Business Products and Services Deals for November 2020
Company Name Description Deal Synopsis 1 Source Safety and Health Provider of management consulting services on health The company was acquired by TRC Companies, via its financial and safety management systems. The company provides sponsor New Mountain Capital, through an LBO on November safety and health management and consulting for 11, 2020 for an undisclosed sum. educational, insurance, commercial, residential, research, healthcare, energy, transportation, and manufacturing facilities, thereby serve and address the safety and health issues. A Smart Elevator Solution Provider of elevator inspection, consulting, and The company was acquired by American Testing & Inspection conveyance management services throughout Colorado Services, via its financial sponsors Cequel III and Greenleaf and the Western region. Capital Partners, through an LBO on November 18, 2020 for an undisclosed sum. Acousti Engineering Company of Provider of complex interior systems for commercial and The company was acquired by Ardian through an estimated Florida institutional buildings catering to healthcare, education, $100 million LBO on November 2, 2020. Main Street Capital and transportation, entertainment, office and infrastructure- other undisclosed lenders provided $65 million of secured loan related end markets. The company provides a wide range in support of this transaction. of general and custom construction applications and interior finish applications for commercial construction customers and its services include acoustic ceilings, flooring, walls, specialty products for interior systems, and specialty exterior applications.
Advance Printing Company Provider of printing services for businesses. The The company was acquired by Graphic Village, via its financial International company's services include printing annual reports, sponsor Revitalize Capital, through an LBO on November 16, booklets, brochures, business cards, business forms, 2020 for an undisclosed sum. catalogues, envelopes, flyers, invitations, letterhead, postcards and other items at competitive prices. Advisen Provider of data, media, and technology services for the The company was acquired by Zywave, via its financial sponsor commercial property and casualty insurance market. The Clearlake Capital Group, through an estimated $60 million LBO company's proprietary data sets and applications focus on on November 17, 2020. large, specialty risks offering information, analytics, messaging gateway, news, research and events, connecting commercial insurance and risk professionals and insurance organizations worldwide.
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 November 2020
Company Name Description Deal Synopsis Aetna Felt Manufacturer and fabricator of industrial and consumer The company was acquired by Creative Foam, via its financial felt products as well as a wide variety of non-metallic sponsor Industrial Opportunity Partners, through an LBO on materials. The company offers an extensive line of November 19, 2020 for an undisclosed sum. podiatry and foot-care products to medical distributors, hospitals, schools, surgery and health centers, government facilities and private label markets as well as provides non-woven material products to the industrial, consumer, crafts and various other end-markets.
Almega Environmental and Almega Environmental and Technical Services is a The company was acquired by Alliance Source Testing via its Technical Services Cypress, CA based private company whose line of financial sponsor Align Capital Partners through an LBO on business is Business consulting November 30, 2020 for an undisclosed sum. Angstrom Technology Manufacturer and designer of cleanrooms for aerospace, The company was acquired by ASGARD Partners & Co. through defense, technology, pharmaceutical, automotive, an LBO on November 30, 2020 for an undisclosed sum. As part healthcare, and industrial end markets. The company of the transaction, The Firmament Group and Modern Bank engages in consulting, designing, building, installation, provided debt financing. Also, management will remain a repairing and servicing fully customizable modular significant minority investor as the company enters its next cleanrooms and offers a wide variety of cleanroom phase of growth. equipment in order to provide clients with the products and services specifically tailored to their specifications.
Associated Couriers Provider of third-party logistics and courier services The company was acquired by Special Logistics Services Group, headquartered in Maryland Heights, Missouri. The via its financial sponsor Auctus Capital Partners, through an LBO company specializes in the delivery of e-commerce goods, on November 23, 2020 for an undisclosed sum. pharmaceuticals, surgical goods, secure documents and auto parts, providing clients and customers with a quality delivery experience. Barrette Outdoor Living Manufacturer and distributor of wood-alternative fence The company was acquired by TorQuest Partners and Caisse de and railing products. The company offers vinyl, aluminium dépôt et placement du Québec through an LBO on November 3, & wood fencing, composite decking, railing & associated 2020 for an undisclosed sum. Les Entreprises Barrette Ltée will complementary products such as hinges, latches, drop retain a significant minority interest in the company. rods and gate accessories. BASIC (San Diego) Operator of a branding and digital design agency. The The company was acquired by Dept Agency, via its financial company offers strategic planning, user experience, brand sponsor The Carlyle Group, through an LBO on November 18, messaging, brand campaigning and content creation 2020 for an undisclosed sum. 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 November 2020
Company Name Description Deal Synopsis Baystate Fiduciary Advisors Provider of investment fiduciary advisory services to 401k The company was acquired by Hub International, via its financial and 403b plan sponsors. The company offers fiduciary risk sponsors HarbourVest Partners, Hellman & Friedman, AlpInvest management strategies, plan benchmarking and Partners and Altas Partners, through an LBO on November 11, participation education, enabling non-profit and for-profit 2020 for an undisclosed sum. organizations to positively impact the futures of employees while mitigating risk and long-term costs to the organization. Beck Facility Services Operator of a commercial cleaning company. The The company was acquired by Kellermeyer Bergensons Services, company provides facility maintenance services for via its financial sponsor Cerberus Capital Management, through industrial, healthcare, educational, manufacturing, an LBO on November 3, 2020 for an undisclosed sum. churches, and Class A offices. Beverly Hills Transfer & Storage Provider of records storage services. The business offers The Records storage business of Beverly Hills Transfer & (Records Storage Business) commercial storage, specialized storage, record storage Storage, was acquired by Access Information Protected, via its and household goods storage services. financial sponsors Berkshire Partners and GI Partners, through an LBO on November 18, 2020 for an undisclosed sum.
