Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Absolutdata Provider of consulting-oriented analytics and research The company was acquired by Infogain, via its financial sponsor services. The company offers services in areas of ChrysCapital, through an LBO on December 24, 2020. predictive, CRM (customer relationship management) analytics, conjoint, market research, marketing mix modeling, customer segmentation, data visualization and big data using big data techniques, machine learning, artificial intelligence and Internet of Things analytics, enabling technology, retail, travel and telecommunication companies to make better strategic and day-to-day business decisions. Action Elevator Provider of elevator maintenance services intended for The company was acquired by Southwest Elevator Company, via property owners and managers. The company provides its financial sponsor Align Capital Partners, through an LBO on elevator modernization, maintenance, repair and new December 15, 2020 for an undisclosed sum. construction services, serving customers across a variety of end-markets. Action Plumbing, Heating, Air & Provider of electric, plumbing and HVAC contracting The company was acquired by Randazzo Heating & Cooling, via Electric services based in Salt Lake City, Utah. The company's its financial sponsors Midwest Mezzanine Funds, Five Points services include plumbing, drain cleaning, heating, air Capital, Schroder Adveq Management and North Branch Capital, conditioning, air purification, water filtration, water through an LBO on December 2, 2020 for an undisclosed sum. heating and remodelling and reconstruction. ADB Companies Provider of infrastructure services intended for the The company was acquired by Warren Equity Partners through communication, utility and technology industries. The an LBO on December 17, 2020 for an undisclosed sum. Keybanc company offers planning, designing, deployment and Capital Markets, Capital One, PGIM Private Credit, Oaktree, AP maintenance of multiple infrastructure projects within the Commercial, Arvest Bank, Medley Capital and KeyBank provided communication, commercial construction, government $180 million debt financing in the form of a $125 million term and energy markets, enabling local, state and federal loan, a $25 million delayed drawn term loan and a $30 million government bodies and businesses to meets their utility revolving line of credit to support this transaction. infrastructure needs. Advanced Composite Products Manufacturer of engineered composite structures for The company was acquired by Charger Investment Partners and Technology defense, space, automotive, marine, industrial machinery through an LBO on December 15, 2020 for an undisclosed sum. and subsea telecom applications. The company specializes in designing, prototyping and producing composite products such as satellite components, thin-walled tubing, launch vehicle components, composite tank tracks, optical mounting assemblies and ordnance components.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Aerial Work Platforms Provider of the aerial lift equipment to the construction The company was acquired by Borgman Capital through an LBO industry. The company specializes in renting, selling and on December 15, 2020 for an undisclosed sum. The company servicing aerial lift equipment like articulated booms, also received debt financing in the form of senor debt from material lifts, industrial and rough terrain forklifts to its Associated Bank. clients. AeroSpares Designer and supplier of proprietary aftermarket The company was acquired by Jet Parts Engineering, via its replacement components, known as Parts Manufacturing financial sponsors Vance Street Capital, Neuberger Berman, PA Approval ("PMA") to the commercial and cargo markets. Capital, MLC Australia and Lexington Partners, through an LBO The company specializes in providing spare parts solutions on December 22, 2020 for an undisclosed sum. The transaction to a global network of airline and MRO partners, further enhances the company's catalog of proprietary committed to helping the customers battle the increasing aftermarket parts for the commercial and cargo aerospace costs of component, airframe, and engine maintenance industry. with its competitive pricing, reduced lead times, and customized repairs.
Agway Farm & Home Distributor of farm supply serving a network of private The company, a subsidiary of Southern States Cooperative, was dealers. The company provides farm and home retailers acquired by CriticalPoint Capital through an LBO on December with their seasonal home and hardware, farm supply, 21, 2020 for an undisclosed sum. lawn and garden, bird, pet and animal health products.
All-Star Fire Operator of a full-service fire sprinkler, fire alarm and fire The company was acquired by Fire Safety and Protection, via its extinguisher firm based in Norcross, Georgia. The financial sponsor Sunny River Management, through an LBO on company specializes in the installation, inspection, December 1, 2020 for an undisclosed sum. testing, monitoring, retrofitting, servicing and repairing and value engineering of fire safety systems.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Altru Labs Developer of a mobile-video platform designed to assist The company was acquired by iCIMS, via its financial sponsors businesses with hiring and training through employee- Vista Equity Partners and Susquehanna Growth Equity, through generated content. The company's platform facilitates an estimated $60 million LBO on December 14, 2020. The employer branding by communicating with applicants acquisition further expands iCIMS' market innovation and through content created and shared directly by leadership with interactive employee-generated content that employees, with features that let candidates chat with changes career sites from static to dynamic sources of existing employees prior to interviews, share videos and engagement and interactivity participate in live training sessions along with co-workers, enabling businesses to engage their employees in the recruiting process and tell authentic, insightful stories about the company through employee-generated videos.
American Pavement Preservation Provider of infrastructure construction and paving The company was acquired by Capital Alignment Partners services for private property owners and public properties through an LBO on December 4, 2020 for an undisclosed sum. in the U.S. The company specializes in asphalt pavement preservation and placement and offers engineering, development, grading, road construction, slurry seal, excavation, bridges, seal coating, paving, concrete work, striping, golf course construction, lot preparation, micro- surfacing and other related services.
Amerit Fleet Solutions Provider of fleet maintenance and management services The company was acquired by Brightstar Capital Partners and its based in Walnut Creek, California. The company offers management through an LBO on December 28, 2020 for an customized fleet maintenance programs, operating undisclosed sum. through a collection of mobile repair units, branch locations, and on-site customer locations, in order to increase uptime by identifying and addressing clients' specific areas of need. Applied Safety and Ergonomics Provider of consulting services related to human factors The company was acquired by Rimkus Consulting Group, via its based in Ann Arbor, Michigan. The company specializes in financial sponsor Century Equity Partners, through an LBO on offering forensic investigations and litigation support, December 16, 2020 for an undisclosed sum. product safety and warnings consulting, time and motion studies, usability evaluation and testing, historic research and analysis and time studies.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Aquaguard Waterproofing Provider of waterproofing services for residential and The company was acquired by JES Construction, via its financial Contractors commercial properties based in Atlanta, Georgia. The sponsors Cortec Group and Succession Capital Partners, through company offers a range of services including foundation an LBO on December 11, 2020 for an undisclosed sum. repair, concrete leveling, gutter cleaning and maintenance and roofing in order to protect the home so that clients can have a safe and healthy space.
Arandell Operator of catalog printing service company aimed at The company was acquired by Farragut Capital Partners, conserving resources and protecting the environment Saothair Capital Partners and Ocean Avenue Capital Partners using sustainable printing methods. The company utilizes through an estimated $31.32 million LBO on December 8, 2020. eco-friendly materials and water-based inks to offer Siena Lending Group and Great Rock Capital provided financing printing, premedia, paper management, marketing and to support the transaction. data management as well as logistics, delivery and mailing services to clients.
