Investment Summary |
|
|---|---|
| Date | 2025-09-17 |
| Target | Entek |
| Sector | Manufacturing |
| Investor(s) | I Squared Capital |
| Sellers(s) |
Endeavour Capital
True West Capital Partners |
| Deal Type | Secondary Buyout |
| Deal Value | 800M USD |
| Advisor(s) | William Blair (Financial) Troutman Pepper Hamilton Sanders Holland & Knight (Legal) |
SEARCH BY
I Squared Capital is a global infrastructure investment manager focusing on energy, utilities, and transportation assets in North America, Europe, and select high growth economies. I Squared Capital was established in 2012 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 53 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 9 of 10 |
| State: Oregon M&A | 1 of 1 |
| Country: United States M&A | 15 of 16 |
| Year: 2025 M&A | 2 of 3 |
| Size (of disclosed) | 8 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-03 |
Royale Cold Storage
Rizal, Philippines Royale Cold Storage holds a reputation as the largest and highest quality cold chain provider in the Philippines. The company offers clients state-of-the-art mega-facilities and cold storage, including warehouse management, blast freezing, and more. Royale Cold Storage is based in Rizal, Philippines. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-14 |
Liberty Tire Recycling
Pittsburgh, Pennsylvania, United States Liberty Tire Recycling is a provider of tire recycling services in North America. Liberty collects and recycles used tires for innovative, beneficial re-use. The recycled rubber produced by Liberty is used as crumb rubber and industrial feedstock for molded products; as tire-derived fuel for industrial kilns, mills, and power plants; and as rubber mulch for landscaping and playgrounds. The company maintains a network of processing plants and comprehensive, nationwide collection services. Liberty Tire Recycling was formed in 2002 and is based in Pittsburgh, Pennsylvania. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 925M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Endeavour Capital LLC is a private equity firm that targets service and manufacturing companies headquartered in the Western United States. Endeavour looks to invest with and an enterprise value of $25 -$250 million with an EBITDA of $5-$50 million. Prospective companies are generally profitable with at least $5 million of EBITDA. Supported investment situations include growth capital financings, industry consolidations, management acquisitions, recapitalizations, and ownership transfers. The firm invests in the range of $25-$150 million per transaction. Areas Endeavour will not invest include real estate and emerging technology. Endeavour Capital was formed in 1991 and is based in Portland, Oregon with additional offices in Seattle, Washington, and Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 35 |
| Sector: Manufacturing M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 13 of 13 |
| State: Oregon M&A | 8 of 8 |
| Country: United States M&A | 34 of 34 |
| Year: 2025 M&A | 3 of 3 |
| Size (of disclosed) | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-15 |
FMI Aerostructures
Valencia, California, United States FMI Aerostructures is a manufacturer of critical structural components and assemblies for the aerospace and defense industry. With 230,000 square feet under roof and over 130 active spindles, FMI Aerostructures is one of the largest independent A&D manufacturing businesses in North America. FMI Aerostructures was founded in 1978 and is based in Valencia, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-07 |
Mallory Alexander
Memphis, Tennessee, United States Mallory Alexander is a full‑service logistics provider with deep expertise in freight forwarding, warehousing and distribution, customs brokerage, and specialized white‑glove and project cargo services. Mallory Alexander was founded in 1925 and is based in Memphis, Tennessee. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Agnostic |
True West Capital Partners is a private investment firm focused on lower middle-market company investments in the Western US. The Firm looks to commit $5 to $25 million into profitable businesses to support acquisitions, growth initiatives, buyouts, recapitalizations, and refinancings. True West does not have any sector preferences, but does avoid real estate, startups and project financings. True West Capital Partners was formed in 2009 and is headquartered in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| State: Oregon M&A | 1 of 1 |
| Country: United States M&A | 7 of 7 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-21 |
Ellison Bakery
Fort Wayne, Indiana, United States Ellison Bakery is a producer of cookies, snack bars, crunch and inclusion, and other products for the industrial market, foodservice industry, and retail and private label space. Ellison Bakery was founded in 1945 and is based in Fort Wayne, Indiana. |
Sell | - |
