inc. provides payment security, managed firewall and network solutions for retail outlets in many vertical markets, as well as managed network and firewall services to protect point-of-sale systems from security breaches. EchoSat is a Level 1 compliant PCI-DSS Service Provider and has developed a powerful set of PCI-DSS compliant data security and network control systems designed to ensure critical data is protected and reliably delivered. These products are geographically redundant to maximize availability. EchoSat was formed in 1973 and is based in Lexington, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-26 Infinity Behavioral Health Services

Lauderdale Lakes, Florida, United States

Infinity Behavioral Health Services is a provider of revenue cycle management services for the behavioral health industry. Infinity Behavioral Health Services is based in Lauderdale Lakes, Florida.

Buy -

Seller Profile 1

SELLER

Peninsula Capital Partners

Southfield, Michigan, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1995
PE ASSETS 1.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Peninsula Capital Partners is an investment group focused on providing a range of financing solutions to middle-market companies. The Firm is willing to be a minority or control investor and invests across the capital structure. This includes subordinated debt, preferred or common stock. For mezzanine commitments, Peninsula looks to invest $5 to $40 million. For equity transactions, Peninsula looks to invest $2 to $20 million. Peninsula is a generalist investor. Target sectors include manufacturing, industrial service, distribution, consumer products, professional services, retail, applied technology, transportation, food processing and packaging. Peninsula Capital Partners was formed in 1995 and is based in Detroit, Michigan.


Deal Context for Seller #
Overall 29 of 49
Sector: Energy Services and Equipment 2 of 2
Type: Secondary Buyout 6 of 16
State: Texas 3 of 3
Country: United States 27 of 46
Year: 2014 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-13 Seaboard Box

Westminster, Massachusetts, United States

Seaboard Box is the premier provider of folding cartons in the northeastern United States serving customers desiring quality production and highly responsive customer service. Seaboard Box is based in Westminster, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-01 On Location

Mount Laurel, New Jersey, United States

On Location is a provider of labor-management needs (install and dismantle) for exhibits (e.g. tradeshows), events (e.g. annual meetings) and environments (e.g. lobby buildouts) for exhibits, events, and environments that deliver a positive Return on Experience (ROE) for customers. On Location was founded in 1991 and is based in Mount Laurel, New Jersey.

Buy -