Area Wide Protective Operator of a chain of traffic control facility intended for The company was acquired by Kohlberg & Company through an communities, non-profit organizations, private LBO on December 23, 2020 for an undisclosed sum. contractors and major public utilities. The company offers a wide range of outsourced traffic management solutions, which include traffic control design and execution services in support of repair, maintenance and construction activities, in order to help clients to save time, protect people and businesses. ARYZTA (North America's Take- Operator of a take-and-bake pizza business catering to The business division of Aryzta North America was acquired by and-Bake Pizza) U.S. foodservice, mass retailers, clubs and grocery stores. Brynwood Partners through an LBO on December 7, 2020 for an The company manufactures private label take-and-bake undisclosed sum. pizzas and flatbreads. AWT Labels & Packaging Provider of labeling and printing services to the health The company was acquired by Morgan Stanley Capital Partners care, food and beverage, personal care, household, through an LBO on December 18, 2020 for an undisclosed sum. specialty and industrial markets. The company offers pressure-sensitive digital labels, laminating multi-layer film structures, shrink sleeves, clinical trial labels, extended content labels and others, enabling clients to get custom labeling, packaging and converting services.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis BA Major Associates Provider of corporate tax advisory services focused on the The company was acquired by WilliamsMarston, via its financial biotechnology, pharmaceutical, medical device, sponsor Align Capital Partners, through an LBO on December 8, healthcare, renewable energy and technology sectors. 2020 for an undisclosed sum. The company specializes in the accounting and reporting for complex corporate income tax and tax compliance services for both public and private companies.
Ballast Research Provider of market intelligence and insights intended for The company was acquired by Falfurrias Capital Partners advancing effective policy conversations. The company through an LBO on December 15, 2020 for an undisclosed sum. offers federal advocacy consulting and state advocacy As part of the transaction, Mr. David Bradley will remain as a consulting services for getting direct feedback from senior key investor in the company. policymakers to government relations professionals, helping advocates make better use of policymakers' time and deliver the resources useful to those in government.
Base2 Engineering Developer of hardware and software tasks for customers The company was acquired by Aegis Technologies Group, via its in the United States intelligence, defense, space and financial sponsor Arlington Capital Partners, through an LBO on aviation communities. The company specializes in the December 21, 2020 for an undisclosed sum. design and development of cutting-edge cyber solutions across the domains of computer network operations, signals intelligence and quick reaction capability.
Big City Access Supplier of scaffolding and access equipment services. The company was acquired by BrandSafway, via its financial The company's products include frame and system sponsors Ardian, Clayton, Dubilier & Rice and Brookfield scaffold, suspended scaffold, shoring, trash chutes, bridge Business Partners, through an LBO on December 1, 2020 for an buggies, overhead protection, rolling towers, outrigger undisclosed sum. load platforms and safety and equipment include a wide range of access tools such as canopy frames on sidewalks, building entrances and exits for pedestrian overhead protection, stair towers to access floors and rooftops, enabling building constructors and renovators to hire the required equipment so as to complete their projects in a cost-effective yet safe manner.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis BioNaturals Manufacturer and provider of natural ingredients and The company was acquired by Millbo, via its financial sponsor clean label products across Europe, the United States and Ergon Capital Partners, through an LBO on December 16, 2020 Asia-Pacific. The company employs proprietary process for an undisclosed sum. technology to manufacture products that are natural, clean label, multifunctional flavor and provide ingredients that safeguard the aroma, taste, appearance and shelf-life of the baked goods helping in optimizing supply chain costs, improving the safety of the products and reducing waste. BluePrint Research Group Owner and operator of a marketing research consultancy The company was acquired by Trinity Partners, via its financial intended to design and execute research to drive global sponsor Parthenon Capital Partners, through an LBO on brand commercialization efforts. The company specializes December 9, 2020 for an undisclosed sum. The acquisition in crystallizing the lens, mapping the journey of patients, enables Trinity Partners to become the top leader in life developing segmentation to elucidates similarities and sciences industry and solidifies its global presence. helps in designing a comprehensive performance management system, enabling healthcare companies to develop and execute marketing research to inform strategy development, planning, and execution for a brand's commercialization efforts.
Brady Industries Provider of janitorial and sanitation products and The company was acquired by Individual FoodService, via its solutions intended for cleaning and food service financial sponsor Kelso Private Equity, through an LBO on professionals. The company offers a wide range of December 14, 2020 for an undisclosed sum. cleaning solutions, which include sanitary papers and disposables, janitorial maintenance equipment, rentals and service, laundry products, ware wash systems and other related solutions, to hospitality, education, healthcare, government, building service contractors and other sectors. Brekan Nava Group Provider of commercial real estate appraisal and The company was acquired by Butler Burgher Group, via its consultancy services. The company's services include financial sponsor Silver Oak Services Partners, through an LBO commercial appraisals, feasibility studies, development on December 16, 2020 for an undisclosed sum. analysis and rent analysis for various types of properties like offices, warehouses, apartments, retail and shopping center and medical clinics.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Cadence Fluidics Manufacturer of custom valves and fluidic subassemblies The company was acquired by Detector Technology, via its for life science OEM customers. The company develops financial sponsor Ampersand Capital Partners, through an LBO fluidic components for HPLC, mass spectrometry, on December 7, 2020 for an undisclosed sum. This acquisition preparative and flash chromatography, microfluidics and further enhances Detector Technology's manufacturing and subassemblies for many liquid handling applications. engineering resources and expertise, allowing it to accelerate OEM client development projects through offering highly customizable products for market-specific applications.
Calvin's Electric Provider of electrical wiring and subcontractor services The company was acquired by In Charge, via its financial for residential projects based in Dripping Springs, Texas. sponsor Search Fund Partners, through an LBO on December 10, The company specializes in delivering hardwire electric 2020 for an undisclosed sum. services for the clients' projects while improving each customer's electrical efficiency and providing electrical code compliance consulting as needed.
Centerline Partners Operator of a life sciences management consulting firm The company was acquired by Ettain Group, via its financial catering to the healthcare sector. The company's platform sponsor A&M Capital, through an LBO on December 3, 2020 for enables clients to standardize and improve the way their an undisclosed sum. IT and Business Operations organizations interact with their internal business customers.
Centronix Operator of a full-service communications provider. The The company was acquired by Mobile Communications company offers two-way radios for a variety of sectors America, via its financial sponsor Sentinel Capital Partners, such as construction, education, healthcare, hospitality through an LBO on December 18, 2020 for an undisclosed sum. and law enforcement to facilitate wireless The acquisition expands Mobile Communications America's communication. footprint in Texas and offers more than 75 locations across the United States.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Centurion Service Group Provider of medical equipment disposition, The company was acquired by TRIMEDX, via its financial refurbishment, and replacement services for hospitals sponsors Prettybrook Partners and TowerBrook Capital and other healthcare facilities. The company is a surplus Partners, through an LBO on December 2, 2020 for an medical equipment management entity that partners undisclosed sum. The added capabilities of the company will with hospitals and surgery centers to unlock the value of allow TRIMEDX clients to gain maximum value from their excess medical equipment that frees up important financial medical equipment through the company's auction services. resources and offers new and refurbished equipment for direct sale to customers, making it hassle-free for healthcare facilities to create strategies for surplus equipment liquidation. Clean-Tech Company Provider of commercial cleaning services. The company The company was acquired by HES Facilities, via its financial offers custodial, grounds and facility maintenance to the sponsor Nautic Partners, through an LBO on December 4, 2020 educational, medical and industrial sectors. for an undisclosed sum. The acquisition positions HES Facilities as a national leader in the provision of outsourced janitorial, groundskeeping and building management services to clients in both higher education and K12 school districts.
Cold Steel Manufacturer of knives, cutlery, and tools based in The company was acquired by GSM Outdoors, via its financial Ventura, The company's product portfolio includes knives, sponsor Gridiron Capital, through an LBO on December 3, 2020 swords, tomahawks, machetes, cutlery and other martial for an undisclosed sum. arts items and training equipment made up of carbon steel, enabling military and law-enforcement personnel to use this weapons in their day to day life for self defense.
