Business Products and Services Deals for July...
Transcript of Business Products and Services Deals for July...
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Aberdeen Servers and Storage
(Certain Assets)
Portfolio of certain assets of Aberdeen Servers and
Storage.
The portfolio of certain assets of Aberdeen Servers and Storage
was acquired by Source Code, via its financial sponsor JMC
Capital Partners through an LBO on July 6, 2018 for an
undisclosed sum. This acquisition strengthens Source Code's
position in the certified storage market, enhances their west
coast presence and continues their aggressive program of
building their business both through acquisition and organic
growth.
Abracon Manufacturer of passive electronic components and
electromechanical timing, synchronization, power,
connectivity and radio frequency (RF) services. The
company offers a wide selection of quartz timing crystals
and oscillators, MEMS oscillators, real time clocks (RTC),
bluetooth modules, ceramic resonators, SAW filters and
resonators, power and , transformers, circuit protection
components and RF antennas and wireless charging coils.
The company was acquired by The Riverside Company through
an LBO on July 23, 2018 for an undisclosed sum. In support of
the transaction, Antares Capital and Bain Capital provided loan
financing.
Absolute Crane Service Provider of overhead crane services and equipment. The
company's portfolio of services includes inspections,
maintenance, repair, design and installation of new and
refurbished equipment and parts for overhead cranes.
The company was acquired by Crane 1 Services, via its financial
sponsor Pfingsten Partners, through an LBO on July 20, 2018 for
an undisclosed sum.
ALS | Resolvion Provider loss mitigation services, including location and
recovery services. The company contracts with auto
lenders to manage the repossession process of vehicle
recoveries annually, including locating the vehicles and
utilizing a nationwide network of third-party asset
recovery companies to recover vehicles in the United
States.
The company received an undisclosed amount of development
capital from Spanos Barber Jesse & Co. on July 31, 2018.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Aureon HR Provider of employment services to small and mid sized
businesses. The company is engaged in providing in
employment services, outsourced tech support, advice on
employment issues or decisions, compliance monitoring,
unemployment claims and various back office processing
services.
The company was acquired by Oasis Outsourcing, via its
financial sponsors Kelso Private Equity, Prudential Capital Group
and Stone Point Capital through an LBO on July 17, 2018 for an
undisclosed sum.
Bergquist (Membrane Switch
Business)
Developer of membrane switch technology. The company
engages in developing advanced fabrication process for
layer adhesiveness and provides a structural integrity for
membrane switches and various types of electro-
mechanical assemblies, enabling clients to receive a
technology which offers high performance sealing against
liquid ingression, chemicals and strong pressure
variations.
Bergquist's Membrane Switch Business was acquired by Groupe
Graham International, via its financial sponsors Caisse de dépôt
et placement du Québec, Fonds Manufacturier Québécois and
Namakor Holdings through an LBO on July 25, 2018 for an
undisclosed sum.
Block & Company Manufacturer of cash handling and business supplies. The
company's products include cash drawers, point-of-sale
systems, bags and accessories, coin and currency,
semacon cash management, cash recycler supplies, check
handling and imaging-supplies, providing financial,
gaming, hospitality, education, restaurant, retail and
vending industries with cash management services.
The company was acquired by Speyside Equity through an LBO
on July 6, 2018 for an undisclosed sum.
Control Technology & Solutions Provider of comprehensive energy efficiency solutions
intended to offer turn-key retrofit solutions. The
Company's performance contracting, design-build, and
system integration capabilities coupled with its energy
conservation measures, including HVAC, building
automation controls, geothermal, lighting and solar, allow
building owners, facility operators, K-12, higher
education, and municipalities to upgrade aging buildings
and infrastructure while reducing energy and operational
costs.
The company received an undisclosed amount of development
capital from Bow River Capital Partners on July 3, 2017. The
company was recapitalized as a result of this transaction.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Debron Industrial Electronics Manufacturer of electronic controls, wire and cable
harness and printed circuit board assemblies. The
company provides design, layout and engineering services
and also integrates electronic controls into assemblies
and provides additional value-added services such as
kitting, packaging and direct delivery to the end-
customer, enabling industrial, automotive, aerospace,
medical and defense industries to enhance their stand-
alone production needs.
