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Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Accent Family of Companies Manufacturer of bale ties and provider of building
materials. The company offers roofing, concrete, drywall,
and acoustical products and does wire-tier equipment
manufacturing, wire-tier parts and repair services to the
waste management providers, material recovery facilities,
packaging companies, commercial customers and the
construction industry.
The company was acquired by Crossplane Capital through an
LBO on September 19, 2019 for an undisclosed sum. Crossplane
Capital partnered with the Sims family and the management
team for this transaction.
Ace Info Solutions Provider of IT services on a contract basis. The company
provides services in areas of system applications, cloud
storage, cybersecurity and IT infrastructure, providing the
U.S. Government with training, design and
implementation of cost-effective systems.
The company was acquired by Dovel Technologies, via its
financial sponsors Greyrock Capital Group, WP Global Partners
and Macquarie Group through an LBO on September 4, 2019 for
an undisclosed sum. The deal will help Dovel Technologies
diversify its client base and expand its market capabilities as
well as advance its portfolio of services and open up new
opportunities for employees to grow their talents and
experiences within the combined company.
Advanced Presentation Products Provider of audio visual, digital signage and visual
collaboration services.The company designs visual
collaboration and presentation system to enhance
businesses and provides innovative and interactive
SMART board solutions for education, business and
government.
The company was acquired by Diversified Systems, via its
financial sponsors MSouth Equity Partners and Tailwind Capital,
through an LBO on Sep 4, 2019 for an undisclosed sum.
ALTEK Information Technology Provider of responsive IT services. The company provides
consulting services, project management, full lifecycle
application development, analysis, systems architecture
and design, operations and infrastructure support
services to Fortune 500 companies and federal
government agencies.
The company entered into a definitive agreement to be
acquired by Disys, via its financial sponsors Weston Presidio and
Main Post Partners, through an LBO on September 5, 2019 for
an undisclosed sum. The acquisition expands Disys' footprint
and expertise within the healthcare space in the Washington,
DC, and metro areas as well as in Chicago.
American Auto Guardian Provider of automotive protection products and services.
The company offers development, marketing and
administering vehicle service contracts, other automotive
protection products and has a software solution for
dealer system management, enabling Original Equipment
Manufacturers (OEMs), agents, independent auto dealers
and dealer groups to get customer-focused solutions.
The company entered into a definitive agreement to be
acquired by The Amynta Group, via its financial sponsor
Madison Dearborn Partners, through an LBO on September 3,
2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
American Biosurgical Manufacturer of custom medical and surgical cables. The
company's focus lies in the design, development, and
production of innovative medical and non-medical
interconnect technologies dedicated to custom surgical,
patient monitoring and diagnostics imaging medical cable
assemblies, enabling the global device manufacturers to
outsource their high-reliability medical cable system
needs.
The company was acquired by Advantage Medical Cables, via its
financial sponsors HealthEdge Investment Partners, through an
LBO on September 9, 2019 for an undisclosed sum.
Anchor Staffing Provider of regional staffing services that are intended to
cater to their clients' commercial and information
technology staffing needs. The company's services include
hiring for positions in the light industrial, skilled trades,
clerical, management, administrative and financial fields.
The company was acquired by Lyneer Staffing Solutions, via its
financial sponsor Palm Beach Capital, through an LBO on
September 27, 2019 for an undisclosed sum.
Aperture Strategies Provider of strategic advisory and communications
services. The company's service includes communications,
media relations, crisis management, public affairs and
global advisory services to corporations, coalitions,
nonprofits, trade associations, and elected officials to
navigate public affairs, policy, and management
challenges and advise them on developments.
The company was acquired by Bully Pulpit Interactive, via its
financial sponsor Svoboda Capital Partners, through an LBO on
September 18, 2019 for an undisclosed sum.
Arizona Shower Door Designer and manufacturer of custom glass shower doors
and enclosures. The company produces and distributes
shower doors and enclosure products.
The company was acquired by DreamLine, via its financial
sponsor MPE Partners, through an LBO on September 17, 2019
for an undisclosed sum. The acquisition enables the company to
form a technology-driven leader offering endless possibilities for
customers across the entire glass shower door and enclosure
market.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Arotech Arotech Corp is a defense and security products and
services company. It operates in two business divisions:
Training and Simulation division and Power Systems
division. Arotech's Training and Simulation division
manufactures and markets an array of trainers and
simulators for all kinds of equipment and situations for
the military, law enforcement, and commercial
customers. Power Systems division provides advanced
battery solutions, energy management and power
distribution technologies for the aerospace, defense, law
enforcement, and homeland security markets. Its primary
geographic markets are the U.S.A., Israel, Canada, Taiwan,
Mexico, India, Japan, Germany, Hong Kong, Saudi Arabia,
China, UAE, and others.
The company entered into a definitive agreement to be
acquired by Greenbriar Equity Group through an approximately
$80.8 million LBO on September 23, 2019.
Ascend Learning (Allied Health
Titles)
A set of educational resources consisting of titles to print
& digital books in health sector. Titles include the
resources in the areas of dental hygiene and dental
assisting, medical assisting, clinical lab sciences, basic
sciences, massage therapy and nutrition.
The health titles consisting of print and digital books of Wolters
Kluwer was acquired by Ascend Learning, via its financial
sponsors Canada Pension Plan Investment Board and Canada
Pension Plan Investment Board, through an LBO for an
undisclosed sum on September 4, 2019.
Axiom Global Provider of technology enabled legal services. The
company's technology enabled legal services combine
legal experience, technology and data analytics, enabling
large enterprises to reduce risk, cost and cycle-time.
The company entered into a definitive agreement to be
acquired by Permira through an LBO on September 5, 2019 for
an undisclosed sum.
Bailey International Manufacturer of mobile fluid power components. The
company manufactures and distributes highly engineered
hydraulic cylinders and related products used primarily in
mobile equipment applications.
The company was acquired by EBSCO Capital through an LBO on
September 3, 2019 for an undisclosed sum.
Bel Shower Door Corp Manufacturer of bath fittings. The company offers a range
of standard as well as custom shower and tub enclosures,
mirrors and glasses, enabling customers to achieve
customized bathroom designs at affordable prices.
The company was acquired by Denver Glass Interiors, via its
financial sponsor Baymark Partners, through an LBO in
September 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Berg Companies Manufacturer of a full line of remote camp site shelter
products serving a wide range of customers, from the
defense community to humanitarian aid organizations
across the world. The company specializes in the
production of hard and soft wall shelter systems, fuel and
water systems and power management solutions.
The company was acquired by HDT Global, via its financial
sponsor Charlesbank Capital Partners, through an LBO on
September 18, 2019 for an undisclosed sum.
Best Practices Staffing Provider of staffing solutions. The company provides
services like temporary personnel staffing solutions,
direct-hire staffing solutions, traditional payroll services,
hard and soft skills evaluations and vendor-on-premise
solutions.
The company was acquired by PeopleShare, via its financial
sponsor Trivest Partners, through an LBO on September 3, 2019
for an undisclosed sum. The deal will help PeopleShare to
expand into the Midwest region.