Colonnade Group Provider of event management services that engineers The company was acquired by Tailgate Guys, via its financial exceptional experiences to elevate every fan's game day. sponsor Teall Capital, through an LBO on December 15, 2020 for The company fills a gap in event management expertise an undisclosed sum. by providing comprehensive logistical solutions in the areas of premium seating, temporary structures, interactive fan events, VIP hospitality experiences, corporate hospitality and sales, fan experiences and customized solutions intended for a dozen Division I Universities, the nation's largest collegiate athletic conferences, the NCAA, and the College Football Playoff.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Combustion & Control Solutions Provider of boiler repairing, installation and repairing The company was acquired by Alderman Holdings through an services. The company works for original equipment LBO on December 29, 2020 for an undisclosed sum. manufacturers in the fabrication, assembly, factory start- up and service of boilers and thermal fluid heaters in the United States and overseas for a variety of manufacturing, distillery, hospital and chemical businesses.
Commonwealth Rolled Products Manufacturer and supplier of automotive and common The company, a subsidiary of Aleris, was acquired by American alloy aluminum rolled products for the automotive, Industrial Partners through an approximately $171 million LBO building and construction, transportation and consumer on December 1, 2020. durables industries. The company provides services to produce sheet and coil in various alloys and tempers, for many industries and a wide variety of applications.
CTS Engines Provider of maintenance, repair and overhaul services for The company was acquired by J.F. Lehman & Company through jet engines. The company offers services for the an LBO on December 28, 2020 for an undisclosed sum. As a part restoration of engine's gas path, including the overhaul of of the transaction Barings Finance and Siemens Financial the compressor, combuster and turbine as well as Services provided debt financing to support the deal. purchase, sale and leasing of turbine engines on a daily basis. Cunningham Associates Heating Provider of heating, ventilation and air conditioning The company was acquired by Southern Hvac Corporation, via and Air Conditioning services based in Atlanta, Georgia. The company offers its financial sponsor MSouth Equity Partners, through an LBO on installation, repairs and maintenance services serving December 22, 2020 for an undisclosed sum. residential and light commercial customers. Dahlquist Machine Provider of precision components primarily for the The company was acquired by Incodema3D, via its financial electronics, instrumental and industrials end markets. The sponsor CORE Industrial Partners, through an LBO on December company specializes in high-speed precision machining of 21, 2020 for an undisclosed sum. light metal, aluminum and plastic products for a customer base largely comprised of established medical device and laboratory testing equipment OEMs.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Dayspring Restoration Provider of restoration, mitigation and renovation The company was acquired by Trinity Hunt Partners through an services for residential and commercial properties in LBO on December 21, 2020 for an undisclosed sum. Montana. The company offers water damage clean up, fire and smoke damage restoration, mold removal. electronics decontamination and data recovery services.
DH Striping Provider of pavement maintenance services serving retail, The company was acquired by Lincoln Road Global Management property management, real estate development and and Trivest Partners through an LBO on December 22, 2020 for other commercial customers. The company specializes in an undisclosed sum. parking lot maintenance, pavement marking, asphalt patching, restriping, thermoplastic markings, seal coating, hydro blasting and signage services.
Engineering by Design Provider of interventional medical device and component The company was acquired by Arcline Investment Management manufacturing technologies, including precision coil through an LBO on December 16, 2020 for an undisclosed sum. winding equipment, catheter laminators and reflow machines, spooling and unspooling machines and custom solutions. The Company's equipment and consumables are used by leading medical device OEMs and contract manufacturers to manufacture precision devices and therapeutic components used in a wide variety of growing cardiovascular and neurovascular interventional therapies.
ENTACT Provider of field remediation and construction services. The company was acquired by J.F. Lehman & Company and its The company offers vapor extraction, environmental management through an LBO for an undisclosed sum on remediation, laboratory soil treatability testing, December 15, 2020. As a part of the transaction Deutsche Bank stabilization, solidification and compaction services in the provided debt financing to support the deal. United States.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis FitzMark Provider of third-party logistics services focused on The company was acquired by Calera Capital, Mr. Scott transportation management and warehousing within the Fitzgerald and its existing management through an LBO on United States. The company operates as a tech-enabled December 22, 2020 for an undisclosed sum. national 3PL and provider of transportation management system products to more than 2,000 shippers and 25,000 carriers by focussing on brokerage and logistics for the truckload, flatbed, refrigerated and less-than-truckload markets. FoodChain ID Provider of food safety testing, third-party certification The company was acquired by Berkshire Partners, Mr. Brad and consulting services intended to address challenges Riemenapp and its management through an LBO on December and opportunities in the rapidly evolving food industry. 8, 2020 for an undisclosed sum. The company was recapitalized The company offers data, technologies and tools as a part of the transaction. necessary to meet the growing demand for higher levels of transparency, accountability, safety and sustainability across the supply chain by focussing on areas that include food safety, organic and non-GMO verification and testing, product labeling, production methods, environmental, societal impact and any associated claims along with regulatory compliance thus validates, verifies and certifies the full scope of an organization's framework that ultimately helps to builds consumer trust and brand equity.
FortyFour Provider of digital marketing and design services. The The company was acquired by Bounteous, via its financial company offers enterprise platforms, digital strategy, sponsor Mountaingate Capital, through an LBO on December 8, branded content, and content management platforms, 2020 for an undisclosed sum. that help global brands design, build platforms and campaigns that engage customers at every point in the journey. Fox Electronics (Commercial Supplier of frequency control products for the electronics The company, a subsidiary of Integrated Device Technology, was Products) market. The company is engaged in manufacturing and acquired by Abracon, via its financial sponsors The Riverside supplying frequency control products, including crystals, Company and Bain Capital Specialty Finance, through an LBO on oscillators, timing devices and crystal filters. December 8, 2020 for an undisclosed sum.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Gard'N-Wise Distributors Supplier of landscape products intended for garden The company was acquired by BFG Supply, via its financial centers, retail and commercial nurseries. The company sponsor Incline Equity Partners, through an LBO on December offers sourcing, product knowledge training and 17, 2020 for an undisclosed sum. The acquisition of Gard'N- warehouse delivery for grower supplies, lawn and garden Wise significantly expands the Company's geographic footprint fertilizers & chemicals, landscape fabrics, hydroponics as and ability to serve customers in the Midwest, Southwest and well as greenhouse and turf products. Mountain West regions. Gowanda Components Group Designer and manufacturer of board-level magnetic The company was acquired by iNRCORE, via its financial inductive components for the original equipment sponsors Oaktree Capital Management and The Jordan manufacturer (OEM) electronics marketplace. The Company, through an LBO on December 31, 2020 for an company provides application specific and standard undisclosed sum. inductors for radio frequency, microwave and power applications for the defense and medical device sectors.
Graphik Dimensions Provider of fine art printing and framing services intended The company was acquired by Circle Graphics, via its financial for artists, photographers, galleries, grandmas and sponsors Falcon Investment Advisors, H.I.G. Capital, Arbor governments. The company offers custom printing & Ventures (London) and Search Fund Partners, through an LBO framing, custom decor & supplies such as mirrors, photo on November 2020 for an undisclosed sum. frames, corkboards, chalkboards, dry erase boards, framing supplies and mat & liners. It also provides personalized gift services for weddings, graduation and housewarming. Great Oak Landscape Group Provider of landscape maintenance and enhancement The company was acquired by Landscape Workshop, via its services based in Buford, Georgia. The company provides financial sponsors Landscape Workshop and McKinney Capital, full-service grounds management services that include through an LBO on December 9, 2020 for an undisclosed sum. professional service and maintenance for outdoor commercial spaces.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Griffin Dewatering Manufacturer of equipment and designing dewatering The company was acquired by Crossplane Capital through an systems for complex groundwater problems in the LBO on December 2, 2020 for an undisclosed sum. construction industry. The company provides turnkey dewatering services utilizing its self-manufactured pumping equipment and conducts its operations through eight branch locations across the United States, as well as offers deep well and eductor systems, water treatment and filtration, bypass pumping, pump rental and groundwater controls and hydraulic submersible pumping for a wide range of pumping applications.