The company was acquired by The Mendota Group through an
LBO on July 2, 2018 for an undisclosed sum.
Diamond Surface (Rumble Strip
Division)
Developer of rumble strip installation machines. The unit
develops and builds self contained power machines that
install rumble strips with a wide variety of shoulder cross
sections, configurations and widths on roadways by
cutting wide grooves on concrete or asphalt based on
dimensions, spacing and location, enabling clients with a
safer and easier to operate machine that eliminates the
need for loading and unloading.
The Rumble Strip Division of Diamond Surface, was acquired by
Surface Preparation Technologies, via its financial sponsors
Branford Castle Partners and Brookside Mezzanine Partners
through an LBO on July 2, 2018, for an undisclosed sum. The
acquisition enables Surface Preparation Technologies to
enhance customer service and increase flexibility in scheduling
during the peak season.
DOT Sales Company Operator of a warehouse. The company's facility has an
extensive inventory of underground water pipeline
related products.
The company was acquired by Core & Main, via its financial
sponsor Clayton, Dubilier & Rice, through an LBO on July 31,
2018 for an undisclosed sum.
Edsal Manufacturing Company Manufacturer and supplier of residential steel storage
racks. The company's products include steel cabinets and
lockers, industrial racking and free-standing metal
toolboxes which are marketed through various brands,
enabling homeowners, small businesses and commercial
customers to organize their space.
The company was acquired by Monomoy Capital Partners
through an LBO on July 10, 2018 for an undisclosed sum. The
company received $141 million of debt financing in the form of
a loan from undisclosed lenders in this transaction.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
EPIC Systems Group Provider of engineering, fabrication and integration
services. The company's services include designing,
integrating, and automation of modular process systems,
pilot plants, packaging lines, and machine vision
inspection systems, enabling the manufacturer to
transform plant operations and improve bottom line,
ensure quality and safety, risk reduction, and ensures long-
term profitability.
The company was acquired by Compass Group Equity Partners
through an LBO on July 31, 2018 for an undisclosed sum. The
acquisition will facilitate growth and injects new expertise into
EPIC's core business groups.
Exiger Provider of a global regulatory and sustainable
compliance solutions. The company offers a range of
technology-enabled advisory, diligence, financial crime,
risk and compliance services, enabling financial
institutions, governmental agencies and multinational
corporations to prevent compliance breaches, respond to
risk, remediate major issues and monitor ongoing
business activities.
The company received $80 million of development capital from
Carrick Capital Partners on July 9, 2018. The company intends to
use the funds to deliver its RegTech solutions to global financial
institutions and corporations, accelerate its growth by
continuing to build out and acquire differentiated technology
and technology-enabled solutions.
First Security Services Provider of comprehensive security personnel services.
The company's range of services include private security
guards, vehicle patrol, alarm response, residential
security, special event security, executive protection and
corporate security, providing industrial complexes,
businesses, school districts, governments and healthcare
facilities with an around-the-clock communications
support of the highest caliber.
The company, a subsidiary of First Alarm & Patrol, was acquired
by SOS Security, via its financial sponsor ZS Fund, through an
LBO on July 27, 2018 for an undisclosed sum.
Intermountain Wind (795 MW
wind development portfolio )
A wind development portfolio in Wyoming. The wind
development portfolio has a capacity of 795 MW.
A 795 MW wind development portfolio of Intermountain Wind,
was acquired by BluEarth Renewables, via its financial sponsor
Ontario Teachers' Pension Plan on July 23, 2018 for an
undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Jet Parts Engineering Designer and manufacturer of proprietary OEM-
alternative parts and repair services for the commercial
aerospace industry. The company provides proprietary
aftermarket replacement components, known as Parts
Manufacturing Approval ("PMA") and complementary
proprietary component repair services with access to
their e-commerce site, providing commercial airline and
MRO customers with significant cost savings, reduced
lead times, good quality and customer service.