Bottom-Line Performance Designer and developer of custom learning solutions
intended to solve problems, inspire people to act, and
help them learn. The company's offerings include
designing and developing the right mix of tools, including
web and mobile apps, eLearning, serious games, videos,
and highly interactive instructor-led training programs,
enabling organizations to create the right learning
solution for solving complex problems.
The company was acquired by TiER1 Performance Solutions, via
its financial sponsor Evermore Investments, through an LBO on
DATE for an undisclosed sum.
Brown & Brown (General Agency
Entity)
Provider of employee benefit services. The company
offers employee benefits, commercial insurance, personal
insurance and human resource and compliance services.
The company, a subsidiary of Brown & Brown of Pennsylvania,
was acquired by BenefitMall via its financial sponsor The Carlyle
Group, through an LBO on September 18, 2019
Burning Glass Technologies Developer of software application designed for resume
parsing, job matching, and real-time labor market
analytics. The company's software delivers job market
analytics and intuitive insight by examining career
patterns, skills, relevant experiences and supply-demand
dynamics across different jobs, that empower employers,
workers, and educators to make data-driven decisions for
recruiting, staffing, academic planning, and workforce
planning and have detailed real-time awareness into skill
gaps and labor market demand.
The company was acquired by Kohlberg Kravis Roberts through
an LBO on September 11, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Cambrian Solutions Distributor of specialty ingredients and chemicals. The
company provides a range of specialty ingredients and
chemicals and offers sales & marketing, warehousing and
logistics services, enabling the food, household, industrial,
and institutional (HI&I), health ingredients, personal care,
and industrial markets to get customized flexible services.
The company was acquired by Maroon Group, via its financial
sponsor CI Capital Partners, through an LBO on September 23,
2019 for an undisclosed sum. The acquisition enhances Maroon
Group's focus on providing differentiated, value-added
capabilities to customers and principal supply chains through
formulary expertise and client solutions laboratories.
Carolina Coatings Solutions and
Industrial Services
Provider of corrosion protection and surface cleaning
services intended to serve companies in the chemical,
pulp and paper, power, and food and beverage industries.
The company offers services like specialty coatings,
abrasive blasting, blast tracking, pressure cleaning, water
blasting, sponge blasting, crack injection, and concrete
rehabilitation.
The company was acquired by Superior Industrial Maintenance
Company, via its financial sponsor Warren Equity Partners,
through an LBO on September 10, 2019 for an undisclosed sum.
Cicoil Corporation Designer and manufacturer of high-performance cable
assemblies that are intended for technical industries. The
company's products are based on Flexx-Sil™ material and
extrusion processes that have created a wide variety of
high performance, cost-effective flat cable solutions that
are widely used in mission-critical applications for the mil-
aero, semiconductor, motion control, and medical
automation industries worldwide.
The company was acquired by TPC Wire & Cable, via its financial
sponsor Audax Group, through an LBO on September 30, 2019
for an undisclosed sum. This acquisition allows TPC Wire &
Cable to expand its market reach and strengthen its portfolio of
specialized wire and cable solutions to sophisticated, high cost-
of-failure environments.
Cobalt Capital Partners Owner and operator of warehouses and logistics
property. The company mainly involves in acquiring and
operating commercial properties throughout the United
States.
The company, a subsidiary of Colony Capital entered into a
definitive agreement to be acquired by The Blackstone Group
through an $5.9 billion LBO on September 30, 2019.
ColorCentric Provider of digital printing solution for photo and
publishing industries. The company offers a wide
spectrum of sizes, orientations and binding styles to help
consumers in capturing moments into timeless photo
products and provide the online tools to empower
individuals to become authors.
The company was acquired by Reischling Press, via its financial
sponsors HCAP Partners and Riverlake Partners, through an LBO
on September 25, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Concrete Accessories & Rentals Distributor of specialty construction materials, accessories
and tools.The company offers various construction
products such as concrete blankets & vibrators,
decorative concrete stamps, rebar, sonotube, chemicals
used in building infrastructure, sprayers and concrete
counter-tops for sale or on rental basis.
The company was acquired by Construction Supply Group, via
its financial sponsors The Sterling Group and Kingfish Group,
through an LBO on September 3, 2019 for an undisclosed sum.
Contractor's Truss Systems Provider of engineered wood products. The company's
structural building components are engineered for
residential, commercial, agricultural and industrial
buildings and has been delivering for more than 25 years.
The company was acquired by American Construction Source,
via its financial sponsors Angeles Equity Partners and Clearlake
Capital Group, through an LBO on September 4, 2019 for an
undisclosed sum.
Corvana (Sugar Discover tool) Analytics technology. The asset allows customers to
automate 24/7 monitoring of CRM data, detecting events,
feeding users what they need to know, and guiding them
to answers.
The asset of Corvana was acquired by SugarCRM, via its financial
sponsor Accel-KKR, through an LBO on September 25, 2019.
DELTA Resources Provider of technical expertise and operational support
services to the Federal government and private sector.
The company provides administrative support, acquisition
management, information technology, engineering,
corporate etiquette consulting, program management
and financial management services.
The company was acquired by VT Group, via its financial
sponsor The Jordan Company, through an LBO on September
30, 2019 for an undisclosed sum.
DPIS Builder Services Provider of full-service engineering and inspection
services. The company operates as a residential structural
engineering company offering engineering and inspection
services for site preparation, foundation, frame, wind
engineering, HVAC design and others.
The company was acquired by Saw Mill Capital through an LBO
on September 6, 2019 for an undisclosed sum.
DriveKore Distributor of power tools and construction supplies
serving professional construction firms and specialty
contractors. The company stocks and offers construction
tools, hardware and safety supplies as well as provides
tool repair, laser repair and concrete cutting services.
The company was acquired by Colony Hardware, via its financial
sponsors Audax Group and Tailwind Capital, through an LBO on
September 11, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Eco Chemical Manufacturer of water-based stains and coatings. The
company specializes in eco-friendly waterborne synthetic
and natural grass turf marking systems, wood paints and
stains, and industrial coatings used on pressure-treated
wood and in the manufacturing of wood products such as
fencing, decks, and exteriors.
The company was acquired by U-C Coatings, via its financial
sponsor High Road Capital Partners, through an LBO on
September 9, 2019 for an undisclosed sum. Mr. Mark Cheirrett
and Ms. Peg Cheirrett also invested in the transaction. Madison
Capital Financing provided debt financing for the transaction.
Elite FPS Provider of fire protection services to numerous end
markets, including healthcare, education and commercial.
The company provides comprehensive fire protection
services, including the design, engineering, installation
and maintenance of fire sprinkler systems.
The company was acquired by Frontier Fire Protection, via its
financial sponsor Highview Capital, through an LBO on
September 16, 2019 for an undisclosed sum.
Emerging Compounds Treatment
Technologies
Developer of advanced technology products intended to
mitigate the impact of emerging contaminants on air and
water. The company products remove contaminants from
water using a proprietary, cost-effective approach that
leverages the properties of ion exchange resins to enable
efficient analyte removal and on-site regeneration.
