NepFin DealWatch as of July 13, 2020

Jul 13, 2020

NepFin DealWatch is the definitive source for the latest deals in the lower middle market. For the week preceding July 13, here are some of the most recent transactions. To see one of your deals featured, please submit the details here.

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Business Services

  • Brixey & Meyer Capital acquired Access Control Systems, a Nashville, TN-based value-added distributor, system integrator, and installer of access control systems
  • Appfire, backed by Silversmith Capital Partners, acquired Beecom, a Swiss-based developer of automation tools to enhance Jira workflows
  • Leeds Equity Partners and Veritas Capital merged together (i) Campus Management, based in Boca Raton, FL, (ii) Campus Labs, based in Buffalo, NY, and (iii) iModules, based in Kansas City, MO, to form Anthology, a technology and data services provider to higher education institutions
  • Bazaarvoice, backed by Marlin Equity Partners, acquired Curalate, a Philadelphia, PA-based provider of social commerce solutions for brands and retailers; Horatio Partners advised on the transaction
  • ATTOM Data Solutions, backed by Lovell Minnick Partners, acquired Home Junction, a San Diego, CA-based provider of real estate data specializing in geographic boundary datasets for neighborhoods, schools and subdivisions
  • Arlington Capital Partners acquired J&J Worldwide Services, an Austin, TX-based provider of facilities services and solutions to US Federal Government sites
  • Computer Design & Integration (CDI), backed by One Equity Partners, acquired Plan B Technologies, an Annapolis, MD-based provider of outsourced IT managed services
  • Visible Supply Chain Management, backed by The Cynosure Group, acquired TriCon, an Irving, TX-based logistics and fulfillment company
  • Colony Capital invested in Vantage Data Centers, a Santa Clara, CA-based provider of hyperscale data center campuses; Citi advised on the transaction
  • Additional transactions

Consumer

  • Sonoma Brands acquired Chef’s Cut Real Jerky Co., a New York, NY-based producer of jerky, meat sticks and other meat-based snack products
  • EDIC College, Puerto Rican for-profit health sciences college and backed by Renovus Capital Partners, merged with Columbia Central University, a Caguas, PR-based for-profit university
  • Kidd & Company and T-street Capital formed Brand Holdings, a direct-to-consumer platform focused on health and wellness, sports nutrition, beauty and functional food brands, and acquired Dr. Emil Nutrition, a branded health, sports and wellness supplement company
  • Scott's Liquid Gold acquired the Dryel and Biz Stain Fighter brands from CR Brands, a portfolio company of Resilience Capital Partners; both brands are West Chester, PA-based manufacturers of laundry products; BellMark Partners advised on the transaction
  • Arena Investors acquired GHS Interactive Security, a Woodland Hills, CA-based home and business security alarm monitoring company; the company was rebranded as Vio Security as part of the transaction
  • Providence Strategic Growth acquired Jobcase, a Cambridge, MA-based provider of a social platform dedicated to empowering and advocating for workers; Workday Ventures provided a minority investment
  • The Wrench Group, backed by Leonard Green & Partners, acquired Service Champions North, a Pleasanton, CA-based provider of heating, ventilation, and air conditioning (HVAC) services for residential homeowners
  • SavATree, backed by CI Capital Partners, acquired Spruced Up Tree and Shrub, a Salem, MA-based a tree care company
  • Clean Streak Ventures, backed by MKH Capital Partners, acquired (i) Top Dog Express Car Wash & Oil Change, based in Orlando, FL, (ii) Blue Water Car Wash, based in Orlando, FL, and (iii) Clean Machine, based in Naples, FL; the companies are providers of express car wash services
  • Additional transactions

Financial Services-1

  • Patriot Growth Insurance Services, backed by Summit Partners, acquired (i) Arison Insurance Services, based in St. Petersburg, FL, and (ii) Ference Insurance, based in Gainesville, FL; both companies are independent health insurance agencies
  • World Insurance Associates, backed by Charlesbank Capital Partners, acquired Bentsen Combies Insurance, an East Greenwich, RI-based independent insurance agency; Scali Group advised on the transaction
  • Satori Capital invested in Mountain Cove Capital Management, a Fort Worth, TX-based global long/short equity fund actively trading large-cap US equities
  • Insurity, backed by GI Partners, acquired Virtual MGA, an Austin, TX-based provider of cloud-based solutions for the wholesale brokers, syndicates, and managing general agents
  • Additional transactions

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Healthcare

  • MLM Medical Labs, backed by Great Point Partners, acquired CirQuest Labs, a Memphis, TN-based provider of specialized laboratory services for the drug development industry
  • Abry Partners acquired HealthEZ, a Bloomington, MN-based independent third-party administrator of self-funded medical plans; Lincoln International advised on the transaction
  • Accelmed Partners acquired TearLab, an Escondido, CA-based provider of diagnostic testing and services for dry eye disease
  • PRISM Vision Group, backed by Quad-C Management, acquired The Retina Group of Washington, a Greenbelt, MD-based provider of retinal and macular care in Washington, DC, Virginia and Maryland; Antares financed the transaction
  • Additional transactions

Industrials

  • Reedy Industries, backed by Audax Private Equity, acquired Arctic Engineering, a Merrillville, IN-based provider of commercial and industrial HVAC, plumbing and building controls services
  • McCain Capital Partners invested in Classic Fire Protection, a North York, ON-based distributor of fire protection and safety products
  • Lynn Electronics, backed by NewSpring Capital, acquired Coast 2 Coast, an Anaheim, CA-based cable assembly manufacturer
  • FlashParking, backed by L Catterton, acquired the Parking Division of Control Systems, Inc.
  • Round Table Capital Partners invested in Hull & Associates, a Dublin, OH-based engineering consulting firm specializing in environment, energy, and infrastructure markets
  • Gladstone Capital and KCM Capital Partners acquired Mason West, Inc., a Placentia, CA-based provider of engineered seismic restraint and vibration isolation products to mechanical, electrical, and plumbing contractors
  • ProMach, backed by Leonard Green & Partners, acquired Modern Packaging, a Deer Park, NY-based provider of inline and rotary filling systems for food products
  • Anchor Packaging, backed by The Jordan Company, acquired Panoramic Inc., a Janesville, WI-based manufacturer of thermoformed products used in fresh food applications
  • American Construction Source, backed by Angeles Equity Partners and Clearlake Capital, acquired Weaver Lumber, a Redding, CA-based distributor of building materials for custom home builders and repair and remodel contractor
  • Additional transactions

 

TMT

  • Bison Capital invested in FTR Group, a Denver, CO-based developer of digital recording software and hardware
  • Xact Data Discovery, backed by JLL Partners, acquired RVM Enterprises, a Jersey City, NJ-based provider of eDiscovery services
  • Sagewind Capital invested in QuantiTech, a Huntsville, AL-based provider of highly technical engineering services to US defense agencies and departments; KippsDeSanto advised on the transaction
  • Additional transactions

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Deal information described in DealWatch is obtained from publicly available sources or as communicated to NepFin without restrictions on confidentiality. NepFin makes efforts to ensure the information provided is accurate as of the date of its collection, but NepFin cannot guarantee that there will be no errors. NepFin makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the contents of the newsletter and expressly disclaims liability for errors and omissions in the contents of this newsletter.

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