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Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group...

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Business Products and Services Deals for March 2021 Company Name Description Deal Synopsis 80/20 Developer and manufacturer of modular aluminum T-slot aluminum building systems intended for industrial and end-market customers. The company develops and facilitates multifunction building systems for automation challenges, robotic support, machine frames, displays, changing requirements over time, offering customizable and scalable solutions that meet client requirements. The company was acquired by MPE Partners and its management through an LBO on March 03, 2021 for an undisclosed sum. Antares Capital, Churchill Asset Management and Manulife Investment Management provided $82.7 million debt financing in the form of a $10 million revolver and a $72.7 million first lien term loan for the transaction. The company was recapitalized as a result of this transaction. Access Capital Group Provider of financial services intended for the life and health insurance industry. The company uses proprietary valuation methodologies and streamlined processes to provide insurance agents and agencies with the necessary capital to accelerate both their business and personal objectives. The company was acquired by Integrity Marketing Group, via its financial sponsors Harvest Partners and HGGC, through an LBO on March 2, 2021 for an undisclosed sum. The deal is expected to provide agents and agencies with necessary flexibility to monetise their book of business and procure instant capital. Access Control Related Enterprises Operator of an electronic security development company. The company operates as a platform to consolidate acquisitions in the electronic security industry. The company was acquired by Triton through an LBO on March 11, 2021 for an undisclosed sum. The acquisition will enable the company to invest in innovation and bring leading solutions to customers. Ace Asphalt Operator of a full-service asphalt and concrete maintenance company. The company provides parking lot maintenance and repair and comprehensive site development services for paved and concrete surfaces in five southwestern states of Arizona, Texas, Nevada, New Mexico and Oklahoma. The company was acquired by Sunland Asphalt and Construction, via its financial sponsor Huron Capital, through an LBO on March 8, 2021 for an undisclosed sum. AI Fire Provider of fire and life safety services. The company offers installation, maintenance, inspection, monitoring and retrofit services for fire alarms, sprinklers, fire extinguishers and other fire suppression systems that comply with all codes, providing worry-free inspections, maintenance and testing programs, in-house repairs and emergency services to its clients. The company was acquired by Snow Phipps Group through an LBO on March 23, 2021 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]
Transcript
Page 1: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

80/20 Developer and manufacturer of modular aluminum T-slot

aluminum building systems intended for industrial and

end-market customers. The company develops and

facilitates multifunction building systems for automation

challenges, robotic support, machine frames, displays,

changing requirements over time, offering customizable

and scalable solutions that meet client requirements.

The company was acquired by MPE Partners and its

management through an LBO on March 03, 2021 for an

undisclosed sum. Antares Capital, Churchill Asset Management

and Manulife Investment Management provided $82.7 million

debt financing in the form of a $10 million revolver and a $72.7

million first lien term loan for the transaction. The company was

recapitalized as a result of this transaction.

Access Capital Group Provider of financial services intended for the life and

health insurance industry. The company uses proprietary

valuation methodologies and streamlined processes to

provide insurance agents and agencies with the necessary

capital to accelerate both their business and personal

objectives.

The company was acquired by Integrity Marketing Group, via its

financial sponsors Harvest Partners and HGGC, through an LBO

on March 2, 2021 for an undisclosed sum. The deal is expected

to provide agents and agencies with necessary flexibility to

monetise their book of business and procure instant capital.

Access Control Related

Enterprises

Operator of an electronic security development company.

The company operates as a platform to consolidate

acquisitions in the electronic security industry.

The company was acquired by Triton through an LBO on March

11, 2021 for an undisclosed sum. The acquisition will enable the

company to invest in innovation and bring leading solutions to

customers.

Ace Asphalt Operator of a full-service asphalt and concrete

maintenance company. The company provides parking lot

maintenance and repair and comprehensive site

development services for paved and concrete surfaces in

five southwestern states of Arizona, Texas, Nevada, New

Mexico and Oklahoma.

The company was acquired by Sunland Asphalt and

Construction, via its financial sponsor Huron Capital, through an

LBO on March 8, 2021 for an undisclosed sum.

AI Fire Provider of fire and life safety services. The company

offers installation, maintenance, inspection, monitoring

and retrofit services for fire alarms, sprinklers, fire

extinguishers and other fire suppression systems that

comply with all codes, providing worry-free inspections,

maintenance and testing programs, in-house repairs and

emergency services to its clients.

The company was acquired by Snow Phipps Group through an

LBO on March 23, 2021 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 2: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Allentech Manufacturer and erector of internal floating roofs and

perimeter seal systems for above-ground storage tanks

and covers for API separator basins. The company offers

aluminum internal floating roofs, contact and pontoon

type roofs, cable suspended units, floating roof seals and

separator cover systems with its

customers in the oil and gas industry, including oil

producers, pipeline companies and for-hire storage

terminals.

The company was acquired by HMT, via its financial sponsor

Tailwind Capital, through an LBO on March 29, 2021 for an

undisclosed sum.

Alliance Mechanical Services Provider of installation and maintenance services

intended for commercial building facilities and food

service establishments. The company offers preventative

maintenance programs as well as project management

and installation services for heating, ventilation and air

conditioning, commercial refrigeration and cooking

equipment, enabling clients to minimize interruptions and

inconvenience to their businesses.

The company was acquired by Tech-24, via its financial sponsors

HCI Equity Partners and The Firmament Group, through an LBO

on March 1, 2021 for an undisclosed sum.

Altaflo Manufacturer of fluoropolymer and fluoroplastic pipes

and tubes for the aerospace, pharmaceutical, chemical,

energy and electronics industries. The company

specializes in customized fluid handling solutions for

challenging applications, including those requiring

additional precision and purity, providing cost-effective

products that meet clients' specific requirements.

The company was acquired by Pexco, via its financial sponsor

AEA Investors through an LBO on March 1, 2021 for an

undisclosed sum. The acquisition significantly expands Pexco's

polymer capabilities and technical expertise and brings a

proprietary suite of after-branded products.

Ambit Group Provider of business consulting services intended for the

federal market place. The company offers data driven

solutions in areas including national security, federal

science, citizen service and regulatory, enabling

government clients to make informed decisions.

The company received an undisclosed amount of development

capital from AE Industrial Partners on March 2, 2021. As a part

of this transaction, the company received debt financing from

Atlantic Union Bank. The financing is intended to be used for

acquisition of GreenZone Solutions.

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 March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

American Achievement Manufacturer and supplier of commemorative jewelry

and recognition products for high schools, universities,

sports organizations and corporations worldwide. The

company provides class rings, yearbooks and graduation

products such as personalized graduation

announcements, name cards, thank you notes, diplomas,

mini diplomas, diploma covers, certificates, appreciation

gifts, graduation soft goods, caps and gowns.

The company was acquired by Cerberus Capital Management,

Onex Falcon and Prudential Private Capital through an LBO on

March 22, 2021 for an undisclosed sum.

Anser Advisory Provider of capital program advisory and consulting

services intended to successfully guide programs and

projects from concept to closeout. The company offers

consulting services related to engineering, planning,

construction-finance and construction to public and

private customers across different end markets including

transportation, energy, aviation, K-12 and higher

education, healthcare and housing, enabling clients to

evaluate and overcome challenges and subsequently

meet their project objectives.