Gudenkauf Provider of self-perform construction services for The company was acquired by Congruex, via its financial telecommunications, utility and systems integration. The sponsor Crestview Partners, through an LBO on December 22, company is a provider of diversified telecommunications, 2020 for an undisclosed sum. utility and systems integration services and its offerings include outside plant construction, splicing, emergency restoration services, pole line construction, security system installation and more.
Hope Valley Industries Manufacturer and distributor of automotive accessories The company was acquired by Adell (Door Edge Guards), via its for the OEM market. The company is a multi-functional financial sponsor Kinderhook Industries, through an LBO on manufacturer and outsources all-weather automotive December 18, 2020 for an undisclosed sum. Debt financing for accessories, including floor-mats, mud-flaps, fender-flares the transaction was provided by BBVA USA, Alliance Partners and a variety of consumer products. LLC and Stifel Bank & Trust. The acquisition allows VAI to expand its network of core OEM relationships and offers entry into an exciting and growing new product category, all-weather floor mats. Horizon Terminal Services Provider of automotive services and port terminal The company, a subsidiary of Höegh Autoliners, was acquired by operations in South and Central America. The company Amports, via its financial sponsor InstarAGF Asset Management, provides vehicle and equipment processing, warehousing, through an LBO on December 3, 2020 for an undisclosed sum. long and short-term storage, road and railroad access, cargoes, including static, breakbulk and project cargo services.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Hydroprocessing Associates Provider of specialized catalyst handling and reactor The company was acquired by Specialty Welding and maintenance services. The company has developed Turnarounds, via its financial sponsors ORIX Capital Partners and specific equipment and techniques to effectively unload Hastings Equity Partners through an LBO on December 28, 2020 catalysts for various reactors and processes using for an undisclosed sum. advanced equipment, a trained workforce, and the ongoing improvement of life support systems as well as operating procedures that allow safe project execution in a timely and efficient manner serving a broad range of industries including oil and gas, exploration and refining, petrochemical, mining, fertilizer plants, power plants and utilities. IMAGEN Brands Supplier of hard goods and imprinted products for The company was acquired by Koozie Group, via its financial corporate brands. The company specializes in offering sponsor H.I.G. Capital, through an LBO on December 22, 2020 products like rainwear, bags, drinkware, plushies and for an undisclosed sum. coolers for a range of industries and markets including education, finance, government, insurance, legal, health and fitness. Industrial Electric Motor Works Distributor and service provider of electric motor and The company was acquired by Integrated Power Services, via its generator. The company offers repairs & maintenance for financial sponsor Odyssey Investment Partners, through an LBO drives, motors, generators, pumps, fans, controls and on December 15, 2020 for an undisclosed sum. gearboxes. Infolinx Provider of records management services based in The company was acquired by Gimmal, via its financial sponsor Kensington, Maryland. The company specializes in Rubicon Technology Partners, through an LBO on December 1, offering physical and digital records management, file and 2020 for an undisclosed sum. asset tracking, enabling global organizations to successfully manage and protect their important physical records. IntelliSite IoT Manufacturer and provider of advanced surveillance and The company received an undisclosed amount of development monitoring services and equipment based in California, capital from Capital Southwest on December 11, 2020. The United States. The company offers technology financing is intended to be used for acquisition purposes. configuration, installation and event monitoring services for a variety of applications, including public safety, traffic control, theft detection and prevention, human access and industrial as well as infrastructure maintenance.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Intrepid Advisors Provider of tax consulting services regarding the federal The company was acquired by Source Advisors, via its financial and state research and development tax credits intended sponsor Gainline Capital Partners, through an LBO on December for manufacturing and technology companies. The 8, 2020 for an undisclosed sum. company specializes in providing research and development tax credit, cost segregation, LIFO inventory, §179d and §45l solutions nationwide.
IPS Fund Services Provider of fund administration and accounting services The company was acquired by Alter Domus, via its financial to small and mid-sized private equity and venture capital sponsor Permira, through an LBO on December 21, 2020 for an funds. The company offers tailored, comprehensive back- undisclosed sum. The strategic acquisition solidifies Alter office solutions that relieve fund managers of the Domus' presence in North America, increases its scale and administrative tasks associated with funds, providing capabilities significantly with an enhanced offering for clients seamless, cost-effective and reliable administrative locally and globally. support that help clients operate efficiently.
JBR Environmental Services Provider of cleaning and other environmental services to The company was acquired by VLS Recovery Services, via its customers in the Southeastern United States. The financial sponsor Aurora Capital Group, through an LBO on company offers a range of services including industrial Decmeber 3, 2020 for an undisclosed sum. cleaning, waste management and disposal, tank removal and assessment, sewer jetting, vacuum truck services to its clients. JCI Industries Provider of rotating equipment and process solutions for The company was acquired by OTP Industrial Solutions, via its the industrial and municipal markets in the midwestern financial sponsor Genstar Capital, through an LBO on December United States. The company operates as a leading 22, 2020 for an undisclosed sum. This acquisition of JCI further provider of pumps, motors, controls, field service, expands OTP Industrial Solutions' regional footprint into the remanufacturing work and engineered products for a Midwest and aligns with its growth strategy of providing current wide range of industries, including water and wastewater, and future customers in the Midwest with a familiar and trusted power, oil and gas, pipeline, pharmaceutical, pulp and solutions provider. paper, chemical, food processing and other manufacturing industries. Jer-And Distributor of commercial products for the flooring The company was acquired by Walcro, via its financial sponsor industry and architecture & design community. The WILsquare Capital, through an LBO on December 21, 2020 for company specializes in offering flooring and flooring an undisclosed sum. installation products manufactured by various brands.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Jonathan Engineered Solutions Designer and manufacturer of highly-engineered linear The company was acquired by JLL Partners through an LBO in movement systems, enclosures and isolators for military, December 2020 for an undisclosed sum. aerospace, commercial technology and industrial applications. The company's proprietary ruggedized enclosure products safely house electronics hardware for mission-critical communications, networking and defensive systems while being built to withstand harsh operating environments and customized to meet demanding end-user requirements.
Kimbrough Fire Extinguisher Provider of fire protection and safety services based in The company was acquired by Summit Companies, via its Company Mansfield, Texas. The company offers a range of services financial sponsors CI Capital Partners and PennantPark including kitchen hood and suppression, vehicle fire Investment, through an LBO on December 2, 2020 for an control, alarm and sprinkler monitoring to its clients. undisclosed sum.
