Investment Summary |
|
|---|---|
| Date | 2017-12-20 |
| Target | Potter Electric |
| Sector | Technology Hardware |
| Investor(s) | Gryphon Investors |
| Sellers(s) |
Parkway Capital
Gateway City Capital Investors Two Rivers Associates Midwest Mezzanine Funds |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams (Financial) Bryan Cave Leighton Paisner (BCLP) (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 9.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Gryphon Investors is a private equity firm focused on making $50 to $500 million of equity or equity-linked investments in middle-market companies. Target transaction situations include traditional buyouts, leveraged build-ups, and growth financings. Gryphon will consider both control and shared-control positions. Sectors of interest include business services, consumer, retail, automotive, chemicals, general manufacturing, healthcare, and hotels. Gryphon Investors was formed in 1995 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 76 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 8 of 25 |
| State: Missouri M&A | 1 of 1 |
| Country: United States M&A | 38 of 75 |
| Year: 2017 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-06 |
Ob Hospitalist Group
Greenville, South Carolina, United States Ob Hospitalist Group is a provider of 24/7 obstetric coverage, serving approximately 200 hospitals across 34 states. OBHG’s national network of over 1,100 skilled and dedicated obstetric physicians provides critical care while improving patient safety and clinical outcomes. The Company’s specialized services benefit patients, physicians, payors, community OB/GYN groups, and hospitals, and supports long‐term growth for its partners. Ob Hospitalist Group was founded in 2006 and is based in Greenville, South Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-12 |
Matrixx Initiatives
Bridgewater, New Jersey, United States Matrixx Initiatives, Inc. manufactures and markets Zicam® brand OTC products, including its clinically proven ZICAM® Cold Remedy Nasal Spray and Swab, ZICAM® Cold Remedy RAPIDMELTS®, ZICAM® Cold Remedy Medicated Fruit Drops, ZICAM® Extreme Congestion Relief, and ZICAM® Intense Sinus Relief. Matrixx Initiatives is based in Bridgewater, New Jersey. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Parkway Capital is the mezzanine finance unit of Calvert Street Partners. Parkway's investments typically take the form of subordinated debt, which can be combined with a junior secured loan or preferred stock. If an opportunity calls for common equity, Parkway can also co-invest with other shareholders. Parkway looks to commit $3 to $12 million of capital per transaction in companies with at least $10 million in revenue and EBITDA in excess of $2 million. Funds are generally used to support business expansions, corporate acquisitions, leverage buyouts, recapitalization, ownership transfers, and 'wealth diversification'. Parkway Capital was formed in 2000 and became a unit of Calvert Street in 2019.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 13 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 5 of 5 |
| State: Missouri M&A | 1 of 1 |
| Country: United States M&A | 11 of 13 |
| Year: 2017 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-30 |
Westone Laboratories
Colorado Springs, Colorado, United States Westone Laboratories, Inc. is a designer and manufacturer of high-quality hearing healthcare and in-ear audio solutions, with products ranging from hearing protection devices and audiology supplies to custom hearing aid earpieces and high-fidelity earphones. Westone Laboratories was founded in 1959 and is based in Colorado Springs, Colorado. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-19 |
Incorp
Evansville, Indiana, United States Incorp is a provider of insulation, scaffolding, and other multi-craft services in electric generation, agricultural, water and water treatment, and pulp and paper facilities. Incorp was founded in 1996 and is headquartered in Evansville, Indiana. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 50M USD |
| Size | Small |
| Type | Sector Agnostic |
Gateway City Capital Investors LLC is a private equity firm specializing in control and non-control investments in lower middle market Midwestern companies. Gateway targets growth businesses with positive cash-flows, attractive operating margins, defensible market positions, and diverse customers. The Firm looks to invest up to $10 million in transactions valued up to $50 million. Broad areas of interest include food/beverages, industrial and consumer products manufacturing, value-added distributions and business services. Prospective transaction types include LBOs, MBOs, recapitalizations, acquisition financings, growth capital financings, and corporate divestitures. Gateway City Capital Investors LLC was formed in 2007 and is based in Carlyle, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 3 |
| State: Missouri M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-08-13 |
Vantage Group
Vancouver, British Columbia, Canada Vantage Group is a privately held airport developer, manager, and investor with a history at more than 30 airports around the world. The company’s current network comprises 10 airports, ranging from small destinations to large capital cities in Canada, the U.S., Jamaica, The Bahamas, and Cyprus. Vantage’s portfolio includes two major projects in New York: the redevelopment and management of Terminal B at LaGuardia Airport, and the company’s partnership with Jet Blue Airways in the planned redevelopment and management of Terminals 6 and 7 at JFK International Airport. Vantage Group was founded in 1994 and is based in Vancouver, British Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-04 |
Vantage Group
Vancouver, British Columbia, Canada Vantage Group is a privately held airport developer, manager, and investor with a history at more than 30 airports around the world. The company’s current network comprises 10 airports, ranging from small destinations to large capital cities in Canada, the U.S., Jamaica, The Bahamas, and Cyprus. Vantage’s portfolio includes two major projects in New York: the redevelopment and management of Terminal B at LaGuardia Airport, and the company’s partnership with Jet Blue Airways in the planned redevelopment and management of Terminals 6 and 7 at JFK International Airport. Vantage Group was founded in 1994 and is based in Vancouver, British Columbia. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Size | Middle-Market |
| Type | Sector Agnostic |
Two Rivers Associates (TRA) is a fundless private equity firm focused on lower middle market transactions. TRA is the successor firm to Gateway Associates. The firm prefers to work with closely held private companies seeking full or partial liquidity, or orphaned divisions/subsidiaries of larger public companies. Sectors of interests range from industrial components, systems and automation to business services. Two Rivers Associates is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Missouri M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-15 |
Potter Electric
St. Louis, Missouri, United States Potter Electric is a designer and manufacturer of mission-critical specialty electronic and electromechanical products for the fire safety industry. Potter Electric was founded in 1898 and is based in St. Louis, Missouri. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Midwest Mezzanine Funds (MMF) is a provider of junior capital to lower middle-market, US and Canadian companies. MMF looks to invest $4 to $15 million to support buyouts, acquisition financings, recapitalizations, and growth capital needs. Prospective companies generally have consistent profits ($3 million of EBITDA), low capital intensity, and sustainable competitive advantages. Broad areas of interest include manufacturing, value-added distribution, and services. MMF will not invest in high technology, energy, or real estate. Midwest Mezzanine was formed in 1992 and has offices in Chicago and Monroe, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 58 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 19 of 25 |
| State: Missouri M&A | 2 of 2 |
| Country: United States M&A | 39 of 57 |
| Year: 2017 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-05 |
Randazzo Mechanical Heating & Cooling
Macomb, Michigan, United States Randazzo Mechanical Heating & Cooling is a provider of non-discretionary, residential heating, ventilation, and air conditioning replacement and maintenance services. Randazzo Mechanical Heating & Cooling is based in Macomb, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-08 |
Connecticut Electric
Anderson, Indiana, United States Connecticut Electric is a designer, manufacturer, and distributor of specialty electrical components that are sold through electrical distributors, hardware stores, and home improvement retailers. Connecticut Electric, Inc. products include proprietary branded circuit breakers as well as manual transfer switches, spa panels, and HVAC whips and disconnects. Connecticut Electric was founded in 1906 and is based in Anderson, Indiana. |
Buy | - |
