Pipeline – Private Equity 18-03-24

Growth capital and private equity

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“The Future will not just happen, you make it happen!”

Again this is just a fun BETA blog website with a few goals.  Our main goal is networking for results!  Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” – JD Morris

Here are a few deals that closed of interest that our Senior Executive Advisors can help provide.

• The Riverside Company acquired Safety First Contracting, a Canada-based provider of traffic management solutions for utilities, utility contractors and telecommunication companies, as an add-on for its Area Wide Protective platform. Financial terms weren’t disclosed.

• Eckhart, a portfolio company of LFM Capital, acquired Logic Plus, a Reed City, Mich.-based electrical controls and automation company. Financial terms weren’t disclosed.

• Harvey Building Products, a portfolio company of Dunes Point Capital, acquired Thermo-Tech Windows & Doors, a Sauk Rapids, Minn.-based maker of new and replacement windows and doors. Financial terms weren’t disclosed.

• GrayMatter, a portfolio company of Hamilton Robinson Capital Partners, acquired Technical Marketing Manufacturing, Inca Denver, Colo.-based supplier of electrical control equipment and software.

• Entertainment Studios acquired the Weather Group, parent company of the Weather Channel television network and Local Now streaming service. The sellers were Blackstone, Bain Capital and Comcast/NBC Universal. Financial terms weren’t disclosed.

Talk with our senior executive advisors (SEA) that can help you explore options.

Happy Networking and Investing,

 

JD Morris

Investor Network by JD

PEG Deals that close plus focus today on the beverage industry


Should you have a beverage company that has $20 million plus in revenue and needs growth capital, text JD at +1 858-869-9483 anytime.  Referrals to business owners is welcome!

Great example in the news is that LifeAID raised private equity for growth this week.  The Mercury News report at the 1st of year the following, “A 3-year-old Santa Cruz beverage company, LifeAID, is profitable, ramping up to ship 1 million cans a month, supplying customers in a dozen countries and needing more space in the Wrigley building on the Westside.”  This is a prime example of what type of company gets funded and we can fast track your process.

We will be contacting a beer, wine, and energy drink company today.  Other referrals welcome! And now for the news of deals that get funded by Private Equity Groups!

Private Equity

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

• 3PL Central, a Manhattan Beach, Calif.-based provider of third party logistics and warehouse management software, has acquired Traker Systems, a provider of cloud-based inventory control software. No financial terms were disclosed. 3PL Central is a portfolio company of Mainsail Partners. www.3plcentral.com

• Bain Capital and Goldman Sachs have agreed to acquire a majority stake inCarver Korea, a South Korean cosmetics company. No financial terms were disclosed, except that Carver is on a $130 million revenue run rate. This represents Bain Capital’s first-ever investment in Korea. www.hydration.co.kr

• Clayton, Dubilier & Rice has completed its previously-announced acquisition of Tranzact, a Fort Lee, N.J.-based provider of direct-to-consumer sales and marketing solutions for U.S. insurance carriers, from shareholders like White Mountains Insurance Group Ltd. (NYSE: WTM). No financial terms were disclosed, although earlier news reports said that Tranzact generates around $50 million in annual EBITDA. Evercore managed the process. www.cdr-inc.com

• Clubessential LLC, a Cincinnati-based provider of software for golf and yacht clubs, has raised an undisclosed amount of growth equity funding from Battery Ventures. www.clubessential.com

Thoma Bravo

• Deltek, a Herndon, Va.-based portfolio company of Thoma Bravo, has acquired Union Square Software, a UK-based provider of project information and collaboration software for the architecture, engineering and construction markets. No financial terms were disclosed. www.deltek.com

• First Reserve has agreed to acquire Morrison Utility Services, a British utility infrastructure company, from Bregal Capital and Motion Equity Partners. No financial terms were disclosed, except that Morrison generates over £600 million in annual revenue. www.firstreserve.com

• Genesys, a French provider of omnichannel customer experience and contact center solutions, has raised around $900 million in equity funding from Hellman & Friedman at a $3.8 billion valuation. www.genesys.com/fr

• LifeAID Beverage Co., a Santa Cruz, Calif.-based manufacturer of “premium nutritional products for active lifestyles,” has raised an undisclosed amount of private equity funding from KarpReilly LLC. www.lifeaidbevco.com

• Marlin Equity Partners has acquired Revenew Inc., a provider of through-channel and distributed marketing solutions. No financial terms were disclosed. Revenew with the marketing applications business from Teradata Corp. (NYSE: TDC), and call the combined company Aprimo. www.marlinequity.com

• Vantage Specialty Chemicals Inc., a Chicago-based portfolio company of The Jordan Co., has agreed to acquire Mallet and Company, a Pittsburgh-based provider of baking release agents. No financial terms were disclosed. www.vantagespecialties.com

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

We are currently looking to invest in following area, but are open to other companies with strong growth and need for capital to support the growth!

  • Specialty Manufacturing / Industrial Technology

  • Consumer Products and Services

  • Business Services

  • Health Care Services

  • Education and Training

Referrals to business owners and the people that support these owners such as accountant, lawyers, and others is welcome!

Happy Networking,

JD Morris

JD Morris

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