The company was acquired by Montrose Environmental Group,
via its financial sponsors Yukon Capital and Yukon Capital,
through an LBO on September 10, 2019 for an undisclosed sum.
The acquisition enables the acquirer to bring new, innovative
technologies to the market that enhance its ability to solve the
pressing environmental challenges of today while staying on the
forefront of future emerging contaminants.
Engineering Solutions & Products Provider of C4ISR-focused services intended for the army.
The company provides system engineering and
integration, logistics and supply chain management,
mission and program support services.
The company was acquired by Sev1tech, via its financial
sponsors DFW Capital Partners and Enlightenment Capital,
through an LBO on September 3, 2019, for an undisclosed sum.
Esterline Technologies Manufacturer and seller of aerospace and defense
products designed to be used for commercial and military
aircraft and similar devices for land- and sea-based
military vehicles. It designs, produces, and markets
engineered products and systems.
The company, a subsidiary of TransDigm Group, was acquired by
KPS Capital Partners through an estimated $190 million LBO on
September 23, 2019.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
FATHOM (Oakland) Manufacturer of prototypes and production parts. The
company's offerings include 3D printing, additive
manufacturing, CNC machining, urethane casting, Tooling,
Injection Molding, engineering/design, and managed
services by blending additive technologies with traditional
manufacturing methods, enabling clients to get access to
advanced technologies and methods that enhance and
accelerate today's product development and production
processes.
The company was acquired by Midwest Composite
Technologies, via its financial sponsor CORE Industrial Partners,
through an LBO on September 26, 2019 for an undisclosed sum.
Firestone Pacific Foods Provider of fully integrated processing services for
domestic and export fruit customers. The company's
services offer frozen fruit processing, packing, and cold
storage services to growers throughout the Pacific
Northwest.
The company was acquired by Agriculture Capital through an
LBO on September 5, 2019 for an undisclosed sum.
Gategroup gategroup Holding AG is engaged in the operation of
airline catering and provision of related services in
Switzerland. It provides airline catering, retail and
technology services, onboard service equipment, and
supply chain and logistics solutions. Its segments include
EMEA, North America, Latin America and Asia Pacific
regions.
The company completed a debt-for-equity restructure on
09/25/2019. Convertible Bond was converted into a 50% stake
equity stake in the company.
GCM Holding Corporation Provider of outsourced precision machined components
and assemblies to medical, aerospace and diversified
industries. The company offers component-
manufacturing, engineering services, supply chain
management, precision machining, sheet metal
fabrication, precision assembly services to OEM with a
wider range of product design and manufacturing
capabilities.
The company was acquired by Avista Capital Partners through
an LBO on September 3, 2019 for an undisclosed sum. The
transaction was supported by $75 million of debt financing in
the form of a unitranche credit facility from Varagon Capital
Partners.
Gene Larew Lures Manufacturer of fishing lures and baits. The company
uses soft-plastic injection molding equipment to offer a
wide range of fishing lures including biffle baits and
hardheads, creature baits, craws, bait fish and worms,
providing products to its customers that are consistent in
shape and color.
The company was acquired by Pradco Outdoor Brands, via its
financial sponsor EBSCO Capital, through an LBO on September
4, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
GLP (179 Million Square Feet,
Logistics Assets, US)
179 million square feet of logistics assets located in the
United States. The assets compromises of urban and infill
logistics properties.
The logistics assets was acquired by The Blackstone Group and
Blackstone Real Estate Income Trust through a $18.7 billion LBO
on September 26, 2019. The Blackstone Group is acquiring 115
million square feet for $13.4 billion and Blackstone Real Estate
Income Trust is acquiring 64 million square feet for $5.3 billion
as part of the deal.
GNT Holdings (12 Planet Fitness
clubs in Triad North Carolina)
Portfolio of fitness clubs in Charlotte, North Carolina. The
portfolio consists of 12 fitness centers which offer fitness
experience in a welcoming, non-intimidating
environment.
National Fitness Partners entered into a definitive agreement to
acquire GNT Holdings (12 Planet Fitness clubs in Triad North
Carolina) on September 18, 2019 for an undisclosed sum.
Grede Holdings Manufacturer of ductile, gray and specialty iron castings
including lost foam and high silicon molybdenum
applications. The company manufactures cast, machined
and assembled metal components for transportation and
industrial markets in the United States and
internationally. It also provides precision machining and
finishing services including assembly, engineering and
supply chain management services.
The company, a subsidiary of American Axle & Manufacturing
entered into a definitive agreement to be acquired by Gamut
Capital Management through a $245 million LBO on September
18, 2019. Gamut Capital Management will pay $185 million on
cash and $60 million in deferred payment obligations for the
transaction.
Heads Up Technologies Developer of advanced digital audio checklist systems for
pilots. The company's products include voice checklist and
aural warning systems, enabling safer flight to cabin
management systems.
The company was acquired by JLL Partners through an LBO on
September 9, 2019 for an undisclosed sum.
Holdfast Technologies Distributor of specialty construction materials, accessories
and tools. The company specializes in the promotion,
distribution and support of insulated concrete forms
allowing builders, architects, and engineers the ability to
build and design commercial and residential structures
with greater efficiency.
The company was acquired by Construction Supply Group, via
its financial sponsors Kingfish Group and The Sterling Group,
through an LBO on September 3, 2019 for an undisclosed sum.
Hoodco systems Provider of fire protection systems for the restaurant
industry. The company specializes in the installation,
inspection and maintenance & repair of kitchen exhaust
and fire suppression systems for the restaurant industry.
The company was acquired by Impact Fire Services, via its
financial sponsor Audax Group, through an LBO on September
4, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Icon Identity Solutions Provider of branding implementation services and
products. The company manages brands by
manufacturing, maintaining and constructing signage
products. It offers shelters, lighting systems and fixtures,
comprehensive signage systems and signs for exterior and
interior spaces to financial, retail and corporate clients.
The company was acquired by MC Group (Mentor), via its
financial sponsors Capitala Group and Arcapita, through an LBO
on September 5, 2019 for an undisclosed sum.
IdeaPaint Provider of single-coat roller-applied paint designed to
transform smooth surfaces to dry-erase writing surfaces.
The company's single-coat roller-applied paint utilize
advanced chemistry and is used for conference rooms,
creative spaces, classrooms, open work areas, hallways,
residential areas, home offices, kids rooms and
playrooms, enabling clients to transform passive space
into active environments.
The company was acquired by Innovative Chemical Products, via
its financial sponsors Delos Capital and Delos Capital, through an
LBO on September 16, 2019 for an undisclosed sum. With the
acquisition, Innovative Chemical Product enhances its portfolio
of performance coatings and design-driven interior products.
IDG Compressor Provider of compressed air system products and services.
The company offers air dryers, air compressors and
vacuum pumps distribution and service, repair,
equipment rental, installation and other services,
enabling companies to get a range of products and
services.
The company, a subsidiary of Industrial Distribution Group, was
acquired by OTP Industrial Solutions, via its financial sponsor
Genstar Capital, through an LBO on September 23, 2019 for an
undisclosed sum.