The company was acquired by Sterling Investment Partners

through an LBO on March 11, 2021 for an undisclosed sum. As a

result of the transaction, the company was recapitalized.

Arete Partners Provider of executive search services intended for venture

capital-backed startups. The company's platform uses

machine learning to identify appropriate candidates for

the roles of vice president, divisional head and director as

per the startup's specific needs, enabling businesses to

find the right leadership talent.

The company was acquired by Riviera Partners, via its financial

sponsors Kayne Anderson Capital Advisors and ROCA Partners,

through an LBO on March 10, 2021 for an undisclosed sum. The

acquisition will enable the company to build upon its focus on

seed-to-B stage VC-backed startups.

B.C. MacDonald Distributor of machine tools, coolants and gaging

equipment intended for specialty manufacturers

throughout the Midwest. The company offers a range of

cutting tools and dimensional gaging products as well as

advanced service contracts to customers in Missouri,

Kansas, Iowa, Nebraska and Illinois, providing businesses

with metrology solutions and localized technical support.

The company was acquired by Concept Machine Tool, via its

financial sponsor Goldner Hawn, through an LBO on March 5,

2021 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 4: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Barnes International Manufacturer of filtration products intended for a variety

of industrial applications. The company offers a range of

products including coolant filtration systems, drum fabric

filters, pressure and vacuum filtration systems, grinding

and chip-making machines that provide both permanent

and disposable media filtration.

The company was acquired by Komline-Sanderson, via its

financial sponsor Glen Echo Capital, through an LBO on March

24, 2021 for an undisclosed sum.

Bealine Environmental Services Operator of a non hazardous centralized waste treatment

facility based in Pasadena, Texas. The company offers

industrial wastewater treatment, material recovery and

waste management services, providing the industrial

clients with access to continuous treatment of their

contaminated water.

The company was acquired by Circon Environmental, via its

financial sponsor Kinderhook Industries, through an LBO on

March 11, 2021 for an undisclosed sum. The acquisition will

further expand Circon Environmental's capacity and footprint

within the Houston market.

Binford Supply Manufacturer and distributor of fences based in Balch

Springs, Texas. The company provides fences and fencing

products like chain-link fences, access controls,

agricultural fences, gates and others to residential and

commercial fencing contractors throughout Texas,

Oklahoma and Colorado markets.

The company was acquired by Fencing Supply Group, via its

financial sponsor The Sterling Group, through an LBO on March

2, 2021 for an undisclosed sum.

Blair-Duron Restoration Provider of concrete repair, restoration and installation

services intended for industrial, commercial, healthcare,

university and military facilities. The company specializes

in resinous flooring systems, parking deck coating

systems, terrazzo flooring, vapor moisture control

systems and concrete polishing, helping clients with their

flooring needs.

The company was acquired by Crescendo Capital Partners

through an LBO on March 12, 2021 for an undisclosed sum.

Boston Trade International Provider of interior design and procurement services

intended for the hospitality industry. The company offers

furniture, fixtures & equipment procurement, budgeting

and project management services to full-service hotels,

independent property owners to multi-property

franchisees, providing them with customized solutions

that meet the specific needs of each project.

The company was acquired by Vertically Integrated Projects, via

its financial sponsor Blackford Capital, through an LBO on March

18, 2021 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 March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

BridgeView - A Division of

Consero

Provider of finance and administration services to firms

focused on investment and financial management. The

company offers services including business registration,

local licensing, vendor selection and cloud-based

accounting to financial services organizations including

private equity and venture capital firms as well as hedge

funds.

The company was acquired by Consero Global Solutions, via its

financial sponsor Kayne Anderson Capital Advisors, through an

LBO on March 3, 2021 for an undisclosed sum.

Cameron Wire & Cable Distributor of commercial and industrial wire, cable and

related accessories to the renewable energy, building

wire, industrial and utility end markets. The company,

through its electrical distribution business unit, focuses on

copper, aluminum and specialty wire and cable product

offerings and services for the electrical distribution

market while the renewable energy business unit supplies

specialty cable, custom cable kits and customized

engineered services, ensuring productivity and

profitability.

The company received an undisclosed amount of development

capital from Kinderhook Industries on March 30, 2021. In

support of this transaction, Regions Financial provided debt

financing to the company and the company was recapitalized.

Cascadia Custom Molding Provider of thermoplastic components intended for

medical, aerospace and consumer goods. The company

also provides inkjet printing, point of sale packaging, drop

shipment, pad printing and sonic welding.

The company was acquired by Ritus Corporation, via its financial

sponsor Blue Point Capital Partners, through an LBO on March

30, 2021 for an undisclosed sum. The acquisition will expand

Ritus Corporation's product offerings and geographic footprint

into the Pacific Northwest while enhancing manufacturing

capabilities and diversifying end markets served.

Catcon Group Provider of property restoration and damage control

services intended for multifamily, commercial and

industrial properties. The company offers contracting,

renovations, clean-up and construction-defect repairs

with an intention to make the restoration and

reconstruction as seamless and stress-free as possible

with services all across the United States.

The company was acquired by Blackmon Mooring, via its

financial sponsor AEA Investors, through an LBO on March 16,

2021 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 March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Central Analysis Bureau Provider of risk assessment and data services intended for

the transportation insurance industry. The company

utilizes a complex system for rating, tracking and

analyzing motor carrier's financial and safety strength,

enabling insurance carriers and agents to make better,

more informed decisions.

The company was acquired by Randall-Reilly, via its financial

sponsors Aurora Capital Group and The Cambria Group, through

an LBO on March 4, 2021 for an undisclosed sum.

Chirisa Investments (Chicago

Data Center)

A 105,682 square-feet data center facility in Chicago,

Illinois. The asset consists of over 30,000-square-feet of

white space and more than 2.4-megawatt of critical load.

The data center of Chirisa Investments was acquired by

Landmark Dividend, via its financial sponsor American

Infrastructure Funds, on March 4, 2021 for an undisclosed sum

Chris Glynn's Tree Experts Provider of tree care services intended to keep properties

beautiful, safe and protected. The company offers a range

of services including tree pruning, removal, stump

grinding as well as general landscaping to customers.

The company was acquired by SavATree, via its financial

sponsor CI Capital Partners, through an LBO on March 15, 2021

for an undisclosed sum.

Ciro's Sewer Cleaning Provider of sewer cleaning and inspection services to

residential, commercial, industrial and municipal

customers. The company provides liquid waste

management, sewer and drain cleaning, inspection and

repair services throughout the State of Ohio.

The company was acquired by Liquid Environmental Solutions,

via its financial sponsors Audax Group and Diverse Communities

Impact Fund, through an LBO on March 11, 2021 for an

undisclosed sum.

CivilTech Engineering Provider of civil and transportation engineering consulting

services intended for local, state and federal clients. The

company uses its expertise to advise clients on public

infrastructure projects including highways, roads, bridges,

stormwater drainage systems, flood control facilities,

water and wastewater systems and airports.

The company was acquired by Woolpert, via its financial

sponsors Long Point Capital, Stags Participations and TriSpan,

through an LBO on March 3, 2021 for an undisclosed sum.