King Electric Co. Supplier of electronic equipment based in Burlington, The company was acquired by Aptus Group USA, via its financial North Carolina. The company offers a range of products sponsor 3 Rivers Capital, through an LBO on December 23, 2020 including wiring, lighting decor, floor lamps, window for an undisclosed sum. blinds, interior accents and landscape lighting to its customers. KM2 Solutions Provider of business process outsourcing services The company received an undisclosed amount of development throughout the Caribbean, Central and Latin America. The capital from H.I.G. Capital on December 22, 2020. Prospect company offers bilingual, technically sophisticated Capital purchased $25 million of first lien senior secured floating personnel that provide solutions such as receivables rate notes issued to support the deal. As a result of the management, customer care, sales and back-office transaction, the company was recapitalized. support for clients in a diverse set of end-markets, including auto finance, travel and hospitality and healthcare sectors.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis KMS Closeouts Distributor of closeout consumer products for retail and e- The company was acquired by New State Capital Partners commerce customers. The company operates as a through an LBO on December 2, 2020 for an undisclosed sum. wholesaler of consumer product closeout, overstock and The company plans to leverage New State's resources to help factory refurbished merchandise alongside its own line of build out its logistics, sales and purchasing teams and sourced products that includes clothing, hardware, capabilities and to invest in technology that will enhance its housewares and small appliances, providing customers competitive position. the opportunity to purchase closeouts and special buys with the comfort of a legitimate vendor.
Labels West Provider of label printing services for the wine, spirits, The company was acquired by Resource Label Group, via its health and beauty, food and nutraceutical industries. The financial sponsors First Atlantic Capital and TPG Growth, company offers a diverse portfolio of capabilities through an LBO on December 10, 2020 for an undisclosed sum. including flexographic and digital printing, extended The acquisition broadens Resource Label Group's presence in content, tamper-evident and promotional label solutions, the Pacific Northwest. enabling clients to fulfill their requirements for labels and tag products. LoadPath Designer and developer of payload adapters, deployable The company was acquired by Redwire (Aerospace), via its structures, and thermal products for the space industry. financial sponsor AE Industrial Partners, through an LBO on The company specializes in the development and delivery December 15, 2020 for an undisclosed sum. of advanced engineered products and services for launch vehicles and satellite manufacturing and offers structural testing and thermal services.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis LSC Communications (PINX: LSC Communications Inc is primarily a printing services The company was acquired by Atlas Holdings through a $440 LKSDQ) provider in the United States. It offers a broad scope of million LBO on December 4, 2020. The transaction will be traditional and digital print, print-related services and supported by the company's existing secured creditors. office products. The company's operating segment include Magazines, Catalogs and Logistics; Book; Office Products; Mexico; Other and Corporate. It generates maximum revenue from the Magazines, Catalogs and Logistics segment. The Magazines, Catalogs and Logistics segment primarily produces magazines and catalogs and provides logistics solutions to the Company and other third parties as well as also provides certain other print- related services, including mail services. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and Mexico.
Lumin8 Transportation Provider of traffic and intelligent transportation systems The company was acquired by Crest Rock Partners and its Technologies services and technology. The company provides management through an LBO on December 1, 2020 for an engineering services for traffic signal timing & undisclosed sum. This will support to fast-track the company's coordination, traffic signal designs, system planned expansion throughout the United States and to communications and also assists in traffic signal and accelerate the development of innovative products and services lighting installation, management and execution, traffic for its customers. signal and lighting maintenance, detailed equipment health inspections, real-time maintenance and repairs reporting thus helping its clients make adjustments to meet demand during peak hours or during a special event. Lynne Services Provider of pavement maintenance services to facilities The company was acquired by DH Striping, via its financial throughout the Southeastern United States. The company sponsors Lincoln Road Global Management and Trivest Partners, specializes in asphalt maintenance including parking lot through an LBO on December 22, 2020 for an undisclosed sum. layouts, restriping of existing parking lots, crack sealing, hydro blasting, seal coating and asphalt repair.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Majestic Metals Manufacturer of precision sheet metals serving numerous The company was acquired by Incodema3D, via its financial end markets, including analytical instruments, medical, sponsor CORE Industrial Partners, through an LBO on December aerospace and defense, electronics and industrials. The 23, 2020 for an undisclosed sum. company offers design and manufacturing services with a focus on low-to-mid volume production while also providing support for designing, metal fabrication, painting and screen printing to final assembly.
.
Mapson Engineering Provider of precision graphic technologies for specialty The company was acquired by Fralock, via its financial sponsor electronic applications. The company provides specialized Arsenal Capital Partners, through an LBO on December 22, 2020 services in support of many prominent programs primarily for an undisclosed sum. in the aerospace and defense industries.
Mid-State Lumber Wholesaler of building materials for the retail lumber The company was acquired by U.S. Lumber Group, via its dealer. The company distributes PVC, fiber cement, financial sponsor Madison Dearborn Partners, through an LBO railing, porch flooring, clear & knotty boards, wood sliding on December 4, 2020 for an undisclosed sum. and stepping. Moulton Logistics Management Provider of fulfillment services for e-commerce and direct The company was acquired by Amware Fulfillment, via its response companies. The company operates as a third- financial sponsors Rotunda Capital Partners, Bratenahl Capital party fulfillment firm with a focus on e-commerce, direct Partners, Capital Southwest and Avante Capital Partners response marketplace, direct-to-consumer support, retail through an LBO on December 23, 2020 for an undisclosed sum. distribution, and customer care services. In addition, it The acquisition makes the Amware, one of the nation's largest also offers brands with web software solutions to manage privately held, national fulfillment companies and positions it to their marketing campaigns and operations. meet rising e-commerce demand from consumers shopping from home during the pandemic.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis NEOS (Management Consulting) Owner and operator of a business management The company was acquired by Capco Group, via its financial consultancy intended to help insurers design business sponsor Clayton, Dubilier & Rice, through an LBO on December strategies and improve their operational performance in 2, 2020 for an undisclosed sum. real time. The company's services specialize in providing database modernization, program budget re-forecasting, product and program assessment, product development process and governance modeling, sponsor coalition planning, company culture trust analysis, process investment evaluation, business process outsourcing, robotic process automation and project and program management, enabling insurance and financial service industries to improve performance, increase efficiencies and gain profitability.
Neptune Boat Lifts Manufacturer of the industrial-duty boat lift for marine The company was acquired by ShoreMaster, via its financial contractors and marinas. The company's offerings include sponsor Invision Capital, through an LBO on December 1, 2020 the dock, marine lifts and accessories markets while for an undisclosed sum. accommodating all boat types, sizes and applications with the help of certified structural engineers focusing its design and manufacturing on product safety for the marine industry.
New West Oil Company Distributor of lubricants, fuel and car care products to The company was acquired by RelaDyne, via its financial dealerships, quick lubes and service centers. The sponsors Audax Group and Antares Capital, through an LBO on company offers lubricants, automotive chemicals and December 9, 2020 for an undisclosed sum. flush service systems, automotive appearance products and automotive maintenance programs with professional sales, service writer and technician training complemented by customer retention tools and marketing solutions to help develop a comprehensive service maintenance program that will increase both service profitability and customer satisfaction.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis North American Pipeline Services Provider of water and sewer services to both the private The company was acquired by Vortex Companies, via its and public sectors. The company covers the full spectrum financial sponsor Platform Partners, through an LBO on of pipework from traditional sewer and stormwater December 23, 2020 for an undisclosed sum. maintenance programs to a full range of trenchless services including CCTV inspection and cleaning, pipe bursting, manhole rehabilitation, CIPP lining and large diameter geopolymer pipe to deliver cost-effective long- term services. Northstar Aviation (FBO Assets at Fixed-base operator assets at the Theodore Francis Green The FBO Assets of Northstar Aviation, were acquired by Lynx Theodore Francis Green State State Airport, Rhode Island. FBO Network, via its financial sponsor The Sterling Group, Airport) through an LBO on December 15, 2020 for an undisclosed sum.