Industrial Valve Sales & Service Distributor of specialty valve products intended for blue-
chip companies. The company offers new valves and
parts, valve repair, field service, equipment maintenance,
and management systems.
The company was acquired by KCM Capital Partners, PNC
Mezzanine Capital, Five Points Capital and its management
through an LBO on September 12, 2019, for an undisclosed sum.
Senior Debt financing for the transaction was provided by
Hancock Capital Management and mezzanine financing was
provided by PNC Mezzanine Capital and Five Points Capital.
Industry Dive Operator of a platform intended to provide industry
insights and analysis to busy industry executives. The
company offers business leaders with a bird's-eye view of
their industry and also gives in-depth feature articles,
industry events, jobs and commentary, providing decision-
makers with up-to-date information so they can stay
ahead in competitive industries.
The company was acquired by Falfurrias Capital Partners
through an LBO on September 5, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Infiana Group Manufacturer of innovative and specialized films in
Germany. The company offers a range of films such as
base films, siliconized films, embossed films and printed
films, enabling consumer goods industries with quality
films which are tear-resistant, slip-proof, puncture-
resistant, UV-resistant, impermeable to water and
extremely heat-resistant.
The company was acquired by Loparex Group, via its financial
sponsor Pamplona Capital Management, through an LBO on
September 18, 2019 for an undisclosed sum.
Instinctif Partners Provider of business communications consultancy
services. The company integrates the entire process from
risk identification to mitigation and enhances operating
licences to engage the length of the stakeholder supply
chain, enabling clients to receive a deeper understanding
of their complex audiences.
The company was acquired by LDC through an estimated GBP
20 million LBO on September 4, 2019.
Inter-Mountain Retirement
Partners
Provider of investment and retirement plan consulting
services to corporations, governmental and nonprofit
organizations, as well as, serving individual investment
clients. The company specializes in offering retirement
plans benefiting both employers and employees,
investment due diligence & monitoring, wealth planning,
retirement income planning and financial risk
management.
The company was acquired by Hub International, via its financial
sponsors Hellman & Friedman, AlpInvest Partners, HarbourVest
Partners and Altas Partners, through an LBO on September 23,
2019 for an undisclosed sum.
Ironridge (Solar Mounting
Products)
Designer and manufacturer of solar mounting products.
The company designs and manufactures racking and
mounting systems to support solar panels, pitched roofs
and similar photo-voltaic installations.
The company was acquired by Esdec, via its financial sponsor
Gilde Buy Out Partners, through an LBO on September 9, 2019
for an undisclosed sum.
Islands West Manufacturing Wholesaler of produce, processed fruits, dried spices, and
fresh-cut vegetables in Canada. The company provides
merchandise from local farmers and worldwide growers
ensuring their customers get the freshest produce
including grocery stores, restaurants, hotels, hospitals,
schools and government facilities.
The company was acquired by Fresh Direct Produce, via its
financial sponsor Hammond, Kennedy, Whitney & Company,
through an LBO on September 12, 2019 for an undisclosed sum.
This acquisition provides Fresh Direct Produce with a range of
complementary new products, a wider and more efficient
distribution network, and a state-of-the-art processing facility,
adding capacity and improving operations.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Julie Gilhart Consulting Provider of fashion consultancy services intended to serve
designers, for-profit companies and nonprofit
organizations. The company advises companies on brand
development, developing strategic partnerships and
collaborations, introducing lifestyle brands to the fashion
realm, creating sustainability initiatives and generating
new revenue streams.
The company was acquired by Tomorrow London, via its
financial sponsors Three Hills Capital Partners and Red Circle
Investments, through an LBO on September 6, 2019 for an
undisclosed sum.
JW Marriott Desert Ridge Resort
& Spa
A hotel property situated in Arizona. The property spans
out 396 lush acres, the Resort features a 950-room hotel,
212,500 square feet of flexible meeting space, seven food
and beverage options, and numerous amenities including
five pools, a lazy river, a world-class spa, and two
championship golf courses designed by Arnold Palmer
and Nick Faldo.
JW Marriott Desert Ridge Resort & Spa was acquired by Elliott
Management and Trinity Investments through an LBO on
September 3, 2019 for $ 605 million.
Kord Technologies Provider of high-end engineering, intelligence,
cybersecurity, and advanced technology solutions. The
company delivers an extensive portfolio of directed
energy, missile defense, space, cyber, and defense
technology to Federal Government customers.
The company was acquired by Centauri Corporation, via its
financial sponsor Arlington Capital Partners, through an LBO on
September 24, 2019 for an undisclosed sum. The acquisition
strengthens Centauri's defense technology capabilities and
allows the organization to provide a broader range of solutions
to customers across the intelligence and defense communities.
Labelix Group Provider of printing services based in Canada. The
company offers services such as custom labels, shrink
wrap packaging, lithography, computer and on-site
graphics, as well as offers products such as
pharmaceutical, bar code, synthetic, thermal transfer and
direct labels, along with fluorescent ink to customers,
enabling them to avail customized and affordable printing
solutions.
The company was acquired by Labelink Products, via its financial
sponsor Parkview Capital Partners, through an LBO on
September 17, 2019 for an undisclosed sum. The acquisition fits
perfectly with the Labelink Products' vision of transforming an
industry that is all too often perceived as traditional and
strengthens the company's competitive advantage for the
benefit of current and future customers.
Laser Technologies Service Distributor of printers & copiers to businesses based in
the Greater Boston area. The company offers office
technology like copiers, printers and document
management software along with services like print
management, troubleshooting and repairs.
The company was acquired by Flex Technology Group, via its
financial sponsors Oval Partners and Tree Line Capital Partners,
through an LBO on September 17, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Lazar Partners Owner and operator of a communications advisory firm
intended to offer strategy communication consulting
services. The company's services include clinical trial
recruitment, corporate communications, investor
relations and public relations, enabling healthcare
companies to effectively develop novel products and
innovative technologies.
The company was acquired by Finn Partners, via its financial
sponsor The Stagwell Group, through an LBO on September 4,
2019 for an undisclosed sum.
Life Safety Solutions Integrators Distributor of low-voltage electronics and life safety
systems serving government, education, healthcare and
multiple businesses. The company offers a wide range of
turnkey services within the life safety and security space,
including sales, design, installation, and service.
The company was acquired by Convergint Technologies, via its
financial sponsor Ares Private Equity Group, through an LBO on
September 4, 2019 for an undisclosed sum.
Litivate Reporting + Trial Services Provider of litigation support services. The company
offers court reporting, trial presentation, litigation
graphics and trial counselling services and also operates
an e-discovery platform, enabling clients to get affordable
services.
The company was acquired by U.S. Legal Support, via its
financial sponsor Apollo Investment and ABRY Partners, through
an LBO on September 10, 2019 for an undisclosed sum.
M'Plast Manufacturer and converter of polyethylene products for
industrial use. The company specializes in the
manufacturing, impression and transformation of
polyethylene film into bags or U-Film for a range of end
markets, including horticulture, agriculture and industrial
uses.