Blue Mountain Environmental Provider of source emission testing services to customers The company was acquired by Alliance Source Testing, via its Management throughout the Northeastern and Midwestern United financial sponsor Align Capital Partners, through an LBO on States. The company offers a comprehensive array of air November 8, 2020 for an undisclosed sum. quality, industrial hygiene, occupational safety & health and environmental services.
Bluestone Payments Provider of payment programs to merchants through The company was acquired by Payroc, via its financial sponsors referral relationships. The company enables businesses to Audax Group and Parthenon Capital Partners, through an LBO accept electronic payments from their customers and on November 18, 2020 for an undisclosed sum. specializes in products to support the needs of Card Not Present and Card Present merchants, offering PCI compliant technology supporting contactless, EMV and integrated solutions.
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 November 2020
Company Name Description Deal Synopsis BridgeTower Media Provider of B2B information, research, events and The company, a subsidiary of Gannett Company, was acquired marketing services. The company operates a business by Transom Capital Group through an LBO on November 3, 2020 media and marketing platform providing authoritative for an undisclosed sum. As a part of the transaction, debt content within the legal, business, construction, financing was provided by Cerberus Capital Management. legislative, pet retail and home furnishings sectors through print and digital brands and it also offers research services focused on employee satisfaction, lead generation services and live events centered on awards and education. Care Supply Co. Distributor of construction and industrial supplies based The company was acquired by Colony Hardware, via its financial in Nashville, Tennessee. The company also offers a range sponsors Audax Group and Tailwind Capital, through an LBO on of services including fall protection training, ladder safety November 13, 2020 for an undisclosed sum. and hazard identification training, safety seminars, industrial tools demos, powder actuated tool certification to its clients. CD Photocopy Service Provider of legal copy and document records services The company was acquired by Lexitas, via its financial sponsor focused on the defence side of workers' comp and civil Apax Partners, through an LBO on November 16, 2020 for an liability cases. The company offers record retrieval, undisclosed sum. delivery, record reviewing and digital storage services across the state of California. CENTRA Technology Provider of intelligence analysis services intended for The company was acquired by Pacific Architects and Engineers, intelligence community and other U.S. national and via its financial sponsor Platinum Equity through a $208 million homeland security customers. The company specializes in LBO on November 20, 2020. offering mission critical and intelligence support services, which include cyber and information technology, engineering services, advisory services, analytic services, consulting, risk and security management and other advanced technology solutions, thereby helping clients in formulating, coordinating, monitoring and transitioning advanced research and development programs.
Cheetah Clean Auto Wash (2 A portfolio of two car washing properties in Kentucky. The The assets of Cheetah Clean Auto Wash, were acquired by Sites) portfolio of assets consists of two car washing facilities Driven Brands, via its financial sponsor Roark Capital Group that offer automatic car washing sites and services to its through an LBO on November 19, 2020 for an undisclosed sum. customers.
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 November 2020
Company Name Description Deal Synopsis Cooper Perkins Operator of technology development and product The company was acquired by PA Consulting Group, via its engineering practice dedicated to developing well- financial sponsor The Carlyle Group, through an LBO on engineered products for its client organizations across a November 24, 2020 for an undisclosed sum. wide range of industries. The company specializes in the design of highly integrated, electromechanical devices and their combination of development processes and design methodologies are organized to systematically minimize risk and maximize technical feasibility.
Copperhead Industries Manufacturer of copper-clad steel tracer wire systems The company was acquired by Copperweld Bimetallics, via its based in Monticello, Minnesota. The company offers a full financial sponsor Kinderhook Industries, through an LBO on line of tracer wire products for the applications of open November 12, 2020 for an undisclosed sum. Financing for the cut, directional drill and pipe bursting along with transaction was provided by Twin Brook Capital Partners. accessories such as connectors, test stations and anodes that help in detecting underground utilities in a more accurate and efficient manner. CPI (Bucket Fabrication Business) Provider of fiberglass aerial lift bucket fabrication services The business division of CPI (North America) was acquired by based in the United States. Time Manufacturing, via its financial sponsor The Sterling Group, through an LBO on November 13, 2020 for an undisclosed sum. DataSafe (Records Storage Provider of records storage and document management The records storage business of DataSafe was acquired by Business) services. The business provides cost-effective offsite Access Information Protected, via its financial sponsors records storage and document management programs for Berkshire Partners and GI Partners, through an LBO on companies of all sizes in the Pacific Northwest region November 18, 2020 for an undisclosed sum. helping them use on-site space more effectively and reduce labor costs. Drew Foam Companies Manufacturer of custom fabricated foam products The company was acquired by Wynnchurch Capital through an intended for packaging and construction (new, renovation LBO on November 9, 2020 for an undisclosed sum. and maintenance) industries. The company engages in designing, molding and fabricating EPS (Expanded Polystyrene) products by expanding polystyrene bead via application of precise temperature and pressure settings in a large block mold, in order to provide clients with cost- effective solutions and add flexibility to their packaging pack.