Ozark Mountain Energy Distributor of motor fuel and propane supplying retail The company was acquired by Offen Petroleum, via its financial outlets, trucking companies and other end users. The sponsor Court Square, through an LBO on December 15, 2020 company is a wholesale business of gasoline and diesel to for an undisclosed sum. gas stations and convenience stores. Pacific Handy Cutter Designer and manufacturer and of specialized safety The company was acquired by Bertram Capital Management cutting tools and replacement blades. The company's through an LBO on December 17, 2020 for an undisclosed sum. products include self-retracting knives, safety grips, specialty utility knives, tools, cutters and accessories that are engineered to eliminate workplace injuries and product damage, enabling its clients to standardize the method of opening corrugated packaging in grocery, retail, quick-service restaurant and industrial warehouse operations. PartCycle Technologies Developer of an e-commerce platform designed for auto The company was acquired by Original One Parts, via its part industry. The company's modern and user-friendly financial sponsor Kinderhook Industries, through an LBO on platform operates as an online marketplace for quality December 17, 2020 for an undisclosed sum. recycled original equipment manufacturer (OEM) auto parts which are tested by robust quality control procedures, in order to enable customers to buy the required auto parts.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis PCI Pharma Services Provider of integrated pharmaceutical development The company was acquired by Kohlberg & Company and services to healthcare companies. The company provides Mubadala Development Company through an LBO on December pharmaceutical services like analytical services, 1, 2020 for an undisclosed sum. The company received $ 1.2 formulation development, clinical trial supply, commercial billion debt financing in the form of a $125 million revolver manufacturing and packaging as well as QP services, facility, a $920 million first lien loan and a $300 million second supply chain management, storage and distribution to the lien loan from Jefferies Finance, Credit Suisse, Deutsche Bank healthcare industry. and Antares Capital to support this transaction
Plan Benefit Services Provider of employee benefits consulting, management The company was acquired by The Hilb Group, via its financial and brokerage services based in Columbia, South sponsor The Carlyle Group, through an LBO on December 1, Carolina. The company specializes in offering retiree 2020 for an undisclosed sum. benefits, individual insurance, compliance management, and wellness programs, committed to delivering customized services to its clients.
Potters Industries Manufacturer of engineered glass materials serving oil The company, a subsidiary of PQ Group was acquired by The and gas industry, polymer additives, highway safety, Jordan Company through a $650 million LBO on December 14, metal finishing, and conductive particle markets. The 2020. Barclays Bank, Credit Suisse, Keybanc Capital Markets, company specializes in the production of engineered glass Antares Capital, MUFG Union Bank provided undisclosed materials that include hollow glass microspheres used as amount of debt financing in support of this transaction. weight-reducing fillers in fabricated plastics, automotive body putties, as extenders in adhesives and paints/coating formulations and are used as sensitizers in industrial explosives and it also offers highway safety marking glass beads and metal finishing beads.
PrimeSource Building Products Distributor of construction fasteners and non-lumber The company was acquired by Clearlake Capital Group through building products in North America. The company an LBO on December 31, 2020 for an undisclosed sum. The specializes in the distribution of products that includes acquisition will enable Clearlake Capital Group to expand its nails, screws, collated fasteners, tools, compressors, portfolio in the specialty distribution sector by carrying out add- roofing products, gypsum, wire fencing and other on acquisitions. products.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Proactive Dealer Solutions Operator of a training and consulting company The company received an undisclosed amount of development specializing in the implementation and rehabilitation of capital from Capitala Group on December 10, 2020. As a result business development initiatives within automotive of the transaction, the company was recapitalized. dealerships. The company works with dealers to increase their business without increasing their advertising budgets, by maximizing the sales and service opportunities that they currently have, improving productivity and profitability through a better structure, control and accountability of dealership operations.
ProctorU Provider of a full suite of online proctoring and identity The company was acquired by Gryphon Investors through an management services for academic, professional LBO on December 22, 2020 for an undisclosed sum. The development and certification organizations. The investment will allow the company to solidify its position and company's on-demand exam development and delivery accelerate growth, both organically and through strategic platform utilizes artificial intelligence which increases acquisitions. access to online learning, enabling students and test- takers to complete their exams using only a computer, webcam and an internet connection from nearly any location while still ensuring the academic integrity of the exam for the institution.
ProModel Government Services Provider of analytic software services to the Department The government services division of ProModel Corporation, was of Defense and Federal Government. The company's acquired by NuWave Solutions, via its financial sponsor AE mission-critical predictive and prescriptive analytic Industrial Partners, through an LBO on December 22, 2020 for software solutions visualize complex and disparate data, an undisclosed sum. synchronize operational needs, mitigate risk and optimize resources to support strategic and tactical decisions.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis PVR Research Operator of research and testing facility based in Duluth, The company was acquired by Curion, via its financial sponsor Georgia. The company manages and operates the facility, Monroe Capital, through an LBO on December 4, 2020 for an recruiting and support for a wide variety of qualitative undisclosed sum. and quantitative research that includes taste tests, sensory testing, focus groups, in-depth interviews, mock jury, off-site intercepts, in-store intercepts, children studies, telephone interviews/surveys, and consumer goods and product testing.
Raydon Developer of virtual reality training technology for the The company was acquired by By Light Professional IT Services, United States military. The company designs and develops via its financial sponsor Sagewind Capital, through an LBO on highly configurable operator stations and simulated December 4, 2020 for an undisclosed sum. vehicles and weapons enabling effective virtual training for warfighters providing full lifecycle solutions including engineering, custom manufacturing and supply chain management solutions in support of the DOD's virtual training and simulation programs.
Reco Biotechnology Provider of non-hazardous wastewater treatment and The company was acquired by Shamrock Environmental, via its disposal services intended to clean the environment. The financial sponsor CenterOak Partners, through an LBO on company provides soil remediation, vacuum truck December 15, 2020 for an undisclosed sum. services and disposal, wastewater and sludge treatment and approved disposal and fuel recovery services in Virginia, enabling clients to maintain a healthy environment. Red Monkey Foods Provider of contract manufacturing services intended to The company was acquired by Norwest Equity Partners through offer private label, organic spices and seasonings. The an LBO on December 9, 2020 for an undisclosed sum. As a part company's services manage gourmet store brand flavor of the transaction, Varagon provided senior secured credit programs for food, mass and specialty retailers through a facility; Norwest Mezzanine Partners provided subordinated global organic supply chain, strong product development debt financing and Bank of Ireland provided debt financing. capabilities and data-driven category management expertise.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Redwing Ecological Services Provider of a wide range of ecological assessment, The company was acquired by Resource Environmental environmental engineering and NEPA compliance Solutions, via its financial sponsor Kohlberg Kravis Roberts, services. The company is an ecological services firm through an LBO on December 21, 2020 for an undisclosed sum. specializing in streamlining the permitting process for wetland, stream and endangered species issues supporting public and private development and mitigation projects. Risked Revenue Energy Provider of risk management consulting services in energy The company was acquired by AEGIS Hedging Solutions, via its Associates hedging. The company provides analytics, hedge financial sponsors Baird Capital and Trilantic North America, execution, trade capture, valuation and reporting, hedge through an LBO on December 17, 2020 for an undisclosed sum. programs that protect the value and accelerate growth by transforming corporate price risk into a strategic advantage RND Automation & Engineering Desiner and manufacturer of custom robotics, packaging The company was acquired by Saw Mill Capital through an LBO and assembly machinery for packaging and assembly on December 17, 2020 for an undisclosed sum. applications in the medical device, life sciences, and consumer products sectors, among others. The company specializes in dial indexing, linear motion, robotic assembly, machine vision, horizontal & vertical form fill and seal packaging machines and also offers platform- agnostic robotics and vision systems integration, custom & standard packaging and assembly automation equipment. RR Health Strategies Provider of medical coding, compliance and operational The company was acquired by VMG Health, via its financial excellence management consulting services based in sponsor Northlane Capital Partners, through an LBO on Hauppauge, New York. The company specializes in December 8, 2020 for an undisclosed sum. offering a full suite of medical coding compliance-focused and operational excellence management services to health systems, academic medical centers, law firms, CPA firms, billing vendors, private equity firms, and healthcare practices.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis RuckIt Developer of a collaborative logistics platform designed The company was acquired by Command Alkon, via its financial for construction material producers, contractors, and sponsors Ares Capital and Thoma Bravo, through an LBO on carriers to order, track and manage the movement of bulk December 23, 2020 for an undisclosed sum. materials from plants to job sites. The company's platform automates invoice processing and reconciliation, optimizes the dispatch and routing of haulers and streamlines transportation management, enabling asphalt companies, haulers, general contractors and aggregate producers nationwide to unlock massive savings from their material transportation costs.