The company was acquired by Licaplast Industries Emballages,
via its financial sponsors Licaplast Industries Emballages and
Charter Oak Equity, through an LBO on September 16, 2019 for
an undisclosed sum.
Mainstream Provider of installation, maintenance and repair services
for the mechanical and electrical sector. The company
offers services like troubleshooting, preventative
maintenance, parts and replacement, conveyor repair,
engineering, and fabrication, thereby providing solutions
to customers with increased regional service coverage.
The company was acquired by Aloi Materials Handling &
Automation, via its financial sponsors Wincove Private Holdings
and Harris Preston & Partners, through an LBO on September 6,
2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Market Refrigeration Specialists Provider of refrigeration repair services. The company
offers refrigeration, HVAC, construction, energy
management, preventive maintenance, compressors
repair and refrigerant leak reduction services, enabling
retail, commercial and industrial customers to reduce
energy costs, lower refrigerant consumptions and
increase equipment longevity.
The company was acquired by The Arcticom Group, via its
financial sponsor Goense Capital Partners, through an LBO on
September 10, 2019 for an undisclosed sum.
MC Group (Mentor) Provider of signage and lighting services. The company
manufactures, installs and designs signs to customers
across the United States through a highly-scalable, vendor-
managed, and asset-light business model and acts as a
comprehensive one-stop-shop for customers, eliminating
the need to manage multiple relationships with local
vendors across diverse geographies.
The company was acquired by Icon Identity Solutions, via its
financial sponsor Merit Capital Partners, through an LBO on
September 5, 2019 for an undisclosed sum.
McNally Industries Manufacturer of mechanical systems and precision
machined parts for the US government and defense
contractors. The company's offerings include helicopter
tooling, such as blade clamp, spindle bender, star plate,
seal installation tool assemblies; and torque adapter
tooling and provides ordnance-related products for
combat vehicles, artillery systems, naval guns, land
combat systems, and missile launchers including rotors
for minigun systems, exit and entrance ammo feed
assemblies for gun systems, auto gun feeders for
bushmaster gun systems, guns, transfer units,
bushmasters, magazine assemblies, minigun, and various
gun parts.
The company was acquired by Susquehanna Private Capital
through an LBO on September 9, 2019 for an undisclosed sum.
Meridican Provider of incentive planning services. The company
provides consulting with regards to incentive travel
programs, meetings and conferences, product launches,
and consumer events.
The company was acquired by Direct Travel, via its financial
sponsor ABRY Partners, through an LBO on September 18, 2019
for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Midwest Products and
Engineering
Provider of design and manufacturing services to clients
in the medical market. The company offers design,
engineering, manufacture, and supply chain expertise to
medical OEMs, helping them build their products from
concept to completion.
The company was acquired by Beecken Petty O'Keefe &
Company through an LBO on September 24, 2019, for an
undisclosed sum.
Mike's Flooring Companies Provider of flooring services intended for multifamily,
commercial and residential properties. The company
offers flooring installation services to clients looking to
replace existing units or carry out a complete
reconstruction.
The company was acquired by Interior Logic Group, via its
financial sponsors Littlejohn & Co, Platinum Equity and The
Gores Group through an LBO on September 9, 2019, for an
undisclosed sum.
Millennium Business Systems Distributor of copiers and printing equipment. The
company provides copiers, printers, multi-functional
technology and document management hardware and
software to companies in the Greater Cincinnati,
Northern Kentucky, Dayton, Ohio and Southeast Indiana
business communities, enabling its customers to improve
their document workflow.
The company was acquired by Flex Technology Group, via its
financial sponsors Oval Partners and Tree Line Capital Partners,
through an LBO on September 13, 2019 for an undisclosed sum.
MMC Packaging Equipment Designer of automation equipment. The company
develops manufacturing technologies with a strong focus
on innovation, exporting to around forty locations and
specializes in the development of post-molding process
automation equipment for the caps and closure industry.
The company was acquired by Tekni-Plex, via its financial
sponsor Genstar Capital, through an LBO on September 4, 2019
for an undisclosed sum.
Momentum Services Corporation Provider of repair services of LCD flat panel displays for
aerospace and defence industry. The company offers
global service solutions for Commercial and Military
Aviation displays of all sizes with significant cost savings,
high-yield, and minimum turn time.
The company was acquired by Precision Aviation Group, via its
financial sponsor GenNx360 Capital Partners, through an LBO on
September 9, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Naumann/Hobbs Material
Handling
Provider and distributor of material handling equipment,
parts, service, and supply chain services. The company
offers forklifts, lift trucks, storage equipment, conveyor,
and materials transport systems, pallet racks, automation
systems, forklift parts and repair services and provides
equipment rentals and supply chain solutions, enabling
clients to maximize storage space and improve
warehouse processes and practices at low costs.
The company was acquired by CenterGate Capital through an
LBO on September 9, 2019 for an undisclosed sum. As a result
of the transaction HCI Equity Partners sold its stake in the
company. The investment will provide the company capital and
strategic resources to continue to grow their market presence
and geographic reach.
Ned Stevens Gutter Cleaning Provider of gutter and outdoor cleaning services intended
to offer one-stop-shop resolutions for home
maintenance. The company's all gutter and outdoor
cleaning services include exterior residential maintenance
along with extensive cleaning services for underground
drain, walkway cleaning, gutter screening, decks, roofs,
and siding, which are featured with quality control check,
covered with insurance.
The company was acquired by AVALT through a $300 million
LBO on September 30, 2019.
New England Miniature Ball Manufacturer of precision balls. The company
manufactures steel ball bearings, chrome balls, gold balls,
titanium balls and stainless steel balls.
The company was acquired by Spring Rock Capital through an
LBO on September 20, 2019 for an undisclosed sum.
Nexstar Media Group (group of
21 tv stations)
A chain of television stations in Irving, Texas. Cerberus Capital Management and Apollo Global Management
acquired a group of television stations of Nexstar Media Group
on September 19, 2019 through an LBO for an undisclosed sum.
NextGen Technologies Provider of electrical testing services with specialty in
electricity transmission, distribution and generation
system servicing. The company designs, tests,
commissions and maintains and repairs communications
and protection & control systems, in addition to providing
turnkey electrical engineering, procurement, and
construction solutions for clients from design through to
building, installation, and maintenance.
The company was acquired by Shermco Industries, via its
financial sponsor Gryphon Investors, through an LBO on
September 10, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
NorMak Machine and Hydraulic Provider of industrial repair services. The company has a
full service machine shop which specializes in production
of replacement parts such as Frac valve repair,
and Hydraulic Repair, providing clients comprehensive
services to put their assets back to work with as little cost
and downtime as possible.
The company reached a definitive agreement to be acquired by
AWC Frac Valves, via undisclosed financial sponsors, through an
LBO on September 18, 2019 for an undisclosed sum.
NRI Electronics Provider of contract manufacturing services intended to
serve companies in electronics industry helping
agriculture, defense, aerospace, industrial and medical.