The company was acquired and recapitalized by Vance Street
Capital, Lexington Partners, MLC Australia, Neuberger Berman
and Private Advisors through an LBO on July 26, 2018 for an
undisclosed sum.
Koorsen Fire & Security (Traverse
City
Provider of fire protection services. The company's fire
protection services offer restaurant suppression, kitchen
hood cleaning, fire alarm monitoring, and engineered fire
protection systems, clean agent fire and vehicle
suppression systems, fire extinguishers and high and low
pressure CO2, enabling customers to get friendly
customer service at competitive prices and professionally
trained and certified fire protection services.
The company was acquired by Summit Companies, via its
financial sponsor CI Capital Partners, through an LBO for an
undisclosed amount on July 10, 2018. This acquisition is a
strategic geographic expansion of Summit's existing fire
protection, life safety and consulting business.
Laminate Works Dallas Manufacturer and provider of high pressure laminated
panels and component parts in Dallas. The company
provides high-quality HPL panels along with contract-
based furnishing services, enabling schools, restaurants,
hotels, architects, carpenters, and other furnishing
companies to attain high-quality panels and services with
on-time shipments.
The company, a subsidiary of Laminate Works Inc., was acquired
by Wilsonart, via its financial sponsor Clayton, Dubilier & Rice,
through an LBO in July 2018 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Lineage Logistics Holdings Provider of warehousing and logistics services. The
company operates as a warehousing and logistics partner
committed to delivering sophisticated, customized, and
dependable cold chain storages to leading food, retail,
agriculture and distribution companies thus ensuring its
food supply is handled, stored and delivered safely and
securely.
The company received $700 million of development capital
from Stonepeak Infrastructure Partners, Bay Grove Capital,
Daniel Sundheim and other undisclosed investors on July 17,
2018. The funding will be used by the company to further
expand its network and services.
LQC Pipe and Supply Distributor of pipes, valves and fittings. The company
inventories and distributes carbon steel, stainless steel
and special alloy products in all of the materials, types,
pressures and size range applicable to natural gas-related
infrastructure projects and downstream turnaround
project, providing midstream and downstream end-users
with safe, quality and reliable products at a competitive
price.
The company received an undisclosed amount of development
capital from Rock Hill Capital on July 10, 2018. As part of the
transaction company was recapitalized.
Maxcess Manufacturer of a comprehensive breadth of products
designed to optimize web processing applications. The
company's products covers the brand names in the
industry, by providing web guiding, tension control, web
slitting and roll supporting shafts, enabling customers to
solve their web processing applications.
The company was acquired by Berwind through an SBO for an
undisclosed amount on July 03, 2018.
MCR Facility Services Provider of integrated facility solutions intended to create
asset preservation and long-term enhancement. The
company's services include on-site engineering, lighting,
energy solutions, HVAC & mechanical, and mission-critical
solutions provided through stand-alone or integrated
solutions, providing the hospitality, gaming and
commercial facilities industries with turn-key engineering
services at an efficient cost.
The company was acquired by The Service Companies, via its
financial sponsor Gridiron Capital, through an LBO on July 25,
2018 for an undisclosed sum. With this acquisition, The Service
Companies becomes a uniquely positioned provider of services
to the hospitality, gaming and facility services industries.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
MNX Global Logistics Provider of transportation and logistical services intended
for time-critical shipping requirements. The company
provides customized transportation and logistics services
including customized transportation and logistics services
for time critical, high-value goods with expertise
(including Temperature-Controlled) in healthcare, life
sciences, aviation, and other end markets for time critical,
high-value goods with expertise (including Temperature-
Controlled) in healthcare, life sciences, aviation and other
end markets
The company was acquired by Audax Group through an SBO for
an undisclosed amount on July 10, 2018.
Myers Emergency Power
Systems
Manufacturer of emergency lighting products. The
company specializes in manufacturing a wide range of
inverters, converters and backup systems in its
manufacturing facility equipped with modern technology
intended to conduct specifications analysis, design,
manufacturing, testing and installation, enabling clients to
receive a custom-made line of products made using
customer-selected components.