Santa Fe Midstream (Gas Portfolio of plant, gas gathering pipelines and natural gas The gas gathering and processing assets of Santa Fe Midstream Gathering and Processing Assets) liquids pipelines assets from Yoakum County, Texas. The were acquired by Stakeholder Midstream, via its financial assets include 30-30 Gas Treating and Processing Plant, sponsor EnCap Flatrock Midstream, through an LBO on low-pressure gas gathering pipelines, downstream December 15, 2020 for an undisclosed sum. residue, and NGL lines. It also includes a long-term acreage dedication from a San Andres oil and gas producer. Smith Hamilton Provider of equipment and security services for financial The company was acquired by Convergint Technologies, via its institutions. The company offers installation, equipment financial sponsor Ares Private Equity Group, through an LBO on service, alarm monitoring, physical security, electronic December 2, 2020 for an undisclosed sum. security and advanced solutions with expertise in retail bank branches and credit unions.
SOS Self Storage Operator of a climate-controlled and storage unit based in The company was acquired by StorageMart, via its financial Noblesville, Indiana. The company specializes in sponsor Cascade Investment, through an LBO on December 18, temperature-controlled and storage units along with 2020. parking for recreational vehicles and boats.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Spectrio Operator of an end to end technology-enabled customer The company was acquired by The Jordan Company through an engagement marketing firm intended to help clients LBO on December 15, 2020 for an undisclosed sum. deliver effective marketing messaging to their end users. The company operates as a provider of customer engagement services offering on-hold messaging, digital signage, interactive kiosks, wifi marketing, in-store music and scent marketing to an industry base ranging from small and medium businesses to enterprise level rollouts, serving over 100,000 locations world-wide, enabling businesses and corporate clients to engage and interact with their customers and achieve their marketing goals.
SpeedClean Manufacturer of maintenance tools for residential and The company, a subsidiary of Goodway Technologies, was light commercial HVAC professionals. The company acquired by DiversiTech, via its financial sponsor Permira, provides HVAC maintenance and coil cleaning tools such through an LBO on December 15, 2020 for an undisclosed sum. as portable and rechargeable coil cleaning systems, tablet- based coil cleaners and portable cleaning systems for tankless water heaters and mini-splits.
StampSource Provider of metal fabrication and stamping services based The company, a subsidiary of Power Partners, was acquired by in Charlotte, North Carolina. The company uses in-house Phoenix Stamping Group, via its financial sponsor JBA Capital, tool and die and design capabilities to offer metal through an LBO on December 14, 2020 for an undisclosed sum. stamping and fabrication, laser cutting, CNC stamping, metal forming, welding, tool and die support and other services. Stein Steel Mill Services Provider of slag processing and steel mill-related products The company was acquired by TMS International, via its and services to steel producers. The company's full- financial sponsors DNS Capital and The Pritzker Organization, service operations enable metal producers to handle a through an LBO on December 31, 2020 for an undisclosed sum. range of steel mill processing services such as slag removal and metallics reclamation, scrap handling, scrap management, recycling, raw material screening, material handling, and maintenance and repair services.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Stericycle Expert Solutions Provider of remediation and product recall services in the The company, a subsidiary of Stericycle, was acquired by United States, United Kingdom and Canada. The company Sedgwick Claims Management Services, via its financial offers strategic planning, streamlined customer sponsors The Carlyle Group, Ardian and ONEX, through an LBO interactions, retrieval, reverse logistics, call center and on December 2, 2020 for an undisclosed sum. other services, enabling businesses to manage the risks and minimize the impacts of business and product crises.
Steven H. Gentry & Associates Operator of a litigation services court reporting firm in The company was acquired by Lexitas, via its financial sponsor Texas. The company specializes in deposition coverage, Apax Partners, through an LBO on December 15, 2020 for an draft and condensed transcripts, statewide process and undisclosed sum. subpoena/citation service, court filings, legal videography and document reproduction, scanning and imaging.
Swiss Precision Machining Manufacturer of consumable instrument components The company was acquired by Vander-Bend Manufacturing, via utilized in robotic surgery and other high technology end its financial sponsor Aterian Investment Partners, through an markets. The company offers CNC swiss screw machined LBO on December 7, 2020 for an undisclosed sum. tight tolerance micro components and accessories, prototyping, engineering, assembly, among others.
Talent Function Operator of a human resource management consultancy The company was acquired by Cielo (Wisconsin), via its financial intended to facilitate the evolution of the corporate sponsor Permira through an LBO on December 3, 2020 for an staffing function. The company offers talent acquisition undisclosed sum. structure and design, requirement solicitation, change management, and other associated services to leading global organizations, helping them with coherent strategies, leading recruiting technology, effective business processes, and deployments, to deliver ROI and business performance.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis The Atlas Developer of an online community platform intended to The company was acquired by Government Executive Media transform flat marketing materials into interactive, Group, via its financial sponsor Growth Catalyst Partners, evergreen case studies. The company's platform allows through an LBO on December 3, 2020 for an undisclosed sum. users to share success stories, learn what's working in other cities, build relationships with partners and source new tools and partners, enabling local government officials and implementing partners to make their cities safer, smarter and more sustainable.
The Income Tax School Provider of e-learning to tax, accounting and financial The company was acquired by KnowFully Learning Group, via its services professionals based in Glen Allen, Virginia. The financial sponsor NexPhase Capital, through an LBO on company also offers a career center, an internship December 1, 2020 for an undisclosed sum. program, retreats for tax business owners and tax practice Management manuals to help people get into the tax preparation industry and assist those who are already in the tax business. The Ridgefield Supply Supplier and dealer of building products based in The company was acquired by US LBM Holdings, via its financial Ridgefield, Connecticut. The company offers a range of sponsor Kelso Private Equity, through an LBO on December 1, product mixes including lumber, paint, windows, doors, 2020 for an undisclosed sum. millwork, decking and interior and exterior trim to its clients. The Shadowlight Group Provider of commercial photography and visual graphic The company was acquired by TC Studios, via its financial designing services based in Leola, Pennsylvania. The sponsor 24/6 Capital Partners, through an LBO on Decmeber 14, company offers a range of services including computer- 2020 for an undisclosed sum. generated imagery, photography, stock sets, video editing and soundstage rental, committed to making the clients' visions a reality.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis The Vincit Group Operator of vertically-integrated organization of member The company was acquired by Harvest Partners through an LBO companies intended to provide a single-source solution on December 15, 2020 for an undisclosed sum. for chemical services, contract management and automation and engineering solutions. The company specializes in a range of services including customized chemical support, specialized logistics and outsourced services including professional plant sanitation management, continuous training and facilities wastewater management, enabling clients to focus on their core businesses.
