M&A Deal Summary |
|
|---|---|
| Date | 2023-07-05 |
| Target | Form Tech Concrete Forms |
| Sector | Manufacturing |
| Buyer(s) | White Cap Supply |
| Sellers(s) |
Midwest Mezzanine Funds
Kirtland Capital Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
White Cap is a distributor of specialty concrete and construction products. It operates 270 branches with approximately 5,500 employees and offers more than 400,000 SKUs to 200,000 customers. White Cap was formed in 1976 and is based in Norcross, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 23 |
| Sector (Manufacturing) | 2 of 3 |
| Type (Add-on Acquisition) | 8 of 23 |
| State (Michigan) | 1 of 3 |
| Country (United States) | 7 of 22 |
| Year (2023) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-03 |
Valley Supply
Woodinville, Washington, United States Valley Supply is a provider of construction materials to residential and commercial contractors in the Puget Sound area. With six locations in Woodinville, Puyallup, Ellensburg, Silverdale, Tumwater, and Moses Lake, Valley Supply Company offers an expanded product line to serve customers in Western and Central Washington. Valley Supply was founded in 1972 and is based in Woodinville, Washington. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-01 |
Reno Hardware and Supply
Burbank, California, United States Reno Hardware and Supply is a distributor of construction supplies serving commercial, multi-family and residential contractors throughout Southern California. Reno Hardware and Supply is based in Burbank, California. |
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 | 53 of 56 |
| Sector (Manufacturing) | 4 of 4 |
| Type (Add-on Acquisition) | 23 of 24 |
| State (Michigan) | 6 of 6 |
| Country (United States) | 52 of 55 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-28 |
Transhield
Elkhart, Indiana, United States Transhield designs and manufactures highly engineered environmental protective and corrosion-inhibiting covers that protect boats, vehicles, military equipment, and equipment during storage and transportation. Transhield was founded in 1994 and is based in Elkhart, Indiana. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-23 |
Circuit Check
Maple Grove, Minnesota, United States Circuit Check is a provider of electronic test equipment and services to OEMs and contract manufacturers in the technology, medical and industrial and markets. Circuit Check was founded in 1979 and is based in Maple Grove, Minnesota. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1977 |
| PE ASSETS | 300M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Kirtland Capital Partners (KCP) is a private equity firm focused on acquiring mature businesses operating in the US or Canada. KCP looks to be the lead investor in control positions in companies with significant barriers to entry, stable cash flows, and a strong market position. Sectors of interest include niche manufacturing, distribution, and business-to-business service companies. Kirtland was formed in 1977 and is based in Beachwood, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 23 |
| Sector (Manufacturing) | 4 of 4 |
| Type (Add-on Acquisition) | 10 of 10 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 23 of 23 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-23 |
Enviroscience
Stow, Ohio, United States Enviroscience provides biomonitoring, environmental compliance, restoration, and commercial diving services to federal, state, and municipal governments, the power industry, manufacturing, and private clients throughout the U.S. and Canada. Enviroscience was founded in 1988 and is based in Stow, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-01 |
Galati Cheese
Windsor, Ontario, Canada Galati Cheese is a manufacturer of mozzarella, ricotta, and other artisan cheese. The company serves a diverse customer base, consisting of retailers, distributors and direct foodservice accounts, primarily independently owned pizzerias. Galati Cheese was founded in 1988 and is based in Windsor, Ontario. |
Buy | - |