Cleanstreet Provider of street sweeping services intended to maintain

cleanliness. The company provides M]municipal street

sweeping, stormwater system cleaning, business

improvement services, concrete scrubbing, special event

clean-up, construction sweeping, grease removal to

California municipalities, private contractors, and

commercial properties.

The company was acquired by Sweeping Corporation of

America, via its financial sponsor Warburg Pincus, through an

LBO on March 4, 2021 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 7: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Colony Capital (Hospitality

Business Portfolio)

Six hospitality business portfolios in Los Angeles,

California. The six portfolios consist of 22,676 rooms

across 197 hotel properties.

The Hospitality Business Portfolio of Colony Capital was

acquired by Cerberus Capital Management and Highgate Hotels

through a $2.8 billion LBO on March 25, 2021.

Colson Group Manufacturer and distributor of caster and wheel

products based in Oakbrook Terrace, Illinois. The

company engages in producing innovative caster and

wheel products in its facilities as well as provides fulfills

needs, enabling businesses to receive a robust product

offering and making the businesses efficient and

profitable.

The company was acquired by Blue Wolf Capital Partners

through a $230 million LBO on March 1, 2021. The transaction

was supported by $170 million of debt financing in the form of a

senior secured credit facility from MidCap Financial.

Confidential Communications

International

Provider of medical record retrieval and deposition

services intended for law firms, insurance companies and

corporations. The company offers records retrieval, court

reporting and process services and acts as a disinterested

third party, providing both plaintiff and defense counsel

with litigation support.

The company was acquired by Lexitas, via its financial sponsor

Apax Partners, through an LBO on March 16, 2021 for an

undisclosed sum.

Construction Services Company Provider of loss assessment services intended for the

construction consulting industry. The company offers

perspective and level of communication, physical

research of records and provides detailed information

focusing on the varied needs of the claims industry.

The company was acquired by Sedgwick Claims Management

Services, via its financial sponsors Ardian, Caisse de dépôt et

placement du Québec, Stone Point Capital and The Carlyle

Group, through an LBO on March 2, 2021 for an undisclosed

sum.

Control Works Provider of building control system services to the

commercial and industrial market spaces. The company's

experienced technicians offer design, installation and

servicing of building automation solutions (BAS) to

customers across Madison.

The company was acquired by Reedy Industries, via its financial

sponsor Audax Group, through an LBO on March 4, 2021 for an

undisclosed sum. The acquisition will allow Reedy Industries to

expand into the Madison metropolitan region by increasing its

building automation and controls prowess.

Cosgrove Enterprises Supplier of janitorial, sanitary and cleaning products

based in Miami Lakes, Florida. The company offers a wide

variety of sanitary, janitorial products, enabling customers

with quick and easy availability of products.

The company was acquired by Imperial Dade, via its financial

sponsor Bain Capital, through an LBO on March 12, 2021 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 8: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

DFS Marketing Provider of insurance marketing services to finance

professionals and insurance agents. The company

leverages a robust sales training platform to help

independent agents improve their sales performance

through the distribution of fixed index annuities to pre-

retirees, baby boomers and seniors, enabling them to

grow their business.

The company was acquired by AmeriLife Group, via its financial

sponsors Thomas H. Lee Partners and Waterfield Group,

through an LBO on March 2, 2021 for an undisclosed sum.

Digital Signage Expo Operator of a trade show dedicated to digital signage,

interactive technology, and Out-of-Home (OOH)

networks. The company's expo allows attendees to

explore every aspect of digital and interactive display,

from concept and design to content and analytics, while

also offering educational conferences, enabling clients to

transform their business communication, customer

engagement and brand experiences.

The company, a business unit of Exponation, was acquired by

Questex, via its financial sponsor MidOcean Partners, through

an LBO on March 25, 2021 for an undisclosed sum.

Duer Carolina Coil Manufacturer of coil springs intended to meet the most

exacting requirements and needs of customers in every

line of manufacturing. The company offers hot and cold

wound springs in configurations such as compression,

extension, torsion, pigtail, conical and variable pitch

which are processed through computerized load testing

equipment, intended for application in valves and

actuators, mining and construction, automotive, military,

heavy-duty truck suspension and agriculture industry.

The company was acquired by MW Industries, via its financial

sponsor American Securities, through an LBO on March 26,

2021 for an undisclosed sum.

Duquette Refrigeration Provider of superior HVACR service and installations for

supermarkets, convenience stores, refrigerated

warehouses, manufacturing, commercial office and retail

customers. The company provides rack systems, display

cases, self-contained cases, walk-in coolers, warehouse

refrigeration, ice-making equipment and process cooling.

The company was acquired by Coolsys, via its financial sponsor

Ares Private Equity Group, through an LBO on March 31, 2021

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 March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

E3 Outsource Provider of outsourced employee benefits management

and technology services intended for handling the HR

needs of a workforce. The company offers open

enrollment, claims, benefit coaching and guidance in

evidence of insurability, enabling employees to make

educated decisions regarding their benefits choices and

alleviating the burden from the HR team.

The company was acquired by Alera Group, via its financial

sponsors Genstar Capital and The Carlyle Group, through an LBO

on March 1, 2021 for an undisclosed sum. The acquisition

provides enhanced employee benefits services to Alera Group

clients in more than 100 locations throughout the country.

Eastern Pipe Service Provider of sewer pipe inspection and pipeline inspection

services based in New Hampshire, United States. The

company provides sewer and drain pipeline cleaning,

catch basin cleaning, hydro-excavation, sewer evaluation

and maintenance services.

The company was acquired by Wind River Environmental, via its

financial sponsor Gryphon Investors, through an LBO on March

3, 2021 for an undisclosed sum.

EBS Healthcare provider of clinic, school and home-based behavioral and

therapeutic services to children with autism, special

needs and developmental/behavior issues. The company

offers education programs in the fields of audiology,

behavior and ABA therapy, occupational therapy,

paraprofessional, physical therapy, psychology, school

nurse, speech-language pathology and teacher of the

deaf and hard of hearing, enabling therapists and special

educators to meet their educational needs.

The company was acquired by Stepping Stones Group, via its

financial sponsors Five Arrows Capital Partners and Florac,

through an LBO on March 15, 2021 for an undisclosed sum.

Madison Capital Funding LLC provided debt financing to

Stepping Stones Group for the transaction.

Enginetics Aerospace Manufacturer of metal-formed components for the

aviation market. The company designs and builds

complex, 3-D formed components and welded assemblies

commercial-grade and military aircraft engines.

The company, a subsidiary of Standex International, was

acquired by Enjet Aero, via its financial sponsor VantEdge

Partners, through a $11.5 million LBO on March 31, 2021.

Eurekanomics Provider of litigation services based in El Cerrito. The

company offers services focused on economics, finance,

damages and valuations to clients.

The company was acquired by Intensity, via its financial sponsor

Tide Rock Holdings, through an LBO on March 16, 2021 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 10: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Fire Alarm Services Provider of fire protection services covering the regions of

Denver Metropolitan, Northern Colorado, the central and

plains areas and the rocky mountains. The company offers

a range of services including system monitoring, fire

sprinkler services, pressurization systems testing, security

systems maintenance as well as electrical services to

customers.