The company was acquired by Graham Partners through an LBO
on July 9, 2018 for an undisclosed sum.
National Gift Card Manufacturer of gift cards and prepaid cards. The
company serves clients needing gift cards, prepaid cards
and the physical and digital fulfillment solutions by
partnering with their merchants, providing B2B loyalty,
reward and incentive marketplace businesses with over
500 physical and digital gift card brands globally.
The company was acquired by LaSalle Capital through an LBO on
July 23, 2018 for an undisclosed sum.
Osceola News-Gazette A newspaper based in Kissimmee, Florida. The Osceola
News-Gazette publishes twice weekly and is carrier-
delivered to about 40,000 households that request the
publication.
Osceola News-Gazette was acquired by American Hometown
Publishing, via its financial sponsor West End Holdings, through
an LBO on July 9, 2018 for an undisclosed amount.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Pinewood at National Hills 20 two-story buildings located in Augusta, Georgia. The
property consists of one, two and three bedroom
residences totaling 160 individual units with amenities
like a swimming pool with large sundeck and community
room, providing easy access to the medical center,
shopping mall and Fort Gordon.
Residential property of 20 two-story buildings, totaling 160
individual units were acquired by Lexerd Capital Management
through an LBO on July 30, 2018 for an undisclosed sum.
Pixomondo Provider of visual effects and digital media services. The
company engages in collaborating and developing various
visual effects for feature films and original concepts with
the help of a team of skilled and qualified professionals
for its clients.
The company was acquired by Mayfair Equity Partners through
an LBO on July 17, 2018 for an undisclosed sum.
Plasticard-Locktech International Provider of card production, card personalization, direct
mail and all print services. The company's products such
as hotel keycard, gift card and loyalty card are
manufactured for the hospitality, gaming, gift and
entertainment industries.
The company was acquired by Platinum Equity through an LBO
for an undisclosed amount on July 03, 2018.
Pratt Industries (Michigan) Manufacturer and marketer of specialized trailers and
chassis. The company's offerings include intermodal
chassis, heavy haul trailers, housing/construction trailers,
logging/mining trailers and various other trailers that
have the highest retail value, providing operators, leasing
companies, and dealers of specialty trailers with quality
trailers at efficient prices.
The company received an undisclosed amount of development
capital from LFM Capital on July 17, 2018. A new Chief Executive
Officer will be joining the company. The partnership will help
continue the company's growth trajectory and also provide day-
to-day leadership allowing the founder to focus on product
development.
Precision Aviation Group Provider of aircraft parts and maintenance, repair and
overhaul (MRO) services for Rotary and Fixed-Wing
aircraft. The company provides repairs and sales support
services for avionics, instruments, electronics and
electrical accessories used in helicopters and turboprop
aircraft internationally.
The company was acquired by GenNx360 Capital Partners
through an LBO on July 26, 2018, for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
ProSource Plumbing Supply Supplier of plumbing supplies and other related building
products intended to meet design expectations. The
company's products include faucets, gourmet kitchen
faucets, luxury bathroom accessories, cabinet hardware,
lighting fixtures and other accessories, enabling builders,
decorators and homeowners to bring a sense of luxury to
their homes at an efficient cost.
The company received an undisclosed amount of development
capital from CID Capital on July 26, 2018.
Radius Global Market Research Provider of research and marketing services intended to
navigate the customer and competitive dynamics
affecting organizations. The company uncovers
business-building insights in the areas of brand
positioning, identifies the right mix of price, features, and
benefits to maximize customer demand by influencing
their purchase pathway thus enabling organizations to
maximize the returns on their investment.
The company received an undisclosed amount of development
capital from NewSpring Capital on July 16, 2018. Proceeds of
the deal were used to acquire Cincinnati-based Illumination
Research.
Red Star Outdoor (21 iconic
billboard faces, Chicago)
21 iconic billboard faces in Chicago. The 21 iconic billboards of Red Star Outdoor were acquired by
Branded Cities, via its financial sponsor Shamrock Capital
Advisors, through an LBO on July 10, 2008 for an undisclosed
sum.