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 November 2020
Company Name Description Deal Synopsis Dynamic Control Provider of acoustic environmental solutions. The The company was acquired by Gladstone Investment through an company offers products that help control noise and LBO on November 2, 2020 for an undisclosed sum. vibrations across many industries and applications, from garage door openers, computer hardware, army helmets and appliances to building structures, generators and lawnmowers. DynCorp International Provider of specialized critical services to civilian, military The company was acquired by Amentum Services, via its and government agencies. The company offers financial sponsors American Securities and Lindsay Goldberg, sophisticated aviation, logistics, training, intelligence and through an LBO on November 23, 2020 for an undisclosed sum. operational services including comprehensive training, The combination with the company will accelerate Amentum's security and supply services as well as maintenance and growth and enhance its market access. intelligence mission support that are uniquely tailored for commercial, government and military customers.
Ei Companies Provider of energy inspection services to the construction The company was acquired by DPIS Builder Services, via its industry. The company offers concrete waterproofing, financial sponsor Saw Mill Capital, through an LBO on November roofing, exterior cladding as well as a range of 11, 2020 for an undisclosed sum. mechanical, electrical & plumbing design and engineering services for single-home and multifamily projects. eStudySite Provider of outsourced clinical research services intended The company was acquired by Velocity Clinical Research, via its to improve the process that will bring new medicines to financial sponsor NaviMed Capital, through an LBO on the global community. The company specializes in November 11, 2020 for an undisclosed sum. The acquisition conducting Phase II and Phase III paid clinical trials in enhances and adds new therapeutic capabilities to Velocity's acute care inpatient and outpatient facilities for NAFLD, repertoire, including infectious and orphan diseases and NASH, MRSA, ABSSSI, pain, sepsis, community-acquired expands testing capabilities in preventative treatments. pneumonia, hospital-acquired pneumonia, diabetes, dermatology, vaccines, CV and influenza.
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 November 2020
Company Name Description Deal Synopsis Evans Capacitor Company Mmanufactures high energy density capacitors for The company was acquired by Arcline Investment Management demanding defense and aerospace applications. The and Kevin Perhamus through an LBO on November 19, 2020 for company offers power-dense capacitor technology in the an undisclosed sum. industry and are routinely specified for defense, aerospace, and energy exploration applications where high reliability and SWaP (space, weight, and power) savings are critical design considerations, enabling solution for applications including radar, laser, amplifier, electronic warfare and downhole drilling. Everblock Systems Manufacturer of modular room partitions, building blocks The company was acquired by Versare Solutions, via its financial and flooring products for building temporary and sponsor WILsquare Capital, through an LBO on November 16, permanent walls, room dividers and decor in a wide range 2020 for an undisclosed sum. of settings. The company offers products including modular building blocks, interlocking wall panels, desktop and standing partitions and interlocking flooring for events, tents, ice rinks. Fairfield Landscaping Provider of landscaping services. The company offers The company was acquired by American Landscaping Partners, landscape and tree services to both commercial and via its financial sponsor Cold Bore Capital, through an LBO on residential clients throughout Pittsburgh and the November 22, 2020 for an undisclosed sum. surrounding area. Falk Marques Group Operator of a conference and media company focused on The company was acquired by Pageant Media, via its financial advancing women in private equity, venture capital and sponsor Intermediate Capital Group, for a $20 million LBO on alternatives. The company develops and organizes November 27, 2020. The transaction involved an earn-out of professional conferences, industry news and event which $4 million was paid up-front. content and networking opportunities for an international audience of senior-level decision-makers.
Flow Safe Manufacturer of high performance low air volume hood. The company, a subsidiary of Triatek, was acquired by Dresser The company's product line includes spring-operated and Natural Gas Solutions, via its financial sponsor First Reserve, pilot-operated high performance over pressure protection through an LBO on November 2, 2020 for an undisclosed sum. devices focused on applications in natural gas distribution, pipeline, aerospace, marine, industrial gases and other liquid and gas process applications.
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 November 2020
Company Name Description Deal Synopsis Fort Transfer Provider of bulk transport services. The company offers The company was acquired by Kenan Advantage Group, via its liquid bulk chemical storage and freight transportation financial sponsor OMERS Private Equity, through an LBO on services delivering to all 48 states and Canada. November 11, 2020 for an undisclosed sum.
Goodyear Air Springs Seller of heavy vehicles suspension products. The The company, a subsidiary of Stemco, was acquired by company sells suspension products of trucks, trailers and Turnspire Capital Partners through an LBO on November 23, truck cabs. 2020 for an undisclosed sum. Hansen Records Management Provider of document management and storage services. The company was acquired by Access Information Protected, via The company offers pick-up and delivery services of its financial sponsors Berkshire Partners and GI Partners, business documents and uses advanced barcode records through an LBO on November 18, 2020 for an undisclosed sum. management software to manage inventory and prepare inventory reports for its clients providing them with affordable and efficient records management services.
