M&A Deal Summary

Triangle Capital and Plexus Capital Acquire RCI

On September 3, 2015, private equity firms Triangle Capital and Plexus Capital acquired construction company RCI

Acquisition Highlights
  • This is Triangle Capital’s 2nd and Plexus Capital’s 3rd transaction in the Construction sector.
  • This is Triangle Capital’s 103rd and Plexus Capital’s 63rd transaction in the United States.
  • This is Triangle Capital’s 1st and Plexus Capital’s 4th transaction in Louisiana.

M&A Deal Summary
Date 2015-09-03
Target RCI
Sector Construction
Buyer(s) Triangle Capital
Plexus Capital
Deal Type Recapitalization
Advisor(s) Lenox Hill Capital Advisors (Financial)

Target

RCI

Slidell, Louisiana, United States
RCI is a provider of landscaping maintenance and construction services in the southeastern United States. RRCI was founded in 1976 and is based in Slidell, Louisiana.

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Buyer(S) 2

Buyer

Triangle Capital

Raleigh, North Carolina, United States
Category Private Equity Firm
Founded 2007
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 104 of 114
Sector (Construction) 2 of 2
Type (Recapitalization) 19 of 20
State (Louisiana) 1 of 1
Country (United States) 103 of 112
Year (2015) 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-02 Huron

Lexington, Michigan, United States

Huron is a manufacturer of value-added precision components, primarily bar-turned products and tubular assemblies that are used in automotive engine, transmission, fuel and climate control systems. Huron was established in 1943 and is based in Lexington, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-09 Arrow Building Center

Stillwater, Minnesota, United States

Arrow Building Center is a full service building materials retailer serving Minnesota and Western Wisconsin. Arrow Building Center’s 16 full-service lumberyards, specialty divisions, and new state-of-the-art components manufacturing plant are ready to offer the best quality building products at an affordable price with the personalized, professional service customers have come to expect from Arrow since 1903.

Buy -
Buyer

Plexus Capital

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 2.2B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Plexus Capital is a private equity firm that invests in buyouts, acquisitions, recapitalizations and growth financings in the form of junior and/or equity capital. Plexus focuses on lower middle-market businesses located in the Mid-Atlantic and Southeast areas of the US. The Firm looks for businesses companies in the business services, consumer services, manufacturing, value-added distribution, and healthcare sectors with up to $2 to $15 million of cash-flow. Plexus Capital was formed in 1995 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 63 of 97
Sector (Construction) 3 of 3
Type (Recapitalization) 17 of 25
State (Louisiana) 4 of 4
Country (United States) 63 of 97
Year (2015) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-02 Integra Partners

New York, New York, United States

Integra Partners LLC is a healthcare network manager that connects Orthotics and Prosthetics (O&P) and Durable Medical Equipment (DME) providers with health plans and their patients. Integra Partners was established in 2005 and is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-30 Precision Manufacturing Group

Cedar Grove, New Jersey, United States

Precision Manufacturing Group LLC is a designer and manufacturer of precision electrodeposited nickel bellows, bellows assemblies, flexible shaft couplings, electrical contacts, and lightweight structural electroforms.

Sell -
Mergr

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