The company specializes in printed circuit board
assembly, custom wire harness and cable assembly and
electro-mechanical manufacturing.
The company was acquired by Electrical Components
International, via its financial sponsor Cerberus Capital
Management, through an LBO on September 4, 2019 for an
undisclosed sum.
Oakland Metal Buildings Manufacturer and distributor of pre-engineered metal
buildings. The company offers building framework, girts,
purlins, roof and wall panels, components, and
accessories which are intended for commercial, post-
frame agricultural and other industrial applications.
The company was acquired by Union Corrugating, via its
financial sponsors Industrial Opportunity Partners and Patriot
Capital, through an LBO on September 26, 2019 for an
undisclosed sum.
P.J. Mechanical Provider of HVAC related construction and mechanical
services. The company offers installation, construction,
renovations, alterations and maintenance of HVAC
systems and building management services, enabling
office towers, corporate complexes, sports stadiums,
hospitals and a variety of other structures to get
environmentally friendly services.
The company was acquired by Aterian Investment Partners
through an LBO on September 9, 2019 for an undisclosed sum.
Petroleum Solutions Provider of petroleum and energy-related services. The
company offers distribution, fuel handling equipment,
comprehensive fueling, distribution, maintenance and
installation services.
The company was acquired by Jones & Frank, via its financial
sponsor MidOcean Partners, through an LBO on September 27,
2019 for an undisclosed sum.
Power Overhaul Provider of operations and maintenance (O&M) services
intended to serve clients in the solar industry. The
company provides services like performance testing,
installation, inspection and other services.
The company was acquired by SunSystem Technology, via its
financial sponsor Royalty North Partners, through an LBO on
September 5, 2019 an undisclosed sum.The acquisition expands
SST's services and footprint in the U.S. solar O&M market.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Prime Wood Craft Provider of innovative and sustainable pallet
management and packaging solutions. The company
develops unique, environmentally friendly, data
transparent and economical programs for many major
and mid-major retailers along with comprehensive on-site
management programs (COMP), complete pallet and
packaging recycling services, new and recycled pallet
sales along with sourcing and logistics solutions.
The company was acquired by Northwest Pallet, via its financial
sponsor Huron Capital Partners, through an LBO on September
9, 2019 for an undisclosed sum.
Pro Safety Services Provider of safety management services. The company
provides full-time site safety management, loss control,
training, periodic audits, and safety management program
development services to construction companies,
builders, and other industries.
The company was acquired by Risk Strategies Company, via its
financial sponsors Kelso Private Equity and HarbourVest
Partners, through an LBO on September 23, 2019 for an
undisclosed sum.
Pro-vision Provider of commercial mobile video technology
exclusively for commercial, law enforcement and transit
applications. The company designs, manufactures and
installs rugged rear vision and video recording systems,
body-worn cameras, and video management software.
The company was acquired by JMC Capital Partners through an
LBO on September 6, 2019 for an undisclosed sum.
Procter & Gamble (Joy Hand Dish
Retail, Joy Hand Dish PGP and
Cream Suds PGP businesses)
Portfolio of brand rights. The portfolio includes Joy Hand
Dish Retail, Joy Hand Dish PGP and Cream Suds PGP
businesses.
Portfolio of brand rights was acquired by Prestige Value Brands,
via its financial sponsor Capital Park, through an LBO on
September 3, 2019 for an undisclosed sum.
Provenance Consulting Provider of process safety management services. The
company offers lifecycle support, relief system, risk
assessment, mechanical integrity services and has
software for process safety.
The company was acquired by Trinity Consultants, via its
financial sponsor Levine Leichtman Capital Partners, through an
LBO on September 18, 2019 for an undisclosed sum.
Pulse Veterinary Technologies Manufacturer of therapeutic devices and regenerative
veterinary medicine for pets. The company's therapeutic
devices and regenerative veterinary medicine are used for
the treatment of a variety of musculoskeletal disorders
causing chronic pain and lameness in pets. Its shock wave
devices provide sound energy therapy for healing dogs
and horses.
The company was acquired by Branford Castle Partners and
Siguler Guff & Company through an LBO on September 6, 2019
for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Pumps,Parts and Service Distributor of pumps. The company's products include
rotating and process equipment which serve industrial,
municipal and energy markets throughout the
southeastern United State, offering businesses a
comprehensive suite of services that support systems
design, performance optimization, equipment longevity
and inventory management.
The company was acquired by OTP Industrial Solutions, via its
financial sponsor Genstar Capital, through an LBO on September
11, 2019 for an undisclosed sum.
Quad656 Provider of staffing and hiring services. The company
specializes in contract and direct hire recruiting for
accounting & finance, human resources & administrative,
sales & marketing, information technology, enterprise
resource planning, engineering & manufacturing and
insurance roles intended to help companies get skilled
employees and focus on their core activities.
The company was acquired by SolomonEdwardsGroup, via its
financial sponsor Boathouse Capital, through an LBO on
September 18, 2019 for an undisclosed sum.
RKD Direct Point Provider of direct advertising services serving non-profit
organizations through strategically crafted and creative
direct-response campaigns. The company specializes in
multi-channel fundraising and marketing for health and
disease charities, hospitals, international non-government
organizations, and other nonprofits globally.
The company was acquired by RKD Group, via its financial
sponsors BV Investment Partners and First Capital Partners,
through an LBO on September 13, 2019 for an undisclosed sum.
S and S Supplies & Solutions Provider of technical safety services and repair for
instruments and safety equipment intended to assure on-
site and off-site safety of workers. The company's
technical safety services include calibration and flow
testing, sanitizing, device inspections, respiratory masks
and equipment cleaning and fall protection services and
also offers tool and safety equipment rentals, enabling
businesses to find and hire safety equipment and practice
safety measures for reducing the health risks of workers,
especially of those working in mines and danger-prone
zones.
The company was acquired by Total Safety U.S., via its financial
sponsor Littlejohn & Co, through an LBO on September 13, 2019
for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Savour Food Safety International Provider of consulting, auditing and training services in
food safety and quality. The company specializes in
assisting companies in developing long-term food safety
culture and behavior change programs as well as internal
and external food safety communication plans from
developing marketing advantage, creating a culture to
communication during and after times of crisis for food
companies.
The company was acquired by Matrix Sciences, via its financial
sponsor Imperial Capital Group, through an LBO on September
12, 2019 for an undisclosed sum.
Saylite Provider of lighting solutions. The company offers LED,
smart lighting, sensors and retrofits that bridge the
worlds of lightning, construction, design and technology,
enabling offices, warehouses, multi-family projects and
hotels to enhance lighting, cut energy and reduce
maintenance costs.
The company was acquired by CORE Industrial Partners through
an LBO on September 4, 2019 for an undisclosed sum.
Schneider Packaging Equipment Manufacturer of case packing and robotic palletizing
solutions serving food and beverage, dairy,
pharmaceutical, personal care, plastics and paper
industries. The company manufactures a complete line of
robotic palletizing, case packers, tray packers, high-
performance random case sealers, specialty cartoning
systems and integrated packaging solutions as well as
ancillary equipment.