Hattenbach Provider and installer of commercial refrigeration and The company, a subsidiary of FirstEnergy, was acquired by heating, ventilation, and air conditioning services. The Climate Pros, via its financial sponsors Saw Mill Capital and company offers refrigeration and heating, ventilation, and Kingfish Group, through an LBO on November 17, 2020 for an air conditioning system installation into shopping centres, undisclosed sum. strip malls, office buildings, industrial plants, and food processing plants. HealthComp Provider of third-party healthcare benefits administration The company was acquired by New Mountain Capital through services serving the self-funded employer industry. The an LBO on November 9, 2020 for an undisclosed sum. Company offers technological solutions for healthcare benefits administration, payment integrity and care management services to address the dual mandate in the United States healthcare system, reducing costs and improving clinical outcomes and experience for employees. Highline Aftermarket Distributor of automotive parts and chemicals based in The company was acquired by Pritzker Private Capital, its Memphis, Tennessee. The company manufactures and management and other undisclosed investors through an LBO distributes packaged lubricants, filters, tools and on November 10, 2020 for an undisclosed sum. J.P. Morgan accessories, enabling independent distributors, quick lube Securities provided debt to support the transaction. shops, jobbers, wholesalers and multiple retail channels to efficiently manage the logistics and service requirements for their customers.
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 November 2020
Company Name Description Deal Synopsis Hyperion Global Partners Provider of business and technology consulting services The company was acquired by Epiq, via its financial sponsors intended to solve technology and business management Ares Capital and OMERS Private Equity, through an LBO on issues. The company's business and technology consulting November 12, 2020 for an undisclosed sum. The acquisition services includes practice, process and operations expands Epiq's strategy to deliver a suite of legal business management as well as retained leadership services, management services and solutions to corporate in-house law information strategy, litigation management, legal e- departments, law firms and other clients. billing services, enabling clients in the legal industry to manage risk, maximize ROI and increase transparency.
Incorp Industries Provider of specialty multi-craft plant maintenance and The company was acquired by Lowe Capital Management capital services to the power generation, pulp and paper, alongside 6 other investors through an LBO on November 19, food and beverage, and manufacturing end markets. The 2020. Spring Capital Partners provided $5.4 million of company offers maintenance and mechanical service, subordinated debt and $1.8 millionof common equity and including insulation, scaffolding, heat tracing, abatement Banterra Bank provided senior debt to support the transaction. and siding services to its clients.
Insight Storage Solutions Provider of data records management services for digital The company was acquired by Access Information Protected, via media and documents based in Saint Paul, Minnesota. its financial sponsors GI Partners and Berkshire Partners, The company offers a range of services including courier, through an LBO on November 18, 2020 for an undisclosed sum. record filing and retrieval, digital media vault storage, database management, and online management to stored records and documents to state, city and county agencies, accountant and attorney firms, healthcare providers, manufacturing, and service companies.
Integrated Compliance Solutions Provider of regulatory compliance services to municipal The company was acquired by Foreside Financial Group, via its Group and financial services clients. The company helps its financial sponsor Lovell Minnick Partners, through an LBO on clients adhere to regulatory requirements and industry November 2, 2020 for an undisclosed sum. standards by conducting independent compliance reviews, developing compliance programs and effectively managing regulatory issues.
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 November 2020
Company Name Description Deal Synopsis Integrated Solutions (US) Provider of material handling equipment and complex The company was acquired by Adaptec Solutions, via its conveyor solutions. The company engages in developing, financial sponsors Harris Preston & Partners and Wincove implementing and supporting creative and complex Private Holdings, through an LBO on November 13, 2020 for an material handling solutions, from a small stand-alone undisclosed sum. system to a complete integrated system, thereby helping the customers in a variety of industries to solve complex challenges and focus on their core business.
IntegReview Operator of an independent institutional review board The company was acquired by Advarra, via its financial sponsors providing ethical review services. The board offers ethical Ares Private Equity Group, Audax Group and Genstar Capital, reviews to approve and conduct a periodic review of through an LBO on November 9, 2020 for an undisclosed sum. biomedical, medical device, social, educational and behavioral research involving human subjects in the United States, Latin America and Japan as well as offering informed consent development, translation, site identification and pre-review consulting services.
Interactive Business Systems Provider of IT staffing and consulting services based in The company was acquired by The Planet Group, via its financial Oak Brook, Illinois. The company's services include sponsors MidOcean Partners and Cleo Capital, through an LBO contract staffing, application maintenance, offshore on November 16, 2020 for an undisclosed sum. recruiting and others and also offers deliverable-based project solutions and managed service engagements, enabling clients to get tailored IT services.
Interstate Truck Center Provider of fleet repairs and maintenance services to the The company was acquired by Dickinson Fleet Services, via its commercial trucking industry. The company offers financial sponsor Ridgemont Equity Partners, through an LBO on diagnostic, diesel engine, trailer and tire repairs as well as November 10, 2020 for an undisclosed sum. brakes, wheel alignment and towing services. Jackson Mechanical Service Provider of heating, ventilation, air conditioning boiler, The company was acquired by Orion Group (US), via its financial and chiller services. The company offers installation of sponsor Alpine Investors, through an LBO on November 10, boiler, chiller, heating, ventilation, and air conditioning 2020 for an undisclosed sum. systems for commercial and industrial purposes.
