M&A Deal Summary |
|
|---|---|
| Date | 2023-02-27 |
| Target | USG Water Solutions |
| Sector | Utilities |
| Buyer(s) |
Turnspire Capital Partners
Backcast Partners |
| Sellers(s) | Veolia North America |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2013 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Turnspire Capital Partners is a private investment firm focused on acquiring North American companies that have reached 'strategic, operational, or financial inflection points' with their business and could benefit from a hands-on investor. Turnspire will consider a variety of transaction situations, including special situations, corporate carve-outs, and family transitions. Sectors of interest include aerospace/defense, automotive, machinery, chemicals, consumer, building materials, food/beverages, logistics, metals, packaging, and plastics. Prospective companies generally have revenues of $50 to $400 million. Turnspire Capital Partners was formed in 2013 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 16 |
| Sector: Utilities M&A | 1 of 2 |
| Type: Divestiture M&A Deals | 6 of 8 |
| State: Georgia M&A | 1 of 2 |
| Country: United States M&A | 9 of 15 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-11 |
UPG
Houston, Texas, United States UPG is a provider of precision-engineered plastic injection molded products, program management, product integration, and value-added services primarily for the medical, data center, and industrial end markets.UPG provides customers with high-quality, low-cost, end-to-end solutions that meet or exceed all customer requirements and industry standards. UPG was founded in 1954 and is based in Houston, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-07 |
Ashland Nutraceuticals
Wilmington, Delaware, United States Ashland Nutraceuticals is a provider of proprietary nutrition ingredients and custom formulation services that supplies a broad portfolio of both active ingredients and formulation aids to nutritional product companies. Ashland Nutraceuticals is based in Wilmington, Delaware. |
Buy | - |
Backcast Partners is a private investment firm focused on providing debt and equity financing solutions to mid-sized companies with $10 to $50 million in revenue. Backcast invests in businesses owned or backed by private equity firms, as well as businesses owned by families, management teams, or others. Investment proceeds are typically used for acquisitions, strategic and growth initiatives, or simply to refinance existing capital structures. Backcast Partners was formed in 2016 and is headquartered in Millburn, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Georgia M&A | 1 of 1 |
| Country: United States M&A | 7 of 8 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-01 |
Arcticom Group
Walnut Creek, California, United States Arcticom Group is a network of commercial and industrial refrigeration companies that provide HVACR service/maintenance across the Western United States and installation services throughout North America. Arcticom Group is based in Walnut Creek, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-21 |
Capezio
Totowa, New Jersey, United States Capezio is a dancewear brand that designs and manufactures premium and highly technical footwear, apparel, and accessories that support dancers and athletes of all ages to practice, compete, and perform. Capezio was formed in 1887 and is headquartered in Totowa, New Jersey. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Environmental |
Veolia North America LLC is a designer and provider of water, waste and energy management solutions that contribute to the sustainable development of communities and industries.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 3 |
| State: Georgia M&A | 1 of 1 |
| Country: United States M&A | 2 of 3 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-17 |
Energenix Co.
Salem, Massachusetts, United States Energenix Co., Inc. is a utility meter reading and billing service provider. Energenix is based in Salem, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-31 |
U.S. Industrial Technologies
Livonia, Michigan, United States U.S. Industrial Technologies is a provider of total waste and recycling services that has managed industrial waste streams for automakers as well as other large manufacturers, medium and small businesses and governments and municipalities. U.S. Industrial Technologies was formed in 1996 and is based in Livonia, Michigan. |
Buy | - |