The company was acquired by GenNx360 Capital Partners and
Harvey & Company through an LBO on September 16, 2019 for
an undisclosed sum.
Schultz Roofing Supply Distributor of roofing products and accessories. The
company's offerings include skylights, weather vanes, rain
catchers, cupolas, shingles, exterior trim, siding, windows,
vinyl fence and railings, synthetic decking, metal roofing
and other complementary products, enabling general
contractors, homeowners, and building owners to get
access to a huge variety of quality roofing products in an
efficient and effective manner.
The company was acquired by SRS Distribution, via its financial
sponsors Leonard Green & Partners and Berkshire Partners,
through an LBO on September 6, 2019 for an undisclosed sum.
SeaTac (Kent Operations) Distributor of transmission and driveline parts. The
company provides its services across Washington.
The kent operations of SeaTac Parts Warehouse were acquired
by Transtar Industries, via its financial sponsor Silver Point
Capital, through an LBO on September 5, 2019 for an
undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
SequenceBase Provider of patent sequence information to the
biotechnology, legal, pharmaceutical, scientific, technical
and academic bioinformatics communities. The
company's database covers all biological sequence
information from worldwide patents benefiting
Intellectual Property (IP) professionals, bioinformatics
specialists, molecular biologists and licensing & business
development professionals.
The company was acquired by Clarivate Analytics, via its
financial sponsors Onex, ACE & Company and Baring Private
Equity Asia, through an LBO on September 9, 2019 for an
undisclosed sum.
SinterMet Designer, researcher and manufacturer of tungsten
carbide rolls and powder metallurgy rolls for rod and bar
mills located throughout the world. The company's
products are produced from tungsten carbide, powder
metallurgy tool steel and other advanced materials in
different shapes and sizes based on the needs on the
client and can meet the supply demands due to its
manufacturing capabilities enabling enterprises to get the
required product on time.
The company was acquired by V&A Capital through an LBO on
September 2019 for an undisclosed sum.
Solex Thermal Science Manufacturer of indirect heat exchangers for bulk solids.
The company specializes in the heating, cooling and
drying of bulk solids and is applied to the processing of
fertilizer, sugar, oil seeds, grains and plastics.
The company was acquired by Mosman Stainless Steel, via its
financial sponsor Anders Invest, through an LBO on September
9, 2019 for an undisclosed sum.
Southern Supply Company Manufacturer and supplier of fire protection, first aid
safety and emergency products & services. The
company's services include sales and service of portable
fire extinguishers, fixed system fire extinguishers and fire
protection system designs.
The company was acquired by Summit Companies, via its
financial sponsor CI Capital Partners, through an LBO for an
undisclosed sum on September 6, 2019.
Southwest Elevator Company Provider of preventative maintenance, repair and
modernization services for elevators and escalators The
company's offerings include design, installation,
renovation, service and repair and preventative
maintenance programs for elevators, enabling clients to
get access to customized products and services for their
elevators.
The company, a subsidiary of Kone, was acquired by Align
Capital Partners through an LBO on September 17, 2019 for an
undisclosed sum. The company was recapitalized as part of the
transaction.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Space Electronics Manufacturer of aerospace mass properties
measurement instruments. The company's instruments
measure center of gravity, moment of inertia, product of
inertia, moment weight and dynamic balanc for the
aerospace, defense and military markets. It also
manufactures igniter circuit testers and precision
ohmmeters.
The company was acquired by Raptor Scientific, via its financial
sponsor L Squared Capital Partners, through an LBO on
September 9, 2019, for an undisclosed sum.
Specialized Property Evaluation
Control Services
Provider of property risk and loss quantification
consulting services intended to serve the insurance, legal,
and construction communities. The company provides
property damage assessments, restoration consulting,
construction project administration, risk management,
facility services, and catastrophic response consulting
services.
The company was acquired by J.S. Held, via its financial sponsor
Lovell Minnick Partners, through an LBO on September 17, 2019
for an undisclosed sum. Joining J.S. Held will give the company
access to more resources and expertise that will bring
substantial benefit to its clients.
StoneStreet Advisor Group Provider of retirement plan consulting services. The
company provides expertise and specialized resources
needed to assist in managing fiduciary obligations, and
assist employees with retirement planning.
The company was acquired by Hub International (United States),
via its financial sponsors Hellman & Friedman, HarbourVest
Partners, Altas Partners and AlpInvest Partners through an LBO
on September 17, 2019 for an undisclosed sum.
Strength Environmental Provider of wastewater treatment services. The company
offers waste treatment and disposal services, industrial
cleaning, facility services, on-site services, professional
services and transportation services intended for public
and private sector customers.
The company was acquired by Valicor Environmental Services,
via its financial sponsor Pritzker Private Capital, through an LBO
on September 17, 2019 for an undisclosed sum.
TA Realty (Portfolio of 68
Properties)
68 properties logistics portfolio, located in the United
States.
The real estate portfolio of TA Realty was acquired by The
Blackstone Group through an LBO on September 3, 2019.
Tanknology Provider of environmental compliance, testing and
inspection platform designed for petroleum fueling
systems. The company's platform offers compliance
testing, including tanks, lines and leak detectors,
secondary containment testing, periodic inspection
services and environmental compliance services for
petroleum fueling systems.
The company was acquired by Hamilton Robinson Capital
Partners and its management through an LBO on September 13,
2019 for an undisclosed sum. The company was recapitalized
through this transaction.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
TechLink Provider of temporary technology and IT professional
staffing services. The company specializes in high-end,
technical skill sets and offers the full range of technology
placement needs, from staff augmentation to end-to-end
project management.
The company was acquired by The Execu|Search Group, via its
financial sponsor New Heritage Capital, through an LBO on
September 11, 2019 for an undisclosed sum.
Tencue Productions Operator of a full service event production and consulting
company. The company works with a network of
designers, technicians and a production team to develop
an event that excites the audience while promoting the
proper message and image.
The company was acquired by Opus Agency, via its financial
sponsor Growth Catalyst Partners, through an LBO on
September 9, 2019 for an undisclosed sum.
Tennessee Glass Wholesalers Distributor of glass products based in Tennessee, United
States. The company offers products including beveled
glass, leaded glass, laminated glass, tempered glass,
safety glass, and float glass to their clients. The company
is no longer actively tracked by PitchBook.
The company was acquired by American Insulated Glass, via its
financial sponsor AV Capital, through an LBO on September 24,
2019 for an undisclosed sum. The deal will accelerate
company's ability to service customers in East Tennessee,
Kentucky and Virginia.
The Incentive Group
(Massachusetts)
Provider of employee benefits consulting and brokerage
services. The company offers business owner clients with
employee benefits such as health insurance, medical
plans, dental plans, group life insurance and disability
insurance plans, providing clients with customized
support and services.
The company was acquired by The Hilb Group, via its financial
sponsor ABRY Partners, through an LBO on September 1, 2019
for an undisclosed sum.
The NCHERM Group Operator of multidisciplinary risk management consulting
firm intended to offer practices for campus health and
safety. The company offers training for behavioral
intervention and threat assessment, campus conduct
officers and boards, mental health counselors, campus
misconduct and other related topics, enabling clients to
access their service for compliance consult, expert
witness and litigation.
