Sold to Management • Restaurants

Virginia Capital Partners Exits Mid Atlantic Dairy Queen

On January 1, 2008, invested in restaurant Mid Atlantic Dairy Queen from Virginia Capital Partners

Investment Context

This is transaction in the Restaurants sector.
This is transaction in the United States.
This is transaction in Virginia.

Explore All 92 Sold to Management Restaurants Deals - Search the Database Free

Investment Summary
Date	January 1, 2008
Target	Mid Atlantic Dairy Queen
Sector	Restaurants
Sellers(s)	Virginia Capital Partners
Deal Type	Sold to Management

Target Company

Mid Atlantic Dairy Queen

Virginia Beach, Virginia, United States

Mid-Atlantic Diary Queen owned the largest chain of Dairy Queen restaurants in the Mid-Atlantic. Two of the company's twelve restaurants were consistently ranked among the leading revenue producers in the entire 6,000 International Dairy Queen restaurant system.

Explore More Deals

Browse All 215,156 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Seller Profile 1

SELLER

Virginia Capital Partners

Richmond, Virginia, United States

Investor

Category	Private Equity Firm
Founded	1996
PE ASSETS	50M USD
Size	Small
Type	Sector Agnostic

DESCRIPTION

Virginia Capital Partners (VCP) is a private investment firm that invests in profitable, rapidly growing private companies located in the South Atlantic region of the US. Target businesses are typically valued between $500,000 to $10 million Sectors of interest include business services, healthcare services, media/communications, insurance, and consumer services. Virginia Capital Partners is based in Richmond, Virginia.

Deal Context for Seller	#
Overall	12 of 16
Sector: Restaurants	1 of 1
Type: Sold to Management	2 of 2
State: Virginia	6 of 8
Country: United States	12 of 16
Year: 2008	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2007-06-12	James River Group Chapel Hill, North Carolina, United States James River Group, Inc. is an insurance holding company. James River Group’s two operating companies – the Richmond, Virginia-based James River Insurance Company and the Raleigh, North Carolina-based Stonewood Insurance Company – underwrite in two specialty areas: excess and surplus lines in 49 states, the District of Columbia and the U.S. Virgin Islands, and workers’ compensation, primarily for the residential construction industry in North Carolina and Virginia.	Sell	$575M

DATE

TARGET

DEAL TYPE

VALUE

2007-06-12

James River Group

Chapel Hill, North Carolina, United States

James River Group, Inc. is an insurance holding company. James River Group’s two operating companies – the Richmond, Virginia-based James River Insurance Company and the Raleigh, North Carolina-based Stonewood Insurance Company – underwrite in two specialty areas: excess and surplus lines in 49 states, the District of Columbia and the U.S. Virgin Islands, and workers’ compensation, primarily for the residential construction industry in North Carolina and Virginia.

Sell

$575M

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2008-07-10	Aptiv Solutions Reston, Virginia, United States Aptiv Solutions is a clinical research organization founded by members of the PRA International management team. Aptiv specializes in adaptive clinical trials focusing on oncology, cardiovascular, dermatology, gastro-intestinal and respiratory diseases.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2008-07-10

Aptiv Solutions

Reston, Virginia, United States

Aptiv Solutions is a clinical research organization founded by members of the PRA International management team. Aptiv specializes in adaptive clinical trials focusing on oncology, cardiovascular, dermatology, gastro-intestinal and respiratory diseases.

Buy

Explore Related M&A Activity

Restaurants M&A - Sold to Management M&A Deals - Virginia M&A - United States M&A - 2008 M&A