Toll Global Logistics (United Provider of logistics services based in the United States. The business operations of Toll Global Logistics were acquired States Operations) by Taylored Services, via its financial sponsors Siguler Guff & Company and Saybrook Capital, through an LBO on December 17, 2020 for an undisclosed sum. Traffic Safety Rentals Provider of traffic safety equipment and worksite traffic The companies were acquired by Area Wide Protective, via its control services in Utah and New Mexico. The companies financial sponsors Audax Group and The Riverside Company, provide traffic equipment from high-tech message boards through an LBO on December 2, 2020 for an undisclosed sum. to traditional signs and barricades and also offer stands, The addition of these companies as well as the opening of nine vertical panels, barricades, light plants, message and new Area Wide Protective facilities during 2020, extends its arrow boards on a rental basis. It also provides pavement operations to more than 100 facility locations in 23 US states marking services including thermoplastic application as and four Canadian provinces. well as paint and also installation, inspection and maintenance of all traffic control devices on the project to its clients. Treecology Provider of tree and landscape maintenance services The company was acquired by SavATree, via its financial based in Golden Valley, Minnesota. The company sponsor CI Capital Partners, through an LBO on December 7, specializes in maintaining commercial and residential 2020 for an undisclosed sum. landscapes and operates with a focus on client education and involvement in the tree and shrub care process in addition it offers services including tree and shrub planting, pruning, cabling, removals, mulching, PHC treatments for insects, mites and disease, application of fertilizers, biostimulants and growth regulators to keep client properties beautiful, safe and protected.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Trench Plate Rental Provider of trench safety and traffic-control systems to The company was acquired by Tailwind Capital through an LBO the underground construction and other infrastructure- on December 3, 2020 for an undisclosed sum. related industries. The company offers trench and manhole shields, trench plates, boxes, shoring equipment, traffic-control message boards and barriers to utilities and contractors who are maintaining, upgrading and replacing aging infrastructure.
Tri-County Building Supplies Distributor of building materials serving contractors in the The company was acquired by US LBM Holdings, via its financial Southern New Jersey area. The company offers lumber sponsor Kelso Private Equity, through an LBO on December 17, and specialty building materials, including roofing, siding, 2020 for an undisclosed sum. wallboard, insulation, millwork, hardware, cabinetry, interior and exterior doors, windows and stair rail installation, to professional customers and homeowners.
United Laser Provider of managed print services and related hardware The company was acquired by Novatech (IT Services), via its and software for small, medium and large organizations financial sponsor Trivest Partners, through an LBO on December including hospitals, banks, universities and corporations in 18, 2020 for an undisclosed sum. the United States. The company provides a variety of printers and office supplies in the industry including OEM, compatible and remanufactured products and the company's print management system will enable clients to manage, service and supply their printers and MFP's thus allowing them to gain control, improve efficiencies, manage costs and focus on their core business.
US LBM Holdings Distributor of specialty building materials to residential The company was acquired by Bain Capital through an and commercial construction end markets. The estimated $2.5 billion LBO on December 18, 2020. Barclays, company's portfolio of products includes windows, doors, Bank of America, Royal Bank of Canada, Truist, Credit Suisse, millwork, roofing, siding, cabinetry and wallboard, as well Deutsche Bank and Siemens provided $2.7 billion debt financing as wood products intended for home-builders and in the form of a $500 million asset based revolver credit line, a specialty contractors. $1.3 billion term loan B, a $300 million delayed drawn term loan and a $550 million senior debt in support of this transaction.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis VA Forensics Provider of biomechanical and accident reconstruction The company was acquired by Forensic Engineering Services, via forensic engineering services. The company specializes in its financial sponsor Trinity Hunt Partners, through an LBO on biomechanical injury analysis, accident reconstruction, December 22, 2020 for an undisclosed sum. human factors, slip trip and falls.
Viper Northwest Manufacturer of precision fabricated, machined parts and The company was acquired by Precinmac, via its financial assemblies serving wafer processing, transportation, sponsors Pine Island Capital Partners, Compass Partners and medical, aerospace, light industrial, electronics, consumer Bain Capital Credit through an LBO on December 15, 2020 for an goods and automation industries. The company offers full undisclosed sum. engineering support, prototyping, fabrication, milling, turning, testing and assembly of vertical and horizontal machining, CNC Turning and wire EDM.
Wakely Actuarial Operator of an insurance-focused actuarial consulting The company was acquired by Davies Group, via its financial business catering to the life and health market. The sponsors Alberta Investment Management and HGGC, through company provides actuarial, regulatory compliance, an LBO on December 17, 2020 for an undisclosed sum. valuation for financial reporting and renewal commission and risk management consulting services. Weber Logistics Provider of logistics services to grocery, confectionery, The company was acquired by Stellex Capital Management beverage, chemical and consumer packaged goods through an LBO on December 10, 2020 for an undisclosed sum. markets. The company's expertise includes freight The company was recapitalized through this transaction. management, LTL and TL services including temperature- controlled, dedicated and shared warehousing, distribution, cross-docking/pool distribution, trans- loading, network optimization and analysis. It also offers retail compliance, order fulfillment, material handling, supply chain management, real estate development and personnel staffing to various industries.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Business Products and Services Deals for December 2020
Company Name Description Deal Synopsis Westcor Land Title Insurance Provider of insurance underwriting services in Maitland, The company was acquired by The Orogen Group, via its Company Florida. The company's platform offers national lender financial sponsor Atairos, through an LBO on December 3, 2020 services, auditing, commercial marketing and training of for an undisclosed sum. underwriter which focuses on agent support, provide direct access to underwriting staff with no complicated phone menus, enabling customers to get access to the desired capital at affordable interest rates.
Wincraft Manufacturer of licensed and promotional hardgoods and The company was acquired by Fanatics, via its financial sponsors non-apparel products for retailers, professional sports Franklin Templeton Investments, Insight Partners, Neuberger teams, concessionaires, colleges, businesses, distributors, Berman, Temasek Holdings, SoftBank Investment Advisers, and schools. The company's product line includes home, Fidelity Management & Research and Silver Lake Management office and automotive sports-themed merchandise, such through an LBO on December 7, 2020 for an undisclosed sum. as clocks and banners, bumper stickers, koozies, towels, magnets, banners and signs. Yesterdays Sportswear Provider of screen-printing services to the resort and wine The company was acquired by Lakeshirts, via its financial industry. The company offers garment printing and sponsor Carlson Private Capital Partners, through an LBO on embroidery services across California and Florida. December 1, 2020. Zayo Group Holdings (zColo Data Portfolio of 44 data centers in 20 markets across the The data center assets of Zayo Group were acquired by Center Assets) United States and Europe. The co-location data centers DataBank , via its financial sponsors Brookside Equity Partners, provide a sharing option where companies buy their own Colony Capital, Teachers Insurance and Annuity Association of cloud servers and equipment and rent space in the America and Allstate Investments, through a $1.4 billion LBO on center, which provides technical support, cooling, security December 15, 2020. and other services.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected]