Versa Capital Management Mergers and Acquisitions Summary

Distressed Investor Profile

Versa Capital Management’s most common sectors for investment areretail (22%) and manufacturing (11%) . The Firm’s most common investment types include special situations/distressed (33%) and buyout (lbo, mbo, mbi) (25%). In total, Versa Capital Management has invested in 15 US states and 3 different countries.

In the last 3 years, Versa Capital Management has exited 3 companies. The Firm’s most common exit type is trade sale (43%). Versa Capital Management’s largest (disclosed) exit occurred in 2007 when it sold Central Lewmar for $185M.

Join Mergr to view Versa Capital Management’s full profile and discover more large distressed investor investors just like it.

M&A Summary

  • M&A Total Activity46
    • M&A Buy Activity27
    • M&A Sell Activity19
  • Total Sectors Invested 15
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 12
  • M&A Advisors 4

Versa Capital Management

VCM Fund Advsiors LLC

Ten Penn Center 1801 Market Street Suite 2525,
Philadelphia, Pennsylvania 19103
United States
(215) 609-3400
www.versa.com
info@versa.com

Versa Capital Management is a private equity firm focused on investing in complex or distressed situations. Versa will consider businesses headquartered in North America and valued between $100 million and $1 billion. Prospective investment situations include buyouts, divestitures, recapitalizations, restructurings/turnarounds, take privates, rescue financings, and liquidations. Versa Capital Management is headquartered in Philadelphia, Pennsylvania.


Investment Criteria

Sectors of Interest: Apparel/Textiles, Consumer Services, Distribution, Internet Software and Services, Machinery, Manufacturing, Marine, Publishing, Restaurants, Retail, Safety/Security, Software, Technology Hardware

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Going Private, Recapitalization, Special Situations/Distressed, Secondary Buyout, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - -
Enterprise Value 100 1,000
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.2/yr) # 26 1 - - - - 27
Sell (1.0/yr) # 14 2 1 2 - - 19
vol $185M $185M
  46

Most Recent M&A

Company Date Value Type
SynCardia Systems LLC 2021-09-30 - Trade Sale
Tucson, Arizona · www.syncardia.com
Hatteras Yachts, Inc. 2021-05-20 - Trade Sale
New Bern, North Carolina · www.hatterasyachts.com
BridgeStreet Worldwide (dba BridgeStreet Global Hospitality) 2020-11-25 - Bankruptcy
Herndon, Virginia · www.bridgestreet.com
Avenue Stores LLC 2019-08-19 - Bankruptcy
Rochelle Park, New Jersey · www.avenue.com
Polartec LLC 2019-06-11 - Trade Sale
Lawrence, Massachusetts · www.polartec.com
Alex Apparel Group, Inc. 2019-05-28 - Secondary Buyout
New York, New York · www.alexevenings.com
Bell and Howell LLC 2018-12-03 - Recapitalization
Durham, North Carolina · www.bellhowell.net
BCC Software LLC 2017-10-11 - Secondary Sale
Rochester, New York · www.bccsoftware.com
The Wet Seal LLC 2017-02-02 - Bankruptcy
Irvine, California · www.wetseal.com
SynCardia Systems LLC 2016-09-20 - Special Situations/Distressed
Tucson, Arizona · www.syncardia.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Civitas Media LLC 2012-09-11 Middlesboro Daily News 2017-09-11 2
Davidson, North Carolina · www.civitasmedia.com Middlesboro, Kentucky · www.middlesborodailynews.com
Civitas Media LLC 2012-09-11 The Claiborne Progress 2017-09-11 1
Davidson, North Carolina · www.civitasmedia.com Tazewell, Tennessee · www.claiborneprogress.net
Civitas Media LLC 2012-09-11 Impressions Media 2012-09-11 4
Davidson, North Carolina · www.civitasmedia.com , Pennsylvania
Civitas Media LLC 2012-09-11 Ohio Community Media LLC 2012-09-11 3
Davidson, North Carolina · www.civitasmedia.com Tipp City, Ohio · www.brownpublishing.com
Civitas Media LLC 2012-09-11 Freedom Central 2012-09-11 2
Davidson, North Carolina · www.civitasmedia.com , Illinois
Civitas Media LLC 2012-09-11 Heartland Publications LLC 2012-09-11 1
Davidson, North Carolina · www.civitasmedia.com Clinton, Connecticut