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 November 2020
Company Name Description Deal Synopsis Jarrard Phillips Cate & Hancock Provider of strategic communications and change The company was acquired by The Chartis Group, via its management services serving the healthcare industry. financial sponsors Audax Group and TCG BDC, through an LBO The company specializes in offering issue navigation, on November 12, 2020 for an undisclosed sum. transformation adoption, change management, strategic positioning and merger & acquisition consulting services, thereby helping the clients to tackle significant change, challenge or opportunity. Klein Hersh Provider of strategic leadership placement services in the The company was acquired by New State Capital Partners life sciences continuum and healthcare industry. The through an LBO on November 17, 2020 for an undisclosed sum. company is an executive recruiting firm and offers consulting and contract staffing services to address temporary or cyclical needs, as well as specialized knowledge requirements. KnowledgeStart Provider and developer of e-learning courses based in The company was acquired by Syntrio, via its financial sponsor King of Prussia, Pennsylvania. The company specializes in Inverness Graham, through an LBO on November 16, 2020 for offering an online library containing over 40 quality an undisclosed sum. diversity and inclusion, unconscious bias and harassment prevention programs, thereby committed to providing custom and tailor training courses as per client needs and requirements. Krystal Klear of South Hills Manufacturer and distributor of water purification and The company was acquired by Waterlogic, via its financial dispensing systems based in Pittsburgh, Pennsylvania. The sponsors British Columbia Investment Management, Castik company specializes in offering bottle-less water coolers Capital, Skandia Insurance Company and Neuberger Berman, and ice machines to its customers. through an LBO on November 20, 2020 for an undisclosed sum.
Larry Dean Massey Insurance brokerage assets located in Oxford, Mississippi, The Insurance brokerage assets was acquired by Hub and Memphis, Tennessee. The assets help in offering International, via its financial sponsors AlpInvest Partners, Altas insurance and risk management services to the Partners, HarbourVest Partners and Hellman & Friedman, construction, hospitality and oil & gas industries. through an LBO on November 12, 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 November 2020
Company Name Description Deal Synopsis Load Banks Direct Manufacturer of high-capacity load banks serving data The company was acquired by Trystar, via its financial sponsors center commissioning, manufacturing, critical business Goldner Hawn and Barings, through an LBO on November 9, operations, public utilities, technology and transportation 2020 for an undisclosed sum. sectors. The company's products are used in the testing and commissioning of standby emergency power systems including generators, uninterruptible power supplies, turbines, battery systems and regenerative power absorption of large generators, and other load applications. Loading Automation Manufacturer of loading technology and material The company was acquired by Joloda, via its financial sponsor handling systems intended to meet specific and unique BGF, through an LBO on November 9, 2020 for an undisclosed requirements for loading, transporting, and receiving sum. materials and products. The company specializes in production of Automated Trailer Loading and Logistics Systems (ATLS) and offers a broad range of comprehensive services such as system design & layout, controls engineering, mechanical installation & implementation. Marshall's Business Records Provider of medical record retrieval services in South The company was acquired by Lexitas, via its financial sponsor Texas. The company specializes in research, records Apax Partners, through an LBO on November 17, 2020 for an retrieval, issuance of legal papers, notice delivery, undisclosed sum. subpoena service, E-Filing/E-Service, and rush hand delivery of legal papers for law firms, insurance companies, and corporations. McCartney Produce Distributor of fresh produce and specialty food products. The company was acquired by IF&P Foods, via its financial The company provides fresh-cut processed products and sponsors Rotunda Capital Partners and Bratenahl Capital other essential food products to independent grocers, Partners through an LBO on November 18, 2020 for an small restaurants, foodservice and retail customers. undisclosed sum.
Metro New York Franchise of Provider of logistics services based in New York, United The company was acquired by Pilot Freight Services, via its Pilot Freight Services States. financial sponsors ATL Partners, Audax Group and British Columbia Investment Management, through an LBO on November 1, 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 November 2020
Company Name Description Deal Synopsis Montway Provider of asset-light logistics services focused on the The company was acquired by AEA Investors and Mr. Thomas vehicle transport market. The company utilizes a M. Gartland through an LBO on November 5, 2020 for an technology-enabled software platform that allows for undisclosed sum. Twin Brook Capital Partners provided debt efficient load matching, instant price quoting, real-time financing during the transaction. location tracking and detailed KPI tracking services to individual consumers and corporate shippers.
Nations Bus Sales (California Operator of a bus dealership company. The business The business division of Nations Bus Corp. was acquired by Division) division represents a variety of manufacturers in the mini Davey Coach Sales, via its financial sponsor Progress Equity and mid-sized bus category, thereby providing Partners, through an LBO on November 10, 2020, for an transportation equipment solutions to a multitude of undisclosed sum. market segments including tour and charter, transportation contractors, hotels/resorts and transit agencies among others. Neesvig's Distributor of manufactured meat and seafood. The The company was acquired by Fortune Fish & Gourmet company provides responsibly sourced premium meat, Company, via its financial sponsor Investcorp Bank, through an poultry, seafood and dairy products to top-tier LBO on November 23, 2020 for an undisclosed sum. restaurants, country clubs and hotels across the Midwest.