The company was acquired by Renovus Capital Partners through
an LBO on September 16, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Thinkstep Provider of consulting services intended to build business
value from sustainability. The company's services offer a
life cycle assessment tool for sustainability data
administration and evaluation on the organization,
facility, process and product life cycle levels to drive
operational excellence, product innovation, brand value
and regulatory compliance, enabling businesses to
succeed in the long run and earn more revenue.
The company was acquired by Sphera Solutions via its financial
sponsor Genstar Capital, through a LBO on September 16, 2019
for an undisclosed sum.
Tower International Tower International Inc is a manufacturer of structural
metal components and assemblies used in the
automotive industry. The company offers body-structure
stampings, frame and other chassis structures, complex
welded assemblies, and suspension components for small
and large cars, crossovers, pickups, and sport utility
vehicles. Tower International supplies its products directly
to original equipment manufacturers.
The company was acquired by Autokiniton Global Group, via its
financial sponsor KPS Capital Partners, through a $900 million
public-to-private LBO on September 30, 2019.
Trailer Wizards Provider of commercial trailer fleet services. The company
specializes in trailer dealerships, trailer rental services,
trailer leasing, trailer maintenance, trailer parts and trailer
storage.
The company entered into a definitive agreement to be
acquired by TIP Trailer Services, via its financial sponsor I
Squared Capital, through an LBO on September 9, 2019 for an
undisclosed sum. HSBC Bank Canada and Scotiabank provided
debt financing for the transaction.
Transportation Specialist's Group Provider of third-party logistics and transportation
management services. The company offers rate
negotiations and procurement, rate shopping, bill of
lading generation, shipment tendering, tracking and
reporting. freight audit, payment and more, enabling
distributors and manufacturers to save money through
benchmarking freight.
The company was acquired by Transportation Insight, via its
financial sponsor Gryphon Investors, through an LBO on
September 25, 2019 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
Treat America Food Services Provider of food service management services based in
Mission, Kansas. The company manages more than 120
on-site dining facilities providing food service and catering
to business & industry, government agencies, schools,
colleges, and health care facilities throughout the
midwest, offering comprehensive, customized food
service solutions tailored to the needs of each individual
client.
The company was acquired by 365 Retail Markets, via its
financial sponsor McCarthy Capital, through an LBO on
September 6, 2019, for an undisclosed sum.
Triman Industries Provider of military, aerospace, and commercial
components. The company offers military land, sea, and
air aftermarket products intended to meet and exceed
customer expectations and achieve management goals.
The company was acquired by AE Industrial Partners through an
LBO on September 3, 2019 for an undisclosed sum.
Tutela Technologies Provider of mobile crowdsourced customer experience
data. The company gathers information on mobile
infrastructure and tests wireless experience, helping
mobile network operators and network equipment
manufacturers around the world to compare operators as
well as make decisions in network and infrastructure
planning and optimization.
The company was acquired by Comlinkdata, via its financial
sponsor Alpine Investors, through an LBO on September 5, 2019
for an undisclosed sum.
United Bulk Terminals Davant Provider of dry bulk marine transportation and terminal
services. The company operates a dry bulk export
terminal that handles coal and pet coke operations.
The company, a subsidiary of U.S. United Bulk Terminal, was
acquired by T. Parker Host via its financial sponsor Metalmark
Capital, through an LBO on September 6, 2019 for an
undisclosed sum.
United Security Services Provider of fire safety products and services. The
company provides security system packages, fire alarm
systems, smoke detectors and other security products.
The company was acquired by Summit Companies, via its
financial sponsors CI Capital Partners and PennantPark Floating
Rate Capital, through an LBO on September 6, 2019 for an
undisclosed sum. The deal will help the company to offer its
customers a one-stop fire and line safety package.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
VarcoMac Provider of electrical services. The company's services
range from the design-assist delivery of electrical
systems, to comprehensive ongoing and preventative
maintenance arrangements throughout the lifecycle of
buildings, enabling data centers, hospitals, biotech labs
and other mission critical facilities to function smoothly.
The company was acquired byTherma, via its financial sponsor
Gemspring Capital, through an LBO on September 3, 2019 for an
undisclosed sum.
Vinyl Tech Distributor of lumber and lumber products in Ohio,
Pennsylvania and Indiana. The company is a retailer of
wood products serving furniture and playground builders.
The company was acquired by Tangent Technologies, via its
financial sponsor The Sterling Group, through an LBO on
September 20, 2019 for an undisclosed sum. This acquisition
will extend Tangent's capabilities in sheet manufacturing,
fabrication and assembly, as well as in distribution and
fulfillment for key geographies.
Vital Connections Designer and manufacturer of specialty medical cables
and wires. The company provides medical cables, wires
and accessories used in cardiac imaging, diagnostic
patient monitoring, ECG (electrocardiogram) and other
electrophysiological diagnostic areas including sleep
therapy.
The company was acquired by Advantage Medical Cables, via its
financial sponsors HealthEdge Investment Partners and Capitala
Group, through an LBO on September 9, 2019 for an
undisclosed sum.
VitalSmarts Provider of corporate training and leadership
development services. The company offers organizational
development services, through programs such as Crucial
Conversations, Crucial Accountability, Influencer and
Change Anything Training, enabling organizations to
achieve new levels of performance by changing employee
behavior.
The company was acquired by Leeds Equity Partners through an
LBO on September 30, 2019 for an undisclosed sum.
Water Science Technologies Developer of hydration technology designed to provide all
customers with a combination of chemistries and
application. The company's hydration technology is used
to make specialty polymers and biocides for industrial
water treatment; scale and corrosion inhibitors for oil
field applications; cationic and anionic emulsion and dry
polymers, enabling clients to efficiently treat waste water
problems.
The company was acquired by Italmatch Chemicals through a
LBO of undisclosed amount on September 27, 2017.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for September 2019
Company Name Description Deal Synopsis
WhartonHill Advisors Provider of wealth management services. The company's
investment selection and monitoring ensures that the
clients portfolio is structured with an eye towards
individual income tax posture, assisting clients in the
selection of tax efficient investments along with providing
retirement income planning.
The company was acquired by Hub International (United States),
via its financial sponsors Hellman & Friedman, AlpInvest
Partners, HarbourVest Partners and Altas Partners, through an
LBO on September 19, 2019 for an undisclosed sum.
Windsor Disposal Services Provider of waste management services intended to serve
residential, commercial, industrial and municipal
customers. The company offers bin rentals in various
sizes, indoor landfill service, municipal curbside waste and
recycling pickup, waste audits and other services.
The company was acquired by GFL Environmental, via its
financial sponsors BC Partners, Ontario Teachers' Pension Plan,
Government of Singapore Investment Corporation (GIC) and
ACE & Company through an LBO on September 5, 2019 for an
undisclosed sum. The acquisition extends GFL's footprint in the
Windsor region and complements its' existing capabilities in
southwestern Ontario.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615