M&A by Sector

Sector Current # Value All-time # Value
Retail 2 (20%) - 6 (21%) -
Apparel/Textiles 2 (20%) - 3 (11%) -
Consumer Services 1 (10%) - 3 (11%) -
Manufacturing 1 (10%) - 3 (11%) -
Publishing 1 (10%) - 3 (11%) -
Airlines 1 (10%) - 1 (4%) -
Distribution - - 1 (4%) -
Electrical Equipment - - 1 (4%) -
Internet Software and Services - - 1 (4%) -
Marine - - 1 (4%) -
Medical Products - - 1 (4%) -
Restaurants 1 (10%) - 1 (4%) -
Safety/Security - - 1 (4%) -
Software - - 1 (4%) -
Technology Hardware 1 (10%) - 1 (4%) -
Total 10 - 28 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 8 (80%) - 26 (93%) -
  North Carolina 1 (10%) - 3 (11%) -
  Connecticut 1 (10%) - 3 (11%) -
  Ohio - - 3 (11%) -
  Virginia 1 (10%) - 2 (7%) -
  Tennessee 1 (10%) - 2 (7%) -
  New York 1 (10%) - 2 (7%) -
  California 1 (10%) - 2 (7%) -
  New Jersey - - 2 (7%) -
  Michigan 1 (10%) - 1 (4%) -
  Florida 1 (10%) - 1 (4%) -
  Pennsylvania - - 1 (4%) -
  Massachusetts - - 1 (4%) -
  Illinois - - 1 (4%) -
  Colorado - - 1 (4%) -
  Arizona - - 1 (4%) -
Canada 1 (10%) - 1 (4%) -
  Ontario 1 (10%) - 1 (4%) -
Spain 1 (10%) - 1 (4%) -
Domestic 8 (80%) - 26 (93%) -
Cross-border 2 (20%) - 2 (7%) -
Total 10 - 28 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Special Situations/Distressed 4 (40%) - 9 (32%) -
Buyout (LBO, MBO, MBI) 2 (20%) - 7 (25%) -
Divestiture 1 (10%) - 5 (18%) -
Recapitalization 1 (10%) - 2 (7%) -
Secondary Buyout 1 (10%) - 2 (7%) -
Stake Purchase - - 2 (7%) -
Consolidation 1 (10%) - 1 (4%) -
Total 10 - 28 -

Exits by Deal Type

Type Total # Value
Trade Sale 7 (37%) -
Bankruptcy 5 (26%) -
Secondary Sale 3 (16%) -
Recapitalization 2 (11%) -
Trade Sale - Public Company 1 (5%) 185M (100%)
Merger 1 (5%) -
Total 19 $185M

Top M&A Advisors

Financial Deals
Lazard Middle Market
 1
Lincoln International
 1
Legal Deals
Dechert LLP
 2
Sullivan & Cromwell
 1

Deal Values

sell # Total
$100M to $1B 1 $185M
TOTAL $185M
Largest Central Lewmar LLC
$185M (2007-08-17)

M&A Connections

Deals
Acquired from
Investor(s)
11%
3 (11%)
Strategic(s)
18%
5 (18%)
Exited to
Investor(s)
26%
5 (26%)
Strategic(s)
47%
9 (47%)

Investor Summary

Investor Type

Distressed Investor

Size

Large

PE Assets

1.4B USD

Established

2004

Specialist/Generalist

Generalist

Leadership

Gregory Segall

Chairman & CEO

Randall Schultz

CFO & CCO

Paul Halpern

CIO

Matthew Levitties

Managing Director

William Quinn

Managing Director

FAQ

When was Versa Capital Management founded?

Versa Capital Management was founded in 2004.

What type of investor is Versa Capital Management?

Versa Capital Management is a distressed investor.

Where is Versa Capital Management headquartered?

Versa Capital Management is headquartered in Philadelphia, Pennsylvania.

How much capital does Versa Capital Management have under management?

Versa Capital Management has 1.4B USD under management.

 Subscribe to unlock this and 197,084
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 188K M&A Transactions
  • 193K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 74K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal