M&A Deal Summary |
|
|---|---|
| Date | 2025-04-03 |
| Target | Summit Spine & Joint Centers |
| Sector | Healthcare Services |
| Buyer(s) |
Wellspring Capital Management
Audax Private Debt |
| Sellers(s) |
MSouth Equity Partners
Audax Private Debt |
| Deal Type | Secondary Buyout |
| Advisor(s) | Houlihan Lokey (Financial) DLA Piper (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 4.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Wellspring Capital Management is a mega-sized private equity firm that focused on a variety of transaction situations. The Firm will consider buyouts of private companies, acquisitions of divisions or subsidiaries of public companies, shareholder liquidity needs, partnering with entrepreneurs for growth opportunities, and special situations. Wellspring does not have any sector preferences and is capable of pursuing transactions valued up to $1 billion. Wellspring Capital Management was formed in 1995 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 54 of 54 |
| Sector: Healthcare Services M&A | 7 of 7 |
| Type: Secondary Buyout M&A Deals | 23 of 23 |
| State: Georgia M&A | 3 of 3 |
| Country: United States M&A | 49 of 49 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-01 |
Airswift
Houston, Texas, United States Airswift is a global workforce solutions provider specializing in temporary and permanent staffing for technology and engineering roles within the global energy sector. The Company offers a compelling value proposition by connecting scarce STEM talent with technical engineering projects in challenging environments. Airswift is based in Houston, Texas. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 119 of 120 |
| Sector: Healthcare Services M&A | 11 of 11 |
| Type: Secondary Buyout M&A Deals | 58 of 58 |
| State: Georgia M&A | 5 of 5 |
| Country: United States M&A | 117 of 118 |
| Year: 2025 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-06 |
Pearl Meyer
Wellesley, Massachusetts, United States Pearl Meyer is an independent executive compensation consulting firm. PM&P has served as a trusted advisor to Boards and their senior management in the areas of governance, strategy, and compensation program design. Clients from the Fortune 500 to not-for-profits and emerging high-growth companies rely on PM&P to help align rewards with long-term business goals to create value for all stakeholders: shareholders, executives, and employees. Pearl Meyer was founded in 1989 and is based in Wellesley, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-09 |
Jon-Don
Roselle, Illinois, United States Jon-Don is a national value-added distributor of equipment, supplies and training for specialty contractors in the water restoration, carpet cleaning, concrete surface prep and polishing, building service and abatement end markets. The Company offers a comprehensive suite of products across multiple categories that allows for convenient one-stop shopping. Jon-Don was founded in 1978 and is based in Roselle, Illinois. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
MSouth Equity Partners is a private equity firm focused on mid-sized company investments and acquisitions valued between $25 and $250 million. The Firm prefers opportunities in Southern US and looks to commit $25 to $100 million per transaction. Sectors of interest include distribution, business services, media, telecom, and specialty manufacturing. MSouth is the successor to private equity firm, Cravey, Green & Wahlen, Inc. which was founded in 1984. MSouth Equity Partners is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 36 |
| Sector: Healthcare Services M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 15 of 15 |
| State: Georgia M&A | 16 of 16 |
| Country: United States M&A | 36 of 36 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-04 |
Sunbelt Modular
Phoenix, Arizona, United States Sunbelt Modular is a manufacturer of commercial modular buildings in the U.S. The Company operates under seven distinct brands in its regional footprint: Amtex Corporation (TX), Indicom Buildings (TX), MR Steel (AZ), Phoenix Modular (AZ), ProMod Manufacturing (GA), Southeast Modular Manufacturing (FL), and Specialized Structures (GA). Sunbelt manufactures both custom and fleet modular units and serves a broad range of end-markets. Sunbelt Modular was founded in 2007 and is based in Phoenix, Arizona. |
Sell | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 5.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Audax Mezzanine is the mezzanine finance arm of the Audax Group. The Firm focuses on investing in both private and public, US-based middle market companies with a strong history of cash flows and consistent revenue growth. Audax will consider subordinated mezzanine debt commitments, second lien or junior secured debt, preferred stock and common stock. The Firm seeks to invest in companies with EBITDA between $10 and $100 million. Types of transaction include MBOs, LBOs, growth capital financings, acquisition financings, and recapitalizations. Audax Private Debt is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 53 |
| Sector: Healthcare Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 25 of 25 |
| State: Georgia M&A | 2 of 2 |
| Country: United States M&A | 52 of 53 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-06 |
Pearl Meyer
Wellesley, Massachusetts, United States Pearl Meyer is an independent executive compensation consulting firm. PM&P has served as a trusted advisor to Boards and their senior management in the areas of governance, strategy, and compensation program design. Clients from the Fortune 500 to not-for-profits and emerging high-growth companies rely on PM&P to help align rewards with long-term business goals to create value for all stakeholders: shareholders, executives, and employees. Pearl Meyer was founded in 1989 and is based in Wellesley, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-09 |
Jon-Don
Roselle, Illinois, United States Jon-Don is a national value-added distributor of equipment, supplies and training for specialty contractors in the water restoration, carpet cleaning, concrete surface prep and polishing, building service and abatement end markets. The Company offers a comprehensive suite of products across multiple categories that allows for convenient one-stop shopping. Jon-Don was founded in 1978 and is based in Roselle, Illinois. |
Sell | - |