The company was acquired by Pye Barker Fire & Safety, via its

financial sponsor Leonard Green & Partners, through an LBO on

March 5, 2021 for an undisclosed sum.

Flanders (US) Manufacturer of electrical motor, automation systems

and components for mining, mills, general industrial,

power and utilities, oil & gas and marine industry. The

company specializes in engineering, manufacturing and

servicing large electrical rotating equipment and systems

as well as offers advanced controls and software for

heavy machines.

The company was acquired by Center Rock Capital Partners

through an LBO on March 1, 2021 for an undisclosed sum.

FocusVision Worldwide Provider of qualitative and quantitative technology

services to the market research industry. The company

offers survey and customer insights software for

qualitative and quantitative research from online surveys

to test brand and product awareness, webcam interviews

and focus groups to uncover the motivations and

emotions behind a person's opinions and behaviors,

through to understanding how products and causes

impact a consumer's lifestyle via social-media styled

online communities, online bulletin boards, video diaries,

point-of-sale display and concept testing.

The company was acquired by Confirmit, via its financial

sponsors Zobito and Verdane, through a $365 million LBO on

March 09, 2021. Antares Capital, BMO Capital Markets, HSBC

Bank provided $4.3 million incremental first lien term loan in

support of this transaction.

GE Additive (Three Electron

Beam Printers)

Three electron beam printer. The three printers of General Electric were acquired by Sintavia,

via its financial sponsor Neff Capital Management, through an

LBO on March 2, 2021 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 March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Glass Lewis Provider of global governance services intended to

streamline proxy voting and engagement processes. The

company is focused on providing corporate governance

and proxy vote management to deliver transparency and

efficiency to investments, operations and compliance

teams, enabling institutional investors to understand and

connect with the companies in which they invest.

The company was acquired by Peloton Capital Management and

Mr. Stephen Smith through an LBO on March 16, 2021 for an

undisclosed sum.

Global Eagle Global Eagle Entertainment Inc provides content,

connectivity, and digital media solutions for the travel

industry worldwide. It operates in two segments, Media

and Content, and Connectivity. The Media and Content

buys, produces, manages, distributes, and provides post-

production services and wholly-owned and licensed

media content, video and music programming,

advertising, applications, and video games for and to the

airline, maritime, and other away from home non-

theatrical markets. Its Connectivity segment provides

satellite-based connectivity services to enterprise and

government customers in the aviation, maritime, and land

vertical markets. The company derives maximum revenue

from Connectivity segment and geographically from Asia

and Middle East.

The company was acquired by Apollo Global Management,

Arbour Lane Capital Management, BlackRock, Mudrick Capital

Management, Eaton Vance and Sound Point Capital

Management through a $675 million LBO on March 23, 2021. As

a result of the proposed transaction, the company will reduce

its total debt by approximately $475 million and obtain

significant additional liquidity.

Hammer Packaging Manufacturer of package printing and decoration

products for food and beverage, household, personal

care, wine and spirits brands. The company offers

products including cut and stack, in-mold, pressure

sensitive, roll-fed and shrink sleeve labels and flexible

package printing products.

The company was acquired by Fort Dearborn, via its financial

sponsor Advent International, through an LBO on March 2, 2021

for an undisclosed sum.

Hy-Tek Holdings Provider of material handling services based in Columbus.

The company offers automation integration and handling

system solutions to clients across e-commerce, third-

party logistics and parcel markets.

The companies was acquired by Dunes Point Capital through an

LBO on March 24, 2021 for an undisclosed sum. The debt for

the transaction was provided by M&T Bank.

Cook M&A Advisory Services

212 W Kinzie Street, Ste. 600

Chicago, IL 60654

Arnis Kins

Managing Director(312) 755-5615

[email protected]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

In2Food Gourmet Distributor of food products intended to serve the

American pastry market. The company distributes

European premium brand products cake, chocolate,

crepes, pastry creams, tart shells, silicon mats and

decorative toppings.

The company was acquired by IRCA Group, via its financial

sponsors DVR Capital and The Carlyle Group, through an LBO on

March 12, 2021 for an undisclosed sum.

Inici Group Provider of project management and owner's

representation services to public and private clients in the

healthcare, research, justice, sports, academic,

commercial and hospitality sectors. The company offers a

full range of services that guide projects from concept

and design through construction and occupancy, enabling

clients to reduce operational costs.

The company was acquired by Cumming Group, via its financial

sponsors Tailwind Capital, Audax Group and Hartford

Investment Management Company, through an LBO on March

5, 2021 for an undisclosed sum.

Innovative Marking Systems Provider of roadway marking and maintenance services

across the western United States. The company offers

highway striping and removal, epoxy and waterborne

paint pavement markings and sign installation.

The company was acquired by RoadSafe Traffic Systems, via its

financial sponsors Aperion Management and ORIX Capital

Partners, through an LBO on March 8, 2021 for an undisclosed

sum. The acquisition will further establish RoadSafe Traffic

Systems' position in the Mountain West region and facilitate its

expansion into the Utah market.

Instructional Technologies Provider of online training and learning management

system software to transportation and logistics

companies. The company offers flexible lesson

methodologies and training content and 3D animations

that improve retention, ensure subject matter mastery

and lower the total cost of training, enabling companies

to reduce crashes, develop and retain drivers and reduce

liability related to employees and contractors behind the

wheel.

The company was acquired by SambaSafety, via its financial

sponsors HarbourVest Partners and ABRY Partners, through an

LBO on March 19, 2021 for an undisclosed sum.

INW Innovations in Nutrition +

Wellness

Manufacturer of dietary supplements, sports nutrition

and personal care products. The company provides

contract manufacturing, product development and

formulation using a highly automated process with

variable size and product delivery capabilities, providing

clients a one-stop-shop for all contract manufacturing

needs.

The company was acquired by Cornell Capital and its

management through an LBO on March 29, 2021 for an

undisclosed sum. Through this transaction Cornell Capital is also

providing funding for the acquisition of Bee Health.

Cook M&A Advisory Services

212 W Kinzie Street, Ste. 600

Chicago, IL 60654

Arnis Kins

Managing Director(312) 755-5615

[email protected]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Jason Jones Trucking Provider of trucking, logistics and repair services intended

to deliver goods all across the eastern United States. The

company specializes in the transport of flatbed shipping,

general freight, including drywall gypsum, lumber and

brick, heavy-duty truck and tire repair, providing

customers with safe and prompt delivery of their goods.

The company was acquired by PS Logistics, via its financial

sponsor One Equity Partners, through an LBO on March 1, 2021

for an undisclosed sum. The funds will be used for increasing

company's trucking capacity, service offerings and economies of

scale.

JG Advisory Services Provider of compliance consulting services to the

investment adviser community, specifically designed for

hedge and private equity funds. The company specializes

in compliance services for any group or fund size as well

as litigation support, compliance technology

development, ancillary projects and hedge fund

marketing, providing customized support to advisers that

enables them to maximize their business' potential.

The company was acquired by Foreside Financial Group, via its

financial sponsor Lovell Minnick Partners, through an LBO on

March 9, 2021.

John F. Watson and Company Provider of land surveying and land development services

in Texas. The company's services include land mapping,

geographical information systems (GIS) services and

general development-related consulting, providing pre-

development work, planning assistance and project

analysis in the renewable energy sector and the oil and

gas sector as well as other related municipal, industrial

and commercial related sectors.