Rock-It Cargo Provider of logistics management services. The company
provides Live Event freight forwarding and logistics
services combine highly seasoned agents with the most
trusted global network in the industry to deliver
extraordinary events around the world to ensure that the
shipments arrive safely and on time no matter the
location.
The company was acquired by ATL Partners through an LBO on
July 31, 2018, for an undisclosed sum.
Sandvik Hyperion Manufacturer of metal cutting and drilling equipment.
The company's innovative cemented carbide, diamond
and cubic boron nitride products, enable the customers to
improve business performance with effective and wear-
resistant tools, applications and components in hard and
super-hard materials.
The company, a subsidiary of Sandvik (STO:SAND), was acquired
by Kohlberg Kravis Roberts through a SEK 4 billion LBO on July 2,
2018.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Santa Monica Business Park One million square feet of office and retail business park.
The property includes 12 distinctive office buildings, many
with central atriums and several surrounding retail,
restaurant and financial service facilities on two full city
blocks offering a professional, yet relaxing business
community adjacent to the Santa Monica Airport in the
greater West Los Angeles area.
Canada Pension Plan Investment Board acquired a 45% stake in
the company for $147.6 million on July 23, 2018.
Screenvision Media Provider of cinema advertising and film distribution
services. The company operates a premier cinema, video,
and media organization that curates powerful and
uncluttered storytelling for brands, exhibitors, and
audiences at movie theatres nationwide across the United
States.
The company was acquired by ABRY Partners and The Riverside
Company through an LBO on July 11, 2018 for an undisclosed
sum. Deutsche Bank also provided an undisclosed loan for the
transaction.
Security Source Lock & Hardware Provider of installation services and other related services
for lock and hardware equipment. The company engages
in offering lock and hardware installation services with
the help of a team of trained professionals who manage
the day-to-day needs for locks and hardware, enabling
clients in NorthAmerica to receive cost-effective services.
Security Source's Lock & Hardware division was acquired by QSI
Facilities, via its financial sponsor Gridiron Capital, through an
LBO on July 9, 2018 for an undisclosed sum. This acquisition
broadens QSI's trade expertise and capabilities, providing access
to high quality vendors for multi-location installation, service
and support to manage clients' day-to-day lock & hardware
needs. This acquisition continues QSI's growth in expanding
their North American critical solutions capabilities for their
customers.
Signresource Designer, manufacturer and installer of exterior and
interior signage and brand identification products. The
company manufactures and sells identity products such
as pylon signs, awning and fascia systems, monument
signs, channel letters, wall signs, neon signs, interior
signage and point-of-purchase displays, menu boards and
LED message centers.
The company was acquired by Industrial Opportunity Partners,
Scott Van Ness and company's management team, through an
LBO on July 31, 2018 for an undisclosed sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Stellar Loyalty Provider of a cloud based loyalty and engagement
platform created to bring delight and value to consumer
experience. The company's platform provides mobile-best
cloud software for acquiring and engaging customers,
enabling brands to instantly recognize and reward their
loyal customers across the network of digital, physical and
human interactions.
The company was acquired by Cheetah Digital, via its financial
sponsor Vector Capital, through a LBO on July 30, 2018 for an
undisclosed sum.
Sunrise Miami Adult Day Care
Center
An adult day care center in Miami, Florida. The daycare
centre provides senior housing in a well-managed and
caring setting which includes services and amenities like
help with paying bill, laundry service, communal dining
hall, television and media area, a public living room as
well as a myriad of dining choices such as low sodium
options.
An adult day care center in Miami was acquired by Active Day
(Adult Day Care Centers), via its financial sponsors Audax Group
and Golub Capital, through an LBO on July 25, 2018 for an
undisclosed sum. The seller of the company was Sunrise
Community.
The Atlantic Station Apartment
Homes
A 324 unit complex based in Fort Worth, Texas. The
complex comprises one, two and three-bedroom
apartment homes with multiple community amenities.
The Atlantic Station Apartment Homes of Greystar Real Estate
Partners, was acquired by Atlantic Pacific Companies through an
LBO on June 9, 2018 for an undisclosed sum.
