In 2017, FOCUS closed deals leaped forward by a whopping 64 percent, and, frankly, I’m thrilled and extremely proud of our achievement!
Twenty-three closed deals demonstrate the solid expertise of FOCUS both in the spectrum of sectors engaged as well as in the variety of strategic services successfully deployed.
Looking ahead to a prosperous 2018, we anticipate a climate rich in M&A deal-making opportunities. According to Mergers & Acquisitions, “For dealmakers, 2018 looks to remain strong…pointing to another robust year for the industry.” We second that thought, and believe we’re ready for action.
While all the signs are favorable, it’s also wise to make the most of these conditions. We firmly believe there is renewed confidence in dealmaking in 2018, offering buyers and sellers expanding prospects for success!
2017 FOCUS Transactions in Chronologic Order
Acquisition Financing in the Business Services Industry: Nelson Worldwide, a global interior design and architectural firm, obtained an acquisition debt facility from New Spring Capital.
Acquisition Financing in the Healthcare and Life Sciences Industry: ncgCARE, a national network of provider partners in behavioral healthcare, obtained an acquisition debt facility from New Spring Capital.
Sell Side Deal in the Advanced Manufacturing and Automation Industry: A sheet metal manufacturer was acquired by the premier supplier of a specialty Iron-Nickel alloy that is rolled for composite tooling applications. Details remain private.
Sell Side Deal in the Automotive Industry: D’Angelo’s Automotive and Industrial Coatings and its 14 locations were acquired by FinishMaster, Inc., a subsidiary of Uni-Select, Inc. D’Angelo’s is one of the largest paint distributors in the U.S.
Sell Side Deal in the Government, Aerospace, and Defense Industry: Critical Technologies (dba AirVault), providing Enterprise Content Management (ECM) applications for global enterprises that require mission critical performance, was acquired by GE Aviation.
Sell Side Deal in the Automotive Industry: Harrington’s Collision and Repair was acquired by Mita Collision Center. This was a large, single location collision repair business.
Sell Side Deal in the Government, Aerospace, and Defense Industry: Panum, a government contractor providing acquisition management, program management, contract management, and IT infrastructure support and services, was acquired by Renovus Capital Partners, a private equity firm.
Sell Side Deal in the Energy and Environmental Industry: Enviro-Organic, a food residuals processing solutions company, was acquired by Denali Water Solutions LLC, one of the most experienced residuals management companies in the U.S.
Sell Side Deal in the Government, Aerospace, and Defense Industry: KMS Solutions, LLC, a federal government contractor providing engineering and training services for the Navy, was acquired by SUBSYSTEMs, a federal government contractor supporting DoD and civilian communities.
Buy Side Deal in the Healthcare and Life Sciences Industry: ncgCARE, a national network of provider partners in behavioral healthcare, acquired Appalachian Community Services, a provider of mental health, substance abuse, and intellectual and developmental services to children, adolescents, and adults.
Growth Capital Raise in the Business Services (Vacation Rentals) Industry: RedAwning, a vacation rental business, received $40 million of growth equity from Silversmith Capital Partners, a Boston-based growth equity firm.
Sell Side Deal in the Business Services Industry: A firm providing interior design, strategic planning, architecture, and construction management to its clients was acquired by a global interior design firm. Details remain private.
Sell Side Deal in the Automotive Industry: Concours Collision Centres, one of the premier multi-shop operators (MSO) in Calgary, Alberta, was acquired by The Boyd Group, one of the largest operators of non-franchised collision repair centers in North America.
Growth Financing in the Information Technology Industry: Financing to service long term customer contracts was arranged for a provider of information technology services to the financial services sector. Details remain private.
Buy Side Deal in the Healthcare and Life Sciences Industry: ncgCARE, a national network of provider partners in behavioral healthcare, acquired Starlight Behavioral Health Services, a provider of intellectual and developmental disability services to children, adolescents, and adults.
Sell Side Deal in the Automotive Industry: Valley Motor Center Autobody, Inc., a multi-shop operator (MSO) specializing in all related fields of auto body repair, was acquired by Service King Collision Repair.
Sell Side Deal in the Advanced Manufacturing and Automation Industry: Exhibitor Labs, a provider of beauty and health products for show horse owners and exhibitors, was acquired by Straight Arrow Products, a supplier of hair and skin care products in both equestrian and human markets.
Buy Side Deal in the Healthcare and Life Sciences Industry: A private equity firm acquired a provider of behavioral health support services to intellectually and developmentally disabled people. Details remain private.
Sell Side Deal in the Information Technology Industry: ESM Software Group, Inc. an international information technology (IT) strategy and balanced scorecard software company, was acquired by private investors.
Sell Side Deal in the Automotive Industry: A 15-store tire and service chain was acquired by a tire and automotive services firm. Details remain private.
Recapitalization in the Information Technology Industry: Lockstep Technology Group, a technology services firm serving education, government, and professional services industries, was recapitalized by Renovus Capital Partners, a private equity firm.
Sell Side Deal in the Information Technology Industry: Donnelly Communications, Inc., a call center services company serving retail businesses, was acquired by Support Services Group.
Growth Financing in the Information Technology Industry: Financing to service long term customer contracts was arranged for a provider of information technology services to the financial services sector. Details remain private.