The company was acquired by Surveying and Mapping, via its

financial sponsor Austin Ventures, through an LBO on March 8,

2021 for an undisclosed sum.

Jordan & Jordan (Market Data

Reporting)

Provider of reporting and related services intended for

compliance with licensing, provisioning, distribution and

reporting policies. The company offers a range of services

including exchange and vendor reporting, audit and

compliance support as well as documentation support

services to businesses.

The business division of Jordan and Jordan was acquired by TRG

Screen, via its financial sponsor Pamlico Capital, through an LBO

on March 3, 2021 for an undisclosed sum.

Joy's Johns Provider of portable restroom services for construction

and demolition sites as well as sporting events. The

company offers a range of restrooms and accessories

including luxury trailers, storage tanks and event

restrooms to customers.

The company was acquired by Lakeshore Recycling Systems, via

its financial sponsors MapleWood Partners and Goldman Sachs

Growth Equity, through an LBO on March 31, 2021 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]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Kerkstra Precast Manufacturer of precast and prestressed concrete

products intends to serve the industrial, commercial,

residential and infrastructure markets. The company's

product offering includes structural and architectural wall

panels, hollow-core planks, beams, columns, double tees,

stairs and other specialty products, serving all across the

Midwest.

The company was acquired by Fabcon Precast, via its financial

sponsor Solace Capital Partners, through an LBO on March 31,

2021 for an undisclosed sum. The acquisition strengthens

Fabcon's position in the precast market with seven

manufacturing locations in Minnesota, Michigan, Kansas, Ohio,

Pennsylvania and New York.

Kestrel Health Information Publisher of sourcebook for wound care clinicians,

academics and other medical professionals. The company

is a virtual conference producer, content provider and

also provides marketing services specializing in the wound

care market and medical device marketing.

The company was acquired by HMP Global, via its financial

sponsor Susquehanna Growth Equity, through an LBO on March

23, 2021 for an undisclosed sum.

Kleensweep Construction

Services (Collection and Recycling

Business Division)

Provider of collection and recycling services based in

Milton, Washington. The business unit offers service lines

and fleet assets for the collection and transportation of

recyclables to clients in the southeast Seattle

metropolitan region.

The business unit of Kleensweep Construction Services, was

acquired by DTG Recycling Group, via its financial sponsor

Clairvest Group, through an LBO on March 29, 2021 for an

undisclosed sum. The acquisition will help DTG Recycling Group

establish itself in one of Seattle's regions where it has a limited

presence.

L&G Environmental Operator of a non-hazardous liquid waste processing

facility. The company's facility helps process liquid waste

that will be sent to the composting operations for

beneficial reuse.

The company was acquired by American Allwaste, via its

financial sponsor NewHold Enterprises, through an LBO on

March 8, 2021 for an undisclosed sum.

Label Graphics Manufacturing Provider of labeling and printing services intended to

serve the pharmaceutical, nutraceutical, cosmetics,

beauty and other markets. The company manufactures

custom pressure-sensitive labels and shrink sleeves,

helping businesses with their label printing needs.

The company was acquired by Overnight Labels, via its financial

sponsor Dunes Point Capital, through an LBO on March 31, 2021

for an undisclosed sum.

Leaderboard Branding Provider of naming and branding services intended for

healthcare, biopharma, consumer and B2B companies.

The company offers a detailed brand development

roadmap, strategic insights, relationship management,

design and drug safety to clients.

The company was acquired by Fingerpaint, via its financial

sponsors Knox Lane and Apollo Investment, through an LBO on

March 23, 2021 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]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

LifeProtection Sprinkler Provider of life safety services for warehouses, industrial,

commercial, retail and residential properties. The

company's technicians specialize in wet, dry, preaction,

deluge and fire pumps, offering inspection, service and

installation of fire sprinkler and alarm systems.

The company was acquired by Pye Barker Fire & Safety, via its

financial sponsor Leonard Green & Partners, through an LBO on

March 26, 2021 for an undisclosed sum. The acquisition

expands Pye Barker Fire & Safety's presence in Dallas.

LockeyUSA Manufacturer of keyless door and gate security products

intended for commercial and residential applications. The

company's products include keyless locks, hydraulic gate-

closing hardware and panic hardware, providing home

and business owners with security and convenience.

The company was acquired by Nationwide Industries, via its

financial sponsors Harbour Group and Manulife Investment

Management, through an LBO on March 1, 2021 for an

undisclosed amount.

Lojack (North American Stolen

Vehicle Recovery Business)

Provider of tracking and recovery systems in North

America.

The North American Stolen vehicle recovery business of Lojack,

was acquired by Spireon, via its financial sponsor Greenbriar

Equity Group, through an LBO on March 16, 2021 for an

undisclosed sum.

Mashburn Outdoor Provider of outdoor advertising services in the United

States. The company operates digital and traditional

billboards, working with local, regional as well as national

advertisers.

The company was acquired by Stacker Holdings through an LBO

on March 12, 2021 for an undisclosed sum. The funding will be

used to support future acquisitions.

Midwest Keyless Distributor of replacement automotive remotes,

transponder keys and locksmith tools for locksmiths and

automotive professionals throughout the United States

and Canada. The company remanufactures and supplies

new and refurbished replacement original equipment

manufacturer (OEM) and aftermarket keyless entry

remotes and keys as well as key-cutting and programming

equipment, providing technical support and ongoing

education through its on-staff experts and training

seminars on programming and key-cutting equipment

that improve locksmith education and proficiency.

The company was acquired by Automotive Keys Group, via its

financial sponsor Kinderhook Industries, through an LBO on

March 23, 2021 for an undisclosed sum. The acquisition

magnifies Automotive Keys Group's presence in the wholesale

and locksmith sales channels and adds an experienced and

committed team to the organization. The company's

differentiated procurement model and customer service

processes will be leveraged across the broader Automotive Keys

Group platform.

Cook M&A Advisory Services

212 W Kinzie Street, Ste. 600

Chicago, IL 60654

Arnis Kins

Managing Director(312) 755-5615

[email protected]

Page 16: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Morningside Translations Provider of comprehensive translation services intended

to offer linguists and legal experts in over 100 languages

and dialects. The company's services include deposition,

document management, filing, voiceovers, subtitling,

interpretation services and website translation, enabling

life sciences, legal, consumer products, energy,

electronics, media and entertainment industries to meet

their language and multimedia services.

The company was acquired by Questel, via its financial sponsors

Eurazeo, IK Investment Partners and RAISE, through an LBO on

March 24, 2021 for an undisclosed sum.

Morris Light & Sound Provider of lighting and sound solutions. The company

offers light and sound experiences for multi-stage

festivals, conferences, stadiums, houses of worship and

businesses, providing audio-visual environments tailored

to the client's goals.

The company was acquired by Solotech, via its financial

sponsors Siparex Group, Claridge, Investissement Québec and

Desjardins Capital, through an LBO on March 3, 2021. This

acquisition was made to strengthen Solotech's live productions

and systems integration divisions in the US and to expand its

inventory.