The Lory of Warner Robins A 102 patio-style unit apartment complex in the city of
Warner Robins, Georgia. The living spaces are designed
for comfort and convenience, with a quaint community
vibe, top-notch schools, full-time professional on-site staff
and other amenities including a newly upgraded saltwater
swimming pool, updated kitchens and interiors,
playgrounds and family areas.
The property was acquired by Lexerd Capital Management,
through an LBO on July 9, 2018 for an undisclosed amount.
Lexerd plans to rebrand the Lakeshore Pointe property as The
Lory of Warner Robins.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
The Service Companies Provider of premier outsourced services for the
hospitality industry. The company offers a full scope of
services, including turn-key housekeeping, public and
casino area cleaning, kitchen cleaning, stewarding,
laundry services, trained food and beverage professional
staffing, window and chandelier cleaning, pressure
washing and more for portfolio of customers including
hotels, casinos, resorts, arenas, stadiums, corporate
cafeterias, schools, universities and hospitals.
The company was acquired by Gridiron Capital through an LBO
on July 11, 2018 for an undisclosed sum. As a part of the
transaction, Twin Brook Capital Partners provided $80.5 million
of debt financing in support of the deal.
Ticomix (Managed and
Infrastructure Support Services)
Provider of managed and infrastructure support services. The company, a subsidiary of Ticomix, was acquired by Marco
Technologies, via its financial sponsor Norwest Equity Partners
and Antares Capital through an LBO on July 30, 2018 for an
undisclosed sum.
Transformer Repair Utility
Services
Provider of transformer repairing and utility services. The
company's services include refurbishing transformers and
other utility products on-site, infrared reading, meter
reading, field service and repair, enabling clients to
protect their company's capital investment.
The company was acquired by System One Holdings, via its
financial sponsors Thomas H. Lee Partners and ICG Enterprise
Trust through an LBO on July 9, 2018 for an undisclosed sum.
Veritext Legal Solutions Provider of deposition and litigation support services
intended to offer national coverage and on-time delivery.
The company's deposition and litigation support services
utilize the latest easy-to-use technologies that streamline
the deposition process, enhance delivery flexibility and
reliably handle the most complex cases enabling to offer
proprietary video, mobile and remote services combined
with unmatched security, including HIPAA and PII
compliance, ensure that Veritext clients have the best
tools available and the confidence of working with the
market leader. It offers court reporting services across the
full spectrum of corporations and industries.
The company was acquired by Leonard Green & Partners
through an LBO on July 27, 2018, for an undisclosed sum.
Jefferies Finance, BNP Paribas and Macquire Group provided
$495 million debt financing in the form of $40 million senior
secured revolving credit line, $300 million senior secured first
lien term loan, $50 million senior secured delayed draw first lien
term loan and $105 million senior secured second lien term loan
to support the transaction.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615
Business Products and Services Deals for July 2018
Company Name Description Deal Synopsis
Vukota (Rainbow Forest
Apartment Homes)
An apartment building located in Georgia. The building is
2 stories high and contains 156 garden style apartment
units which consist of two and three bedroom floorplans.
The property was acquired by Vukota Capital Management
through an LBO on July 13, 2018 for an undisclosed sum.
Yak Access Operator of a specialty equipment leasing and logistics
company. The company offers temporary access solutions
to remote construction sites serving energy infrastructure
repair and development work in North America.
The company was acquired by Platinum Equity through an LBO
on July 30, 2018 for an undisclosed sum.
Young's Communications Provider of infrastructure services to the
telecommunications and utility industries. The company
specializes in offering mission-critical underground and
aerial construction, directional boring, fiber installation
and emergency maintenance and response services,
enabling its clients to deliver the projects on time and
within budget.
The company was acquired by Cotton Creek Capital
Management through an LBO on July 9, 2018 for an undisclosed
sum.
Cook M&A Advisory Services
212 W Kinzie Street, Ste. 600
Chicago, IL 60654
Arnis Kins
Managing Director(312) 755-5615