M&A Deal Summary |
|
|---|---|
| Date | 2014-08-21 |
| Target | Onelife Fitness |
| Sector | Consumer Services |
| Buyer(s) | US Fitness |
| Sellers(s) |
PNC Mezzanine Capital
CMS Mezzanine |
| Deal Type | Add-on Acquisition |
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US Fitness develops large multi-purpose clubs under their Onelife Fitness brand and Crunch clubs in the Mid-Atlantic. Onelife Fitness clubs are typically large full service facilities with multiple group fitness studios, strength and cardio equipment, racquetball, basketball, pools, and extensive kid's club areas. US Fitness was founded in 2011 and is based in McLean, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Consumer Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Virginia M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
PNC Mezzanine Capital is the subordinated debt investing arm of PNC Bank. PNC Mezzanine looks to provide $10 to $50 million of junior capital to middle-market companies in a variety of industries. Prospective companies generally have revenues of $20 million and EBITDA greater than $4 million. Broad sectors of interest include niche manufacturing, value-added distribution, and business or consumer services. PNC will not invest in early-stage or technology-driven businesses; real estate, commodity-based or capital-intensive companies; businesses with high customer or vendor concentration; or declining businesses. PNC Mezzanine was formed in 1989 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 50 |
| Sector: Consumer Services M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 5 of 15 |
| State: Virginia M&A | 1 of 2 |
| Country: United States M&A | 19 of 48 |
| Year: 2014 M&A | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-01 |
Reliable Parts
Coquitlam, British Columbia, Canada Reliable Parts is a distributor of appliance parts, appliance accessories, filters, detergents, and related products in Northwestern U.S. and across Canada. Reliable has 6 distribution centers across North America, 46 additional branch locations and serves as a full-service, authorized parts supplier of leading manufacturers including Whirlpool, General Electric, and Electrolux. Reliable Parts was founded in 1933 and is based in Coquitlam, British Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-18 |
Vision-Ease Lens
Ramsey, Minnesota, United States Vision-Ease Lens, Inc. (Vision Ease) is a developer, manufacturer and marketer of ophthalmic lenses. It offers photochromic, light-responsive, polarized, and progressive line-free lenses; and lenses in polycarbonate, plastic, and glass materials. |
Sell | - |
CMS Mezzanine is a private investment firm focused on providing mezzanine capital to support private equity sponsored buyouts and companies requiring growth capital, acquisition funding, liquidity for existing shareholders, or that are undergoing an ownership transition. CMS Mezzanine looks to invest $2 to $6 million per transaction in support of companies with at least $10 million of revenue. Areas of interest include manufacturing, business services, consumer products, valued-added distribution, IT services, and specialty retail. The Firm prefers companies headquartered in the Eastern US, but will consider opportunities across the US. CMS Mezzanine is based in Wynnewood, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector: Consumer Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 3 |
| State: Virginia M&A | 1 of 1 |
| Country: United States M&A | 1 of 4 |
| Year: 2014 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-04-18 |
BioPharm Communications
New Hope, Pennsylvania, United States BioPharm Communications LLC is a communications agency that specializes in proprietary, multichannel marketing programs to physicians and healthcare practitioners for pharmaceutical and biotechnology clients. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-05 |
BioPharm Communications
New Hope, Pennsylvania, United States BioPharm Communications LLC is a communications agency that specializes in proprietary, multichannel marketing programs to physicians and healthcare practitioners for pharmaceutical and biotechnology clients. |
Sell | - |