New England Label Provider of printing services. The company specializes in

labeling services, digital printing, flexographic printing,

silkscreen printing and document printing.

The company was acquired by Resource Label Group, via its

financial sponsors First Atlantic Capital and TPG Growth,

through an LBO on March 8, 2021.

NielsenIQ Provider of retail and consumer data platform intended

for retailers and manufacturers. The company offers data

and builds tools that use predictive models to turn market

observations into business decisions and winning

solutions and these data and insights provide the

essential foundation that makes markets possible in the

rapidly evolving world of commerce, enabling better

innovation, faster delivery, and bolder decision-making.

The company, a subsidiary of The Nielsen Company (NYSE:

NLSN), was acquired by Advent International and Mr. James

Peck through a $2.7 billion LBO on March 5, 2021. As a part of

the transaction, $1.845 billion debt financing in the form of

revolving credit line and term loan B was provided by Bank of

America, Capital One Financial, UBS Investment Bank, Barclays,

Deutsche Bank AG, HSBC, RBC Capital Markets, MUFG and Wells

Fargo.

Cook M&A Advisory Services

212 W Kinzie Street, Ste. 600

Chicago, IL 60654

Arnis Kins

Managing Director(312) 755-5615

[email protected]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

nuCloud Provider of interactive campus map and tour software

service for college students. The company provides a

software-as-a-service (SaaS)-based application that allows

users to navigate and click through the map on a touch

device as well as to upload icons, photos, videos,

panoramas and audio files to associate with their points

of interest on campus, enabling education institutions to

build interactive maps and virtual tours that make it easy

for students to experience the campus of their choice in a

unique way.

The company was acquired by Modern Campus, via its financial

sponsors Saratoga Investment and The Riverside Company,

through an LBO on March 23, 2021 for an undisclosed sum. The

acquisition allows Modern Campus to improve the student

experience and deliver a personalized learner-to-earner

journey.

Oasis Materials Manufacturer of ceramic heaters used in semiconductor,

medical, defense and aerospace applications. The

company's products include stainless steel and glass

heaters, ultra-thin flexible zirconia, thin-film circuits and

wafer heaters.

The company was acquired by Fralock, via its financial sponsor

Arsenal Capital Partners, through an LBO on March 9, 2021 for

an undisclosed sum. This acquisition will enable Fralock Holdings

to incorporate the company's technology into its existing suite

of products to offer a wider variety of solutions for customers

seeking cost-competitive ways to augment precision thermal

management in critical applications.

Ortega Group Provider of consulting services intended to serve Amazon

sellers and vendors. The company offers a range of

services including strategic retail operations, A9 search

optimization, negotiating vendor contracts and trade

terms, content optimization and catalog evergreening,

product white space analysis, demand forecasting and

product launches, helping clients with retail strategies

that meet their business needs.

The company was acquired by Tinuiti, via its financial sponsors

New Mountain Capital and Capital Southwest, through an LBO

on March 17, 2021 for an undisclosed sum. The acquisition will

enable the company to deepen its expertise in marketplaces

and retail media and to expand its services globally.

Pacific Sweeping Provider of street sweeping services throughout Southern

California counties of San Diego, Orange, San Bernardino

and Riverside. The company offers a range of services

including municipal street sweeping, parking lot

sweeping, power washing services as well as fugitive dust

control services to municipalities, commercial businesses

and general contractors.

The company was acquired by Sweeping Corporation of

America, via its financial sponsor Warburg Pincus, through an

LBO on March 4, 2021 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]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Packard Distributor and supplier of HVACR (heating, ventilation,

air conditioning and refrigeration) motors and parts. The

company specializes in offering a variety of compressors,

draft inducers, air handling equipment like blower wheels

and metal fan blades, electrical components like

capacitors, contactors along with accessories like

mounting brakes and shaft adapters to its clients.

The company was acquired by DiversiTech, via its financial

sponsor Permira, through an LBO on March 5, 2021 for an

undisclosed sum.

PDC Machines Designer and manufacturer of specialty gas compression

systems for hydrogen energy applications worldwide. The

company engages in the design and engineering of basic-

to fully-instrumented leak-free, non-contaminating

reciprocating diaphragm gas compression systems in

accordance with customer specifications for automobiles,

bus and material handling fueling market, enabling clients

to increase their engineering efficiency, shorten the

delivery cycle and comply with domestic and international

codes.

The company received an undisclosed amount of development

capital from Arcline Investment Management on March 23,

2021. As a result of the transaction, the company was

recapitalized.

Pelco Products Manufacturer and supplier of traffic and utility hardware

based in Oklahoma, United States. The company's

products include traffic signal hardware, utility products

and decorative outdoor lighting.

The company was acquired by River Associates Investments

through an LBO on March 17, 2021 for an undisclosed sum.

Financing for this transaction was provided by Madison Capital

Funding and Northstar Mezzanine Partners to support hte

transaction.

Pioneer Well Services Provider of well service rigs and packages intended for

workover or completion operations and construction

services sector. The company offers fluid transfer, hot

oiling, frac tank rental, well site construction, fishing

packages and heavy machinery in Permian Basin.

The company, a subsidiary of Pioneer Natural Resources, was

acquired by Argonaut Private Equity, through an LBO on March

22, 2021 for an undisclosed sum.

PLTFRMR Provider of marketing, advertisement and brand

management services intended for startups and large

corporations. The company specializes in defining,

designing and developing brand marketing platforms for

new and existing companies.

The company was acquired by VICE Media, via its financial

sponsors Lupa Systems and TPG, through an LBO on March 30,

2021 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]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

PRGX Global PRGX Global Inc is engaged in providing recovery audit

and spends analytics service. Its services include recovery

audit, spend analytics and supplier information

management services. The company conducts its

operations through three reportable segments: Recovery

Audit Services - Americas, Recovery Audit Services -

Europe/Asia-Pacific and Adjacent Services. The Recovery

Audit Services - Americas segment are the largest

segment in terms of clients served and revenue

generated. The Recovery Audit Services - Europe/Asia-

Pacific segment represents recovery audit services

provided in Europe, Asia, and the Pacific region. Adjacent

Services offerings are generally provided to clients on a

global basis. The vast majority of the firm's revenue

comes from recovery audit.

The company was acquired by Ardian through an estimated

$195 million public-to-private LBO on March 4, 2021.

Pro-Tek Mechanical Provider of maintenance services intended for industrial,

commercial, and residential customers. The company

offers to maintain, install and repair mechanical devices

such as heating or air conditioning systems, energy-saving

thermostats, air filtration and humidification products as

well as piping systems for lab equipment, distribution

panels, dry coolers, washers and chillers, ensuring its

clients improved efficiency and lower costs.

The company was acquired by Reedy Industries, via its financial

sponsor Audax Group, through an LBO on March 16, 2021 for an

undisclosed sum. With this acquisition, Reedy Industries will

expand its market share in the Chicago metropolitan region by

maintaining focus on their core end markets - industrial and

pharmaceutical/labs customers.

Public Label Provider of marketing services intended to help brands

recognize and align with consumer motivations and

cultural movements. The company identifies and

harnesses cultural trends by tapping into what people

already believe in to build stronger brand affinity and

loyalty, enabling clients to accelerate brand growth.

