Business Products and Services Deals for July...

13
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 [email protected]

Transcript of Business Products and Services Deals for July...

Page 1: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 2: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 3: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 4: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 5: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 6: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 7: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 8: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 9: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 10: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 11: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 12: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]

Page 13: Business Products and Services Deals for July 2018cookma.com/wp-content/uploads/2018/08/PE-Deals-B2B-July-2018.pdf · system integration capabilities coupled with its energy conservation

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

[email protected]