Nutracap Labs Provider of dietary supplements manufacturing services The company was acquired by Virtù Equity Partners through an to the pharmaceutical industry. The company provides LBO on November 17, 2020 for an undisclosed sum. contract manufacturing, private labeling and packaging services to its clients providing them with better lead times, low bottle minimums and without having them to invest in inventory. Old World Spices Manufacturer and distributor of custom spices and The company was acquired by Shore Capital Partners and its seasoning products. The company offers a wide range of management through an LBO on November 19, 2020 for an custom blended spices, seasonings, ingredients, dry food undisclosed sum. As a part of the transaction, the company was products, and sauces with a diverse packaging options in recapitalized. The company and Shore Capital Partners will order to enable restaurant chains, gourmet food explore potential acquisitions and organic growth through marketers, food service, and industrial channels to avail adjacent product lines, manufacturing capabilities and food ingredients and spices for their production purposes. distribution channels.
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 November 2020
Company Name Description Deal Synopsis Oliver Equipment Company Manufacturer of specialty rotating equipment, onsite The company was acquired by Floworks International, via its services and custom packaged systems for industrial financial sponsor Clearlake Capital Group, through an LBO on applications based in Houston, Texas. The company offers November 6, 2020 for an undisclosed sum. a range of products including centrifugal pumps, process gas compressors, positive displacement pumps, agitation equipment, slurry pump and turbo blowers, thereby committed to providing the clients with high-quality engineered products and after-sales service.
OneDigital Health and Benefits Provider of employee benefit services. The company The company was acquired by Onex and certain co-investors specializes in employee benefit services include life, through a $960 million LBO on November 16, 2020. The health, accident and disability insurance plans for small transaction values the company at $2.6 billion. businesses and medium sized companies in the United States, enabling them to focus on developing and retaining top performers by putting an employee benefits and HR technology strategy in place. Optimum Fulfillment Distributor and wholesaler of toys, games, and other The company was acquired by Flat River Group, via its financial consumer products for e-commerce fulfillment sites. The sponsor Guardian Capital Partners, through an LBO on company offers sporting goods, toys, games, kitchen, November 12, 2020 for an undisclosed sum. appliances, apparel, home decor, and electronics products to leading online retailers such as Amazon.com, Kohl's.com, Target.com, Walmart.com and other leading e- commerce sites. Overture Promotions Provider of promotional and marketing services for The company was acquired by HALO Branded Solutions, via its businesses of all sizes based in Waukegan, Illinois. The financial sponsors Apollo Investment and TPG Growth, through company specializes in creating, building, hosting and an LBO on November 18, 2020 for an undisclosed sum. The debt maintaining customized web stores which give customers financing was provided by Westbridge Capital. an easy-to-use platform for ordering branded merchandise, with marketing support and detailed reporting. Performance Replicas Manufacturer and distributor of replica wheels based in The company was acquired by Wheel Pros, via its financial Riverside, California. The company specializes in offering sponsor Clearlake Capital Group, through an LBO on November factory reproduction wheels to national retailers and 9, 2020 for an undisclosed sum. internet retailers, thereby committed to providing the automotive aftermarket with quality, reliability and availability of replica wheels.
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 November 2020
Company Name Description Deal Synopsis Pigeon-Roberts & Associates Operator of an engineering consulting firm. The company The company was acquired by Ardurra Group, via its financial serves local and regional agencies with civil engineering sponsors Kain Capital, Pine Street Capital Partners and RTC and surveying services focused on the water and Partners, through an LBO on November 2, 2020, for an wastewater markets. undisclosed sum. With this acquisition, Ardurra Group further expands its water market expertise in Florida. Preat Provider of dental implant components, attachments and The company was acquired by Young Innovations, via its tools in Santa Maria, California. The company's offerings financial sponsors The Jordan Company and Linden Capital include implant parts, angulation abutment toolset, Partners, through an LBO on November 10, 2020 for an dental thread locker, hader insertion tool and other undisclosed sum. related dental equipment. Precision Plumbing Services Operator of a commercial plumbing contracting firm. The The company was acquired by Peltram Plumbing, via its financial company offers sewer and drain cleaning, sewer jetting, sponsor Crescendo Capital Partners (Los Angeles), through an sewer camera inspections, boiler and water heater repair LBO on November 9, 2020 for an undisclosed sum. and leak repairs. Primax Manufacturing & Trading Designer and producer of gloves and protective clothing The company was acquired by Protective Industrial Products, via for welders, utility, and ranch workers. The company's its financial sponsor Audax Group, through an LBO on November products include glove protector, cotton sleeves, forearm 17, 2020 for an undisclosed sum. protectors, tool and duffle bags and coats and jackets.
Primco (Texas) Provider of document storage and management services The company was acquired by Access Information Protected, via based in Beaumont, Texas. The company offers a range of its financial sponsors GI Partners and Berkshire Partners, services including document scanning, imaging, shredding through an LBO on November 18, 2020 for an undisclosed sum. to its clients. Real Estate Tax Group Operator of a consulting firm committed to minimizing The company was acquired by Ryan (Tax Services), via its property tax liability by acting as liaison between the financial sponsors Onex and Prospect Capital, through an LBO client and the public sector. The company specializes in on November 17, 2020 for an undisclosed sum. property tax consulting and appeals, real estate valuation, and economic development incentives procurement for clients in the hotel, office, retail, and commercial real estate markets.