The companies, subsidiaries of Match Marketing Group, were

acquired by Innovatus Capital Partners through an LBO on

March 17, 2021 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 20: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

PWS Laundry Distributor of commercial laundry equipment and parts

based in California, United States. The company provides

laundromats for sale, laundry equipment for sale, laundry

services, laundry parts and supplies, home laundry

equipment, multi-housing equipment.

The company was acquired by Alliance Laundry Systems, via its

financial sponsors BDT Capital Partners, Torreal and Ontario

Teachers' Pension Plan, through an LBO on March 1, 2021 for an

undisclosed sum.

Rabco Enterprises Provider of self-storage design options and different types

of steel buildings, including agricultural steel buildings,

airplane hangars and sports facilities intended for

maximizing site utilization for the best possible return on

self-storage investment. The company provides expert

site planning, unit/mix analysis, installation and

customization options for roof systems, insulation and

framing systems, offering customers quality, flexibility,

versatility and minimized self-storage development costs.

The company was acquired by Mako Steel, via its financial

sponsor New State Capital Partners, through an LBO on March

17, 2021 for an undisclosed sum.

Registry Monitoring Insurance

Services

Provider of insurance monitoring and compliance services

intended for brokers, third-party logistics and shippers.

The company provides collecting and monitoring

insurance certificates and manages compliance rules as

well as offers customized tools to manage and track

carriers, vendors, suppliers, tenants and contractors,

enabling its clients to reduce risk, cut costs, eliminate

paperwork and automate the registration and compliance

process.

The company was acquired by Truckstop.com, via its financial

sponsors Golub Capital BDC and ICONIQ Capital, through an LBO

on March 22, 2021 for an undisclosed sum. The acquisition will

give Truckstop.com carrier onboarding and insurance

monitoring and solidifying its leadership in providing solutions

that strengthen broker, shipper and carrier relationships.

Rocky Mountain Construction

Wholesale

Distributor and wholesaler of insulation and related

building materials based in Colorado, United States. The

company provides fiberglass insulation, blowing wool,

spray foam insulation.

The company was acquired by Specialty Products & Insulation,

via its financial sponsor Dunes Point Capital, through an LBO on

March 4, 2021 for an undisclosed sum.

S&S Activewear Distributor of premium wholesale apparel and accessories

based in Bolingbrook, Illinois. The company specializes in

retail sales of blank sportswear, corporate apparel and

accessories, including T-shirts, fleece, sweatshirts,

headwear, athletics and outerwear sourced from variety

of brands.

The company was acquired by Clayton and Dubilier & Rice and

its management through an LBO on March 11, 2021 for an

undisclosed sum. The transaction was financed by a $625

million second lien term loan, a $175 million term loan B and a

$225 million asset-based revolver, from a Barclays, Deutsche

Bank, BMO, Credit Suisse, Natixix, Truist and Keybank.

Cook M&A Advisory Services

212 W Kinzie Street, Ste. 600

Chicago, IL 60654

Arnis Kins

Managing Director(312) 755-5615

[email protected]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

SEI Group Provider of residential building products installation

services based in Doraville, Georgia. The company

engages in offering a diverse range of products including

insulation, gutters, garage doors, fireplaces, house wrap,

door hardware and mailboxes, enabling builders and

general contractors to residential construction markets in

Atlanta to receive reliable services.

The company was acquired by Quad-C Management through an

LBO on March 15, 2021 for an undisclosed sum.

Southern Truck Center Provider of truck and trailer repair and maintenance

service. The company specializes in offering a range of

services including electronic diagnostics, transmission

repair, wheel alignment, fleet refurb, engine rebuild and

roadside services, helping the drivers to get back to the

road as soon as possible.

The company was acquired by FleetPride, via its financial

sponsors TPG Growth, American Securities and ACE & Company,

through an LBO on March 31, 2021 for an undisclosed sum.

SS Industries Manufacturer of building products and materials for the

homeowner, contractor and professional stair customers.

The company offers materials including spiral stairs,

straight stairs and barn doors to clients.

The company was acquired by The Marwin Company, via its

financial sponsors Validor Capital and Tecum Capital, through an

LBO on March 30, 2021 for an undisclosed sum. The deal leads

to further diversifying The Marwin Company's product offering

and expanding its distribution capabilities with a direct-to-

consumer ("DTC") model.

System One Holdings Provider of professional staffing services in the U.S. The

company provides staffing and technical outsourcing

services to clients in the energy, engineering healthcare

and scientific sectors. It also offers a technology platform

that provides vendor management system functionality

needed to standardize workflows for key hiring processes.

The company was acquired by GFI Energy Group through an LBO

on March 2, 2021, for an undisclosed sum. In support of the

transaction, Truist, MUFG Union Bank, and Stifel Financial

provided $335 million of debt financing in the form of a $45

million revolving credit line and a $290 million term loan B.

Terra Group Corporation Developer and manufacturer of water purification

systems intended for military field applications. The

company offers portable, tactical and emergency water

purification, storage as well as distribution systems for

disasters and Nuclear, Biological and Chemical (NBC)

decontaminations, enabling rapid response, remote

locations and expeditionary teams to provide potable

water and sanitation support.

The company was acquired by HDT Global, via its financial

sponsor Charlesbank Capital Partners, through an LBO on March

8, 2021 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]

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Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Tessendorf Mechanical Services Provider of mechanical services intended to install and

repair commercial, industrial and residential mechanical

systems. The company employs expert technicians to

troubleshoot, service and replace complex mechanical

systems, preventing problems before they occur and

maintaining systems at a low cost.

The company was acquired by Reedy Industries, via its financial

sponsor Audax Group, through an LBO on March 3, 2021.

The Young Engineers Manufacturer of aircraft and aerospace hardware

products based in California. The company's product

range consists of various industry-standard and

proprietary potted-in, mechanically attached, floating nut

and floor panel fasteners, along with rivet inserts, tensile

fasteners and installation tooling for industrial use.

The company was acquired by Novaria Group, via its financial

sponsor Kohlberg Kravis Roberts, through an LBO on March 9,

2021 for an undisclosed sum.

Triatomic Environmental Provider of indoor air quality products based in Florida,

United States. The company specializes in indoor air

quality, clean air technology, blue-tube UV, and

ultraviolet germicidal irradiation products.

The company was acquired by DiversiTech, via its financial

sponsor Permira, through an LBO on March 24, 2021 for an

undisclosed sum.

TricorBraun Distributor of packaging products in North America. The

company provides packaging products ranging from

plastic and glass containers, closures, dispensers, to tubes

and flexibles across a wide array of customer end

markets, as well as offers services in package design,

engineering and development, global sourcing and

logistics management.

The company was acquired by Ontario Teachers' Pension Plan

and Ares Management through an LBO on March 3, 2021 for an

undisclosed sum. Credit Suisse, Antares Capital, Nomura

Securities, UBS Securities, Alcentra, Anchorage Capital, Audax,

Barings, Canyon Partners, Carlyle, CBAM, CVC, Eaton Vance,

Golub Capital and other lenders provided $1.447 billion debt

financing in the form of a $1.067 billion first lien term loan B, a

$140 million asset based revolver, a $240 million first lien

delayed drawn term loan and a $343 million second lien term

loan in support of this transaction.

Triple T Pipe & Supply Distributor of waterworks products located in Lubbock,

Texas. The company offers pipe, valves, hydrants, fittings

and other related products to contractors for any size job

sourced from quality manufacturers.

The company was acquired by Core & Main, via its financial

sponsor Clayton, Dubilier & Rice, through an LBO on March 1,

2021 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 23: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Truist (BB&T Recordkeeping

Retirement Business)

Provider of recordkeeping business services based in

Charlotte, North Carolina.

The BB&T recordkeeping retirement business of Truist was

acquired by Ascensus, via its financial sponsors Genstar Capital,

Atlas Merchant Capital, Aquiline Capital Partners and

Government of Singapore Investment Corporation (GIC),

through an LBO on March 3, 2021 for an undisclosed sum.

U.S. Nursing Provider of nurse staffing services. The company staffs

and helps to avert nursing labor disputes nationwide and

staffing services including staffing job actions, traveling

healthcare and per diem on-site registry to the healthcare

industry.

The company was acquired by Cornell Capital and Trilantic

North America through an LBO on March 5, 2021 for an

undisclosed sum.

Ultco Distributor of specialty seafood dedicated to bringing a

sustainable and traceable approach to high growth areas

of the seafood industry. The company primarily focuses

on responsibly ocean raised and wild harvested species

and caters to clients ranging from high end natural food

retailers and white tablecloth restaurants to business

class airline service and fast casual dining, providing them

with quality, clean label seafood products in new and

accessible formats.

The company was acquired by Milarex, via its financial sponsor

Summa Equity, through an LBO on March 15, 2021 for an

undisclosed sum.

United Infrastructure Group Provider of construction services for multiple sectors

including environment, facilities, the federal government,

safety, infrastructure, transportation and real estate. The

company offers services including bridge rehabilitation,

replacement, and new construction of the marine,

interstate, interchange, and secondary road bridges,

interstate widening, repair, and construction, site grading,

paving, resurfacing for the clients.

The company received a $20 million of development capital

from AAVIN Private Equity and management on March 22,

2021. The financing is intended to be used for acquisition of

Carolina Marine Structures. The company also received senior

debt financing for the transaction.

Universal Lighting Technologies Manufacturer and distributor of LED lighting solutions for

the commercial market. The company offers easy-to-

install centralized and decentralized digital lighting

control systems, dimming ballasts and controls, compact

fluorescent ballasts, electronic and magnetic ballasts for

fluorescent and high-intensity discharge lighting

throughout North America.

The company, a subsidiary of Panasonic, was acquired by Atar

Capital through an LBO on March 17, 2021 for an undisclosed

sum. Debt financing for the transaction was provided by FGI

Worldwide.

Cook M&A Advisory Services

212 W Kinzie Street, Ste. 600

Chicago, IL 60654

Arnis Kins

Managing Director(312) 755-5615

[email protected]

Page 24: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Venture Development Center Provider of advisory services in the areas of data

monetization and creative data sourcing. The company

offers alternative data enrichment solutions and makes

use of Artificial Intelligence (AI) and Machine Learning

(ML) to identify, define and implement new revenue

streams and enhance the current data set.

The company was acquired by Stirista, via its financial sponsor

Wavecrest Growth Partners, through an LBO on March 10, 2021

for an undisclosed sum. The acquisition will add unique and

authoritative data offerings and will expand Stirista's identity

assets and power its new data marketplace exchange.

VineBrook Homes (2,267 Single

Family Rental Homes)

A portfolio of 2,267 single family rental homes across

multiple markets in the United States. The homes have

storage, yards, privacy, security and are professional

management, providing an affordable and safe living

space for families.

The single family rental homes were acquired by VineBrook

Homes, via its financial sponsors Access Capital Partners and

NexPoint Real Estate Advisors, through an LBO on March 8,

2021.

Vinventions Manufacturer of a comprehensive range of wine closures.

The company offers screwcaps and closures designed to

maximize performance, design, and sustainability to

support the diverse requirements of still and sparkling

wine producers.

The company was acquired by L-GAM Advisers through an LBO

on March 17, 2021 for an undisclosed sum. The deal will enable

the company to implement an ambitious organic and external

growth roadmap and to establish the company as the leading

supplier of products and services for the wine industry.

Vision Government Solutions Provider of provided property tax software and services

for government organizations. The company's offerings

include land parcel management software technology and

services, enabling local government organizations to get

access to efficient assessment, billing, collections,

mapping, and permitting solutions.

The company was acquired by Rubicon Technology Partners

through an LBO on March 9, 2021 for an undisclosed sum.

VISTA Provider of centralized broadcast services intended for

sports, entertainment, news, corporate and a range of

other industries. The company provides transmission,

production, broadband applications, digital technological

resources to orchestrate media solutions for diversified

projects and allows the clients to make available their

content to the widest possible audience.

The company was acquired by NEP Group, via its financial

sponsors The Carlyle Group and Entrepreneur Partners, through

an LBO on March 2, 2021 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 25: Business Products and Services Deals for March 2021 · 2021. 4. 6. · Access Capital Group Provider of financial services intended for the life and health insurance industry. The

Business Products and Services Deals for March 2021

Company Name Description Deal Synopsis

Watlow Manufacturer of complete thermal systems intended to

recommend, develop and deliver the optimum thermal

solution for customer's equipment and process heat

requirements. The company's products include industrial

heaters, sensors, controllers, system assemblies and

software, designed to be customized for almost any

thermal application.

The company was acquired by Tinicum through an LBO on

March 2, 2021 for an undisclosed sum. BMO, Bank of America,

Barclays, Citizens Bank provided $565million debt financing in

the form of term loan B to support the acquisition consisting of

a $515 million term loan B and a $50 million revolving credit

facility. The transaction helps the company to fund significant

investments, enable its acquisition strategy and accelerate its

broader long-term strategy.

Wave Electronics Distributor of electronic equipment intended to build

strong long-term business partnerships through

unparalleled customer service, education, marketing, and

quality products. The company offers cables, headphones,

speakers, subwoofers, volume controls, video screens and

displays, temperature, and lighting control systems,

security cameras, access control systems, and other

related products and accessories.

The company was acquired by Altamont Capital Partners

through an LBO on March 18, 2021 for an undisclosed sum. This

investment will provide liquidity that will support the company's

existing capabilities and expand its inventory, creating an ample

runway for continued growth.

Wolo Manufacturing Manufacturer and distributor of vehicle horns, industrial

equipment and products intended for protection and

safety. The company offers horn design and technology in

electric, air, truck, marine, motorcycle and industrial

equipment and vehicle emergency and safety warning

lights for cars, trucks, industrial equipment and

emergency vehicles.

The company was acquired by 1847 Holdings through an LBO on

March 31, 2021 for an undisclosed sum.

Woolpert Provider of architecture, engineering and geospatial (AEG)

services. The company's AEG services deliver value to

clients by strategically blending engineering excellence

with leading-edge technology and geospatial applications.

Long Point Capital sold a stake in the company to MSD Private

Capital on March 24, 2021.

Cook M&A Advisory Services

212 W Kinzie Street, Ste. 600

Chicago, IL 60654

Arnis Kins

Managing Director(312) 755-5615

[email protected]


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