S3 Integration S3 Integration is a Baltimore, MD based private company The company was acquired by Mobile Communications America whose line of business is Security systems services via its financial sponsor Sentinel Capital Partners through an LBO on November 24, 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 November 2020
Company Name Description Deal Synopsis Schlumberger (North American Manufacturer and provider of land rod lift products and The Rod Lift Business, of Schlumberger, was acquired by Lufkin Land Rod Lift Business) services. The business division offers specialized Industries, via its financial sponsor KPS Capital Partners, through equipment, including hydraulic and beam pumping units, an LBO on November 2, 2020 for an undisclosed sum. downhole pumps, pump components, spare parts, sucker rods and gas lift products across all major oil-producing regions in North America, including the Permian Basin.
Service Logic Provider of HVAC (heating, ventilation, and air The company was acquired by Leonard Green & Partners conditioning) and mechanical services headquartered in through an LBO on November 2, 2020 for an undisclosed sum. Charlotte, United States. The company provides a full The debt financing for the transaction was provided by range of services including, energy, building automation JPMorgan Chase Bank, Morgan Stanley, Antares Capital, and services and technology solutions, helping clients identify Crescent Capital. the right technology investments for their business needs, with the aim to increase energy efficiency and drive long- term sustainability. Service Team of Professionals Provider of restoration services to home and business The company was acquired by Authority Brands, via its financial owners. The company through its franchise program helps sponsors Apax Partners and Altamir, through an LBO on clients from the initial cleanup to the final repair like November 4, 2020 for an undisclosed sum. broken or frozen pipes, water, mold. smoke and fire damage restoration services. Sonoma Technical Services Provider of installation and maintenance services for The company was acquired by Quality Uptime Services, via its emergency electrical backup systems. The company offers financial sponsor Seaport Capital, through an LBO on November installation and maintenance services on batteries, 20, 2020 for an undisclosed sum. compliance testing of uninterruptible power supply systems, electrical generators and electrical distribution systems for data centers, networking centers, call centers and internet providers. Spear Research Provider of engineering research and development for The company was acquired by Pacific Defense, via its financial U.S. government customers. The company specializes in sponsors HCI Equity Partners and Emerald Lake Capital electronic warfare, signals intelligence, autonomous Management, through an LBO on November 5, 2020 for an command and control, algorithm development, data undisclosed sum. analytics, hardware design and development.
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 November 2020
Company Name Description Deal Synopsis Summit Consulting Int'l Provider of business intelligence (BI) consulting and The company was acquired by Oeconnection, via its financial solutions to the automotive industry. The company's sponsor Genstar Capital, through an LBO on November 10, services are focused on transforming the way automotive 2020, for an undisclosed sum. OEMs, dealers and their customers receive, manage, distribute and communicate actionable information.
Sweeping Corporation of America Provider of street sweeping services intended to maintain The company was acquired by Warburg Pincus through an LBO cleanliness. The company uses a mechanical broom and on November 30, 2020 for an undisclosed sum. regenerative air vacuum sweeping vehicles that are capable of quickly removing a variety of foreign objects and general debris from roads, runways and pavements, enabling the cities, counties and state departments of transportation to clean and maintain the locations with minimal disruptions and remove safety hazards before they end up in the stormwater systems.
Syndigo Provider of consumer product content management The company was acquired by Summit Partners through an LBO services for consumer packaged goods manufacturers, on November 30, 2020 for an undisclosed sum. Jefferies retailers, wholesalers, electronic commerce, and related Finance, Deutsche Bank, UBS provided $585 million debt businesses. The company combines a large database of financing in the form of a $50 million five-year revolving credit consumer product images and information with category facility, a $375 million first lien term loan and a $160 million management and store optimization, planogram second lien term loan to support this transaction. development and training, floor planning, product cataloging, enabling businesses to maximize sales and operational efficiency.
Tabtronics Provider of assembly and fabrication subcontracting The company was acquired by Mirac, via its financial sponsors services. The company specializes in the design, Weller Equity Partners, Advantage Capital (Saint Louis) and fabrication, assembly of printed circuit boards, wire Chrysalis Ventures, through an LBO on November 2, 2020 for an harnesses, circuit board development and testing on a undisclosed sum. contractual basis, providing its clients with quality products at competitive prices.
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 November 2020
Company Name Description Deal Synopsis Texas Power Consultants Provider of energy management and consulting services The company was acquired by Priority Power, via its financial to a range of institutions including financial, educational, sponsor Ara Partners, through an LBO on November 9, 2020 for government, professional and property management an undisclosed sum. based in Tyler, Texas. The company specializes in offering energy advisory, electricity procurement, power factor correction and energy audits enabling clients to improve energy efficiency. The LiRo Group Provider of construction management and engineering The company was acquired by Global Infrastructure Solutions, services based in Syosset, New York. The company offers via its financial sponsor Saybrook Capital, through an LBO on design and engineering to construction and management, November 2, 2020 for an undisclosed sum. technical knowledge, local connections and broad market experience enabling to deliver specialized services across the entire building life cycle.
ThermaCare (North American North American Right. The North American rights to ThermaCare of Glaxosmithkline Rights) Consumer Healthcare was acquired by Bridges Consumer Healthcare, via its financial sponsor Charlesbank Capital Partners, through an LBO on November 30, 2020 for an undisclosed sum. Treasure Aisles Flea Market A 100,000-square-foot climate-controlled indoor facility in The flea market was acquired by United Flea Markets, via its Ohio. The flea market has an outdoor shopping and financial sponsor Delos Capital, through an LBO on November entertainment center where vendors sell new and vintage 18, 2020 for an undisclosed sum. items including arts, crafts, home décor, apparel, toys, tools, electronics and sporting goods.
Triangle Traffic Painting Provider of construction services. The company has The company was acquired by Satterfield Paving, via its financial expertise in offering striping and pavement maintenance sponsor Halstatt Legacy Partners, through an LBO on November services throughout central North Carolina. 10, 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 November 2020
Company Name Description Deal Synopsis Two Labs Provider of consultancy services for the pharmaceutical The company was acquired by Envision Pharma Group, via its and biotechnology sectors. The company offers strategic financial sponsors GHO Capital, HarbourVest Partners and consulting, market access, market intelligence and Mubadala Investment Company, through an estimated $280 integrated pharma services for commercialization, million LBO on November 12, 2020. lifecycle management and acquisition transition, enabling clients to remove barriers in the product lifecycle from strategy to implementation.
United Land Services Provider of commercial landscape maintenance services The company was acquired by Centre Partners and LP FIrst for single-family home development, condominium Capital through an LBO on November 2, 2020 for an undisclosed complex, commercial building and shopping centers. The sum. company supplies landscaping materials and offers professional outdoor installations, outdoor lighting, gardenings & plantings, sod installation, landscape designing, irrigation systems, hardscape, driveways & entranceways construction.
Valet Living Provider of full-service amenities to the multifamily The company was acquired by GI Partners through an LBO on housing industry. The company offers doorstep waste and November 23, 2020 for an undisclosed sum. recycling collection, turns, maintenance and pet solutions, enabling homeowners to increase their property value.
Veregy Provider of energy efficiency solutions and smart building The company was acquired by Court Square through an LBO on technologies intended to resolve facility infrastructure November 3, 2020 for an undisclosed sum. challenges while optimizing building performance and reducing energy consumption. The company specializes in the assessment and implementation of energy conservation projects and optimizes performance through infrastructure upgrades of major systems to achieve better energy and maintenance savings potential, enabling the clients to generate better energy usage, resulting in positive cash flow.
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 November 2020
Company Name Description Deal Synopsis Vessco Distributor of water and wastewater technology products The company was acquired by Gryphon Investors and its and provider of engineering services to municipal, management through an LBO on November 16, 2020 for an industrial water and wastewater treatment projects. The undisclosed sum. company supplies process, flow control, pumps and automation equipment and services to water and wastewater treatment utilities and industrial users and also offers value-added design, engineering support, and aftermarket parts and services.
Vitolo Operator of an insurance agency dedicated to build and The company was acquired by Hub International, via its financial maintain long-term relationships and to assure the sponsors HarbourVest Partners, Hellman & Friedman, AlpInvest benefit plan and administration is compliant with the Partners and Altas Partners through an LBO on November 16, regulatory environment. The company provides employee 2020 for an undisclosed sum. benefits, group benefit planning and compliance consulting to clients by using analytics tools.
Walker Aero Enterprises Provider of compositing services with an aim to reduce The company was acquired by American Allwaste, via its and recycle waste streams in the central Texas area. The financial sponsor NewHold Enterprises, through an LBO on company uses an aerobic method of composting involving November 10, 2020 for an undisclosed sum. The acquisition of the decomposition of organic material into a humus-like the company will allow American Allwaste to divert waste from consistency that can be used in soil erosion control, land landfills and instead recycle, reuse or resell materials as and stream reclamation, wetland construction and as compost. landfill cover.
Warehouse Technology Distributor and provider of material handling and The company was acquired by The Miner and Harvest Partners warehousing distribution services. The company provides through an LBO on November 30, 2020 for an undisclosed sum. installation and distribution of loading dock systems, commercial overhead doors, warehouse storage systems, and additional facility products. Wellflex Energy Solutions Provider of design technology to assist in detailed The company was acquired by Petrosmith, via its financial engineering, fabrication and project management. The sponsors K2 Energy Capital and Blue Wolf Capital Partners, company offers a process to install a higher quality through an LBO on November 23, 2020 for an undisclosed sum. system along with modularizing a pad site for oil and gas production and process equipment in a cost-effective 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 November 2020
Company Name Description Deal Synopsis Winter Harbor Provider of restructuring and turnaround services to The company was acquired by Riveron, via its financial sponsor middle-market companies intended to improve their H.I.G. Capital, through an LBO on November 2, 2020 for an operational performance, liquidity and capital structure. undisclosed sum. The company offers and has expertise in restructuring and turnaround, crisis management, interim management, financial advisory and assessment, capital raising, transaction support and due diligence, bankruptcy, insolvency and case management.
WLE Provider of commercial landscape management and The company was acquired by BrightView Landscapes, via its construction services. The company provides commercial financial sponsor Kohlberg Kravis Roberts, through an LBO on landscape maintenance, landscape services and November 2, 2020 for an undisclosed sum. enhancements to homeowner's association, developer, commercial, and municipal clients across three markets in Central Texas. X-Cell Tool & Mold Manufacturer of plastic injection molds. The company The company was acquired by SyBridge Technologies manufactures close-tolerance and multi-cavity plastic (Michigan), via its financial sponsor Crestview Partners, through injection molds like plastic caps, closures & containers for an LBO on November 18, 2020 for an undisclosed sum. the medical, consumer goods and electronics industries.
Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected]